Physical Therapist (PT) Average Salaries

Jan 29, 2024

8 Min Read

1. What is the average salary for a physical therapist in the United States?


According to the Bureau of Labor Statistics, the average salary for a physical therapist in the United States is $89,440 per year as of May 2019.

2. How does an entry-level physical therapist’s salary compare to an experienced one?


The salary of an entry-level physical therapist is typically lower than that of an experienced one.

3. Are there any bonuses or benefits included in a physical therapist’s salary package?


Yes, many physical therapist jobs come with bonuses or benefits as part of the salary package. These can include health insurance, retirement plans, paid time off, and professional development opportunities. Some companies also offer incentives for meeting performance goals or working in certain areas of specialization. However, the exact bonuses and benefits included will vary depending on the employer and specific job position.

4. What factors influence the salary of a physical therapist, besides experience level?


Possible factors that may influence the salary of a physical therapist, besides experience level, could include geographic location, demand for physical therapy services in a particular area, education and qualifications (such as specialized certifications or advanced degrees), employer type (e.g. private practice vs. hospital), and negotiation skills. Additionally, certain specialties within physical therapy may also impact salary, such as sports medicine or geriatric care.

5. Do different geographic regions in the U.S. offer varied salaries for physical therapists?


Yes, different geographic regions in the U.S. can offer varied salaries for physical therapists. Factors such as cost of living, demand for physical therapy services, and local competition can affect salary levels in different regions. For example, a physical therapist working in a rural area with lower demand for their services may receive a lower salary compared to one working in a major city with high demand. Additionally, salaries may also vary within the same region depending on the specific employer and their budget for hiring physical therapists.

6. Can continuing education and additional certifications impact a physical therapist’s earnings?

Yes, continuing education and additional certifications can potentially impact a physical therapist’s earnings as they can increase their knowledge and expertise, making them more valuable to employers. This may lead to opportunities for career advancement and higher salaries. Additionally, certain certifications may make a therapist eligible for specialized roles or allow them to offer services that command higher rates. However, the exact impact of these factors on earnings will vary depending on the individual’s qualifications, experience, and job market conditions.

7. What is the highest paying setting for a physical therapist in terms of salary?


The highest paying setting for a physical therapist in terms of salary would typically be in home health care or a specialty hospital.

8. Are there significant differences in salaries between private practice and clinical/inpatient settings for PTs?


Yes, there are significant differences in salaries between private practice and clinical/inpatient settings for PTs. Private practice PTs typically have a higher salary due to the autonomy and potential for productivity-based bonuses, while clinical/inpatient settings may have more fixed salary structures. Factors such as location, years of experience, and specific job responsibilities can also impact the salary differences between these two settings.

9. How does a bachelor’s degree vs master’s or doctorate degree affect a PT’s salary?


A bachelor’s degree vs master’s or doctorate degree can greatly affect a physical therapist’s salary. Generally, those with higher degrees will have a higher salary due to their advanced education and expertise in the field. Employers may also offer higher salaries for those with higher degrees, as well as opportunities for career advancement. Additionally, certain roles or specialties within physical therapy may require a master’s or doctorate degree, which can also lead to higher salaries. However, factors such as experience, location, and demand for physical therapists in the area can also impact salary regardless of the level of education.

10. Is there a gender pay gap among physical therapists in the U.S.?


There is evidence of a gender pay gap among physical therapists in the U.S., with women typically earning less than men in this profession. According to a 2019 report from the Bureau of Labor Statistics, female physical therapists earned, on average, 89.6% of what their male counterparts earned. This gap persists even when accounting for factors such as education and experience.

11. Do years of experience as an athletic trainer or massage therapist count towards a PT’s salary?


No, years of experience as an athletic trainer or massage therapist do not directly count towards a PT’s salary. A physical therapist’s salary is typically based on their education level, certifications, and job location. However, past experience in related fields may be considered during job negotiations.

12. How do salaries for PTs compare to other healthcare professions such as occupational therapy or speech-language pathology?


The salaries for PTs, or physical therapists, may vary depending on several factors such as location, experience, and job setting. However, on average, the salaries for PTs tend to be comparable to those of occupational therapists and speech-language pathologists. According to the Bureau of Labor Statistics, the median annual wage for PTs in 2019 was $89,440, while occupational therapists earned a median annual wage of $84,950 and speech-language pathologists earned a median annual wage of $79,120. It is worth noting that all three professions require graduate degrees and have similar educational requirements.

13. Does working full-time versus part-time impact overall earnings for PTs?


Yes, working full-time versus part-time can impact overall earnings for PTs. Full-time employment typically comes with a higher salary or hourly rate as well as benefits such as health insurance, retirement plans, and paid time off. This can lead to a higher total income compared to part-time work. However, part-time PTs may have more flexibility in their schedule and the potential to work with multiple employers, potentially increasing their overall earnings. Additionally, factors such as experience level and location can also play a role in determining overall earnings for both full-time and part-time PTs.

14. Are there opportunities for growth and higher salaries within the field of physical therapy?

Yes, there are opportunities for growth and higher salaries within the field of physical therapy. Physical therapists can advance to leadership positions such as clinical director or department manager, which often come with higher salaries. Additionally, they can pursue further education and certifications in specialized areas of physical therapy, which can also lead to higher pay. Self-employment or owning a private practice may also offer potential for increased earnings.

15. Do location and cost of living play a role in determining PT salaries across states?


Yes, location and cost of living do play a role in determining PT salaries across states. Different states have varying costs of living, which means that the value and demand for physical therapy services may differ as well. This can impact the market for PT jobs and the salary range offered in each state. For example, a higher cost of living in a state like New York may result in higher salaries for PTs compared to a lower cost of living state like Mississippi. Additionally, certain areas or regions within a state may have higher demand for physical therapists, leading to increased salaries in those locations. Overall, factors such as location and cost of living are taken into consideration when determining PT salaries across states.

16. Is contract work more lucrative than full-time employment for physical therapists?

It depends on the individual situation and the terms of the contract. Some physical therapists may find that contract work allows them to earn significantly more money, while others may prefer the stability and benefits of full-time employment.

17.Besides base pay, what are some other compensation structures commonly offered to PTs, such as productivity bonuses or profit sharing?


Some other common compensation structures offered to physical therapists (PTs) include signing bonuses, relocation assistance, healthcare benefits, retirement plans, and continuing education reimbursement. Additionally, some employers may offer PTs incentives for meeting performance goals, such as patient satisfaction or productivity targets. Some PTs may also have the option for flexible scheduling or opportunities for career advancement within their organization.

18.What are some industries outside of healthcare that employ physical therapists and offer competitive salaries?


Some industries outside of healthcare that employ physical therapists and offer competitive salaries include:

1. Professional Sports Teams: Many professional sports teams hire physical therapists to work with their athletes and help them prevent and recover from injuries. These positions often come with high salaries due to the elite level of competition.

2. Rehabilitation Centers: Physical therapists are also in demand at rehabilitation centers, such as those for individuals recovering from surgeries or accidents. These facilities often offer higher salaries to attract top talent.

3. Schools/Universities: Physical therapists can also find employment at schools and universities, working with students who have athletic injuries or disabilities. Salaries may vary depending on the size and prestige of the institution.

4. Government Agencies: Federal and state government agencies also hire physical therapists, such as the Department of Veterans Affairs or the Department of Defense. These positions often come with competitive salaries and benefits.

5. Corporate Health Programs: Some large corporations offer health programs for their employees, including on-site physical therapy services. These positions may come with a higher salary than traditional clinical settings.

6. Home Health Agencies: Physical therapists can also work for home health agencies, providing services to patients in their homes. Salaries may vary based on location and experience.

7. Fitness Industry: With an emphasis on injury prevention and rehabilitation, many fitness centers and gyms now employ physical therapists as part of their staff, offering competitive salaries to attract qualified professionals.

8. Hospice Care Facilities: Physical therapists can also work in hospice care facilities, helping patients manage pain, improve mobility, and maintain functional independence during end-of-life care.

9.Openings caused by population growth across all net sectors-increases interest opportunities-Physical – Jobs in City Order (from highest paid)

From highest-paid:

1) Management Consultants/Organizational Analysts
2) Financial Planners / Sales Agents/Buyers/Retailers
3) Attorneys/Legal Professions
4) Advertising/Marketing Managers
5) Veterinarians / Dentists
6) Healthcare Recruiters/Administrators/Therapists
7) Truck Drivers /Operations Positions for Class A CDL Trucking Companies
8) Logistics Logistician /Operations Development/Coordinators/Safety Specialists
9) Sales/Business Managers and Project Management data positions

19.Is it common for physical therapists to negotiate their starting salary with employers?


Yes, it is common for physical therapists to negotiate their starting salary with employers. Like in any profession, individuals may have varying levels of experience and qualifications, and therefore may negotiate for a higher salary based on these factors. Additionally, certain locations or specialties may warrant a higher salary. However, each negotiation is unique and can depend on the specific employer and job market conditions.

20.How does employee turnover rate affect salaries within the field of physical therapy in the U.S.?


The employee turnover rate within the field of physical therapy in the U.S. can greatly impact salaries. When there is a high level of turnover, it can create a shortage of experienced and qualified physical therapists, leading to increased competition for employees and potentially driving up salaries. On the other hand, if there is a low turnover rate, there may be more stability and job security for physical therapists, which could result in lower salary increases or stagnant wages. Additionally, high turnover rates can also create a strain on resources within physical therapy facilities, potentially leading to budget cuts and reduced salaries. Ultimately, the employee turnover rate plays a significant role in shaping the overall salary landscape within the field of physical therapy in the U.S.

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