Are physical therapy salaries increasing?
The Bureau of Labor Statistics (BLS) estimates that employment for physical therapists in the United States will grow 18% from 2019 to 2029, much faster than average. Here’s how a physical therapist salary stacks up against student loans.
What is the projected salary of a physical therapist?
The median annual wage for physical therapists was $91,010 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $63,530, and the highest 10 percent earned more than $126,780.
Can a physical therapist make 6 figures?
But the average salary of PTs, regardless of their doctorate degree, is well below the six figures you might expect of a doctor. In fact, average earnings sit at $88,000 annually, while an outpatient PT salary starts at $70,000 on average.
What is the average income of a physical therapist?
The average physical therapist salary is $85,000, which depends on years of experience, location, and specialty.
What is the hourly rate for a physical therapist?
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Physical Therapist in the United States. The average hourly rate for Physical Therapist ranges from $38 to $45 with the average hourly pay of $42.
What is the annual salary for a physical therapist?
Physical Therapists made a median salary of $89,440 in 2019. The best-paid 25 percent made $104,210 that year, while the lowest-paid 25 percent made $73,940 .
What is the Occupational Outlook for a physical therapist?
Job Outlook. Employment of physical therapists is projected to grow 22 percent from 2018 to 2028, much faster than the average for all occupations. Demand for physical therapy will come from the aging baby boomers, who are not only staying active later in life, but are more susceptible to health conditions, such as strokes,…