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Average Physical Therapist Assistants Salary in New Mexico

Physical Therapist Assistants in New Mexico earn an average annual salary of $59,330, which is below the national average of $67,190. This difference can be attributed to a combination of factors, including the state's specific economic conditions and the overall demand for the profession within New Mexico. Localized market dynamics play a significant role in shaping compensation for healthcare professionals.

Executive Summary

  • Average Salary: $59,330 per year.
  • Growth Trend: Salaries have shifted 16.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,310.
  • Outlook: New Mexico's market for Physical Therapist Assistants appears moderately robust, with a local workforce of 690 professionals. The Location Quotient of 1.14 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not exceptionally high, demand for their services within the state.
2024 Market Data

Salary Overview

$59,330

The average Physical Therapist Assistants in New Mexico earns-11.7%below the national average.

BreakdownBased on 40h/week
Hourly

$28.5

Weekly

$1,141

Monthly

$4,944

Physical Therapist Assistants Salary Distribution in New Mexico

As Physical Therapist Assistants gain experience in New Mexico, their earning potential typically increases. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills or supervisory roles can command salaries in the higher percentiles. This progression reflects the value of accumulated knowledge and expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$35,380$17
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$44,498$21.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$59,330$28.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$74,163$35.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$81,310$39.1

Detailed Physical Therapist Assistants Market Analysis

Relocation Context

Nominal Salary

$59,330

Gross Pay

Real Wage (Purchasing Power)

$66,217

Adjusted for COL (89.6)

The average annual salary of $59,330 in New Mexico is significantly bolstered by a cost of living index of 89.6, which is below the national average of 100. This means that the nominal salary offers a relatively strong purchasing power, making the effective income potentially more favorable than the raw salary figure suggests when compared to higher-cost states.

Job Market Context

690

Total Jobs

0.796

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, New Mexico has a slightly higher-than-average concentration of Physical Therapist Assistants roles compared to the national norm.

With a Location Quotient of 1.14, New Mexico shows a slightly higher concentration of Physical Therapist Assistants than the national average. This suggests that the job market is neither oversaturated nor severely lacking in professionals, indicating a balanced environment where opportunities exist, but competition may be present.

Nearby Job Markets

Nearby Cities for Physical Therapist Assistants

CitySalaryDist.
Albuquerque, NM Physical Therapist Assistants Salary$59,380↑ 0%29 mi
Santa Fe, NM Physical Therapist Assistants Salary$66,130↑ 11%59 mi

Comparing salaries near New Mexico

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Frequently Asked Questions

How much does a Physical Therapist Assistants make in New Mexico?

The median annual salary for a Physical Therapist Assistants in New Mexico is $59,330. This typically ranges from $35,380 for entry-level positions to $81,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 11.7% lower than the national median of $67,190.

Is New Mexico a lucrative place for Physical Therapist Assistants?

Yes, with a caveat.While the average salary is below the national average, New Mexico's lower cost of living makes the $59,330 salary offer good purchasing power. The slightly higher concentration of jobs (LQ 1.14) also indicates steady demand.

Is New Mexico a good place to live for Physical Therapist Assistants?

With a Cost of Living Index of 89.6 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near New Mexico?

Some top paying nearby cities include Albuquerque, NM ($59,380) and Santa Fe, NM.

What is the average salary for a Physical Therapist Assistant in New Mexico?

The average annual salary for a Physical Therapist Assistant in New Mexico is $59,330.

How does New Mexico's Physical Therapist Assistant salary compare to the national average?

The average salary in New Mexico ($59,330) is lower than the national average ($67,190).

What is the cost of living in New Mexico compared to the national average?

New Mexico has a cost of living index of 89.6, which is 10.4% lower than the national average of 100.

Is the job market for Physical Therapist Assistants strong in New Mexico?

The job market shows a slightly higher concentration of Physical Therapist Assistants than the national average (LQ 1.14), suggesting a stable demand within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 690 employees in the New Mexico area with a job density of 0.796 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physical Therapist Assistants • Data source: BLS OEWS 2024 •Jobs in New Mexico