Average Physical Therapists Salary in Albany-Schenectady-Troy, NY
Physical Therapists in the Albany-Schenectady-Troy, NY area earn an average annual salary of $89,420. This figure is notably below the national average of $102,240, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $89,420 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,310.
- Outlook: With a local workforce of 750 Physical Therapists and a Location Quotient of 1.05, the job market in Albany-Schenectady-Troy indicates a slightly higher concentration of these professionals compared to the national average. This suggests a stable, albeit not rapidly expanding, demand for physical therapy services within the area.
Salary Overview
The average Physical Therapists in Albany-Schenectady-Troy, NY earns-12.5%below the national average.
$43
$1,720
$7,452
Physical Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Physical Therapists in Albany-Schenectady-Troy have seen consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs and a growing aging population likely contribute to this upward salary trajectory.
Physical Therapists Salary Distribution in Albany-Schenectady-Troy, NY
Salary progression for Physical Therapists in Albany-Schenectady-Troy typically scales with experience. Entry-level practitioners may start at lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear career ladder and opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $64,410 | $31 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $67,065 | $32.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $88,880 | $42.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $111,775 | $53.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $108,310 | $52.1 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$89,420
Gross Pay
Real Wage (Purchasing Power)
$89,420
Adjusted for COL (100)
The average annual salary of $89,420 in Albany-Schenectady-Troy aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, indicating a balanced economic environment for physical therapists relocating to or residing in the area.
Job Market Context
750
Total Jobs
1.7
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.
A Location Quotient of 1.05 signifies that Physical Therapists are slightly more concentrated in Albany-Schenectady-Troy than the national average. This suggests a healthy, competitive job market where employers may have a good pool of talent, but also indicates a solid demand for these services within the region.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Physical Therapists Salary | $101,910↑ 14% | 31 mi |
| Glens Falls, NY Physical Therapists Salary | $91,190↑ 2% | 45 mi |
| Kingston, NY Physical Therapists Salary | $101,130↑ 13% | 52 mi |
| Southwest New York nonmetropolitan area Physical Therapists Salary | $87,460↓ 2% | 68 mi |
| Central East New York nonmetropolitan area Physical Therapists Salary | $89,810↑ 0% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Physical Therapists in Albany-Schenectady-Troy, NY is $89,420. This typically ranges from $64,410 for entry-level positions to $108,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 12.5% lower than the national median of $102,240.
Is Albany-Schenectady-Troy, NY a lucrative place for Physical Therapists?
No, not significantly more lucrative than the national average.While the average salary of $89,420 is substantial, it falls below the national average of $102,240. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Albany-Schenectady-Troy, NY a good place to live for Physical Therapists?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany-Schenectady-Troy, NY?
Some top paying nearby cities include Pittsfield, MA ($101,910) and Glens Falls, NY.
How does the Albany-Schenectady-Troy Physical Therapist salary compare to the national average?
Physical Therapists in Albany-Schenectady-Troy earn an average of $89,420 annually, which is less than the national average of $102,240.
What is the cost of living in Albany-Schenectady-Troy, NY?
The Cost of Living Index in Albany-Schenectady-Troy is 100, which is exactly the national average, indicating that the general cost of goods and services is on par with the rest of the country.
Is there high demand for Physical Therapists in Albany-Schenectady-Troy?
With a Location Quotient of 1.05, there is a slightly higher concentration of Physical Therapists than the national average, suggesting a stable and consistent demand for their services in the region.
How many Physical Therapists work in Albany-Schenectady-Troy?
The total local workforce for Physical Therapists in the Albany-Schenectady-Troy area is approximately 750 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 750 employees in the Albany-Schenectady-Troy, NY area with a job density of 1.7 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physical Therapists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY