Average Physical Therapists Salary in Albuquerque, NM
Physical Therapists in Albuquerque, NM, earn an average annual salary of $100,510. This figure is slightly below the national average of $102,240, suggesting a localized compensation structure influenced by regional economic factors and demand within the New Mexico market. The cost of living in Albuquerque aligns perfectly with the national average, making this salary highly comparable in real terms.
Executive Summary
- Average Salary: $100,510 per year.
- Growth Trend: Salaries have shifted 14.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,070.
- Outlook: Albuquerque supports a dedicated workforce of 680 Physical Therapists, with a Location Quotient of 1.05 indicating a slightly higher concentration of these professionals than the national average. This suggests a stable and consistent demand for physical therapy services within the city, reflecting a healthy job market for practitioners.
Salary Overview
The average Physical Therapists in Albuquerque, NM earns-1.7%below the national average.
$48.3
$1,933
$8,376
Physical Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Physical Therapist salaries in Albuquerque have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, an aging population, and advancements in physical therapy techniques likely contribute to this upward salary trajectory.
Physical Therapists Salary Distribution in Albuquerque, NM
The salary progression for Physical Therapists in Albuquerque, as in most markets, typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more. The variance in pay across different experience levels, often reflected in salary percentiles, highlights clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $64,080 | $30.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $75,383 | $36.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $100,790 | $48.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $125,638 | $60.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $134,070 | $64.5 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$100,510
Gross Pay
Real Wage (Purchasing Power)
$100,510
Adjusted for COL (100)
With an average annual salary of $100,510 and a Cost of Living Index of 100 (matching the national average), Physical Therapists relocating to Albuquerque can expect their nominal income to translate directly into purchasing power. This means the salary offers a standard of living equivalent to the national median, without the added financial strain of a higher cost of living.
Job Market Context
680
Total Jobs
1.688
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Albuquerque, NM has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.
The Location Quotient of 1.05 for Physical Therapists in Albuquerque signifies a job market that is slightly more concentrated than the national average. This suggests a healthy, competitive environment where demand for skilled professionals is robust, potentially leading to more opportunities and stable employment for qualified individuals.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Physical Therapists Salary | $101,830↑ 1% | 29 mi |
| Northern New Mexico nonmetropolitan area Physical Therapists Salary | $106,550↑ 6% | 29 mi |
| Santa Fe, NM Physical Therapists Salary | $108,440↑ 8% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Albuquerque, NM?
The median annual salary for a Physical Therapists in Albuquerque, NM is $100,510. This typically ranges from $64,080 for entry-level positions to $134,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 1.7% lower than the national median of $102,240.
Is Albuquerque, NM a lucrative place for Physical Therapists?
Yes, Albuquerque offers a competitive salary for Physical Therapists.The average salary of $100,510 is very close to the national average, and with a cost of living index of 100, the purchasing power is equivalent to the national standard.
Is Albuquerque, NM a good place to live for Physical Therapists?
The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albuquerque, NM?
Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($101,830) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's Physical Therapist salary compare to the national average?
The average annual salary for Physical Therapists in Albuquerque is $100,510, which is slightly lower than the national average of $102,240.
What is the Cost of Living in Albuquerque relative to the national average?
Albuquerque's Cost of Living Index is 100, which is exactly the same as the national average, indicating a neutral cost of living.
How concentrated is the Physical Therapist job market in Albuquerque?
Albuquerque has a Location Quotient of 1.05 for Physical Therapists, meaning the concentration of these professionals is slightly higher than the national average.
How many Physical Therapists are employed in Albuquerque?
There are approximately 680 Physical Therapists employed in Albuquerque, representing 1.688 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Albuquerque, NM area with a job density of 1.688 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 Albuquerque, NM