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Average Physical Therapists Salary in Cedar Rapids, IA

Physical Therapists in Cedar Rapids, IA earn an average annual salary of $88,930. This figure is notably below the national average of $102,240, suggesting that local market dynamics and potentially regional demand influence compensation levels. While the salary is lower than the national benchmark, understanding the local economic context is crucial for a complete picture.

Executive Summary

  • Average Salary: $88,930 per year.
  • Growth Trend: Salaries have shifted 14.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,090.
  • Outlook: The physical therapy job market in Cedar Rapids, IA, shows a stable presence with a total local workforce of 230 professionals. The Location Quotient of 1.01 indicates that the concentration of physical therapists in Cedar Rapids is very close to the national average, suggesting a balanced demand and supply within the region. This steady employment landscape provides a solid foundation for career opportunities.
2024 Market Data

Salary Overview

$88,930

The average Physical Therapists in Cedar Rapids, IA earns-13.0%below the national average.

BreakdownBased on 40h/week
Hourly

$42.8

Weekly

$1,710

Monthly

$7,411

Physical Therapists Salary Distribution in Cedar Rapids, IA

Career progression for Physical Therapists in Cedar Rapids, IA, is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The salary distribution reflects a clear pathway for advancement and increased compensation based on expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$66,490$32
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$66,698$32.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$85,720$41.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$111,163$53.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$112,090$53.9

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$88,930

Gross Pay

Real Wage (Purchasing Power)

$88,930

Adjusted for COL (100)

The average annual salary for Physical Therapists in Cedar Rapids, IA, stands at $88,930, which aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the Cedar Rapids salary is equivalent to the national average, offering a stable financial environment for professionals considering a move to the area.

Job Market Context

230

Total Jobs

1.633

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Cedar Rapids, IA has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.

With a Location Quotient of 1.01, Cedar Rapids, IA, presents a job market for Physical Therapists that is almost identical in concentration to the national average. This suggests a competitive yet stable environment where opportunities are likely to be consistent with national trends, without significant oversupply or undersupply of professionals.

Nearby Job Markets

Nearby Cities for Physical Therapists

Comparing salaries near Cedar Rapids, IA

Hiring Physical Therapistss?

Frequently Asked Questions

How much does a Physical Therapists make in Cedar Rapids, IA?

The median annual salary for a Physical Therapists in Cedar Rapids, IA is $88,930. This typically ranges from $66,490 for entry-level positions to $112,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cedar Rapids, IA is 13.0% lower than the national median of $102,240.

Is Cedar Rapids, IA a lucrative place for Physical Therapists?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary for Physical Therapists in Cedar Rapids is below the national average. This indicates that while the financial situation is stable, it may not offer the same high earning potential seen in other regions.

Is Cedar Rapids, IA a good place to live for Physical Therapists?

The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cedar Rapids, IA?

Some top paying nearby cities include Iowa City, IA ($91,110) and Waterloo-Cedar Falls, IA.

How does the cost of living in Cedar Rapids, IA affect Physical Therapist salaries?

The cost of living in Cedar Rapids, IA is exactly at the national average (100). This means the nominal salary of $88,930 has the same purchasing power as the national average salary, making it a stable financial environment.

What is the concentration of Physical Therapists in Cedar Rapids, IA compared to the nation?

The concentration, measured by the Location Quotient, is 1.01, which is very close to the national average of 1.0. This indicates a similar density of Physical Therapists in Cedar Rapids as found nationwide.

How many Physical Therapists are employed in Cedar Rapids, IA?

There are approximately 230 Physical Therapists employed in Cedar Rapids, IA, representing a local workforce of this profession.

What is the job outlook for Physical Therapists in Cedar Rapids, IA?

The job outlook appears stable, with a concentration (Location Quotient) very close to the national average and a consistent number of jobs per 1,000 workers, suggesting steady demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Cedar Rapids, IA area with a job density of 1.633 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.