Average Physical Therapists Salary in Colorado Springs, CO
Physical Therapists in Colorado Springs, CO, can expect an average annual salary of $97,550. This figure is slightly below the national average of $102,240, a common occurrence in regions with a cost of living that aligns precisely with the national benchmark. Local economic factors and demand within the Colorado Springs healthcare sector play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $97,550 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,690.
- Outlook: The physical therapy job market in Colorado Springs appears robust, indicated by a local workforce of 740 professionals. The location quotient of 1.45 suggests a higher concentration of physical therapists compared to the national average, implying a strong and established demand for these services within the community.
Salary Overview
The average Physical Therapists in Colorado Springs, CO earns-4.6%below the national average.
$46.9
$1,876
$8,129
Physical Therapists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that physical therapist salaries in Colorado Springs 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 upward pressure on compensation.
Physical Therapists Salary Distribution in Colorado Springs, CO
Salary progression for Physical Therapists in Colorado Springs typically correlates with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries reflects significant career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $67,090 | $32.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $73,163 | $35.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $99,830 | $48 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $121,938 | $58.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $123,690 | $59.5 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$97,550
Gross Pay
Real Wage (Purchasing Power)
$97,550
Adjusted for COL (100)
With an average annual salary of $97,550 and a Cost of Living Index of 100, the nominal income in Colorado Springs, CO, offers purchasing power equivalent to the national average. This means that the salary earned by a physical therapist in this city will generally cover expenses at a rate comparable to the rest of the country, making it a financially stable location.
Job Market Context
740
Total Jobs
2.335
Per 1K Jobs
1.45
Location Quotient
With a location quotient of 1.45, Colorado Springs, CO has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.
A location quotient of 1.45 signifies that Colorado Springs has a notably higher concentration of physical therapists relative to its general population compared to the national average. This suggests a strong local demand for these specialists and potentially a more competitive job market for employers seeking to fill positions, while also indicating a healthy professional community.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Physical Therapists Salary | $98,920↑ 1% | 32 mi |
| Southwest Colorado nonmetropolitan area Physical Therapists Salary | $95,220↓ 2% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Physical Therapists Salary | $103,870↑ 6% | 32 mi |
| Pueblo, CO Physical Therapists Salary | $98,400↑ 1% | 42 mi |
| Denver-Aurora-Centennial, CO Physical Therapists Salary | $102,380↑ 5% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Colorado Springs, CO?
The median annual salary for a Physical Therapists in Colorado Springs, CO is $97,550. This typically ranges from $67,090 for entry-level positions to $123,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 4.6% lower than the national median of $102,240.
Is Colorado Springs, CO a lucrative place for Physical Therapists?
Yes, Colorado Springs offers a competitive salary for Physical Therapists.Physical Therapists in Colorado Springs earn an average of $97,550 annually, which aligns with the national cost of living. The strong concentration of professionals (LQ 1.45) indicates robust demand for their services.
Is Colorado Springs, CO a good place to live for Physical Therapists?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($98,920) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs Physical Therapist salary compare to the national average?
The average annual salary for Physical Therapists in Colorado Springs is $97,550, which is slightly lower than the national average of $102,240.
What is the Cost of Living in Colorado Springs, CO for Physical Therapists?
The Cost of Living Index in Colorado Springs is 100, which is exactly the national average. This means that the $97,550 salary has purchasing power equivalent to the national average.
How concentrated are Physical Therapists in Colorado Springs?
Colorado Springs has a higher concentration of Physical Therapists than the national average, with a Location Quotient of 1.45. This suggests a strong presence and demand for the profession.
What is the total workforce of Physical Therapists in Colorado Springs?
There are approximately 740 Physical Therapists employed in the Colorado Springs area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 740 employees in the Colorado Springs, CO area with a job density of 2.335 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 Colorado Springs, CO