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Average Physical Therapists Salary in Fargo, ND-MN

Physical Therapists in Fargo, ND-MN earn an average annual salary of $90,520, which is below the national average of $102,240. This difference is often influenced by regional economic factors, demand within the local healthcare sector, and the specific needs of the patient population in the Fargo area.

Executive Summary

  • Average Salary: $90,520 per year.
  • Growth Trend: Salaries have shifted 10.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,740.
  • Outlook: The Fargo, ND-MN area supports a dedicated workforce of 320 Physical Therapists. With a Location Quotient of 1.35, the concentration of these professionals is notably higher than the national average, suggesting a robust demand and a significant presence within the local healthcare ecosystem.
2024 Market Data

Salary Overview

$90,520

The average Physical Therapists in Fargo, ND-MN earns-11.5%below the national average.

BreakdownBased on 40h/week
Hourly

$43.5

Weekly

$1,741

Monthly

$7,543

Physical Therapists Salary Distribution in Fargo, ND-MN

The salary progression for Physical Therapists in Fargo, ND-MN typically scales with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear career growth trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$75,780$36.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$67,890$32.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$85,480$41.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$113,150$54.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$107,740$51.8

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$90,520

Gross Pay

Real Wage (Purchasing Power)

$90,520

Adjusted for COL (100)

The average annual salary of $90,520 in Fargo, ND-MN aligns perfectly with the national average Cost of Living Index of 100. This indicates that the nominal salary offers purchasing power equivalent to the national average, making Fargo a financially stable location for Physical Therapists.

Job Market Context

320

Total Jobs

2.18

Per 1K Jobs

1.35

Location Quotient

Above Average

With a location quotient of 1.35, Fargo, ND-MN has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.

A Location Quotient of 1.35 signifies that Physical Therapists are more concentrated in Fargo, ND-MN than the national average. This suggests a healthy job market with potentially more opportunities relative to the general workforce, indicating a strong demand for these specialized skills in the region.

Nearby Job Markets

Nearby Cities for Physical Therapists

CitySalaryDist.
Grand Forks, ND-MN Physical Therapists Salary$87,810 3%74 mi

Comparing salaries near Fargo, ND-MN

Hiring Physical Therapistss?

Frequently Asked Questions

How much does a Physical Therapists make in Fargo, ND-MN?

The median annual salary for a Physical Therapists in Fargo, ND-MN is $90,520. This typically ranges from $75,780 for entry-level positions to $107,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fargo, ND-MN is 11.5% lower than the national median of $102,240.

Is Fargo, ND-MN a lucrative place for Physical Therapists?

Yes, it offers competitive compensation relative to its cost of living.While the average salary is below the national figure, Fargo's cost of living is also at the national average, meaning the purchasing power of the salary is equivalent. The higher concentration of PTs also suggests strong local demand.

Is Fargo, ND-MN a good place to live for Physical Therapists?

The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fargo, ND-MN?

Some top paying nearby cities include Grand Forks, ND-MN ($87,810) and others.

How does Fargo's Physical Therapist salary compare to the national average?

Physical Therapists in Fargo, ND-MN earn an average of $90,520 annually, which is approximately 11.4% lower than the national average of $102,240.

What is the concentration of Physical Therapists in Fargo, ND-MN?

Fargo, ND-MN has a Location Quotient of 1.35 for Physical Therapists, indicating that the area has 35% more of these professionals than the national average, suggesting a strong presence in the local job market.

How does the cost of living in Fargo affect the salary?

With a Cost of Living Index of 100, Fargo is at the national average. This means the $90,520 salary provides purchasing power equivalent to the national average, making it a stable financial environment.

What is the total number of Physical Therapists in Fargo, ND-MN?

The Fargo, ND-MN metropolitan area employs approximately 320 Physical Therapists, representing 2.18 jobs per 1,000 workers in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Fargo, ND-MN area with a job density of 2.18 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.