Average Physical Therapists Salary in Fort Collins-Loveland, CO
Physical Therapists in the Fort Collins-Loveland, CO area earn an average annual salary of $93,240. This figure is slightly below the national average of $102,240, suggesting localized market dynamics and potentially a different supply-demand equilibrium at play. Factors such as the specific healthcare needs of the region and the concentration of facilities can influence compensation.
Executive Summary
- Average Salary: $93,240 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,490.
- Outlook: The Fort Collins-Loveland area supports a dedicated workforce of 410 Physical Therapists, indicating a stable local demand for these professionals. With a Location Quotient of 1.44, the concentration of Physical Therapists is notably higher than the national average, suggesting a robust and potentially growing job market for this profession within the region.
Salary Overview
The average Physical Therapists in Fort Collins-Loveland, CO earns-8.8%below the national average.
$44.8
$1,793
$7,770
Physical Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Physical Therapists across the nation, including in areas like Fort Collins-Loveland, have experienced steady growth over the past four years. This trend is typically driven by increasing healthcare demands, an aging population, and advancements in physical therapy techniques, leading to higher compensation for skilled professionals.
Physical Therapists Salary Distribution in Fort Collins-Loveland, CO
The career trajectory for Physical Therapists in Fort Collins-Loveland, as elsewhere, typically involves significant salary increases with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more, potentially reaching into higher percentiles of the salary distribution. These percentile gaps clearly signify opportunities for career progression and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $60,820 | $29.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $69,930 | $33.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $91,080 | $43.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $116,550 | $56 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $121,490 | $58.4 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$93,240
Gross Pay
Real Wage (Purchasing Power)
$93,240
Adjusted for COL (100)
The average annual salary of $93,240 for Physical Therapists in Fort Collins-Loveland aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Physical Therapist's salary in this locale is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
410
Total Jobs
2.316
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Fort Collins-Loveland, CO has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.
A Location Quotient of 1.44 for Physical Therapists in Fort Collins-Loveland signifies a market concentration that is 44% higher than the national average. This indicates a strong presence and potentially higher demand for these professionals relative to the general workforce, suggesting a competitive yet opportunity-rich environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Physical Therapists Salary | $100,900↑ 8% | 18 mi |
| Boulder, CO Physical Therapists Salary | $105,720↑ 13% | 37 mi |
| Cheyenne, WY Physical Therapists Salary | $97,220↑ 4% | 43 mi |
| Denver-Aurora-Centennial, CO Physical Therapists Salary | $102,380↑ 10% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Fort Collins-Loveland, CO?
The median annual salary for a Physical Therapists in Fort Collins-Loveland, CO is $93,240. This typically ranges from $60,820 for entry-level positions to $121,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 8.8% lower than the national median of $102,240.
Is Fort Collins-Loveland, CO a lucrative place for Physical Therapists?
Yes, with a caveat.While the average salary is slightly below the national average, the strong concentration of Physical Therapists and a cost of living matching the national average make it a stable and potentially rewarding location for the profession.
Is Fort Collins-Loveland, CO a good place to live for Physical Therapists?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($100,900) and Boulder, CO.
How does the local PT job market compare to the national average?
The Fort Collins-Loveland area has a higher concentration of Physical Therapists (LQ of 1.44) than the national average, indicating a more robust local market for these professionals.
What is the cost of living impact on a Physical Therapist's salary in Fort Collins-Loveland?
With a Cost of Living Index of 100, the $93,240 average salary in Fort Collins-Loveland offers purchasing power equivalent to the national average, making it financially comparable.
How many Physical Therapists work in Fort Collins-Loveland?
There are approximately 410 Physical Therapists employed within the Fort Collins-Loveland, CO area.
Does experience significantly impact a Physical Therapist's salary in this region?
Yes, like most regions, experience plays a crucial role, with entry-level positions earning less and senior or specialized roles commanding higher salaries, reflecting career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Fort Collins-Loveland, CO area with a job density of 2.316 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 Fort Collins-Loveland, CO