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Average Physical Therapists Salary in Louisville/Jefferson County, KY-IN

Physical Therapists in Louisville/Jefferson County, KY-IN earn an average annual salary of $92,190. This figure is slightly below the national average of $102,240, a common occurrence in metropolitan areas where local economic factors and demand can influence compensation. The specific pay rates in this region are shaped by the interplay of local healthcare needs and the supply of qualified professionals.

Executive Summary

  • Average Salary: $92,190 per year.
  • Growth Trend: Salaries have shifted 7.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $115,240.
  • Outlook: The Louisville/Jefferson County area supports a robust workforce of approximately 1,300 Physical Therapists. With a Location Quotient of 1.17, the concentration of these professionals is higher than the national average, indicating a notable presence and demand within the region's healthcare sector. This suggests a stable and potentially growing job market for physical therapy services.
2024 Market Data

Salary Overview

$92,190

The average Physical Therapists in Louisville/Jefferson County, KY-IN earns-9.8%below the national average.

BreakdownBased on 40h/week
Hourly

$44.3

Weekly

$1,773

Monthly

$7,683

Physical Therapists Salary Distribution in Louisville/Jefferson County, KY-IN

The career path for a Physical Therapist in Louisville/Jefferson County offers significant earning potential that scales with experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. These percentile gaps clearly signify opportunities for career advancement and increased earning capacity throughout one's professional journey.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$60,330$29
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$69,143$33.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$98,880$47.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$115,238$55.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$115,240$55.4

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$92,190

Gross Pay

Real Wage (Purchasing Power)

$92,190

Adjusted for COL (100)

For individuals considering a move to Louisville/Jefferson County, the nominal salary of $92,190 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Physical Therapist's salary in this region is equivalent to the national standard, offering stability and predictability in financial planning.

Job Market Context

1,300

Total Jobs

1.891

Per 1K Jobs

1.17

Location Quotient

Above Average

With a location quotient of 1.17, Louisville/Jefferson County, KY-IN has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.

The Location Quotient of 1.17 for Physical Therapists in Louisville/Jefferson County suggests a market where these professionals are slightly more concentrated than the national average. This indicates a healthy demand and a competitive environment, where employers actively seek skilled physical therapists. While not excessively saturated, the market offers ample opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Physical Therapists

Comparing salaries near Louisville/Jefferson County, KY-IN

Hiring Physical Therapistss?

Frequently Asked Questions

How much does a Physical Therapists make in Louisville/Jefferson County, KY-IN?

The median annual salary for a Physical Therapists in Louisville/Jefferson County, KY-IN is $92,190. This typically ranges from $60,330 for entry-level positions to $115,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisville/Jefferson County, KY-IN is 9.8% lower than the national median of $102,240.

Is Louisville/Jefferson County, KY-IN a lucrative place for Physical Therapists?

Yes, it offers competitive compensation relative to the cost of living.Physical Therapists in Louisville/Jefferson County earn $92,190 annually, which aligns with the national average cost of living. The slightly higher concentration of professionals suggests a strong local demand for their services.

Is Louisville/Jefferson County, KY-IN a good place to live for Physical Therapists?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Louisville/Jefferson County, KY-IN?

Some top paying nearby cities include Elizabethtown, KY ($94,870) and Columbus, IN.

How does the Louisville Physical Therapist salary compare to the national average?

The average annual salary for Physical Therapists in Louisville/Jefferson County is $92,190, which is approximately 10% lower than the national average of $102,240.

What is the Cost of Living in Louisville/Jefferson County, KY-IN?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100, which is exactly the national average. This means your salary will have the same purchasing power as it would nationally.

Is there high demand for Physical Therapists in Louisville/Jefferson County?

With a Location Quotient of 1.17, the concentration of Physical Therapists is higher than the national average, indicating a strong local demand for these healthcare professionals.

How many Physical Therapists work in Louisville/Jefferson County?

There are approximately 1,300 Physical Therapists employed in the Louisville/Jefferson County, KY-IN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,300 employees in the Louisville/Jefferson County, KY-IN area with a job density of 1.891 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.