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Average Physical Therapists Salary in Madison, WI

Physical Therapists in Madison, WI, earn an average annual salary of $99,540, which is slightly below the national average of $102,240. This localized compensation reflects a balance between the specific demand within the Madison area and the broader economic factors influencing the healthcare sector. While not reaching the national benchmark, the Madison market offers a competitive environment for these essential healthcare professionals.

Executive Summary

  • Average Salary: $99,540 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,750.
  • Outlook: The Madison, WI, job market for Physical Therapists appears robust, indicated by a local workforce of 830 professionals. The Location Quotient of 1.27 suggests a higher concentration of Physical Therapists in Madison compared to the national average, implying a consistent demand for their services within the region. With 2.051 jobs per 1,000 workers, the data points to a healthy and active employment landscape for this profession.
2024 Market Data

Salary Overview

$99,540

The average Physical Therapists in Madison, WI earns-2.6%below the national average.

BreakdownBased on 40h/week
Hourly

$47.9

Weekly

$1,914

Monthly

$8,295

Physical Therapists Salary Distribution in Madison, WI

Salary progression for Physical Therapists in Madison, WI, typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more. The percentile gaps in salary distribution highlight clear career progression pathways, rewarding advanced expertise and years of dedicated service in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$76,500$36.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$74,655$35.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$101,530$48.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$124,425$59.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$123,750$59.5

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$99,540

Gross Pay

Real Wage (Purchasing Power)

$99,540

Adjusted for COL (100)

The nominal salary of $99,540 in Madison, WI, is perfectly aligned with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Physical Therapist's salary in Madison is equivalent to the national average, offering a stable financial foundation for residents without the added burden of higher living expenses.

Job Market Context

830

Total Jobs

2.051

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Madison, WI has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.

A Location Quotient of 1.27 indicates that Madison, WI, has a notably higher concentration of Physical Therapists than the national average. This suggests a competitive market where employers may have a good pool of talent to draw from, but also signifies a strong, established presence and ongoing demand for these specialists within the local healthcare infrastructure.

Nearby Job Markets

Nearby Cities for Physical Therapists

Comparing salaries near Madison, WI

Hiring Physical Therapistss?

Frequently Asked Questions

How much does a Physical Therapists make in Madison, WI?

The median annual salary for a Physical Therapists in Madison, WI is $99,540. This typically ranges from $76,500 for entry-level positions to $123,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 2.6% lower than the national median of $102,240.

Is Madison, WI a lucrative place for Physical Therapists?

Yes, Madison, WI offers a competitive salary for Physical Therapists.With an average salary of $99,540 and a cost of living matching the national average, Madison provides strong earning potential. The higher-than-average concentration of Physical Therapists also suggests consistent demand for their services.

Is Madison, WI a good place to live for Physical Therapists?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($98,650) and Rockford, IL.

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

The average annual salary for Physical Therapists in Madison, WI is $99,540, which is slightly lower than the national average of $102,240.

What is the concentration of Physical Therapists in Madison, WI?

Madison, WI has a Location Quotient of 1.27 for Physical Therapists, meaning there is a 27% higher concentration of these professionals compared to the national average.

What is the cost of living in Madison, WI for Physical Therapists?

The cost of living in Madison, WI is at the national average (index of 100), meaning your salary of $99,540 has the same purchasing power as the national average salary.

How many Physical Therapists are employed in Madison, WI?

There are approximately 830 Physical Therapists employed in Madison, WI, with 2.051 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Madison, WI area with a job density of 2.051 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.