Average Physical Therapists Salary in Memphis, TN-MS-AR
Physical Therapists in the Memphis, TN-MS-AR metropolitan area earn an average annual salary of $100,240. This figure is slightly below the national average of $102,240, indicating a competitive but not exceptionally high compensation landscape. Local market dynamics, including demand and the cost of doing business, likely contribute to this pay scale.
Executive Summary
- Average Salary: $100,240 per year.
- Growth Trend: Salaries have shifted 9.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,550.
- Outlook: The Memphis area supports a Physical Therapist workforce of approximately 750 professionals. With a Location Quotient of 0.75, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding job market. The presence of 1.205 jobs per 1,000 workers indicates a consistent need for these services within the region.
Salary Overview
The average Physical Therapists in Memphis, TN-MS-AR earns-2.0%below the national average.
$48.2
$1,928
$8,353
Physical Therapists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Physical Therapist salaries in Memphis have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demand, an aging population, and advancements in physical therapy techniques typically drive salary increases in this field.
Physical Therapists Salary Distribution in Memphis, TN-MS-AR
Salary progression for Physical Therapists in Memphis is strongly tied to experience. Entry-level practitioners typically earn at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps in earnings highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $77,870 | $37.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $75,180 | $36.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $101,360 | $48.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $125,300 | $60.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $123,550 | $59.4 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$100,240
Gross Pay
Real Wage (Purchasing Power)
$100,240
Adjusted for COL (100)
The average annual salary of $100,240 for Physical Therapists in Memphis aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Memphis-based PT's salary is equivalent to that of a PT earning the national average in a location with average living expenses, offering good financial stability.
Job Market Context
750
Total Jobs
1.205
Per 1K Jobs
0.75
Location Quotient
Memphis, TN-MS-AR has 0.75x the national average concentration of Physical Therapists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.75 suggests that Physical Therapists are somewhat less concentrated in Memphis compared to the national average. This indicates that while the demand is present, the market may not be oversaturated, potentially offering good opportunities for qualified professionals seeking employment without facing intense competition from a disproportionately large PT workforce.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Physical Therapists Salary | $98,560↓ 2% | 64 mi |
| Jackson, TN Physical Therapists Salary | $95,050↓ 5% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Memphis, TN-MS-AR?
The median annual salary for a Physical Therapists in Memphis, TN-MS-AR is $100,240. This typically ranges from $77,870 for entry-level positions to $123,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 2.0% lower than the national median of $102,240.
Is Memphis, TN-MS-AR a lucrative place for Physical Therapists?
Yes, it offers good earning potential relative to living costs.Physical Therapists in Memphis earn $100,240 annually, which is close to the national average. Combined with a Cost of Living Index at the national average, this salary provides strong purchasing power and financial stability.
Is Memphis, TN-MS-AR a good place to live for Physical Therapists?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($98,560) and Jackson, TN.
How does the Memphis PT salary compare to the national average?
The average annual salary for Physical Therapists in Memphis is $100,240, which is slightly lower than the national average of $102,240.
What is the concentration of Physical Therapists in Memphis?
The concentration of Physical Therapists in Memphis, indicated by a Location Quotient of 0.75, is below the national average, suggesting a moderate level of specialization in the region.
How does the cost of living in Memphis affect a Physical Therapist's salary?
Memphis has a Cost of Living Index of 100, which is the national average. This means that the $100,240 salary has the same purchasing power as the national average salary in a location with average living expenses.
What does the job market look like for Physical Therapists in Memphis?
The job market appears stable, with 750 Physical Therapists employed and 1.205 jobs per 1,000 workers, indicating consistent demand for the profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 750 employees in the Memphis, TN-MS-AR area with a job density of 1.205 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 Memphis, TN-MS-AR