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Average Physical Therapists Salary in New York

Physical Therapists in New York can expect an average annual salary of $100,770, which is slightly below the national average of $102,240. This marginal difference is often influenced by the state's unique economic landscape, demand for specialized care, and the overall cost of doing business within its major metropolitan areas.

Executive Summary

  • Average Salary: $100,770 per year.
  • Growth Trend: Salaries have shifted 8.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,350.
  • Outlook: New York boasts a substantial workforce of 15,810 Physical Therapists, indicating a significant presence in the healthcare sector. With a Location Quotient of 1.03, the concentration of these professionals in New York is slightly higher than the national average, suggesting a robust and stable demand for their services within the state.
2024 Market Data

Salary Overview

$100,770

The average Physical Therapists in New York earns-1.4%below the national average.

BreakdownBased on 40h/week
Hourly

$48.5

Weekly

$1,938

Monthly

$8,398

Physical Therapists Salary Distribution in New York

Salary progression for Physical Therapists in New York typically correlates with experience. Entry-level practitioners may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$66,680$32.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$75,578$36.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$99,430$47.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$125,963$60.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$130,350$62.7

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$100,770

Gross Pay

Real Wage (Purchasing Power)

$80,552

Adjusted for COL (125.1)

While the average salary of $100,770 appears substantial, New York's Cost of Living Index of 125.1 means that this income will not stretch as far as it would in a more affordable state. Prospective and current residents should carefully consider this higher cost of living when evaluating their overall financial well-being and purchasing power.

Job Market Context

15,810

Total Jobs

1.657

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, New York has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.

A Location Quotient of 1.03 indicates that New York has a slightly higher concentration of Physical Therapists relative to its overall workforce compared to the national average. This suggests a healthy, competitive job market where demand is consistent, but also that employers may have a slightly larger pool of qualified candidates to choose from.

Nearby Job Markets

Nearby Cities for Physical Therapists

Comparing salaries near New York

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Frequently Asked Questions

How much does a Physical Therapists make in New York?

The median annual salary for a Physical Therapists in New York is $100,770. This typically ranges from $66,680 for entry-level positions to $130,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 1.4% lower than the national median of $102,240.

Is New York a lucrative place for Physical Therapists?

Yes, with caveats.New York offers a high nominal salary for Physical Therapists, slightly below the national average. However, the significantly higher cost of living requires careful financial planning to maximize earning potential.

Is New York a good place to live for Physical Therapists?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($91,640) and Kingston, NY.

How does the number of Physical Therapists in New York compare nationally?

New York employs a significant number of Physical Therapists, with a total local workforce of 15,810, indicating a substantial presence in the healthcare industry.

What does a Location Quotient of 1.03 mean for Physical Therapists in New York?

A Location Quotient of 1.03 signifies that Physical Therapists are slightly more concentrated in New York than the national average, suggesting a strong and stable job market for the profession.

How does the Cost of Living in New York affect a Physical Therapist's salary?

With a Cost of Living Index of 125.1, New York is considerably more expensive than the national average. This means the $100,770 average salary has less purchasing power compared to lower-cost regions.

What is the average salary for a Physical Therapist in New York?

The average annual salary for a Physical Therapist in New York is approximately $100,770.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,810 employees in the New York area with a job density of 1.657 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.