Average Physical Therapists Salary in Peoria, IL
Physical Therapists in Peoria, IL, command an impressive average annual salary of $103,020, slightly exceeding the national average of $102,240. This competitive compensation reflects the localized demand and the specific economic factors influencing the healthcare sector within the region. While the national average provides a benchmark, regional nuances significantly shape the earning potential for these vital healthcare professionals.
Executive Summary
- Average Salary: $103,020 per year.
- Growth Trend: Salaries have shifted 16.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,830.
- Outlook: With a local workforce of 210 Physical Therapists and a Location Quotient of 0.78, Peoria presents a stable, albeit not hyper-concentrated, job market for the profession. The figure of 1.256 jobs per 1,000 workers indicates a steady presence of opportunities, suggesting a consistent demand that supports the current employment levels. This suggests a balanced environment where experienced professionals can find stable employment.
Salary Overview
The average Physical Therapists in Peoria, IL earns+0.8%above the national average.
$49.5
$1,981
$8,585
Physical Therapists Salary Trends (2020-2024)
While specific historical data for Peoria is not provided, it's reasonable to assume that Physical Therapist salaries in the region have mirrored national trends over the past four years. This typically involves gradual, consistent growth driven by increasing healthcare needs, an aging population, and advancements in physical therapy techniques. Such trends generally lead to salary increases, reflecting both inflation and enhanced demand for skilled practitioners.
Physical Therapists Salary Distribution in Peoria, IL
The career trajectory for Physical Therapists in Peoria, IL, typically shows a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills or in leadership roles can command salaries well into the upper percentiles. These percentile gaps are indicative of the substantial career progression and earning potential available as one advances in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $78,570 | $37.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $77,265 | $37.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $101,140 | $48.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $128,775 | $61.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $133,830 | $64.3 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$103,020
Gross Pay
Real Wage (Purchasing Power)
$103,020
Adjusted for COL (100)
The average annual salary of $103,020 in Peoria, IL, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a Physical Therapist's salary in Peoria is equivalent to the national average. Consequently, relocating to Peoria offers no immediate cost-of-living advantage or disadvantage in terms of salary versus expenses, making it a neutral financial decision from this perspective.
Job Market Context
210
Total Jobs
1.256
Per 1K Jobs
0.78
Location Quotient
Peoria, IL has 0.78x 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 0.78 suggests that Physical Therapists are slightly less concentrated in Peoria, IL, compared to the national average. This indicates a market that is neither oversaturated nor experiencing a severe shortage, implying a healthy level of competition for available positions. While not a hotspot for the profession, the presence of 210 practitioners signifies a consistent and established need for their services within the community.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Physical Therapists Salary | $92,230↓ 10% | 39 mi |
| West Central Illinois nonmetropolitan area Physical Therapists Salary | $106,030↑ 3% | 43 mi |
| East Central Illinois nonmetropolitan area Physical Therapists Salary | $101,560↓ 1% | 43 mi |
| Northwest Illinois nonmetropolitan area Physical Therapists Salary | $108,210↑ 5% | 43 mi |
| South Illinois nonmetropolitan area Physical Therapists Salary | $111,160↑ 8% | 43 mi |
Comparing salaries near Peoria, IL
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Frequently Asked Questions
How much does a Physical Therapists make in Peoria, IL?
The median annual salary for a Physical Therapists in Peoria, IL is $103,020. This typically ranges from $78,570 for entry-level positions to $133,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 0.8% higher than the national median of $102,240.
Is Peoria, IL a lucrative place for Physical Therapists?
Yes, Peoria, IL offers a lucrative environment for Physical Therapists.Physical Therapists in Peoria earn slightly above the national average salary, and with a cost of living at the national average, their earnings provide strong purchasing power.
Is Peoria, IL a good place to live for Physical Therapists?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($92,230) and West Central Illinois nonmetropolitan area.
How does Peoria's Physical Therapist salary compare to the national average?
Physical Therapists in Peoria, IL, earn an average annual salary of $103,020, which is slightly higher than the national average of $102,240.
What is the cost of living in Peoria, IL, for Physical Therapists?
The cost of living in Peoria, IL, is exactly at the national average, indexed at 100. This means your salary's purchasing power is comparable to the national average.
How concentrated is the Physical Therapist job market in Peoria?
The job market for Physical Therapists in Peoria is moderately concentrated, with a Location Quotient of 0.78, indicating slightly fewer practitioners per capita than the national average.
What is the total number of Physical Therapists employed in Peoria, IL?
There are approximately 210 Physical Therapists employed in the Peoria, IL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Peoria, IL area with a job density of 1.256 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 Peoria, IL