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Average Physical Therapists Salary in Southwest Colorado nonmetropolitan area

Physical Therapists in the Southwest Colorado nonmetropolitan area earn an average annual salary of $95,220. This figure is notably below the national average of $102,240, a difference often attributed to the unique economic landscape and demand dynamics present in more rural or less densely populated regions. Factors such as local healthcare infrastructure and the specific needs of the community can influence compensation levels.

Executive Summary

  • Average Salary: $95,220 per year.
  • Growth Trend: Salaries have shifted 17.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,550.
  • Outlook: The job market for Physical Therapists in the Southwest Colorado nonmetropolitan area appears robust, indicated by a Location Quotient of 1.73. This suggests a concentration of these professionals significantly higher than the national average, implying strong local demand relative to the national landscape. With a total local workforce of 300, this concentration points to a specialized and potentially growing need for physical therapy services within the region.
2024 Market Data

Salary Overview

$95,220

The average Physical Therapists in Southwest Colorado nonmetropolitan area earns-6.9%below the national average.

BreakdownBased on 40h/week
Hourly

$45.8

Weekly

$1,831

Monthly

$7,935

Physical Therapists Salary Distribution in Southwest Colorado nonmetropolitan area

The career path for Physical Therapists typically involves salary increases with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect significantly higher earnings. The percentile gaps in salary data, though not explicitly detailed here, generally signify the progression from junior to senior roles, reflecting accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$61,510$29.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$71,415$34.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$95,640$46
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$119,025$57.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$124,550$59.9

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$95,220

Gross Pay

Real Wage (Purchasing Power)

$95,220

Adjusted for COL (100)

The nominal average annual salary for Physical Therapists in Southwest Colorado is $95,220. This aligns perfectly with the national average Cost of Living Index of 100, meaning that the purchasing power of this salary is comparable to the national average. Therefore, the salary offers a standard of living equivalent to what one might expect across the United States, without the premium often associated with high-cost metropolitan areas.

Job Market Context

300

Total Jobs

2.793

Per 1K Jobs

1.73

Location Quotient

Major Hub

Southwest Colorado nonmetropolitan area has 1.7x the national concentration of Physical Therapists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.73 for Physical Therapists in the Southwest Colorado nonmetropolitan area indicates a substantial concentration of these professionals compared to the national average. This suggests that the demand for physical therapy services in this region is relatively high, or that the supply of professionals is more limited than in other areas. This elevated quotient points to a potentially favorable market for job seekers in this field.

Nearby Job Markets

Nearby Cities for Physical Therapists

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Physical Therapistss?

Frequently Asked Questions

How much does a Physical Therapists make in Southwest Colorado nonmetropolitan area?

The median annual salary for a Physical Therapists in Southwest Colorado nonmetropolitan area is $95,220. This typically ranges from $61,510 for entry-level positions to $124,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Colorado nonmetropolitan area is 6.9% lower than the national median of $102,240.

Is Southwest Colorado nonmetropolitan area a lucrative place for Physical Therapists?

Yes, with caveats.While the average salary of $95,220 is below the national average, the cost of living is also at the national average, making the effective purchasing power comparable. The high location quotient suggests strong local demand for the profession.

Is Southwest Colorado nonmetropolitan area a good place to live for Physical Therapists?

The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($97,550) and Denver-Aurora-Centennial, CO.

How does the Southwest Colorado salary compare to the national average?

The average annual salary for Physical Therapists in Southwest Colorado is $95,220, which is approximately $7,020 less than the national average of $102,240.

What is the significance of the Location Quotient (LQ) in Southwest Colorado?

An LQ of 1.73 means that Physical Therapists are employed in Southwest Colorado at a rate 73% higher than the national average, indicating a strong concentration and demand for the profession in the region.

How does the cost of living affect the Physical Therapist salary in this area?

With a Cost of Living Index of 100 (matching the national average), the $95,220 salary in Southwest Colorado offers purchasing power equivalent to the national average, making it relatively stable despite being below the national salary benchmark.

What does the total local workforce size suggest about the Physical Therapist job market?

A total local workforce of 300 Physical Therapists, combined with a high LQ, suggests a specialized and potentially competitive market where demand may outstrip supply, offering good opportunities for skilled professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Southwest Colorado nonmetropolitan area area with a job density of 2.793 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.