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Average Physical Therapists Salary in Traverse City, MI

Physical Therapists in Traverse City, MI, can expect an average annual salary of $90,600. This figure is notably below the national average of $102,240, suggesting that local market dynamics and potentially a different cost structure influence compensation in this Michigan city. While the nominal salary is lower, understanding the local economic landscape is key to evaluating its true value.

Executive Summary

  • Average Salary: $90,600 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,920.
  • Outlook: Traverse City presents a concentrated market for Physical Therapists, with a local workforce of 210 professionals. The jobs per 1,000 workers metric indicates a steady presence of these roles within the broader employment ecosystem. This suggests a stable, albeit not rapidly expanding, demand for physical therapy services within the community.
2024 Market Data

Salary Overview

$90,600

The average Physical Therapists in Traverse City, MI earns-11.4%below the national average.

BreakdownBased on 40h/week
Hourly

$43.6

Weekly

$1,742

Monthly

$7,550

Physical Therapists Salary Distribution in Traverse City, MI

Career progression for Physical Therapists in Traverse City, as elsewhere, is typically marked by increasing earning potential. Entry-level practitioners may start at a lower percentile of the salary range, while those with extensive experience, specialized skills, or supervisory roles can command salaries significantly higher than the average. The gap between entry-level and senior positions signifies substantial opportunities for career and financial advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$76,710$36.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$67,950$32.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$84,930$40.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$113,250$54.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$107,920$51.9

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$90,600

Gross Pay

Real Wage (Purchasing Power)

$90,600

Adjusted for COL (100)

The average annual salary of $90,600 in Traverse City aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Physical Therapist's salary in Traverse City is equivalent to the national average, offering a stable financial footing without the immediate pressure of high living expenses.

Job Market Context

210

Total Jobs

3.169

Per 1K Jobs

1.97

Location Quotient

Major Hub

Traverse City, MI has 2.0x 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.

With a Location Quotient of 1.97, Traverse City exhibits a significantly higher concentration of Physical Therapists compared to the national average. This indicates a robust and specialized job market for these professionals, suggesting that employers may actively seek out qualified candidates, potentially leading to competitive hiring environments for skilled individuals.

Nearby Job Markets

Hiring Physical Therapistss?

Frequently Asked Questions

How much does a Physical Therapists make in Traverse City, MI?

The median annual salary for a Physical Therapists in Traverse City, MI is $90,600. This typically ranges from $76,710 for entry-level positions to $107,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Traverse City, MI is 11.4% lower than the national median of $102,240.

Is Traverse City, MI a lucrative place for Physical Therapists?

Yes, with caveats.While the average salary of $90,600 is below the national average, the strong concentration of Physical Therapists (LQ 1.97) and a cost of living at the national average (100) create a balanced financial environment for professionals in the field.

Is Traverse City, MI a good place to live for Physical Therapists?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

How does the Traverse City Physical Therapist salary compare to the national average?

The average annual salary for Physical Therapists in Traverse City, MI, is $90,600, which is approximately 11.4% lower than the national average of $102,240.

What is the cost of living in Traverse City, MI for Physical Therapists?

Traverse City's cost of living index is 100, which is exactly the national average. This means that the purchasing power of a Physical Therapist's salary in Traverse City is comparable to the national average.

Is there high demand for Physical Therapists in Traverse City, MI?

The Location Quotient of 1.97 suggests a high concentration of Physical Therapists relative to the national average, indicating a strong presence and potentially competitive market for these professionals in Traverse City.

How many Physical Therapists are there in Traverse City, MI?

The total local workforce for Physical Therapists in Traverse City, MI, is approximately 210 individuals.

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 Traverse City, MI area with a job density of 3.169 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physical Therapists • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI