Average Physical Therapists Salary in Waco, TX
Physical Therapists in Waco, TX, command an impressive average annual salary of $106,820, slightly exceeding the national average of $102,240. This competitive compensation reflects the specific demands and healthcare needs within the Waco region, influenced by factors such as local healthcare infrastructure and patient demographics.
Executive Summary
- Average Salary: $106,820 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,460.
- Outlook: With a local workforce of 200 Physical Therapists and a Location Quotient of 0.95, Waco presents a stable, albeit slightly below national average concentration, job market for these professionals. The figure of 1.535 jobs per 1,000 workers indicates a consistent, steady demand for physical therapy services within the community, suggesting a robust employment landscape for skilled practitioners.
Salary Overview
The average Physical Therapists in Waco, TX earns+4.5%above the national average.
$51.4
$2,054
$8,902
Physical Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Physical Therapist salaries in Waco, TX, have experienced steady growth over the past four years, mirroring national trends. Economic factors, increasing healthcare needs, and advancements in physical therapy techniques likely contribute to a positive salary trajectory for professionals in this field.
Physical Therapists Salary Distribution in Waco, TX
Salary progression for Physical Therapists in Waco, TX, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $78,270 | $37.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $80,115 | $38.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $107,500 | $51.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $133,525 | $64.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $132,460 | $63.7 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$106,820
Gross Pay
Real Wage (Purchasing Power)
$106,820
Adjusted for COL (100)
The average annual salary of $106,820 in Waco, TX, is particularly attractive given the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Physical Therapist's salary in Waco is equivalent to the national standard, allowing for a comfortable lifestyle without the financial strain often associated with higher cost-of-living areas.
Job Market Context
200
Total Jobs
1.535
Per 1K Jobs
0.95
Location Quotient
Waco, TX has 0.95x 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 0.95 suggests that Waco, TX, has a physical therapist workforce that is nearly on par with the national average in terms of concentration. While not significantly over-represented, this indicates a healthy and balanced market where demand is met by a comparable supply of professionals, making it a competitive yet accessible environment for new entrants and established therapists alike.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Physical Therapists Salary | $106,610↓ 0% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Physical Therapists Salary | $109,270↑ 2% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Physical Therapists Salary | $108,380↑ 1% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Physical Therapists Salary | $107,540↑ 1% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Physical Therapists Salary | $109,400↑ 2% | 41 mi |
Comparing salaries near Waco, TX
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Waco, TX?
The median annual salary for a Physical Therapists in Waco, TX is $106,820. This typically ranges from $78,270 for entry-level positions to $132,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 4.5% higher than the national median of $102,240.
Is Waco, TX a lucrative place for Physical Therapists?
Yes, Waco, TX offers a lucrative environment for Physical Therapists.The average salary of $106,820 is higher than the national average, and the cost of living is exactly at the national average, providing strong purchasing power.
Is Waco, TX a good place to live for Physical Therapists?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($106,610) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Physical Therapist salary compare to the national average?
Physical Therapists in Waco, TX earn an average of $106,820 annually, which is slightly above the national average of $102,240.
What is the concentration of Physical Therapists in Waco, TX?
Waco, TX has a Location Quotient of 0.95 for Physical Therapists, indicating a concentration that is very close to the national average.
Does the cost of living in Waco affect the value of a Physical Therapist's salary?
No, the cost of living in Waco is exactly at the national average (100), meaning the $106,820 salary offers purchasing power equivalent to the national median.
What does the job market look like for Physical Therapists in Waco?
The market is stable with a local workforce of 200 and 1.535 jobs per 1,000 workers, suggesting consistent demand for physical therapy services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Waco, TX area with a job density of 1.535 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 Waco, TX