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Average Physical Therapists Salary in Winston-Salem, NC

Physical Therapists in Winston-Salem, NC, earn an average annual salary of $98,810, which is slightly below the national average of $102,240. This localized pay rate reflects the specific economic conditions and demand dynamics within the Winston-Salem metropolitan area. Factors such as the local cost of living and the concentration of healthcare facilities play a significant role in shaping compensation for these essential healthcare professionals.

Executive Summary

  • Average Salary: $98,810 per year.
  • Growth Trend: Salaries have shifted 0.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,460.
  • Outlook: The physical therapy job market in Winston-Salem, NC, is moderately concentrated, with a Location Quotient of 0.93, indicating a presence close to the national average. The total local workforce of 410 physical therapists suggests a stable, albeit not exceptionally large, demand for these professionals. With 1.497 jobs per 1,000 workers, the market demonstrates a consistent need for skilled physical therapists within the community.
2024 Market Data

Salary Overview

$98,810

The average Physical Therapists in Winston-Salem, NC earns-3.4%below the national average.

BreakdownBased on 40h/week
Hourly

$47.5

Weekly

$1,900

Monthly

$8,234

Physical Therapists Salary Distribution in Winston-Salem, NC

Career progression for Physical Therapists in Winston-Salem is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile of the salary range, while experienced professionals with specialized skills or in leadership roles can command salaries significantly higher than the average. The salary distribution, with distinct percentile gaps, clearly signifies the career trajectory and the financial rewards associated with gaining experience and expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$70,530$33.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$74,108$35.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$97,840$47
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$123,513$59.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$123,460$59.4

Detailed Physical Therapists Market Analysis

Relocation Context

Nominal Salary

$98,810

Gross Pay

Real Wage (Purchasing Power)

$98,810

Adjusted for COL (100)

The average annual salary of $98,810 for Physical Therapists in Winston-Salem, NC, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Physical Therapist's salary in Winston-Salem is comparable to that of someone earning the national average salary in a location with average living expenses. Therefore, the nominal salary effectively translates to a standard of living that is neither significantly enhanced nor diminished by local economic conditions.

Job Market Context

410

Total Jobs

1.497

Per 1K Jobs

0.93

Location Quotient

Below Average

Winston-Salem, NC has 0.93x 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.

With a Location Quotient of 0.93, Winston-Salem's market for Physical Therapists is nearly on par with the national average in terms of concentration. This suggests a balanced job market where the supply of physical therapists closely matches the demand. While not an exceptionally high concentration, it indicates a healthy and stable employment landscape for the profession, without significant oversupply or undersupply.

Nearby Job Markets

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Frequently Asked Questions

How much does a Physical Therapists make in Winston-Salem, NC?

The median annual salary for a Physical Therapists in Winston-Salem, NC is $98,810. This typically ranges from $70,530 for entry-level positions to $123,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Winston-Salem, NC is 3.4% lower than the national median of $102,240.

Is Winston-Salem, NC a lucrative place for Physical Therapists?

Yes, it offers a competitive salary with an average cost of living.Physical Therapists in Winston-Salem earn $98,810 annually, which is close to the national average, while the cost of living is exactly at the national average. This balance provides a stable financial standing for professionals in the area.

Is Winston-Salem, NC a good place to live for Physical Therapists?

The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Winston-Salem, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($92,030) and Eastern North Carolina nonmetropolitan area.

How does Winston-Salem's Physical Therapist salary compare to the national average?

Physical Therapists in Winston-Salem earn an average of $98,810 per year, which is slightly lower than the national average of $102,240.

What is the job concentration for Physical Therapists in Winston-Salem?

The job concentration, measured by the Location Quotient, is 0.93, indicating that the presence of Physical Therapists in Winston-Salem is very close to the national average.

How does the cost of living in Winston-Salem affect a Physical Therapist's salary?

Winston-Salem has a Cost of Living Index of 100, which is the national average. This means the $98,810 salary offers a purchasing power equivalent to the national average, making it a stable financial environment.

What is the total number of Physical Therapists employed in Winston-Salem?

There are approximately 410 Physical Therapists employed in Winston-Salem, NC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Winston-Salem, NC area with a job density of 1.497 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.