What’s the Average Salary of a Physical Therapist?
The demand for physical therapists has been on the rise in recent years, as more people are seeking rehabilitation services to improve their physical well-being. One of the most common questions asked by individuals considering a career in this field is, “What’s the average salary of a physical therapist?” Understanding the average salary can help aspiring therapists make informed decisions about their career paths.
Factors Influencing Physical Therapist Salaries
The average salary of a physical therapist can vary significantly based on several factors. These include the therapist’s level of education, experience, geographic location, and the type of employer. According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for physical therapists was $88,080 as of May 2020.
Education and Experience
Education plays a crucial role in determining a physical therapist’s salary. Most physical therapists hold a Doctor of Physical Therapy (DPT) degree, which typically requires three to four years of postgraduate education. Therapists with higher levels of education, such as a Ph.D. or a dual degree, may command higher salaries.
Experience is another significant factor. Physical therapists with more years of experience tend to earn higher salaries. According to PayScale, the average salary for a physical therapist with less than one year of experience is around $65,000, while those with 20 or more years of experience can earn upwards of $100,000.
Geographic Location
The geographic location of a physical therapist’s practice also affects their salary. The BLS reports that physical therapists in states with higher costs of living, such as California, New York, and Massachusetts, tend to earn higher salaries. For example, the median annual wage for physical therapists in California was $99,960 in May 2020, compared to $81,920 in the South Atlantic region.
Type of Employer
The type of employer can also impact a physical therapist’s salary. According to the BLS, the highest earning industries for physical therapists were in the offices of other health practitioners, general medical and surgical hospitals, and outpatient care centers. Physical therapists working in these settings can expect to earn higher salaries compared to those working in schools or home health care services.
Conclusion
In conclusion, the average salary of a physical therapist can vary based on several factors, including education, experience, geographic location, and the type of employer. While the median annual wage for physical therapists was $88,080 as of May 2020, it’s essential to consider the individual factors that may affect one’s salary. Aspiring therapists should research these factors to make informed decisions about their careers and strive to enhance their qualifications and experience to maximize their earning potential.
