APTA Income Report

PT Salaries Are Losing to Inflation

APTA's December 2025 report found that PT incomes have not kept pace with inflation since 2016. That matters because PTs carry a long training path and a large debt burden, yet the real value of salary gains keeps shrinking. [3]

Calculate PT Raise
BenchmarkSalarySource
BLS National Median (2024)$101,020/yrBLS OOH
BLS P90 (Top 10%)$130,870/yrBLS OEWS 2023
Home Health Setting$116,500/yrBLS OEWS 2023
Outpatient Care Centers$123,900/yrBLS OEWS 2023
Highest State (CA)$114,270/yrTwofold/BLS 2025
Lowest State (LA)$65,500/yrTwofold/BLS 2025
Real wage gap: if PT salaries had tracked inflation since 2016, the median would be roughly $115,000-$120,000 today. The actual median sits $14,000-$19,000/year below that range.

Sources: BLS OOH Physical Therapists; BLS OEWS May 2023, SOC 29-1123; PT salary guide 2025; APTA Incomes in the Profession, 2025.

Physical Therapist Raise Calculator

Physical Therapist Raise Calculator

The BLS median is $101,020, but APTA warns PT salaries have not kept pace with inflation since 2016. Compare settings, quantify certification premium, and see whether your salary is really moving forward.

Data timing

Salary data: BLS OOH May 2024; BLS OEWS May 2023; APTA December 2025

A 5% raise on $88,000 becomes $92,400, but inflation still matters.
Home Health averages $116,500; California averages $114,270.

PT Salary Percentiles

Physical Therapist Salary Percentiles - National Benchmarks

The 2024 BLS median is $101,020/year, or $48.50/hr. BLS percentile detail still shows a meaningful gap between the 25th percentile and the top quarter of earners. [0] [1]

See full healthcare salary benchmarks
PercentileAnnual SalaryHourlyCareer Stage
10th$72,260/yr$34.74/hrEntry, low-demand area
25th$81,970/yr$39.41/hrEarly career
50th (Median)$101,020/yr$48.50/hrNational median (2024)
75th$113,630/yr$54.63/hrExperienced, specialty cert.
90th$130,870/yr$62.92/hrTop earners, high-demand settings
Setting premium: Home Health averages $116,500 and Outpatient Care Centers average $123,900.
Inflation gap: at 3.8% CPI, a PT earning $101,020 needs about $3,839 just to break even in one year.
Physical Therapist Raise Calculator

Calculate your PT raise, setting gap, or real wage loss

PT pay needs two checks: market salary and inflation-adjusted purchasing power.

Your PT Raise Results

Current Salary$88,000/year
New Salary$92,400/year (+$4,400)
Raise+5.0%

Take-Home Impact (Florida, Single)

Current take-home$5,867/month
New take-home$6,147/month
Monthly gain+$280/month
Annual gain+$3,360/year
Tax drag~24%

Salary Percentile

New
P10P25P50P75P90
Current $88,000~30th percentile
New $92,400~37th percentile
BLS Median$101,020 Still below
Setting avg (Outpatient Clinic)$92,620 Near avg
FL state avg$68,400 Above

Gap to BLS median: -$8,620/year. Gap to P75: -$21,230/year.

Real Wage Check (APTA Inflation Warning)

Your raise+5.0%
CPI (Apr 2026)3.8%
Real raise+1.2% (+$1,056/year)

Your raise beats inflation by 1.2%. APTA warns PT salaries have lost ground to inflation since 2016.

Below National Median

Your salary of $92,400 is below the BLS median of $101,020. Your setting average is $92,620. A setting change can close part of the gap; Home Health averages $116,500.

Setting Premium

Physical Therapist Salary by Setting - 2023 BLS Data

Setting usually matters more than years of experience. Outpatient care centers and home health lead the market, while outpatient PT offices sit at the low end.

SettingAnnual MeanHourly Meanvs. Median
Outpatient Care Centers$123,900$59.57/hr+$22,880
Home Health Care$116,500$56.01/hr+$15,480
General Medical & Surgical Hospitals$104,520$50.25/hr+$3,500
SNF / Nursing Care Facilities$101,200$48.65/hr+$180
Offices of Physicians$95,730$46.03/hr-$5,290
Outpatient PT Offices$92,620$44.53/hr-$8,400
National Median$101,020$48.50/hr-
Market signal: outpatient care centers top the BLS setting table at $123,900/year. Home health follows at $116,500/year.
Negotiation use: if your current offer sits in outpatient PT offices, you have room to ask for a setting adjustment or a move into a higher-paying care model.
State Pay Table

Physical Therapist Salary by State - 2025

State variation is large enough to change career math. California sits far above Louisiana, and Texas stays above the national median.

StateAvg Annual Salaryvs. National MedianNotes
California$114,270+$13,250Highest
Nevada$111,460+$10,440-
Alaska$110,830+$9,810-
New Jersey$109,280+$8,260-
Texas$106,960+$5,940-
National Median$101,020-BLS 2024
Pennsylvania$96,000-$5,020~BLS/OEWS estimate
Ohio$90,000-$11,020~BLS/OEWS estimate
Mississippi$78,500-$22,520-
North Dakota$71,600-$29,420-
Georgia$66,800-$34,220-
Louisiana$65,500-$35,520Lowest
State gap: California pays $114,270/year, while Louisiana averages $65,500/year. That is a $48,770 gap before cost-of-living adjustment. [2]
Experience & Credentials

PT Salary by Experience and Specialty Certification

Years of practice help, but setting and certification often move pay faster. The early-career row is highlighted by default because the calculator starts at 3-5 years.

Experience LevelTypical Salary RangeNotes
New Grad (0-2 yr)$67,000-$75,000APTA / PTProgress starting range
Early Career (2-5 yr)$75,000-$88,000Building caseload
Mid-Career (5-10 yr)$88,000-$101,000Approaching BLS median
Experienced (10-15 yr)$101,000-$115,000Median-to-P75 range
Senior (15-20 yr)$115,000-$125,000Supervisory roles
Expert / Leadership (20+ yr)$125,000-$135,000+Director / clinic owner

Certification

OCS

Orthopedic Certified Specialist

Most common cert

+$8,000-$15,000

Certification

SCS

Sports Certified Specialist

Sports medicine settings

+$8,000-$12,000

Certification

NCS

Neurologic Certified Specialist

Hospital/rehab settings

+$7,000-$12,000

Certification

GCS

Geriatric Certified Specialist

SNF/home health

+$5,000-$10,000

Certification

CCS

Cardiovascular & Pulmonary CS

Hospital/ICU

+$6,000-$11,000

Certification

ECS

Clinical Electrophysiology CS

Specialty hospitals

+$7,000-$12,000

Certification

WCS

Women's Health CS

OB/GYN, pelvic floor

+$5,000-$9,000

Certification

-

Fellowship (any specialty)

APTA confirmed premium

+$10,000-$20,000

Historical Trend

Physical Therapist Median Salary Growth - 2020 to 2025

This chart compares salary growth against cumulative CPI. The slope tells the story: the profession has not fully recovered real purchasing power.

8997104112119127202020212022202320242025PT MedianCPI Index (normalized)Real Wage Decline2021-2024 real change remains negative.
YearPT MedianYoY ChangeCPI ChangeReal Change
2020$91,010+1.2%
2021$95,620+5.1%+7.0%-1.9%
2022$97,800+2.3%+6.5%-4.2%
2023$99,710+1.9%+3.4%-1.5%
2024$101,020+1.3%+2.9%-1.6%
2025$102,500+1.5% (proj.)+2.7%-1.2% (proj.)
Cumulative impact: a PT earning $91,010 in 2020 would need about $113,400 in 2026 to preserve the same buying power.
Current median gap: the 2024 median of $101,020 still falls roughly $12,380 short.
Negotiation Guide

How to Negotiate a Raise as a Physical Therapist

Lead with inflation, anchor to your setting, price your certification, and present a setting change if your current employer won't move.

1

Lead with the inflation gap

Use APTA's income report first: PT salaries have not kept pace with inflation since 2016. Ask to move at least to the BLS median.

2

Anchor to your setting

Compare your salary with the BLS mean for your work setting. Setting often moves pay more than years of experience.

3

Price your certification

If you hold OCS, NCS, SCS, or another board credential, connect it to an $8K-$15K market premium.

4

Use the growth projection

BLS projects 14% PT employment growth through 2033. Replacing an experienced PT is expensive and slow.

5

Present the setting alternative

Use Home Health or Outpatient Care Center benchmarks as a documented alternative, then ask for a specific number.

FAQ

Frequently Asked Questions

These answers keep the benchmark hierarchy clear: BLS first, then setting and state, then APTA's inflation warning.

What is the average physical therapist salary in 2026?

The BLS reports a May 2024 median annual wage of $101,020, or $48.50/hour, for physical therapists [0]. BLS OEWS 2023 shows a mean of $100,440, and 2025 projections place the median near $102,500 [1] [2].

Which PT setting pays the most?

BLS OEWS 2023 shows Outpatient Care Centers at $123,900/year, Home Health Care Services at $116,500/year, General Hospitals at $104,520/year, SNF/Nursing Facilities at $101,200/year, and outpatient PT offices at $92,620/year [1].

Are PT salaries keeping up with inflation?

No. APTA's December 2025 income report states that PT incomes have not kept pace with inflation since 2016 [3]. BLS-based history shows negative real wage growth from 2021 through 2024 [0] [2].

Does PT specialty certification increase salary?

Yes. APTA reports that board specialist certification, fellowship completion, and additional graduate degrees are positively associated with PT income [3]. Estimated premiums include OCS +$8,000-$15,000, NCS +$7,000-$12,000, SCS +$8,000-$12,000, and fellowship +$10,000-$20,000.

What is the job outlook for physical therapists?

BLS projects 14% employment growth for physical therapists from 2023 to 2033, much faster than the national average, with roughly 15,000 or more openings projected annually [0].

How much do physical therapists earn in California vs. Louisiana?

The highest and lowest state benchmarks show a large spread: California averages $114,270/year, while Louisiana averages $65,500/year. That is a $48,770 annual gap [2].

Do physical therapists earn more in hospitals or outpatient clinics?

Hospitals pay more than outpatient PT offices but less than Outpatient Care Centers. BLS OEWS 2023 reports $104,520/year for General Hospitals, $92,620/year for outpatient PT offices, and $123,900/year for Outpatient Care Centers [1].

Related Tools

Related Tools

Move from PT-specific market math into the broader salary, tax, and cost-of-living tools.

Sources

Data Sources

Salary data: BLS OOH May 2024; BLS OEWS May 2023; APTA December 2025.

[0] BLS Occupational Outlook Handbook: Physical Therapists

May 2024 median $101,020/year = $48.50/hr; 14% employment growth through 2033; about 240,000 jobs; DPT required.

[1] BLS OEWS May 2023, SOC 29-1123 Physical Therapists

Percentiles: P10 $72,260; P25 $81,970; P50 $99,710; P75 $113,630; P90 $130,870; mean $100,440; setting data for outpatient care centers, home health, hospitals, SNF, and outpatient offices.

[2] PT salary guide 2025

State salary benchmarks: CA $114,270; NV $111,460; AK $110,830; NJ $109,280; TX $106,960; LA $65,500; historical trend 2020-2025.

[3] APTA Incomes in the Profession, 2025

PT salaries have not kept pace with inflation since 2016; certification and setting affect income; hospitals and inpatient rehab pay more; women see wider gaps later in career.