Salary Range of Physical Therapists: Fact vs. Fiction

Physical therapy is a rewarding career with plenty of job opportunities, but one question on everyone’s mind is how much do physical therapists make? In this article, we will explore the salary range of physical therapists and separate fact from fiction.

According to the United States Bureau of Labor Statistics (BLS), the median annual wage for physical therapists is $93,480 as of May 2020. However, salaries can vary depending on factors such as location, experience, specialty, and employer type.

For example, physical therapists working in hospitals may earn higher salaries than those working in private practice settings. Additionally, physical therapists with more experience or specialized training in a particular area may command higher salaries.

It’s important to note that the BLS median wage only represents the middle value of the salary range. Physical therapists can earn significantly more or less than this amount depending on their individual circumstances. For instance, physical therapists who work in urban areas with high cost of living may have a higher salary due to the demand for their services.

One case study that illustrates the wide range of salaries in physical therapy is Sarah, who has been working as a physical therapist for over 10 years. She started her career earning $75,000 per year but now earns $120,000 annually, thanks to her specialized training in sports medicine and her reputation as an expert in the field.

Another factor that can impact a physical therapist’s salary is their level of education. Physical therapists with advanced degrees such as Doctor of Physical Therapy (DPT) or Master of Science in Physical Therapy (MSPT) may have the potential to earn higher salaries due to their additional training and expertise.

In conclusion, while the median annual wage for physical therapists is $93,480, salaries can vary widely depending on factors such as location, experience, specialty, employer type, and level of education. Physical therapists who are passionate about their work and willing to invest in their education may have the potential to earn significantly more than this average wage.

FAQs:

1. How much do physical therapists make per year?
   The median annual wage for physical therapists is $93,480 as of May 2020. However, salaries can vary widely depending on factors such as location, experience, specialty, employer type, and level of education.
2. Do physical therapists work in hospitals or private practice settings?
   Physical therapists can work in both hospitals and private practice settings, but they may earn higher salaries working in hospitals due to the high demand for their services in this setting.
3. How much more do physical therapists with advanced degrees earn compared to those without?
   Physical therapists with advanced degrees such as DPT or MSPT may have the potential to earn higher salaries due to their additional training and expertise.
4. Are there any downsides to being a physical therapist?
   As with any career, there are potential downsides to being a physical therapist. These can include long hours, physical demands on the job, and the responsibility of dealing with patients’ pain and discomfort. However, many physical therapists find their work rewarding and fulfilling.