SOC 29-1123 · National · May 2024 OEWS Data
The national median salary for Physical Therapists is $101,026 per year ($48.57/hr) according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2024. The middle 50% of earners make between $83,470 and $117,187 annually. Top earners at the 90th percentile reach $132,496 per year. There are approximately 248,630 physical therapists employed in the United States.
| Percentile | Hourly Rate | Annual Salary |
|---|---|---|
| P10 | $35.78 | $74,422 |
| P25 | $40.13 | $83,470 |
| P50MEDIAN | $48.57 | $101,026 |
| P75 | $56.34 | $117,187 |
| P90 | $63.70 | $132,496 |
Health Care openings declined 78K and hiring fell 103K in February, but the sector remains the hottest talent market. Openings rate still leads all sectors. Compensation pressure continues, though moderating from 2025 peaks.
The national median salary for Physical Therapists is $101,026 per year ($48.57/hr) according to BLS OEWS May 2024 data. The middle 50% earn between $83,470 and $117,187 annually.
The 90th percentile salary for Physical Therapists is $132,496 per year ($63.70/hr). The 75th percentile is $117,187 per year.
Entry-level Physical Therapists (10th percentile) earn approximately $74,422 per year ($35.78/hr). The 25th percentile is $83,470 per year.
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