How Much Does a Physical Therapist Make a Month?
The question “how much does a physical therapist make a month?” is one that often crosses the minds of individuals considering a career in this field. Physical therapists play a crucial role in helping patients recover from injuries, manage chronic conditions, and improve their overall quality of life. However, the salary of a physical therapist can vary widely depending on several factors, including experience, location, and the type of practice.
Experience and Education
One of the primary factors influencing a physical therapist’s monthly income is their level of experience and education. According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for physical therapists was $85,880 in May 2020. This translates to approximately $7,153 per month. However, those with more experience, such as those who have been in the field for over 10 years, can earn significantly more. In fact, the highest 10% of physical therapists earned more than $128,930 per year, which is about $10,775 per month.
Location
The region in which a physical therapist practices also plays a significant role in determining their monthly income. According to the BLS, the highest-paying states for physical therapists in 2020 were California, New York, and Massachusetts. In these states, the median annual wage for physical therapists was $93,940, $92,440, and $92,190, respectively. This translates to monthly salaries of around $7,832, $7,737, and $7,715, respectively. Conversely, the lowest-paying states for physical therapists were Mississippi, Arkansas, and Louisiana, with median annual wages of $70,820, $70,540, and $70,490, respectively, resulting in monthly salaries of approximately $5,907, $5,909, and $5,837, respectively.
Type of Practice
The type of practice in which a physical therapist works can also affect their monthly income. For example, physical therapists employed by hospitals or residential care facilities tend to earn higher salaries than those working in private practices or clinics. According to the BLS, the median annual wage for physical therapists employed by hospitals was $89,940 in 2020, while those working in private practices earned a median annual wage of $84,490. This translates to monthly salaries of around $7,516 and $7,037, respectively.
Conclusion
In conclusion, the monthly income of a physical therapist can vary significantly based on factors such as experience, location, and the type of practice. While the median annual wage for physical therapists was $85,880 in 2020, this can translate to a monthly salary of approximately $7,153. However, with more experience and the right location, a physical therapist can earn well over $10,000 per month. As the demand for physical therapists continues to grow, so too does the potential for higher salaries and career advancement.
