What does a doctor of physical therapy make? The demand for physical therapists has been steadily increasing in recent years, making it a lucrative career choice. As a doctor of physical therapy (DPT), one can expect to earn a competitive salary that reflects the specialized skills and knowledge required in this field.
The average salary for a doctor of physical therapy in the United States is around $84,000 per year, according to the U.S. Bureau of Labor Statistics. However, this figure can vary significantly based on several factors, including the region, the individual’s experience, and the specific area of practice.
Geographical location plays a significant role in determining a physical therapist’s salary. In general, the highest-paying states for physical therapists are California, New York, and Hawaii, where the demand for services is higher and the cost of living is also higher. On the other hand, states like Oklahoma, Mississippi, and South Dakota tend to offer lower salaries due to lower demand and cost of living.
Experience is another crucial factor in determining a DPT’s salary. With more years of experience, a physical therapist can expect to earn a higher salary. According to the American Physical Therapy Association (APTA), the average salary for a physical therapist with 10-19 years of experience is approximately $91,000 per year, while those with 20 or more years of experience can earn up to $95,000 or more.
Specialization is also a key factor in earning potential. Physical therapists who have obtained advanced certifications or specialize in areas such as orthopedics, pediatrics, geriatrics, or sports medicine may command higher salaries. For example, a sports physical therapist may earn an average of $92,000 per year, while a pediatric physical therapist can earn around $89,000 annually.
Additionally, the employment setting can impact a physical therapist’s salary. Those who work in hospitals, private practices, or outpatient clinics tend to earn higher salaries compared to those who work in schools or home health care settings. According to the APTA, the average salary for a physical therapist in a hospital setting is approximately $90,000 per year, while those in private practice can earn up to $96,000 or more.
Finally, the demand for physical therapy services is expected to grow by 18% from 2019 to 2029, much faster than the average for all occupations, according to the U.S. Bureau of Labor Statistics. This growth is attributed to an aging population, an increase in sports-related injuries, and a growing awareness of the benefits of physical therapy in treating chronic conditions. As a result, the earning potential for doctors of physical therapy is expected to remain strong in the coming years.
In conclusion, a doctor of physical therapy can expect to earn a competitive salary that reflects the specialized skills and knowledge required in this field. By considering factors such as geographical location, experience, specialization, and employment setting, a DPT can maximize their earning potential and contribute to the growing demand for physical therapy services.