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As of August 01, 2026, the average salary for a Physical Therapist in New Mexico is $96,411 per year, which breaks down to an hourly rate of $46.
However, a Physical Therapist's salary can vary significantly. Here’s a look at the typical salary range:
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Physical Therapist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $105,764 | $8,814 | $2,034 | $51 |
| Average | $96,411 | $8,034 | $1,854 | $46 |
| 25th Percentile | $87,390 | $7,283 | $1,681 | $42 |
SkyBridge Resources - Albuquerque, NM
Converdia Health - Silver City, NM
Converdia Health - Los Alamos, NM
Converdia Health - Farmington, NM
A Physical Therapist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Physical Therapist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Physical ... Level Physical Therapist | $82,090 |
| Physical ... Level Physical Therapist | $95,724 |
| Physical ... Level Physical Therapist | $110,470 |
| Physical ... Level Physical Therapist | $96,657 |
| Physical ... Level Physical Therapist | $114,092 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Physical Therapists. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Physical Therapist roles, the industry you choose can impact your earning potential by as much as 10% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 5% above the average. Conversely, Physical Therapist positions in Business Services typically offer lower base pay, as this sector often view Physical Therapist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $101,231 | $49.0 | 5% |
Understanding how a Physical Therapist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $105,764 | $8,814 | $2,034 | $51 |
| Average | $96,411 | $8,034 | $1,854 | $46 |
| 25th Percentile | $87,390 | $7,283 | $1,681 | $42 |
Ready to take the next step in your career? Browse thousands of current Physical Therapist job openings on our job board. Use the search bar below to find your perfect match.
Converdia Health
Las Cruces, NM
Converdia Health | Las Cruces, NM
Physical Therapist. ConVerdia Health Staffing assists RNs, LPNs, CNAs, Allied Healthcare professionals, Therapists, Physicians, and more. Work one on one w... more
3 Days Ago
Converdia Health
Taos, NM
Converdia Health | Taos, NM
Physical Therapist. ConVerdia Health Staffing assists RNs, LPNs, CNAs, Allied Healthcare professionals, Therapists, Physicians, and more. Work one on one w... more
5 Days Ago
University of New Mexico - Hospitals
Santa Fe, NM
University of New Mexico - Hospitals | Santa Fe, NM
Sign-On Bonus AvailableRelocation Assistance AvailableReceive 17% Weekday Nights, 26% Weekend Nights and 15% Weekend Day shift differentialsMinimum Offer$ ... more
1 Day Ago
Anytime Fitness Roswell
Roswell, NM
Anytime Fitness Roswell | Roswell, NM
Physical Therapist - Independent Contractor / Performance Rehab OpportunityAnytime Fitness - Roswell, New MexicoPosition Overview Anytime Fitness Roswell i... more
1 Day Ago
Ladgov Corporation
Albuquerque, NM
Ladgov Corporation | Albuquerque, NM
Physical Therapist. The Physical Therapist (PT) will provide direct therapy and evaluation services to students in accordance with IDEA, Section 504, and 2... more
1 Day Ago
Community Homecare
Clovis, NM
Community Homecare | Clovis, NM
Job Description. Job Description. We are seeking a dedicated Physical Therapist to join our small, close-knit team of 1-3 therapists. Reporting directly to... more
2 Days Ago
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