verified BLS-Verified Source: U.S. Bureau of Labor Statistics (BLS) May 2025 release

Physical Therapist Salary in New Mexico

Median Annual in New Mexico
$106,880/yr
Median Hourly Wage
$51.38/hr
▲ 4% above U.S. median

Salary Distribution in New Mexico

groups Employed in NM
1,330
public U.S. Median
$102,760
savings Real pay (cost-adjusted)
$115,907 #1 of 51

Physical Therapist pay in New Mexico, explained

Physical therapists in New Mexico earn a median of $106,880 per year ($51.38 per hour), which is 4% above the national median of $102,760. Entry-level workers earn around $77,260, while the most experienced physical therapists reach about $146,400. Pay varies by employer, setting, and metro area within New Mexico.

Is $106,880 good pay in New Mexico?

Adjusted for New Mexico's cost of living (which runs 92% of the U.S. average), that $106,880 is worth about $115,907 in national buying power — ranking New Mexico #1 for real pay (vs #6 on the sticker number).

See the full Physical Therapist Real Pay Index arrow_forward

Physical Therapist pay by experience in New Mexico

Entry level (10th pct)
$77,260
$37.14/hr
Median
Mid-career (50th pct)
$106,880
$51.38/hr
Experienced (90th pct)
$146,400
$70.38/hr

Physical Therapist pay in neighboring states

StateMedian / yrReal payvs NM
New Mexico (here) $106,880 $115,907
Texas $105,810 $109,018 +$1,070
Arizona $103,220 $102,526 +$3,660
Colorado $102,030 $99,008 +$4,850
Utah $99,880 $101,028 +$7,000
Oklahoma $98,590 $112,234 +$8,290

Physical Therapist in New Mexico: FAQ

How much do physical therapists make in New Mexico?

Physical therapists in New Mexico earn a median of $106,880 per year ($51.38 per hour), compared with $102,760 nationally.

Does New Mexico pay physical therapists well?

At $106,880, New Mexico pays 4% above the national median for physical therapists. An estimated 1,330 work in the state.

Physical Therapist salary in other states

All 51 states ranked arrow_forward

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