Physical Therapist Salary in New Mexico
The median physical therapist salary in New Mexico is $88,925 per year, which is 9% below the national median of $97,720.
Physical Therapist Salary Overview in New Mexico (2026)
New Mexico ranks #33 out of 50 states for physical therapist compensation. Physical Therapist salaries in New Mexico are below the national median, though the lower cost of living can offset the difference. At $88,925 per year, physical therapists in New Mexico earn $8,795 less than the national median of $97,720.
A key advantage of working in New Mexico is its below-average cost of living (93% of the national index). This means the $88,925 salary has the purchasing power of roughly $95,618 in an average-cost area.
The salary spread in New Mexico is significant: physical therapists at the 10th percentile earn $60,788, while those at the 90th percentile bring home $118,482 — a $57,694 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New Mexico for this role is Santa Fe, where the median reaches $105,538.
Nationally, physical therapist employment is projected to grow 15% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in New Mexico and beyond.
Physical Therapist Salary in New Mexico by Experience
In New Mexico, an entry-level physical therapist earns around $61,880, while experienced professionals earn up to $116,480 per year. The cost of living index in New Mexico is 93% of the national average.
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See Investment Options →Salary Percentiles in New Mexico
| Percentile | NM Salary |
|---|---|
| 10th Percentile | $60,788 |
| 25th Percentile | $72,982 |
| Median (50th) | $88,925 |
| 75th Percentile | $105,924 |
| 90th Percentile | $118,482 |
Physical Therapist Salary by City in New Mexico
The largest employment areas for physical therapists in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.
How to Become a Physical Therapist in New Mexico
Education
Most physical therapist positions require a doctoral degree. New Mexico has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in New Mexico
Nationally, physical therapist employment is projected to grow 15% over the next decade (much faster than average). New Mexico's demand may vary based on local industry trends.
Stand Out from the Competition
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