Physical Therapist Salary in New Mexico

Physical Therapists in New Mexico have a median annual salary of $106,880, which works out to about $51.38 per hour, with a typical 25th–75th percentile range of $89,440 to $128,110, based on the latest BLS OEWS data.

29-1123 · Physical Therapists

Physical Therapist pay in New Mexico at a glance

Median annual salary

$106,880

Median hourly wage

$51.38/hr

Average annual salary

$110,060

Average hourly wage

$52.91/hr

25th percentile

$89,440

75th percentile

$128,110

10th percentile

$77,260

90th percentile

$146,400

People employed

1,330

Salary distribution

Reported wage points from the lowest to the highest paid physical therapist roles in New Mexico.

10th percentile
$77,260
25th percentile
$89,440
Median percentile
$106,880
75th percentile
$128,110
90th percentile
$146,400

New Mexico vs U.S. salary

The median salary for physical therapist roles in New Mexico is about 4.0% above the U.S. median of $102,760 for the same occupation.

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How much does a physical therapist make in New Mexico?

Half of physical therapist roles in New Mexico report earning more than $106,880 a year and half report earning less — that is the median. The mean (average) of $110,060 is pulled up or down by the highest and lowest earners, which is why the median is usually the better benchmark.

Salary range

A quarter of reported salaries fall below $89,440 and a quarter are above $128,110, so most physical therapist pay sits between those two figures. These percentiles describe how pay is spread across all reported roles — they are not a direct measure of years of experience.

What can affect physical therapist pay?

  • Years of experience and level of responsibility
  • Employer type and size
  • Specialization within the occupation
  • Certifications and licensing
  • Industry
  • Hours worked, shift patterns and overtime
  • The local labor market where the job is based

Physical Therapist pay in other states

Related jobs in New Mexico

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. Methodology · Data sources

Salary figures are benchmarks and can vary by employer, experience, specialization, hours worked and other factors.