Physical Therapist salary in New Mexico
Physical Therapists in New Mexico earn a median of $106,880 a year ($51.38 an hour), based on BLS data for 1,330 workers.
Pay ranges from $77,260 for the lowest-paid 10% to $146,400 for the top 10%. That is 4% higher than the national median of $102,760. New Mexico ranks 6th of 51 states for physical therapists pay. There are 1.5 physical therapists per 1,000 jobs here — close to the national average. The average (mean) salary is $110,060, above the median because a few high earners pull it up.
Pay range for physical therapists in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $77,260 | $37.15 |
| 25th percentile | $89,440 | $43.00 |
| Median | $106,880 | $51.38 |
| 75th percentile | $128,110 | $61.59 |
| 90th percentile (top earners) | $146,400 | $70.38 |
| Average (mean) | $110,060 | $52.91 |
Half of physical therapists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,906.67 |
| Semi-monthly (24 a year) | $4,453.33 |
| Biweekly (26 a year) | $4,110.77 |
| Weekly | $2,055.38 |
| Hourly | $51.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Physical Therapist salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Santa Fe, NM | $124,870 | 80 |
| Las Cruces, NM | $120,350 | 200 |
| Albuquerque, NM | $103,510 | 690 |
| Farmington, NM | $98,260 | 60 |
Highest-paying states for physical therapists
| State | Median salary |
|---|---|
| California | $124,190 |
| Alaska | $115,280 |
| New Jersey | $112,140 |
| Nevada | $111,250 |
| Maryland | $106,890 |
| New Mexico | $106,880 |
| Washington | $105,950 |
| Texas | $105,810 |
| Illinois | $105,250 |
| Connecticut | $104,360 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Registered Nurse | $94,340 | $45.36 |
| Physicians, All Other | $327,670 | $157.54 |
| Nurse Practitioner | $137,520 | $66.11 |
| Pharmacist | $147,000 | $70.67 |
| Dental Hygienist | $95,940 | $46.12 |
| Speech-Language Pathologist | $98,690 | $47.45 |
| Occupational Therapist | $99,170 | $47.68 |
| Respiratory Therapist | $68,870 | $33.11 |
| Dentists, General | $155,260 | $74.64 |
| Physician Assistant | $139,920 | $67.27 |
| Family Medicine Physician | $228,040 | $109.64 |
| Dietitians and Nutritionists | $74,730 | $35.93 |
| Veterinarian | $129,390 | $62.21 |
| Emergency Medicine Physician | $405,130 | $194.77 |
More: Healthcare Practitioners and Technical Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 29-1123. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a physical therapist make in New Mexico?
The median salary for physical therapists in New Mexico is $106,880 a year, or $51.38 an hour. Pay ranges from $77,260 for the lowest-paid 10% to $146,400 for the top 10%.
How much do the highest-paid physical therapists make in New Mexico?
The top 10% of physical therapists in New Mexico earn at least $146,400 a year. The top 25% earn $128,110 or more.
What is the starting pay for physical therapists in New Mexico?
Entry-level pay (the 10th percentile) is about $77,260 a year, and a quarter of physical therapists earn $89,440 or less.
How many physical therapists work in New Mexico?
About 1,330 physical therapists are employed in New Mexico, not counting the self-employed.