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Physical Therapist Salaries in New Mexico — 2026 Overview

BLS 2026

The median physical therapist salary in New Mexico is $101,130 per year, equivalent to $48.62/hr, based on the Bureau of Labor Statistics OEWS programme. New Mexico employs approximately 1,350 physical therapists statewide.

Physical Therapist salaries in New Mexico are above the national average by approximately $1,264. New Mexico has a state income tax rate of up to 5.9%.

New Mexico's rapid growth and warm climate drive year-round demand for physical therapists.

New Mexico Physical Therapist Take-Home Pay Calculator

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Enter your gross annual salary to estimate take-home pay in New Mexico after federal tax, Social Security and Medicare. New Mexico has a state income tax rate of up to 5.9%.

Your annual gross salary ($)
Gross Annual
$101,130
Federal Tax (est.)
calculating...
FICA + State Tax
calculating...
Estimated Take-Home
$77,263

Estimate based on 2026 federal tax brackets, single filer, standard deduction. New Mexico has a state income tax rate of up to 5.9%. Does not account for local taxes or benefit deductions.

Am I Paid Fairly? — New Mexico Physical Therapist Check

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Enter your current salary to see how it compares to the New Mexico median of $101,130.

Your annual salary ($)

Physical Therapist Salary by Experience — New Mexico

Entry Level (0–2 years)$62,700/yr · $30.14/hr
Beginning career, developing core skills under supervision in New Mexico.
Mid-Level (3–6 years)$90,005/yr · $43.27/hr
Established professional working independently in New Mexico. Pursuing advanced certifications.
Experienced (7–12 years)$112,254/yr · $53.97/hr
Senior professional with specialised skills commanding above-average pay in New Mexico.
Senior / Expert (12+ years)$145,600+/yr · $70.00/hr
Top earner. Leadership, management or highly specialised role in New Mexico.
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Physical Therapist Salary Trend in New Mexico — 2021 to 2026

5-Year Data

Physical Therapist salaries in New Mexico have grown an estimated 13.9% over the past five years, reflecting broader workforce and economic conditions. The growth reflects broader workforce and economic conditions in New Mexico's healthcare and rehabilitation.

2021
$88,792
2022
$93,949
+5.8%
2023
$98,298
+4.6%
2024
$99,916
+1.6%
2026
$101,130
+1.2%

Physical Therapist Salary by City — New Mexico

BLS Metro Data
City / Metro AreaAnnual MedianHourlyvs StateJobs
Albuquerque$112,250$53.97+11.0%472
Las Cruces$107,200$51.54+6.0%378
Rio Rancho$104,150$50.07+3.0%243
Santa Fe$97,100$46.68-4.0%121
Roswell$92,050$44.25-9.0%81
Farmington$88,000$42.31-13.0%54

Tip: Albuquerque offers the highest physical therapist salaries in New Mexico at $112,250/yr — +11.0% above the state average.

New Mexico vs Nearby States — Purchasing Power

Cost of Living Adjusted

Gross salary figures don't tell the whole story. After adjusting for state income tax, New Mexico sits in the mid-range for physical therapists.

New Mexico — 5.9% state income tax$101,130 gross~$77,263 take-home
Arizona — 2.5%$101,660 gross+0.5% vs NM
Colorado — 4.4%$100,240 gross-0.9% vs NM
Texas — no state tax$103,710 gross+2.6% vs NM

Take-home estimates based on single filer, standard deduction, 2026 federal brackets. New Mexico has a state income tax rate of up to 5.9%.

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Physical Therapist Job Outlook in New Mexico

BLS Projections
+10%Job growth 2026–33
1,350Currently employed
135+New jobs projected

Employment for physical therapists in New Mexico is projected to grow over the next decade, driven by strong demand across the New Mexico job market. New Mexico's rapid growth and warm climate drive year-round demand for physical therapists.

How to Earn More as a Physical Therapist in New Mexico

1. Pursue advanced certification or licensing. Moving from entry to senior level as a physical therapist in New Mexico typically adds $82,900 to your annual salary. Additional certifications from the State Physical Therapy Board can accelerate this progression.

2. Target the highest-paying city. Albuquerque pays physical therapists $112,250/yr — +11.0% above the New Mexico average. Simply relocating within New Mexico can meaningfully increase your income without changing careers.

3. Specialise in high-demand areas. Physical Therapists who specialise in healthcare and rehabilitation typically command premium rates in New Mexico. Identifying growing niches within your field is one of the fastest paths to higher pay.

4. Consider neighbouring states. Arizona pays physical therapists $101,660/yr — 0.5% vs New Mexico.

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Frequently Asked Questions

How much does a physical therapist make in New Mexico?
The average physical therapist salary in New Mexico is $101,130 per year, or $48.62 per hour, based on the latest Bureau of Labor Statistics OEWS data (2026 update). Entry-level positions start around $62,700 while experienced professionals earn $145,600 or more.
Where do physical therapists earn the most in New Mexico?
Albuquerque pays physical therapists the most in New Mexico at an average of $112,250 per year — +11.0% above the state average.
Is physical therapist pay in New Mexico above or below the US average?
New Mexico physical therapist salaries are above the calculated national average by approximately $1,264. New Mexico has a state income tax rate of up to 5.9%.
What is the take-home pay for a physical therapist in New Mexico?
A physical therapist earning the New Mexico average of $101,130 takes home approximately $77,263 per year after federal income tax, Social Security and Medicare. New Mexico has a state income tax rate of up to 5.9%.
Are physical therapist jobs worth pursuing in New Mexico?
Yes. Physical Therapist is a strong career choice in New Mexico with steady demand projected over the next decade. New Mexico's rapid growth and warm climate drive year-round demand for physical therapists.
How do you get a physical therapist licence in New Mexico?
In New Mexico, physical therapists are licensed through the State Physical Therapy Board. Requirements vary by specialisation level — contact the State Physical Therapy Board for current examination and experience requirements.
DATA SOURCE All salary data from Bureau of Labor Statistics OEWS May 2024 survey. Employment projections from BLS Occupational Outlook Handbook. Full methodology →

Important disclaimer: Salary and wage data on WageByState is provided for informational purposes only. Figures are sourced from the Bureau of Labor Statistics OEWS programme and represent median values across large populations — your individual earnings will vary. Take-home pay calculations are estimates and do not constitute tax advice. WageByState accepts no liability for decisions made based on information on this site. Not affiliated with the Bureau of Labor Statistics or any government agency.