Physical Therapist Salary in New Mexico (2026)

Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.

Median Annual Salary$106,880
Median Hourly Wage$51.38
National Median$104,506
Jobs in New Mexico1,330

Physical Therapist Salary in New Mexico vs. National Average

New MexicoNationalDifference
Median annual salary$106,880$104,506+2%
Median hourly wage$51.38$50.24+2%

Adjusted for local price levels (100 = national average), the cost-adjusted median is $115,922.

Physical Therapist Salary in Top New Mexico Cities

CityMedianEntry LevelExperiencedCost of Living
Albuquerque$89,739 $70,200$103,500 94

FAQ

How much does a Physical Therapist make in New Mexico?

The median annual salary for a Physical Therapist in New Mexico is $106,880, or about $51.38 per hour, according to BLS OEWS data.

How does this compare to the national average?

The national median for Physical Therapists is $104,506. New Mexico is +2% above the national median.

What is the entry-level salary for a Physical Therapist in New Mexico?

Entry-level physical therapists in New Mexico typically earn from $70,200 depending on the city and employer.

Is New Mexico a good state for physical therapists?

With 1,330 physical therapist jobs on record and a median salary of $106,880, New Mexico offers above-average pay compared to the rest of the country.

Where does Physical Therapist pay rank in New Mexico?

By median annual wage, physical therapists rank 76 of the 634 occupations reported in New Mexico — higher than 88% of them.

What do similar occupations pay in New Mexico?

Among occupations in the same job family, Emergency Medicine Physicians at $405,130, Anesthesiologists at $393,970, Surgeons, All Other at $363,940 — all figures are median annual wages for New Mexico.

Do these figures include taxes?

No. Every figure on this page is a gross (pre-tax) wage. New Mexico levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 94.0 (100 = national average).

Physical Therapist in New Mexico: where it sits among all occupations

By median annual wage, physical therapists rank 76 of the 634 occupations reported in New Mexico — higher than 88% of them.

Occupation in the same job familyMedian in New MexicoJobs
Emergency Medicine Physicians$405,130$340
Anesthesiologists$393,970$50
Surgeons, All Other$363,940$150
Physicians, All Other$327,670$1,930
Obstetricians and Gynecologists$259,990$110
Cardiologists$239,200$90

New Mexico levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 94.0 (100 = national average).

Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 634 occupations in New Mexico.