Physical Therapist Hourly Pay in Farmington, NM: $48.40 (2026)
Quick Answer:Hourly pay for a physical therapist working in Farmington, NM runs $48.40 at the median for 2026 — annualizing to $100,677 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1123). Weighted against Farmington's regional price level (BEA RPP 87.7, 12% below national), each hour of work buys what $55.19 nationally would. A 24-hour part-time schedule grosses $60,406 per year.
Official BLS data · View source
In 2026, physical therapists in Farmington, NM, earn a median hourly pay of $48.40, which falls slightly below the national median of $50.62 per hour. This hourly rate is significant for those considering part-time positions, such as working three days a week, or opportunities for per-diem work, which are common in outpatient clinics, rehabilitation hospitals, and skilled nursing facilities. The hourly pay ranges from $33.10 at the lower end for entry-level positions to $66.99 for seasoned professionals, illustrating the potential financial growth within this field. Such data, based on 2025 BLS OEWS data projected to 2026, equips prospective physical therapists with valuable insights into earnings in varying practice environments, from home health visits to sports performance centers.
Physical Therapist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.10 | $264.84 |
| Lower Range (P25) | $38.32 | $306.56 |
| Median (P50) | $48.40 | $387.22 |
| Upper Range (P75) | $61.17 | $489.35 |
| Top Earners (P90) | $66.99 | $535.91 |
Estimated Annual Income by Work Schedule in Farmington
Based on $48.40/hr median hourly rate · 2026 est.
At $48.40/hr, a physical therapist working full-time (40 hr/wk) in Farmington, NM can expect to earn approximately $100,676 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $58,083. With a cost-of-living index of 87.71 (below the national average), these earnings stretch further in Farmington.
Hourly Rate Calculator
Schedule Comparison in Farmington
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,936.08 | $8,390 | $100,676 |
| Part-Time (24 hrs) | $1,161.65 | $5,034 | $60,406 |
| Per Diem (16 hrs) | $774.43 | $3,356 | $40,271 |
Compare PT Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Physical Therapist (Farmington) | $48.40 |
| Physical Therapist Assistant (National Avg) | $31.26 |
| Occupational Therapist (National Avg) | $47.00 |
| Chiropractor (National Avg) | $36.85 |
| Exercise Physiologist (National Avg) | $26.75 |
Physical Therapists in Farmington, NM earn a median of $100,677 per year (2026 est.), which is 4.38% lower than the national median of $105,288 and 1.30% above the New Mexico state average of $99,385.
Physical Therapist Hourly Pay vs. Cost of Living
Working 24h/week at $48.40/hr = $60,406/year (purchasing power: $68,872).
Working 40h/week (full-time) = $100,676/year (purchasing power: $114,787).
CoL index: 87.707 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$42.30/hr
2025 BLS Actual
$47.24/hr
2026 Current Est.
$48.40/hr
2019–2027 Growth
+17.2%
Hourly Rate Trajectory for Physical Therapists in Farmington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $42.30/hr | Actual |
| 2020 | $42.10/hr | Actual |
| 2021 | $47.22/hr | Actual |
| 2022 | $48.09/hr | Actual |
| 2023 | $50.97/hr | Actual |
| 2024 | $50.73/hr | Actual |
| 2025 | $47.24/hr | Actual |
| 2026(current) | $48.40/hr | Estimated |
| 2027 | $49.59/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for physical therapists in Farmington grew 11.7% from $42.30/hr (2019) to $47.24/hr (2025). At a 2.46% projected growth rate, hourly pay is expected to reach $49.59/hr by 2027. Part-time and per-diem physical therapists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Farmington metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.46% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Physical Therapist in Farmington
For those contemplating a part-time career, a physical therapist working three days a week might expect an annual income of approximately $61,171, which is substantially less than a full-time counterpart. In contrast, per-diem physical therapists in Farmington can find themselves taking home more considerable amounts, as they often bill between $50 to $75 per hour. Additionally, travel contracts provide lucrative options, ranging from $1,800 to $2,800 weekly, which may include stipends for housing. As hourly rates can vary based on the employer type—outpatient clinics may offer lower rates compared to hospitals or specialized agencies—many physical therapists must consider the trade-off between higher pay without benefits versus lower rates that include health insurance. Those negotiating hourly pay in Farmington should assess their value within the local market while considering patient caseloads and productivity-based expectations that may impact total earnings.
More salary data for Farmington, NM:
Frequently Asked Questions
What is the hourly rate for physical therapists in Farmington in 2026?
How much do part-time physical therapists make in Farmington?
Are physical therapists in Farmington paid hourly or salary?
How much does a full-time physical therapist make per year in Farmington?
Do physical therapists earn more per hour working part-time in Farmington?
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Written by Alex Morgan, DPT
Career Analyst
Alex Morgan has over 10 years of experience in physical therapy. They specialize in orthopedic rehabilitation. Alex works in a private practice setting.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.46% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for physical therapists in Farmington. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.46%, derived from historical BLS wage trends for physical therapists (SOC 29-1123).
Compiled and verified by Alex Morgan, DPT, a licensed physical therapist with 10+ years of clinical experience. · View source data at BLS.gov