Physical Therapist Salary in New Albany, IN: $97,357 (2026)
Quick Answer:A full-time physical therapist in New Albany, IN earns a median $97,357/year (≈ $46.80/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1123). Once you factor in New Albany's price level (9% below national, BEA RPP 91.3), that paycheck buys what $106,634 would nationally. Nominal pay sits 3.5% below the Indiana state average.
Based on BLS state-level estimates · View source
In New Albany, Indiana, the projected median annual salary for physical therapists in 2026 is $97,357, which is slightly lower than the national median of $105,288. The payment ranges are quite varied, with the lower 10% earning approximately $75,608 and the top 10% making around $125,803. These figures reflect local estimates based on 2025 BLS data and regional price adjustments, indicating a competitive yet nuanced job market for physical therapists. Given the structural choices between outpatient chains, hospitals, and skilled nursing facilities in the area, these different settings can significantly affect compensation levels, highlighting an intriguing dynamic as professionals consider where to practice.
About the New Albany Market
Salary estimated from Indiana average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $75,608 | $36.35 |
| Lower Range (P25) | $82,641 | $39.73 |
| Median (P50)(typical) | $97,357 | $46.80 |
| Upper Range (P75) | $114,459 | $55.03 |
| Top Earners (P90) | $125,803 | $60.48 |
Median Salary Position
7.53% below the national average
2026 Salary Percentile Distribution in New Albany
In New Albany, IN, the physical therapist salary spread from the 10th to 90th percentile is $50,195 (2026 est.). At $97,357, the local median is 7.53% below the national median of $105,288.
Salary Calculator
At 40 hours/week in New Albany: You'd be in the lower-middle range
How New Albany Physical Therapist Pay Compares
New Albany median: $97,357/year (2026)
| Compared To | Median Salary | New Albany Pays |
|---|---|---|
| Indiana Average | $100,889 | -3.50% less |
| National Average | $105,288 | -7.53% less |
Physical Therapists in New Albany, IN earn a median of $97,357 per year (2026 est.), which is 7.53% lower than the national median of $105,288 and 3.50% below the Indiana state average of $100,889.
Cost-of-Living Adjusted Salary
New Albany has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
New Albany, IN has a cost-of-living index of 91.3 (below the national average of 100). A physical therapist earning $97,357 nominally has purchasing power equivalent to $106,634 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$82,703
2025 BLS Actual
$95,020
2026 Current Est.
$97,357
2019–2027 Growth
+20.6%
Salary Trajectory for Physical Therapists in New Albany (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $82,703 | Actual |
| 2020 | $84,155 | Actual |
| 2021 | $88,418 | Actual |
| 2022 | $90,360 | Actual |
| 2023 | $92,200 | Actual |
| 2024 | $81,082 | Actual |
| 2025 | $95,020 | Actual |
| 2026(current) | $97,357 | Estimated |
| 2027 | $99,752 | Projected |
Based on 7 years of BLS OEWS data for the New Albany metropolitan area, the median physical therapist salary grew 14.9% from $82,703 (2019) to $95,020 (2025). At a 2.46% compound annual growth rate, salaries are projected to reach $99,752 by 2027 — a total increase of $17,049 (20.61%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the New Albany 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $75,608 – $82,641 |
| 3-5 years (Mid Career) | $82,641 – $97,357 |
| 5+ years (Experienced) | $97,357 – $114,459 |
| 10+ years (Top Earner) | $114,459 – $125,803 |
PT salary ranges estimated from BLS percentile data. Individual physical therapist compensation varies by employer, certifications, and specialization.
Physical Therapist Job Market in New Albany
The job market in New Albany currently hosts nine physical therapists, suggesting a small yet stable employment landscape. Additionally, the cost-of-living index is at 91.3, which means that while salaries may trail the national average, the relative affordability could enhance purchasing power. Outpatient orthopedic clinics and hospital systems are typically the highest-paying employers, but compensation can vary based on multiple factors. Pay differentiation often arises from productivity expectations, clinic ownership structures, and whether practices are cash-pay or insurance-based. To maximize earnings in New Albany, physical therapists should consider aiming for board certifications such as OCS or SCS, exploring private practice options, or pursuing roles in higher-paying environments like home health agencies that may offer different financial incentives.
More salary data for New Albany, IN:
Frequently Asked Questions
How much do physical therapists make in New Albany, IN in 2026?
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Can physical therapists make $100K in New Albany?
What is the cost-of-living adjusted physical therapist salary in New Albany?
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $95,020 for physical therapistsin the New Albany metropolitan area. A 2.46% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for New Albany is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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