Physical Therapist Salary in Shakopee, MN: $99,378 (2026)
Quick Answer:A full-time physical therapist in Shakopee, MN earns a median $99,378/year (≈ $47.78/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1123). Once you factor in Shakopee's price level (1% below national, BEA RPP 98.5), that paycheck buys what $100,891 would nationally. Nominal pay sits 3.1% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, physical therapist salaries in Shakopee, Minnesota, are projected to reach a median of $99,378, which is slightly lower than the national median of $105,288. The local salary range extends from $80,718 at the 10th percentile to $122,939 at the 90th percentile, reflecting the varied earning potential in the market. These estimates are derived from 2025 BLS data, adjusted for regional cost factors specific to Shakopee. As cash-pay models for sports and orthopedic specialties gain traction, they can significantly elevate top-end earnings, making the physical therapist pay in Shakopee competitive, albeit with some constraints compared to larger metropolitan areas.
About the Shakopee Market
Salary estimated from Minnesota average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,718 | $38.81 |
| Lower Range (P25) | $86,971 | $41.81 |
| Median (P50)(typical) | $99,378 | $47.78 |
| Upper Range (P75) | $113,499 | $54.57 |
| Top Earners (P90) | $122,939 | $59.11 |
Median Salary Position
5.61% below the national average
2026 Salary Percentile Distribution in Shakopee
In Shakopee, MN, the physical therapist salary spread from the 10th to 90th percentile is $42,221 (2026 est.). At $99,378, the local median is 5.61% below the national median of $105,288.
Salary Calculator
At 40 hours/week in Shakopee: You'd be in the lower-middle range
How Shakopee Physical Therapist Pay Compares
Shakopee median: $99,378/year (2026)
| Compared To | Median Salary | Shakopee Pays |
|---|---|---|
| Minnesota Average | $102,557 | -3.10% less |
| National Average | $105,288 | -5.61% less |
Physical Therapists in Shakopee, MN earn a median of $99,378 per year (2026 est.), which is 5.61% lower than the national median of $105,288 and 3.10% below the Minnesota state average of $102,557.
Cost-of-Living Adjusted Salary
Shakopee has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Shakopee, MN has a cost-of-living index of 98.5 (below the national average of 100). A physical therapist earning $99,378 nominally has purchasing power equivalent to $100,891 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$84,420
2025 BLS Actual
$96,992
2026 Current Est.
$99,378
2019–2027 Growth
+20.6%
Salary Trajectory for Physical Therapists in Shakopee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $84,420 | Actual |
| 2020 | $85,902 | Actual |
| 2021 | $90,253 | Actual |
| 2022 | $92,235 | Actual |
| 2023 | $94,113 | Actual |
| 2024 | $87,771 | Actual |
| 2025 | $96,992 | Actual |
| 2026(current) | $99,378 | Estimated |
| 2027 | $101,823 | Projected |
Based on 7 years of BLS OEWS data for the Shakopee metropolitan area, the median physical therapist salary grew 14.9% from $84,420 (2019) to $96,992 (2025). At a 2.46% compound annual growth rate, salaries are projected to reach $101,823 by 2027 — a total increase of $17,403 (20.61%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shakopee 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) | $80,718 – $86,971 |
| 3-5 years (Mid Career) | $86,971 – $99,378 |
| 5+ years (Experienced) | $99,378 – $113,499 |
| 10+ years (Top Earner) | $113,499 – $122,939 |
PT salary ranges estimated from BLS percentile data. Individual physical therapist compensation varies by employer, certifications, and specialization.
Physical Therapist Job Market in Shakopee
Currently, Shakopee employs 11 physical therapists within its healthcare landscape, emphasizing a limited but steady local job market. The cost of living index here stands at 98.5, suggesting that while salaries may be lower than the national average, the purchasing power remains relatively stable, benefitting local residents. Among various employers, outpatient orthopedic clinics such as Athletico or Select Medical often offer competitive compensation, though they may include productivity-based bonuses that can influence total earnings. The variance in salaries can also be attributed to factors such as board certification stipends (OCS or SCS), clinic ownership models, and the choice of cash-pay vs. insurance-reimbursed practice, which can significantly impact income potential. For those seeking to maximize their physical therapist salary in Shakopee, focusing on gaining specialized certifications, increasing productivity, or opting for traveling PT roles could present lucrative opportunities in this evolving market.
More salary data for Shakopee, MN:
Frequently Asked Questions
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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 $96,992 for physical therapistsin the Shakopee 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 Shakopee 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