Physical Therapist Salary in St. Louis Park, MN: $98,821 (2026)
Quick Answer:A full-time physical therapist in St. Louis Park, MN earns a median $98,821/year (≈ $47.51/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1123). Once you factor in St. Louis Park's price level (1% below national, BEA RPP 98.5), that paycheck buys what $100,326 would nationally. Nominal pay sits 3.7% below the Minnesota state average.
Based on BLS state-level estimates · View source

In 2026, the average compensation for physical therapists in St. Louis Park reaches approximately $98,821, indicating increased financial expectations given the rising healthcare demands. With a salary range spanning from $76,797 at the 10th percentile to $127,265 at the 90th percentile, professionals in this field can find varied opportunities depending on experience and specialization. These local estimates come from the 2025 BLS data, projected to the 2026 fiscal year, and indicate a slight decline of about 6.14% when positioned against the national average of $105,288 for the same period. The local healthcare market's dynamics, including the pressures to achieve a higher number of therapy visits per day, will significantly influence how physical therapist salaries develop over time in St. Louis Park.
About the St. Louis Park Market
Salary estimated from Minnesota average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,797 | $36.93 |
| Lower Range (P25) | $83,614 | $40.20 |
| Median (P50)(typical) | $98,821 | $47.51 |
| Upper Range (P75) | $115,917 | $55.73 |
| Top Earners (P90) | $127,265 | $61.19 |
Median Salary Position
6.14% below the national average
2026 Salary Percentile Distribution in St. Louis Park
In St. Louis Park, MN, the physical therapist salary spread from the 10th to 90th percentile is $50,468 (2026 est.). At $98,821, the local median is 6.14% below the national median of $105,288.
Salary Calculator
At 40 hours/week in St. Louis Park: You'd be in the lower-middle range
How St. Louis Park Physical Therapist Pay Compares
St. Louis Park median: $98,821/year (2026)
| Compared To | Median Salary | St. Louis Park Pays |
|---|---|---|
| Minnesota Average | $102,617 | -3.70% less |
| National Average | $105,288 | -6.14% less |
Physical Therapists in St. Louis Park, MN earn a median of $98,821 per year (2026 est.), which is 6.14% lower than the national median of $105,288 and 3.70% below the Minnesota state average of $102,617.
Cost-of-Living Adjusted Salary
St. Louis Park 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.
St. Louis Park, MN has a cost-of-living index of 98.5 (below the national average of 100). A physical therapist earning $98,821 nominally has purchasing power equivalent to $100,326 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$83,946
2025 BLS Actual
$96,448
2026 Current Est.
$98,821
2019–2027 Growth
+20.6%
Salary Trajectory for Physical Therapists in St. Louis Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $83,946 | Actual |
| 2020 | $85,420 | Actual |
| 2021 | $89,747 | Actual |
| 2022 | $91,718 | Actual |
| 2023 | $93,585 | Actual |
| 2024 | $87,279 | Actual |
| 2025 | $96,448 | Actual |
| 2026(current) | $98,821 | Estimated |
| 2027 | $101,252 | Projected |
Based on 7 years of BLS OEWS data for the St. Louis Park metropolitan area, the median physical therapist salary grew 14.9% from $83,946 (2019) to $96,448 (2025). At a 2.46% compound annual growth rate, salaries are projected to reach $101,252 by 2027 — a total increase of $17,306 (20.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the St. Louis Park 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) | $76,797 – $83,614 |
| 3-5 years (Mid Career) | $83,614 – $98,821 |
| 5+ years (Experienced) | $98,821 – $115,917 |
| 10+ years (Top Earner) | $115,917 – $127,265 |
PT salary ranges estimated from BLS percentile data. Individual physical therapist compensation varies by employer, certifications, and specialization.
Physical Therapist Job Market in St. Louis Park
Despite a modest job market with only nine physical therapists currently employed in St. Louis Park, the cost of living index at 98.5 suggests that compensation is somewhat favorable relative to local living expenses. Clinics specializing in outpatient orthopedic services, particularly well-known chains such as Athletico and ATI, often provide solid pay, although this can come with the expectation of high patient volumes and meeting specific productivity standards. Furthermore, those with board certifications like Orthopaedic Clinical Specialist (OCS) or Sports Clinical Specialist (SCS) may command higher salaries, as do those who engage in cash-pay models or hold ownership stakes in private practices. For physical therapists aiming to maximize their earnings in St. Louis Park MN, it's essential to hone in on productivity metrics, consider alternative practice settings, and build specialized skills that align with evolving market needs.
More salary data for St. Louis Park, 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 $96,448 for physical therapistsin the St. Louis Park 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 St. Louis Park 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