Physical Therapist Salary in Binghamton, NY: $102,122 (2026)
Quick Answer:A full-time physical therapist in Binghamton, NY earns a median $102,122/year (≈ $49.10/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1123). Once you factor in Binghamton's price level (7% below national, BEA RPP 92.9), that paycheck buys what $109,971 would nationally. Nominal pay sits 6.0% above the New York state average.
Official BLS data · View source
The projected physical therapist salary in Binghamton for 2026 stands at $102,122, which is slightly lower than the national median of $105,288. With a salary range from $71,804 at the 10th percentile to $124,223 at the 90th percentile, the variety in compensation reflects the evolving market dynamics in healthcare. Recent trends toward cash-pay models in sports and orthopedic specialties have contributed to increases at the high end of the salary spectrum, allowing some practitioners to command better pay while navigating a landscape marked by consolidations and declining reimbursements from insurance. This data is derived from official BLS OEWS surveys, highlighting the continued demand for skilled physical therapists in Binghamton amidst changing healthcare economics.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $71,804 | $34.52 |
| Lower Range (P25) | $83,823 | $40.30 |
| Median (P50)(typical) | $102,122 | $49.10 |
| Upper Range (P75) | $116,620 | $56.07 |
| Top Earners (P90) | $124,223 | $59.72 |
Median Salary Position
3.01% below the national average
2026 Salary Percentile Distribution in Binghamton
In Binghamton, NY, the physical therapist salary spread from the 10th to 90th percentile is $52,419 (2026 est.). At $102,122, the local median is 3.01% below the national median of $105,288.
Salary Calculator
At 40 hours/week in Binghamton: You'd be above the median
How Binghamton Physical Therapist Pay Compares
Binghamton median: $102,122/year (2026)
| Compared To | Median Salary | Binghamton Pays |
|---|---|---|
| New York Average | $96,341 | +6.00% more |
| National Average | $105,288 | -3.01% less |
Physical Therapists in Binghamton, NY earn a median of $102,122 per year (2026 est.), which is 3.01% lower than the national median of $105,288 and 6.00% above the New York state average of $96,341.
Cost-of-Living Adjusted Salary
Binghamton has a cost of living 7.14% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Binghamton, NY has a cost-of-living index of 92.863 (below the national average of 100). A physical therapist earning $102,122 nominally has purchasing power equivalent to $109,971 in an average-cost city — an effective 7.69% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$84,120
2025 BLS Actual
$99,670
2026 Current Est.
$102,122
2019–2027 Growth
+24.4%
Salary Trajectory for Physical Therapists in Binghamton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $84,120 | Actual |
| 2020 | $78,450 | Actual |
| 2021 | $78,040 | Actual |
| 2022 | $82,130 | Actual |
| 2023 | $89,850 | Actual |
| 2024 | $89,510 | Actual |
| 2025 | $99,670 | Actual |
| 2026(current) | $102,122 | Estimated |
| 2027 | $104,634 | Projected |
Based on 7 years of BLS OEWS data for the Binghamton metropolitan area, the median physical therapist salary grew 18.5% from $84,120 (2019) to $99,670 (2025). At a 2.46% compound annual growth rate, salaries are projected to reach $104,634 by 2027 — a total increase of $20,514 (24.39%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Binghamton 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) | $71,804 – $83,823 |
| 3-5 years (Mid Career) | $83,823 – $102,122 |
| 5+ years (Experienced) | $102,122 – $116,620 |
| 10+ years (Top Earner) | $116,620 – $124,223 |
PT salary ranges estimated from BLS percentile data. Individual physical therapist compensation varies by employer, certifications, and specialization.
Physical Therapist Job Market in Binghamton
With 240 physical therapists currently employed in the Binghamton area, the local job market remains robust, providing ample opportunities for practitioners. The cost of living index in Binghamton is 92.863, meaning that while salaries may be slightly lower compared to national averages, the lower cost of living can enhance take-home purchasing power for residents. Among the highest-paying employers in Binghamton are outpatient orthopedic clinics, which often provide bonuses based on productivity metrics. The variation in pay is driven by factors such as board certification stipends and the choice between insurance and cash-pay practice models. To maximize earnings, therapists should consider obtaining board specialization, such as OCS or SCS, leveraging opportunities in cash-pay settings, and focusing on client productivity to enhance compensation in a competitive environment.
More salary data for Binghamton, NY:
Frequently Asked Questions
How much do physical therapists make in Binghamton, NY in 2026?
Is Binghamton, NY a good place to work as a physical therapist?
Can physical therapists make $100K in Binghamton?
What is the cost-of-living adjusted physical therapist salary in Binghamton?
How much does a physical therapist make per hour in Binghamton?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New York
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 $99,670 for physical therapistsin the Binghamton 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
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