Physical Therapist Salary in Collierville, TN: $100,101 (2026)
Quick Answer:A full-time physical therapist in Collierville, TN earns a median $100,101/year (≈ $48.13/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1123). Once you factor in Collierville's price level (8% below national, BEA RPP 91.8), that paycheck buys what $109,042 would nationally. Nominal pay sits 0.2% above the Tennessee state average.
Based on BLS state-level estimates · View source

In 2026, the physical therapist salary in Collierville, TN is projected at $100,101, reflecting local market dynamics and the growing trend towards cash-pay models within outpatient settings. Salary ranges span from $73,074 at the 10th percentile to $126,783 at the 90th percentile, as estimates derived from 2025 BLS data account for regional cost variations. The shift towards specialty-focused practices in sports and orthopedic therapy often raises top-end pay, as patients increasingly seek out direct access to services without going through insurance networks. This job market, while relatively small with only eight physical therapists employed locally, is anticipated to see consistent growth, especially for those who align their practice with current patient demands.
About the Collierville Market
Salary estimated from Tennessee average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,074 | $35.13 |
| Lower Range (P25) | $81,937 | $39.40 |
| Median (P50)(typical) | $100,101 | $48.13 |
| Upper Range (P75) | $117,742 | $56.61 |
| Top Earners (P90) | $126,783 | $60.95 |
Median Salary Position
4.93% below the national average
2026 Salary Percentile Distribution in Collierville
In Collierville, TN, the physical therapist salary spread from the 10th to 90th percentile is $53,709 (2026 est.). At $100,101, the local median is 4.93% below the national median of $105,288.
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At 40 hours/week in Collierville: You'd be above the median
How Collierville Physical Therapist Pay Compares
Collierville median: $100,101/year (2026)
| Compared To | Median Salary | Collierville Pays |
|---|---|---|
| Tennessee Average | $99,902 | +0.20% more |
| National Average | $105,288 | -4.93% less |
Physical Therapists in Collierville, TN earn a median of $100,101 per year (2026 est.), which is 4.93% lower than the national median of $105,288 and 0.20% above the Tennessee state average of $99,902.
Cost-of-Living Adjusted Salary
Collierville has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Collierville, TN has a cost-of-living index of 91.8 (below the national average of 100). A physical therapist earning $100,101 nominally has purchasing power equivalent to $109,042 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$85,034
2025 BLS Actual
$97,698
2026 Current Est.
$100,101
2019–2027 Growth
+20.6%
Salary Trajectory for Physical Therapists in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $85,034 | Actual |
| 2020 | $86,527 | Actual |
| 2021 | $90,910 | Actual |
| 2022 | $92,906 | Actual |
| 2023 | $94,798 | Actual |
| 2024 | $84,645 | Actual |
| 2025 | $97,698 | Actual |
| 2026(current) | $100,101 | Estimated |
| 2027 | $102,564 | Projected |
Based on 7 years of BLS OEWS data for the Collierville metropolitan area, the median physical therapist salary grew 14.9% from $85,034 (2019) to $97,698 (2025). At a 2.46% compound annual growth rate, salaries are projected to reach $102,564 by 2027 — a total increase of $17,530 (20.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Collierville 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) | $73,074 – $81,937 |
| 3-5 years (Mid Career) | $81,937 – $100,101 |
| 5+ years (Experienced) | $100,101 – $117,742 |
| 10+ years (Top Earner) | $117,742 – $126,783 |
PT salary ranges estimated from BLS percentile data. Individual physical therapist compensation varies by employer, certifications, and specialization.
Physical Therapist Job Market in Collierville
Analyzing the factors influencing physical therapist pay in Collierville reveals several layers affecting take-home earnings. With a cost-of-living index of 91.8, the purchasing power for therapists tends to be favorable, offering a better quality of life compared to many other regions. Among the local employers, outpatient orthopedic clinics such as ATI and Athletico may offer competitive compensation packages, particularly for therapists achieving higher productivity standards. Variations in earnings stem from differing expectations on patient load and the value of board certifications like OCS or SCS, which can command additional stipends. Furthermore, navigating the balance between cash-pay models and traditional insurance practices can substantially influence income. To maximize salary opportunities in Collierville, physical therapists should consider enhancing their credentials, exploring roles in high-demand specialties, and maintaining a strong focus on patient outcomes.
More salary data for Collierville, TN:
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 $97,698 for physical therapistsin the Collierville 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 Collierville 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