The annual salary statistics of physical therapists in Indianapolis-Carmel, Indiana is shown in Table 1. The wage information of physical therapists in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $61,590 |
| 25th Percentile Wage | $79,720 |
| 50th Percentile Wage | $98,490 |
| 75th Percentile Wage | $105,350 |
| 90th Percentile Wage | $115,840 |
Table 1 shows the average annual salary for physical therapists in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $115,840. The median (50th percentile) annual salary is $98,490. The average annual salary for the bottom 10 percent earners is $61,590.
The table and chart below show the trend of the median salary of physical therapists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $98,490 | -0.56% | 21.34% |
| 2021 | $99,040 | 9.69% | - |
| 2020 | $89,440 | 2.06% | - |
| 2019 | $87,600 | 6.26% | - |
| 2018 | $82,120 | -2.83% | - |
| 2017 | $84,440 | 0.30% | - |
| 2016 | $84,190 | -0.74% | - |
| 2015 | $84,810 | 3.30% | - |
| 2014 | $82,010 | 3.65% | - |
| 2013 | $79,020 | 1.96% | - |
| 2012 | $77,470 | - | - |
From Table 3 we note that with a median annual salary of $98,490, Indianapolis-Carmel is the highest paying city for physical therapists in state of Indiana, followed by Fort Wayne (median annual salary $97,100). In comparison, the median annual salary of physical therapists in Indianapolis-Carmel is 1.4 percent (1.4%) higher than that in Fort Wayne.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Fort Wayne | |
| Kokomo | |
| Central Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Lafayette-West Lafayette | |
| Michigan City-La Porte | |
| Muncie | |
| Bloomington | |
| Gary | |
| Southern Indiana nonmetropolitan area | |
| Lafayette | |
| Columbus | |
| Anderson | |
| Terre Haute |