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Physical Therapist Salary in Panama City, FL

How much does a physical therapist make in Panama City? Explore median, entry-level, and senior salaries adjusted for Panama City's cost of living.

Median Salary
$89,954
per year in Panama City
Entry Level
$60,621
Starting salary
Senior Level
$122,220
Experienced professionals
Cost of Living
96
4% below national avg

Salary Breakdown by Experience Level

See how physical therapist salaries break down across different pay periods in Panama City.

PeriodEntry LevelMedianSenior
Annual$60,621$89,954$122,220
Monthly$5,052$7,496$10,185
Biweekly$2,332$3,460$4,701
Weekly$1,166$1,730$2,350
Hourly$29$43$59

Panama City vs National Average

How Panama City's physical therapist salaries compare to national figures.

Panama City Salary
$89,954
COL Index: 96
National Average
$101,850
COL Index: 100
Difference
-$11,896
Lower in Panama City

Cost of Living in Panama City

1-Bedroom Rent
$1,100
per month
Median Income
$42,234
per year
Population
37,282
residents
Rent % of Income
31.3%
median household
Cost of Living Index: 96 — A score of 100 represents the U.S. average. Salaries in Panama City have been adjusted to account for local cost differences.

About Physical Therapist

Overview

Help patients recover from injuries and improve mobility through rehabilitation.

Education

Doctor of Physical Therapy (DPT); licensure required

Key Skills

RehabilitationPatient AssessmentTreatment PlanningExercise Science

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Physical Therapist Salary

See Physical Therapist salaries in other top cities.

New York, NY
$105,470
+17%
Los Angeles, CA
$117,000
+30%
Chicago, IL
$104,200
+16%
Houston, TX
$111,070
+23%
Phoenix, AZ
$102,080
+13%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a physical therapist salary in Panama City.

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Physical Therapist Salary in Panama City, FL — Complete Guide

Median Salary Overview

The median salary for a physical therapist in Panama City, FL is $89,954 per year, adjusted for the local cost of living index of 96. This figure reflects typical earnings for experienced professionals in this role, considering Panama City's unique economic conditions.

Salary Range and Experience Levels

Entry-level physical therapist professionals in Panama City can expect to earn around $60,621 annually. As professionals gain experience, salaries typically increase, with senior-level physical therapists earning approximately $122,220 per year. This represents a 102% increase from entry to senior level.

Cost of Living Adjustment

Panama City's cost of living index of 96 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Panama City are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $101,850, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a physical therapist's salary in Panama City typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 14.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Physical Therapists are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Panama City, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.