Physical Therapist Salary in Summit, NJ
How much does a physical therapist make in Summit? Explore median, entry-level, and senior salaries adjusted for Summit's cost of living.
Salary Breakdown by Experience Level
See how physical therapist salaries break down across different pay periods in Summit.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $121,901 | $180,886 | $245,768 |
| Monthly | $10,158 | $15,074 | $20,481 |
| Biweekly | $4,689 | $6,957 | $9,453 |
| Weekly | $2,344 | $3,479 | $4,726 |
| Hourly | $59 | $87 | $118 |
Summit vs National Average
How Summit's physical therapist salaries compare to national figures.
Cost of Living in Summit
About Physical Therapist
Overview
Help patients recover from injuries and improve mobility through rehabilitation.
Education
Doctor of Physical Therapy (DPT); licensure required
Key Skills
Growth Rate
Expected job growth: +18% over the next decade
Compare Cities: Physical Therapist Salary
See Physical Therapist salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a physical therapist salary in Summit.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Summit.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Summit.
Physical Therapist Salary in Summit, NJ — Complete Guide
Median Salary Overview
The median salary for a physical therapist in Summit, NJ is $180,886 per year, adjusted for the local cost of living index of 148. This figure reflects typical earnings for experienced professionals in this role, considering Summit's unique economic conditions.
Salary Range and Experience Levels
Entry-level physical therapist professionals in Summit can expect to earn around $121,901 annually. As professionals gain experience, salaries typically increase, with senior-level physical therapists earning approximately $245,768 per year. This represents a 102% increase from entry to senior level.
Cost of Living Adjustment
Summit's cost of living index of 148 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Summit 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 Summit typically goes toward housing. With a 1-bedroom apartment averaging $2,100 per month, housing represents about 13.9% 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 Summit, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.