Skip to main content

Physical Therapist Salary in Minneapolis, MN β€” 2026 Guide

Estimated salaries are adjusted for Minneapolis's cost of living (index: 105). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Physical Therapist Salary in Minneapolis β€” Key Numbers

$104,696
Median Salary
$85,418
25th Percentile
$124,751
75th Percentile
$145,898
90th Percentile
National median (Physical Therapist)$99,710
vs. National median+5.0%
Minneapolis median household income$80,600
vs. City household income+29.9%

Cost of Living in Minneapolis

Cost of Living Index
105(100 = avg)
Median Monthly Rent$1,114/mo
Rent-to-Income Ratio12.8%
Annual rent cost$13,368
Median Home Price$330,000
Home Price / Salary3.2Γ—
20% Down Payment$66,000
Years to save (20% rate)3.2 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Minneapolis

3.3%
Unemployment Rate
3,730,000
Metro Population
25 min
Avg Commute
36.1
Median Age

Minneapolis has a metro population of 3,730,000, offering a large, diverse job market with many employers across all industries. The 3.3% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Frequently Asked Questions

How much does a Physical Therapist make in Minneapolis, MN?

The estimated median salary for a Physical Therapist in Minneapolis is $104,696 per year (2026). This is derived from the national BLS median of $99,710 adjusted by Minneapolis's cost of living index (105). The typical salary range runs from $85,418 (25th percentile) to $124,751 (75th percentile), with top earners reaching $145,898.

Is Minneapolis affordable for a Physical Therapist?

On a $104,696 annual salary, a Physical Therapist in Minneapolis would spend approximately 12.8% of gross monthly income on median rent ($1,114/month). This is well within the 28% affordability threshold, making Minneapolis relatively affordable for this profession. The median home price of $330,000 is 3.2Γ— the annual salary.

How does a Physical Therapist's salary compare to Minneapolis's overall income?

Minneapolis's median household income is $80,600. A Physical Therapist earning the city-adjusted median of $104,696 earns 29.9% more than the typical Minneapolis household β€” placing them solidly in the middle-to-upper income tier for the city.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.