Physical Therapist · Colorado · SOC 29-1123
2026 Physical Therapist Pay in Colorado: BLS Median + Real Take-Home
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-05.
TL;DR
- Colorado pays PTs a BLS median of $100,240 — the more useful number is $98,413, what that paycheck buys after rent and services.
- Mid-band cost of living: real and nominal wage are within a few percent of each other.
- Quartile range $82,920 (bottom 25%) to $113,050 (top 25%); the P10-P90 envelope is $70,070 to $127,870.
- Colorado is a PT Compact member: cross-state practice via Compact Privilege rather than full re-licensure.
- Nominal: #26/51 · Real: #40/51 — ranking shifts by 14 positions after RPP.
Wage breakdown — Colorado
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $70,070 | $68,793 |
| P25 (lower quartile) | $82,920 | $81,409 |
| P50 (median) | $100,240 | $98,413 |
| P75 (upper quartile) | $113,050 | $110,990 |
| P90 (top tier) | $127,870 | $125,540 |
| Mean | $100,430 | $98,600 |
| Employment | 5,430 PTs in Colorado | |
Cost of living — BEA Regional Price Parity
| Component | Colorado index (US = 100) |
|---|---|
| All-items RPP | 101.9 |
| Goods | 99.2 |
| Services | 86.8 |
| Rents | 130.5 |
Colorado's overall RPP (101.9) is close to the national 100 baseline; nominal and real wage move roughly together.
After-tax take-home — Colorado (2024 BLS · 2024 tax year, single filer)
Layer-by-layer take-home math at the BLS median
| Layer | Amount | Note |
|---|---|---|
| Gross BLS P50 (PT) | $100,240 | nominal median |
| Federal income tax | −$13,300 | 13.3% effective; std deduction $15,750 applied |
| State income tax | −$3,718 | 4.4% flat (2026) |
| FICA (SS 6.2% + Medicare 1.45%) | −$7,668 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $75,554 | 75.4% of gross |
| Real take-home (RPP-adjusted) | $74,178 | ÷ (101.9 / 100) BEA cost-of-living |
What the Colorado state-tax burden means for PT take-home
Mid-band state-tax burden at 3.7% effective. Combined with federal and FICA, take-home is $75,554 (75.4% of gross). After the 101.9 RPP, real take-home is $74,178.
Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).
National context
Across the United States, BLS reports a national median of $101,020 for PTs with mean pay of $102,400 and total employment of 248,630. Colorado sits at #26 on nominal pay and #40 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Colorado falls 14 positions — the cost premium eats into the headline wage.
Licensure — Colorado (PT Compact)
Colorado participates in the Physical Therapy Compact, with effective participation since 2018. PTs and PTAs with a Compact Privilege issued from another member state may practice in Colorado without separately applying for a Colorado license. Colorado Compact Privilege fees are typically $45 per state per 1-year cycle (vs. $200–$400 + 60–90 days for traditional endorsement), making it the dominant pathway for travel PTs and multi-state telehealth practices.
Colorado has been a Compact participant for 8 years as of 2026, putting it among the long-tenured members where the Compact pathway is the established norm at most employers and travel agencies.
Source: ptcompact.org state status — re-synced quarterly. See PT Compact reciprocity hub for the cross-state matrix and changelog for status changes.
Frequently asked questions
- How much does a PT make in Colorado?
- BLS reports a median annual wage of $100,240 for PTs in Colorado as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $82,920 and the 75th-percentile is $113,050.
- What is the real (cost-adjusted) PT salary in Colorado?
- After BEA RPP adjustment (regional price parity index 101.9 for Colorado), the real-wage equivalent is $98,413 — what the $100,240 nominal salary actually buys. Quartiles in real terms: $81,409 to $110,990.
- How are Colorado PT salaries calculated on this page?
- Nominal wages come from BLS Occupational Employment and Wage Statistics (OES) — annual employer surveys, May 2026 reference period. Real-wage figures use BEA Regional Price Parities (2023 vintage) to adjust for state-level cost of living. No self-report or jobs-board data is mixed in.
- What does the top of the PT pay scale look like in Colorado?
- The 90th percentile lands at $127,870. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $113,050.
- What are the limits of these PT salary numbers?
- BLS OES is an employer survey of W-2 wages — it excludes contractor pay, bonuses outside the base wage definition, equity compensation, and tip income. Self-employed practitioners and gig workers are not represented. For occupations with significant non-W-2 income, the BLS figure is a floor, not a complete picture.
- When does this data update?
- BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.
- How much can a travel PT earn in Colorado?
- Travel-PT weekly contracts in {state} typically run $1,800-$2,800 per week including stipends, depending on demand and metro. Annualized, that's well above the staff PT median, but the comparison must net out housing-stipend tax treatment, lack of benefits, and 401(k) accrual.
Sources & methodology
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 29-1123, 2024 reference period.
- U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
- Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
- See the methodology page for full computation details and limitations.
Cross-comparison: see how Colorado PT pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.