Physical Therapist · New Jersey · SOC 29-1123
New Jersey Physical Therapist Salary — 2026 BLS + BEA RPP
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-05.
TL;DR
- Median PT salary in New Jersey: $106,310 nominal, $97,585 real (BEA RPP basis).
- P25-P75 spread runs $90,650 to $125,830; P10 floor $80,220, P90 ceiling $138,640.
- Cost adjustment is small — neither an arbitrage state nor a high-cost penalty.
- On a real-wage basis, this state sits at #42 of 51; nominal rank is #3.
- New Jersey is a PT Compact member: cross-state practice via Compact Privilege rather than full re-licensure.
Wage breakdown — New Jersey
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $80,220 | $73,636 |
| P25 (lower quartile) | $90,650 | $83,210 |
| P50 (median) | $106,310 | $97,585 |
| P75 (upper quartile) | $125,830 | $115,503 |
| P90 (top tier) | $138,640 | $127,262 |
| Mean | $109,470 | $100,486 |
| Employment | 7,760 PTs in New Jersey | |
Cost of living — BEA Regional Price Parity
| Component | New Jersey index (US = 100) |
|---|---|
| All-items RPP | 108.9 |
| Goods | 105.8 |
| Services | 114.8 |
| Rents | 134.1 |
New Jersey is a high-cost state — RPP 108.9 above the national 100 baseline. Most of the cost premium routes through rents (134.1) and services (114.8).
After-tax take-home — New Jersey (2024 BLS · 2024 tax year, single filer)
Layer-by-layer take-home math at the BLS median
| Layer | Amount | Note |
|---|---|---|
| Gross BLS P50 (PT) | $106,310 | nominal median |
| Federal income tax | −$14,635 | 13.8% effective; std deduction $15,750 applied |
| State income tax | −$4,646 | 1.4–10.75% (graduated) |
| FICA (SS 6.2% + Medicare 1.45%) | −$8,133 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $78,896 | 74.2% of gross |
| Real take-home (RPP-adjusted) | $72,421 | ÷ (108.9 / 100) BEA cost-of-living |
What the New Jersey state-tax burden means for PT take-home
Mid-band state-tax burden at 4.4% effective. Combined with federal and FICA, take-home is $78,896 (74.2% of gross). After the 108.9 RPP, real take-home is $72,421.
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. New Jersey sits at #3 on nominal pay and #42 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, New Jersey falls 39 positions — the cost premium eats into the headline wage.
Licensure — New Jersey (PT Compact)
New Jersey participates in the Physical Therapy Compact, with effective participation since 2019. PTs and PTAs with a Compact Privilege issued from another member state may practice in New Jersey without separately applying for a New Jersey license. New Jersey 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.
New Jersey has been a Compact participant for 7 years as of 2026, putting it in the established middle tier — most major hospital systems and travel agencies in New Jersey have updated their credentialing workflows to accept Compact licenses by default.
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 New Jersey?
- BLS reports a median annual wage of $106,310 for PTs in New Jersey as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $90,650 and the 75th-percentile is $125,830.
- How are New Jersey 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 New Jersey?
- The 90th percentile lands at $138,640. 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 $125,830.
- Why is the BEA RPP for New Jersey different from a single CPI number?
- BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. New Jersey's overall index of 108.9 reflects rents 134.1, services 114.8, and goods 105.8.
- Is New Jersey a 'real-wage arbitrage' state for PTs?
- No — New Jersey's RPP is close to the national 100 baseline, so nominal and real wages move roughly together. Neither an arbitrage nor a penalty state.
- Should I negotiate based on the BLS median for New Jersey?
- The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within New Jersey.
- 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.
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 New Jersey 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.