In Indianapolis, IN, Physical Therapists earn a median of $102,500 a year — about 2% above the U.S. median of $100,440. Among the 50 metros tracked here for this role, that ranks #20.
What that pay is worth in Indianapolis
Local prices run 96 on the BEA cost-of-living index (U.S. = 100), so a $99,500 salary stretches further than the sticker number — about $103,975 in national-average buying power.
Can Physical Therapists afford a home in Indianapolis?
A typical Indianapolis home runs about $207,000 — 2.1 times the average Physical Therapist salary, very affordable against the classic 3x rule of thumb. Median rent near $1,112/mo takes roughly 13% of gross pay — within the 30% comfort line.
The Physical Therapist pay ladder in Indianapolis
Entry-level (10th percentile) Physical Therapists earn about $66,760; the top 10% reach $124,340 — a $57,580 spread, moderate for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.
The Physical Therapist job market in Indianapolis
Indianapolis employs roughly 1,920 Physical Therapists. It’s a sizable local market to build a career in.
Compare Indianapolis with other cities
See the full Physical Therapist salary by city ranking to weigh Indianapolis against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.
Frequently asked questions
How much do Physical Therapists make in Indianapolis?
The average Physical Therapist in Indianapolis, IN earns about $99,500 per year, 0.9% below the national average of $100,440.
What is the take-home pay for Physical Therapists in Indianapolis after taxes?
After federal and IN taxes, this $99,500 salary is worth about $75,893 a year - roughly $6,324 a month in take-home pay, an effective tax rate near 24%.
What do the highest-paid Physical Therapists earn in Indianapolis?
The top 10% of Physical Therapists in Indianapolis earn about $124,340 a year, versus about $66,760 for the bottom 10%.
Can Physical Therapists afford a home in Indianapolis?
A typical Indianapolis home runs about $207,000 - roughly 2.1x this salary, within reach by the classic 3x rule of thumb.