Physical Therapist Salary in Chanhassen, MN: $100,740 (2026)
Quick Answer:A full-time physical therapist in Chanhassen, MN earns a median $100,740/year (≈ $48.43/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1123). Once you factor in Chanhassen's price level (1% below national, BEA RPP 98.5), that paycheck buys what $102,274 would nationally. Nominal pay sits 1.8% below the Minnesota state average.
Based on BLS state-level estimates · View source

In 2026, the landscape for physical therapist salary in Chanhassen, Minnesota reflects a competitive compensation structure, with a median annual salary projected at $100,740. This figure, although slightly below the national median of $105,288, encompasses a salary range that extends from $76,214 at the lower tenth percentile to $127,297 at the upper ninetieth percentile. These estimates, derived from 2025 BLS data and adjusted for regional price parities, underscore the economic pressures in delivering high-quality patient care, where increased expectations for visits per day drive compensation rates. In Chanhassen, the demand for skilled practitioners positions the market for physical therapist pay favorably against the backdrop of a growing population in need of rehabilitation services.
About the Chanhassen Market
Salary estimated from Minnesota average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,214 | $36.64 |
| Lower Range (P25) | $83,705 | $40.25 |
| Median (P50)(typical) | $100,740 | $48.43 |
| Upper Range (P75) | $116,682 | $56.10 |
| Top Earners (P90) | $127,297 | $61.20 |
Median Salary Position
4.32% below the national average
2026 Salary Percentile Distribution in Chanhassen
In Chanhassen, MN, the physical therapist salary spread from the 10th to 90th percentile is $51,083 (2026 est.). At $100,740, the local median is 4.32% below the national median of $105,288.
Salary Calculator
At 40 hours/week in Chanhassen: You'd be in the lower-middle range
How Chanhassen Physical Therapist Pay Compares
Chanhassen median: $100,740/year (2026)
| Compared To | Median Salary | Chanhassen Pays |
|---|---|---|
| Minnesota Average | $102,586 | -1.80% less |
| National Average | $105,288 | -4.32% less |
Physical Therapists in Chanhassen, MN earn a median of $100,740 per year (2026 est.), which is 4.32% lower than the national median of $105,288 and 1.80% below the Minnesota state average of $102,586.
Cost-of-Living Adjusted Salary
Chanhassen has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Chanhassen, MN has a cost-of-living index of 98.5 (below the national average of 100). A physical therapist earning $100,740 nominally has purchasing power equivalent to $102,274 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$85,576
2025 BLS Actual
$98,321
2026 Current Est.
$100,740
2019–2027 Growth
+20.6%
Salary Trajectory for Physical Therapists in Chanhassen (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.46% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $85,576 | Actual |
| 2020 | $87,079 | Actual |
| 2021 | $91,489 | Actual |
| 2022 | $93,499 | Actual |
| 2023 | $95,403 | Actual |
| 2024 | $88,974 | Actual |
| 2025 | $98,321 | Actual |
| 2026(current) | $100,740 | Estimated |
| 2027 | $103,218 | Projected |
Based on 7 years of BLS OEWS data for the Chanhassen metropolitan area, the median physical therapist salary grew 14.9% from $85,576 (2019) to $98,321 (2025). At a 2.46% compound annual growth rate, salaries are projected to reach $103,218 by 2027 — a total increase of $17,642 (20.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Chanhassen metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.46% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $76,214 – $83,705 |
| 3-5 years (Mid Career) | $83,705 – $100,740 |
| 5+ years (Experienced) | $100,740 – $116,682 |
| 10+ years (Top Earner) | $116,682 – $127,297 |
PT salary ranges estimated from BLS percentile data. Individual physical therapist compensation varies by employer, certifications, and specialization.
Physical Therapist Job Market in Chanhassen
With only four employed physical therapists in the Chanhassen area, the market remains niche and relatively selective, which can impact earning potential. The city's cost-of-living index of 98.5 suggests a more favorable buying power compared to national averages, indirectly influencing salaries. Employers in outpatient orthopedic clinics, particularly established chains like Athletico and ATI, often lead in compensation but may offset lower base pay with performance incentives tied to productivity. Factors contributing to salary variances include board specialization such as the OCS or SCS, clinic ownership stakes, and the choice between cash-pay versus insurance reimbursement models. For professionals aspiring to maximize their income in Chanhassen, honing specialized skills and exploring opportunities in both private practices and rehabilitation hospitals may prove advantageous in a competitive job market, especially as the field anticipates a growth rate of 2.46% over the next five years.
More salary data for Chanhassen, MN:
Frequently Asked Questions
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Written by Alex Morgan, DPT
Career Analyst
Alex Morgan has over 10 years of experience in physical therapy. They specialize in orthopedic rehabilitation. Alex works in a private practice setting.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $98,321 for physical therapistsin the Chanhassen metropolitan area. A 2.46% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Chanhassen is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.46%, derived from historical BLS wage trends for physical therapists (SOC 29-1123).
Compiled and verified by Alex Morgan, DPT, a licensed physical therapist with 10+ years of clinical experience. · View source data at BLS.gov