Physical Therapist · Salary Comparison · 2026
Physical Therapist Salary: Minneapolis, MN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Physical Therapists in Minneapolis, MN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$76,000 vs $84,000
Better Purchasing Power
✓ Minneapolis, MN
$68,468 vs $67,742
Best Take-Home (COL-Adj)
✓ Austin, TX
$58,963 vs $62,594
2
Detailed Comparison
| Metric | Minneapolis, MN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $76,000 | $84,000▲ | -$8,000 |
| 25th Percentile | $58,520 | $64,680▲ | -$6,160 |
| 75th Percentile | $97,280 | $107,520▲ | -$10,240 |
| 90th Percentile | $121,600 | $134,400▲ | -$12,800 |
| Cost of Living Index | 111 | 124 | -13 |
| State Income Tax | 6.8% | 0%▲ | +6.8% |
| COL-Adjusted Median | $68,468▲ | $67,742 | +$726 |
| Est. Annual Take-Home | $65,449 | $77,616▲ | -$12,167 |
| COL-Adj. Take-Home | $58,963 | $62,594▲ | -$3,631 |
| Total Employment | 33,000 | 57,000 | -24,000 |
▲ = Higher value wins for this metric. Diff = Minneapolis, MN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $8,000 more (median: $76,000 vs $84,000). However, after adjusting for cost of living (index 111 vs 124), Minneapolis, MN provides better purchasing power ($68,468 vs $67,742 equivalent). Austin, TX has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.