Physical Therapist Assistant Salary in Hobbs, NM: $64,481 (2026)
Quick Answer:A full-time physical therapist assistant in Hobbs, NM earns a median $64,481/year (≈ $31.00/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 31-2021). Once you factor in Hobbs's price level (6% below national, BEA RPP 94.4), that paycheck buys what $68,306 would nationally. Nominal pay sits 2.8% below the New Mexico state average.
Based on BLS state-level estimates · View source
In Hobbs, New Mexico, the projected median annual salary for a physical therapist assistant is estimated to be $64,481 in 2026, which is notably lower than the national median of $70,247. The salary range in this market spans from $44,262 at the 10th percentile to $83,850 at the 90th percentile, reflecting the variance in experience, setting, and productivity expectations. Factors impacting compensation include the type of facility, such as outpatient clinics versus skilled nursing facilities, and the legislative changes affecting Medicare reimbursements. With the job market employing only nine physical therapist assistants locally, competitive pressure in this tight market may affect salary negotiations.
About the Hobbs Market
Salary estimated from New Mexico average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $44,262 | $21.28 |
| Lower Range (P25) | $59,119 | $28.43 |
| Median (P50)(typical) | $64,481 | $31.00 |
| Upper Range (P75) | $74,556 | $35.84 |
| Top Earners (P90) | $83,850 | $40.31 |
Median Salary Position
8.21% below the national average
2026 Salary Percentile Distribution in Hobbs
In Hobbs, NM, the physical therapist assistant salary spread from the 10th to 90th percentile is $39,588 (2026 est.). At $64,481, the local median is 8.21% below the national median of $70,247.
Salary Calculator
At 40 hours/week in Hobbs: You'd be above the median
How Hobbs Physical Therapist Assistant Pay Compares
Hobbs median: $64,481/year (2026)
| Compared To | Median Salary | Hobbs Pays |
|---|---|---|
| New Mexico Average | $66,338 | -2.80% less |
| National Average | $70,247 | -8.21% less |
Physical Therapist Assistants in Hobbs, NM earn a median of $64,481 per year (2026 est.), which is 8.21% lower than the national median of $70,247 and 2.80% below the New Mexico state average of $66,338.
Cost-of-Living Adjusted Salary
Hobbs has a cost of living 5.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hobbs, NM has a cost-of-living index of 94.4 (below the national average of 100). A physical therapist assistant earning $64,481 nominally has purchasing power equivalent to $68,306 in an average-cost city — an effective 5.93% boost.
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2019 BLS Actual
$53,964
2025 BLS Actual
$62,767
2026 Current Est.
$64,481
2019–2027 Growth
+22.8%
Salary Trajectory for Physical Therapist Assistants in Hobbs (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.73% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $53,964 | Actual |
| 2020 | $54,864 | Actual |
| 2021 | $56,158 | Actual |
| 2022 | $57,617 | Actual |
| 2023 | $58,820 | Actual |
| 2024 | $62,418 | Actual |
| 2025 | $62,767 | Actual |
| 2026(current) | $64,481 | Estimated |
| 2027 | $66,241 | Projected |
Based on 7 years of BLS OEWS data for the Hobbs metropolitan area, the median physical therapist assistant salary grew 16.3% from $53,964 (2019) to $62,767 (2025). At a 2.73% compound annual growth rate, salaries are projected to reach $66,241 by 2027 — a total increase of $12,277 (22.75%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hobbs 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 2.73% 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) | $44,262 – $59,119 |
| 3-5 years (Mid Career) | $59,119 – $64,481 |
| 5+ years (Experienced) | $64,481 – $74,556 |
| 10+ years (Top Earner) | $74,556 – $83,850 |
PTA salary ranges estimated from BLS percentile data. Individual physical therapist assistant compensation varies by employer, certifications, and specialization.
Physical Therapist Assistant Job Market in Hobbs
The cost of living in Hobbs is relatively low, indicated by a cost of living index of 94.4, suggesting that while salaries may lag behind national averages, purchasing power could still be advantageous. Outpatient orthopedic clinics typically offer the most competitive pay among local employers, while skilled nursing facilities may not be as lucrative due to the impacts of the 15% Medicare cut on PTA services. Factors contributing to the pay spread include productivity demands and employment settings; hospital environments tend to offer better wages compared to outpatient or SNF roles. For PTAs in Hobbs, maximizing salary potential could involve seeking employment in higher-paying settings, pursuing further education like PTA-to-DPT transfer pathways, or aiming for PRN positions that may provide hourly premiums based on weekend shifts or special programs.
More salary data for Hobbs, NM:
Frequently Asked Questions
How much do physical therapist assistants make in Hobbs, NM in 2026?
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Can physical therapist assistants make $100K in Hobbs?
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Written by Jordan Lee, DPT
Career Analyst
Jordan has 10 years of experience in outpatient physical therapy. They specialize in orthopedic rehabilitation. Jordan 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 $62,767 for physical therapist assistantsin the Hobbs metropolitan area. A 2.73% 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 Hobbs 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 2.73%, derived from historical BLS wage trends for physical therapist assistants (SOC 31-2021).
Compiled and verified by Jordan Lee, DPT, a licensed physical therapist assistant with 10+ years of clinical experience. · View source data at BLS.gov