Physical Therapist Salary After Tax in Minnesota (2026)

Median wage: $98,870/year → Take-home: $72,750/year ($6,063/mo)

Full Tax Breakdown — $98,870 in Minnesota

Annual Take-Home$72,750After all taxes

Monthly$6,063Net per month

Bi-Weekly$2,798Every 2 weeks

Effective Tax Rate26.4%Fed + state + FICA + levies

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$435/yr in state payroll deductions beyond income tax and FICA — Minnesota Paid Leave ($435). Mandatory and withheld from every paycheck.

Where Your Money Goes

26.4%effective rate

Take-Home$72,75073.6%

Federal Tax$12,92113.1%

State & Local Tax$5,2005.3%

FICA$7,5647.7%

MN Paid Leave$4350.4%

Federal Tax Brackets

10%

$1,240

12%

$4,560

22%

$7,121

Affordability Snapshot

Based on your $6,063/mo take-home — 50/30/20 rule

Needs (50%)$3,031/mo

Rent, groceries, utilities, transport

Wants (30%)$1,819/mo

Dining, entertainment, hobbies

Savings (20%)$1,213/mo

401k, emergency fund, investments

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Recommended Max Rent

$1,819/mo

30% of monthly take-home — the commonly recommended housing cost ceiling.

Annual Savings Potential

$14,550

Daily Take-Home

$280

Paycheck Breakdown

All figures in USD

Item	Annual	Monthly	Bi-Weekly	Weekly	Daily	Hourly
Gross Pay	$98,870	$8,239	$3,803	$1,901	$380	$48
Federal Income Tax	−$12,921	−$1,077	−$497	−$248	−$50	−$6
State Income Tax	−$5,200	−$433	−$200	−$100	−$20	−$3
Social Security	−$6,130	−$511	−$236	−$118	−$24	−$3
Medicare	−$1,434	−$119	−$55	−$28	−$6	−$1
MN Paid Leave	−$435	−$36	−$17	−$8	−$2	−$0
Total Taxes	−$26,120	−$2,177	−$1,005	−$502	−$100	−$13
Take-Home Pay	$72,750	$6,063	$2,798	$1,399	$280	$35

Federal Rate

13.1%

State Rate

5.7%

Total Rate

26.4%

State-by-State Comparison

Same $98,870 salary across popular states

State	Take-Home	Total Tax	Eff. Rate
TXTexasNo Tax	$78,385	$20,485	20.7%
FLFloridaNo Tax	$78,385	$20,485	20.7%
NVNevadaNo Tax	$78,385	$20,485	20.7%
WAWashingtonNo Tax	$77,014 -$1,371	$21,856 -$1,371/yr	22.1%
OHOhio	$76,448 -$1,937	$22,422 -$1,937/yr	22.7%
PAPennsylvania	$75,281 -$3,105	$23,589 -$3,105/yr	23.9%
ILIllinois	$73,636 -$4,749	$25,234 -$4,749/yr	25.5%
NYNew York	$73,149 -$5,236	$25,721 -$5,236/yr	26.0%
MNMinnesotaYou	$72,750 -$5,635	$26,120 -$5,635/yr	26.4%
CACalifornia	$71,996 -$6,389	$26,874 -$6,389/yr	27.2%

Ways to Increase Your Take-Home

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A $5,000 401(k) contribution saves $1,440/yr in taxes

Pre-tax 401(k) contributions reduce your federal and state taxable income. Contributing an additional $5,000 would increase your monthly take-home by $417 while building retirement savings.

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Married filing jointly saves $6,681/yr

If you're married, filing jointly gives you a $32,200 standard deduction (vs $16,100 single) and wider tax brackets. This would add $557/month to your take-home.

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Moving to a no-tax state could net $5,635 more per year

States like Texas and Florida have no state income tax. At your salary, moving to Texas would mean $5,635/year more take-home — $470/month — with no change to your gross salary.

Compare states →

Results for $98,870 salary · 2026 tax year

At a Glance

Annual Gross

$98,870

Annual Take-Home

$72,750

Monthly

$6,063

Bi-Weekly

$2,798

Weekly

$1,399

Hourly

$34.97

Federal Income Tax

$12,921

13.1% of gross

State Income Tax

$5,200

5.3% of gross

FICA (SS + Medicare)

$7,564

7.7% of gross

MN Paid Leave

$435

0.4% of gross

What does a Physical Therapist earn after taxes in Minnesota?

The median annual wage for a physical therapist in Minnesota is $98,870 according to BLS data. After federal income tax, FICA, Minnesota state income tax, and Minnesota's MN Paid Leave payroll levy, the estimated take-home is $72,750/year or $6,063/month.

The effective total tax rate is 26.4%. Compared to the national median ($101,020), Minnesota pays below average ($2,150 less/yr).