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Average Physical Therapist Assistants Salary in Richmond, VA

Physical Therapist Assistants in Richmond, VA, command an impressive average annual salary of $73,170, significantly exceeding the national average of $67,190. This elevated compensation is often a reflection of the specific healthcare demands and the established professional landscape within the Richmond metropolitan area. Local economic factors and the demand for skilled rehabilitation professionals contribute to this favorable pay scale.

Executive Summary

  • Average Salary: $73,170 per year.
  • Growth Trend: Salaries have shifted 14.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $97,860.
  • Outlook: Richmond, VA, hosts a dedicated workforce of 430 Physical Therapist Assistants, with a location quotient of 0.95 indicating a concentration very close to the national average. This suggests a stable and established job market for these professionals, where demand is consistently met by the available talent pool. The presence of 0.662 jobs per 1,000 workers further underscores a steady employment environment for Physical Therapist Assistants in the region.
2024 Market Data

Salary Overview

$73,170

The average Physical Therapist Assistants in Richmond, VA earns+8.9%above the national average.

BreakdownBased on 40h/week
Hourly

$35.2

Weekly

$1,407

Monthly

$6,098

Physical Therapist Assistants Salary Distribution in Richmond, VA

Career progression for Physical Therapist Assistants in Richmond, VA, is typically marked by a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with several years of experience and specialized skills can expect to earn salaries in the higher percentiles. These percentile gaps clearly signify the value placed on accumulated knowledge and practical application in senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$48,260$23.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$54,878$26.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$75,630$36.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$91,463$44
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$97,860$47

Detailed Physical Therapist Assistants Market Analysis

Relocation Context

Nominal Salary

$73,170

Gross Pay

Real Wage (Purchasing Power)

$73,170

Adjusted for COL (100)

The average annual salary of $73,170 in Richmond, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Physical Therapist Assistant's salary in Richmond is equivalent to the national standard, offering a balanced lifestyle without the financial strain of a high cost of living or the reduced value associated with a low cost of living.

Job Market Context

430

Total Jobs

0.662

Per 1K Jobs

0.95

Location Quotient

Below Average

Richmond, VA has 0.95x the national average concentration of Physical Therapist Assistants jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.95, the job market for Physical Therapist Assistants in Richmond, VA, is nearly on par with the national average in terms of concentration. This suggests a healthy, competitive market where opportunities exist without being overly saturated, and demand is stable. Employers are likely seeking qualified candidates, but the market is not characterized by an extreme shortage or surplus of professionals.

Nearby Job Markets

Frequently Asked Questions

How much does a Physical Therapist Assistants make in Richmond, VA?

The median annual salary for a Physical Therapist Assistants in Richmond, VA is $73,170. This typically ranges from $48,260 for entry-level positions to $97,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 8.9% higher than the national median of $67,190.

Is Richmond, VA a lucrative place for Physical Therapist Assistants?

Yes, Richmond, VA offers a lucrative environment for Physical Therapist Assistants.The average salary of $73,170 is notably higher than the national average, and the cost of living is exactly at the national average, providing excellent purchasing power.

Is Richmond, VA a good place to live for Physical Therapist Assistants?

The Cost of Living Index in Richmond, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Richmond, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($71,900) and Northern West Virginia nonmetropolitan area.

How does the salary for Physical Therapist Assistants in Richmond compare to the national average?

Physical Therapist Assistants in Richmond, VA, earn an average of $73,170 annually, which is $5,980 more than the national average of $67,190.

What is the concentration of Physical Therapist Assistants in Richmond, VA?

The concentration, measured by the Location Quotient, is 0.95, indicating that the presence of Physical Therapist Assistants in Richmond is very close to the national average.

How does the cost of living in Richmond affect the salary?

Richmond's Cost of Living Index is 100, meaning it matches the national average. Therefore, the $73,170 salary has the same purchasing power as the national average salary.

What is the total number of Physical Therapist Assistants employed in Richmond, VA?

There are approximately 430 Physical Therapist Assistants employed in the Richmond, VA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Richmond, VA area with a job density of 0.662 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.