Average Physical Therapists Salary in Richmond, VA
Physical Therapists in Richmond, VA, earn an average annual salary of $102,120, a figure that closely mirrors the national average of $102,240. This slight parity suggests that while Richmond offers competitive compensation, the specific economic drivers within the state and local healthcare market are finely tuned to national benchmarks. Factors such as demand for specialized rehabilitation services and the presence of major healthcare systems likely contribute to this equilibrium.
Executive Summary
- Average Salary: $102,120 per year.
- Growth Trend: Salaries have shifted 1.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,510.
- Outlook: Richmond, VA, hosts a dedicated workforce of 1,160 Physical Therapists, indicating a stable and established presence in the healthcare sector. With a Location Quotient of 1.1, the concentration of these professionals in Richmond is slightly higher than the national average, suggesting a robust demand and a potentially favorable job market for skilled therapists. The rate of 1.771 jobs per 1,000 workers further underscores the consistent need for physical therapy services within the region.
Salary Overview
The average Physical Therapists in Richmond, VA earns-0.1%below the national average.
$49.1
$1,964
$8,510
Physical Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Physical Therapists in Richmond, VA, have experienced steady growth over the past four years, aligning with national trends. Increased awareness of the benefits of physical therapy, an aging population requiring rehabilitation services, and advancements in treatment modalities have collectively driven up demand and, consequently, compensation for qualified professionals in this field.
Physical Therapists Salary Distribution in Richmond, VA
The career trajectory for Physical Therapists in Richmond, VA, typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as therapists gain specialized skills, certifications, and years of practice, their earning potential escalates considerably. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, clearly signifies the value placed on expertise and long-term commitment within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $76,480 | $36.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $76,590 | $36.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $100,990 | $48.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $127,650 | $61.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $126,510 | $60.8 |
Detailed Physical Therapists Market Analysis
Relocation Context
Nominal Salary
$102,120
Gross Pay
Real Wage (Purchasing Power)
$102,120
Adjusted for COL (100)
The average annual salary of $102,120 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's salary in Richmond is equivalent to the national standard, offering a stable financial outlook without the immediate pressures of a significantly higher or lower cost of living.
Job Market Context
1,160
Total Jobs
1.771
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Richmond, VA has a slightly higher-than-average concentration of Physical Therapists roles compared to the national norm.
With a Location Quotient of 1.1, Richmond, VA, exhibits a slightly higher concentration of Physical Therapists compared to the national average. This suggests that while the market is not oversaturated, there is a healthy and perhaps growing demand for these specialists. The job market is likely competitive, but opportunities for skilled and experienced Physical Therapists remain favorable, indicating a well-established professional community.
Nearby Job Markets
Nearby Cities for Physical Therapists
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Physical Therapists Salary | $107,410↑ 5% | 41 mi |
| Northern West Virginia nonmetropolitan area Physical Therapists Salary | $97,960↓ 4% | 41 mi |
| Southwest Virginia nonmetropolitan area Physical Therapists Salary | $103,470↑ 1% | 41 mi |
| Northwest Virginia nonmetropolitan area Physical Therapists Salary | $102,080↓ 0% | 41 mi |
| Southern West Virginia nonmetropolitan area Physical Therapists Salary | $94,180↓ 8% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Physical Therapistss?
Frequently Asked Questions
How much does a Physical Therapists make in Richmond, VA?
The median annual salary for a Physical Therapists in Richmond, VA is $102,120. This typically ranges from $76,480 for entry-level positions to $126,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 0.1% lower than the national median of $102,240.
Is Richmond, VA a lucrative place for Physical Therapists?
Yes, Richmond, VA offers lucrative opportunities for Physical Therapists.The average salary of $102,120 is on par with the national average, and the cost of living is also at the national average, indicating strong purchasing power. Furthermore, a Location Quotient of 1.1 suggests a healthy demand for the profession.
Is Richmond, VA a good place to live for Physical Therapists?
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 ($107,410) and Northern West Virginia nonmetropolitan area.
How does the Physical Therapist salary in Richmond compare to the national average?
The average annual salary for Physical Therapists in Richmond, VA, is $102,120, which is very close to the national average of $102,240, indicating comparable earning potential.
What is the job market like for Physical Therapists in Richmond, VA?
The job market appears robust, with a slightly higher concentration of Physical Therapists (LQ of 1.1) than the national average, suggesting consistent demand and opportunities.
Does the cost of living in Richmond affect the value of a Physical Therapist's salary?
No, the cost of living in Richmond is exactly at the national average (index of 100), meaning the $102,120 salary offers purchasing power equivalent to the national standard.
How many Physical Therapists are employed in Richmond, VA?
Richmond, VA, has a local workforce of 1,160 Physical Therapists, indicating a significant presence in the healthcare sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,160 employees in the Richmond, VA area with a job density of 1.771 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physical Therapists • Data source: BLS OEWS 2024 •Jobs in Richmond, VA