Average Respiratory Therapists Salary in Colorado Springs, CO
Respiratory Therapists in Colorado Springs, CO, can expect an average annual salary of $80,460. This figure is slightly below the national average of $84,540, a common occurrence in areas with a cost of living that matches the national benchmark. Local economic factors and the specific demand within the Colorado Springs healthcare sector play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $80,460 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,480.
- Outlook: The job market for Respiratory Therapists in Colorado Springs appears stable, with a total local workforce of 300 professionals. The location quotient of 1.05 indicates a concentration of these roles that is slightly higher than the national average, suggesting a steady demand for their specialized skills within the community.
Salary Overview
The average Respiratory Therapists in Colorado Springs, CO earns-4.8%below the national average.
$38.7
$1,547
$6,705
Respiratory Therapists Salary Trends (2020-2024)
While specific historical data for Colorado Springs is not provided, it is reasonable to assume that salaries for Respiratory Therapists have seen consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in respiratory care, and inflation typically drive upward salary adjustments for skilled professionals in this field.
Respiratory Therapists Salary Distribution in Colorado Springs, CO
Career progression for Respiratory Therapists in Colorado Springs is typically marked by increasing earning potential. Entry-level positions may start at a lower salary range, while experienced therapists with specialized certifications or supervisory roles can command significantly higher compensation. The percentile gaps in salary reflect this growth, with senior therapists often earning well above the average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $64,120 | $30.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $60,345 | $29 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $80,400 | $38.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $100,575 | $48.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $97,480 | $46.9 |
Detailed Respiratory Therapists Market Analysis
Relocation Context
Nominal Salary
$80,460
Gross Pay
Real Wage (Purchasing Power)
$80,460
Adjusted for COL (100)
With an average annual salary of $80,460 and a cost of living index of 100 (matching the national average), Respiratory Therapists relocating to Colorado Springs will find their purchasing power aligns with national expectations. This means the nominal salary translates effectively to real-world expenses, making it a financially predictable move.
Job Market Context
300
Total Jobs
0.93
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Colorado Springs, CO has a slightly higher-than-average concentration of Respiratory Therapists roles compared to the national norm.
The location quotient of 1.05 for Respiratory Therapists in Colorado Springs suggests a job market that is slightly more concentrated than the national average. This indicates a healthy demand for these professionals, potentially offering a competitive environment for job seekers and employers alike, with opportunities for skilled individuals to find stable employment.
Nearby Job Markets
Nearby Cities for Respiratory Therapists
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Respiratory Therapists Salary | $93,020↑ 16% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Respiratory Therapists Salary | $81,230↑ 1% | 32 mi |
| Pueblo, CO Respiratory Therapists Salary | $78,680↓ 2% | 42 mi |
| Denver-Aurora-Centennial, CO Respiratory Therapists Salary | $82,300↑ 2% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Respiratory Therapistss?
Frequently Asked Questions
How much does a Respiratory Therapists make in Colorado Springs, CO?
The median annual salary for a Respiratory Therapists in Colorado Springs, CO is $80,460. This typically ranges from $64,120 for entry-level positions to $97,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 4.8% lower than the national median of $84,540.
Is Colorado Springs, CO a lucrative place for Respiratory Therapists?
Yes, it offers competitive compensation relative to its cost of living.Respiratory Therapists in Colorado Springs earn an average of $80,460 annually, which aligns with the national average cost of living. This makes the salary quite competitive in practical terms for residents.
Is Colorado Springs, CO a good place to live for Respiratory Therapists?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($93,020) and Eastern and Southern Colorado nonmetropolitan area.
How does the Colorado Springs salary compare to the national average?
The average annual salary for Respiratory Therapists in Colorado Springs is $80,460, which is slightly lower than the national average of $84,540.
What is the concentration of Respiratory Therapists in Colorado Springs?
Colorado Springs has a location quotient of 1.05 for Respiratory Therapists, indicating a slightly higher concentration of these professionals compared to the national average.
What is the cost of living in Colorado Springs compared to the national average?
The cost of living index in Colorado Springs is 100, which is exactly on par with the national average.
How many Respiratory Therapists are there in Colorado Springs?
There are approximately 300 Respiratory Therapists employed in the Colorado Springs area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Colorado Springs, CO area with a job density of 0.93 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Respiratory Therapists • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO