Average Respiratory Therapists Salary in Madison, WI
Respiratory Therapists in Madison, WI, earn an average annual salary of $79,510. This figure is slightly below the national average of $84,540, indicating localized market dynamics. Factors such as the specific healthcare needs of the region and the local demand for these specialized professionals likely influence this compensation.
Executive Summary
- Average Salary: $79,510 per year.
- Growth Trend: Salaries have shifted 19.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,940.
- Outlook: The job market for Respiratory Therapists in Madison, WI, appears stable, with a total local workforce of 340 professionals. A Location Quotient of 0.96 suggests that the concentration of these roles in Madison is very close to the national average, implying a consistent, albeit not exceptionally high, demand for their services within the area.
Salary Overview
The average Respiratory Therapists in Madison, WI earns-5.9%below the national average.
$38.2
$1,529
$6,626
Respiratory Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Respiratory Therapists in Madison, WI, have experienced growth over the past four years, mirroring national trends. Economic factors and increasing healthcare demands generally contribute to upward salary adjustments for skilled medical professionals.
Respiratory Therapists Salary Distribution in Madison, WI
The career trajectory for a Respiratory Therapist typically involves salary increases with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior therapists with specialized skills and extensive experience can expect to earn significantly more, potentially reaching the higher percentiles of the salary range. These percentile gaps are indicative of the career progression and increased responsibility associated with seniority.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $67,450 | $32.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $59,633 | $28.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $81,690 | $39.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $99,388 | $47.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $94,940 | $45.6 |
Detailed Respiratory Therapists Market Analysis
Relocation Context
Nominal Salary
$79,510
Gross Pay
Real Wage (Purchasing Power)
$79,510
Adjusted for COL (100)
With an average annual salary of $79,510 and a Cost of Living Index of 100, Respiratory Therapists in Madison, WI, find their earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Madison is comparable to the national average, offering a balanced financial environment for professionals relocating to or residing in the city.
Job Market Context
340
Total Jobs
0.85
Per 1K Jobs
0.96
Location Quotient
Madison, WI has 0.96x the national average concentration of Respiratory Therapists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.96 for Respiratory Therapists in Madison, WI, indicates a job market that is nearly on par with the national average in terms of concentration. This suggests a healthy and competitive environment where the number of available positions closely matches the number of professionals, ensuring steady employment opportunities without an oversupply or significant undersupply.
Nearby Job Markets
Nearby Cities for Respiratory Therapists
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Respiratory Therapists Salary | $81,520↑ 3% | 33 mi |
| Rockford, IL Respiratory Therapists Salary | $76,840↓ 3% | 59 mi |
| Milwaukee-Waukesha, WI Respiratory Therapists Salary | $86,050↑ 8% | 72 mi |
Comparing salaries near Madison, WI
Hiring Respiratory Therapistss?
Frequently Asked Questions
How much does a Respiratory Therapists make in Madison, WI?
The median annual salary for a Respiratory Therapists in Madison, WI is $79,510. This typically ranges from $67,450 for entry-level positions to $94,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 5.9% lower than the national median of $84,540.
Is Madison, WI a lucrative place for Respiratory Therapists?
Yes, Madison, WI offers a balanced earning potential for Respiratory Therapists.Respiratory Therapists in Madison earn $79,510, which aligns with the national average cost of living. While slightly below the national salary average, the stable job market and cost of living provide a good financial standing.
Is Madison, WI a good place to live for Respiratory Therapists?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($81,520) and Rockford, IL.
How does the Madison, WI salary compare to the national average?
The average annual salary for Respiratory Therapists in Madison, WI is $79,510, which is slightly lower than the national average of $84,540.
What is the concentration of Respiratory Therapists in Madison, WI?
Madison, WI has a Location Quotient of 0.96 for Respiratory Therapists, indicating a concentration very close to the national average.
How does the cost of living affect the Respiratory Therapist salary in Madison, WI?
The Cost of Living Index in Madison, WI is 100, which is the national average. This means the $79,510 salary has purchasing power equivalent to the national average.
What is the total number of Respiratory Therapists in Madison, WI?
There are approximately 340 Respiratory Therapists employed in the Madison, WI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Madison, WI area with a job density of 0.85 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 Madison, WI