Average Respiratory Therapists Salary in Memphis, TN-MS-AR
Respiratory Therapists in the Memphis, TN-MS-AR area earn an average annual salary of $67,380. This figure is notably below the national average of $84,540, suggesting local market dynamics and potentially lower demand or a different compensation structure compared to other regions. The specific economic conditions and healthcare needs within the tri-state area likely influence this localized pay scale.
Executive Summary
- Average Salary: $67,380 per year.
- Growth Trend: Salaries have shifted 20.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,490.
- Outlook: With a total local workforce of 560 Respiratory Therapists, the Memphis area demonstrates a stable, albeit not exceptionally large, professional community. The Location Quotient of 1.01 indicates that the concentration of these professionals in Memphis is very close to the national average, suggesting a balanced demand and supply for their services. This signifies a steady job market where opportunities are likely consistent with national trends.
Salary Overview
The average Respiratory Therapists in Memphis, TN-MS-AR earns-20.3%below the national average.
$32.4
$1,296
$5,615
Respiratory Therapists Salary Trends (2020-2024)
While specific historical data for Memphis is not provided, it's reasonable to assume that salaries for Respiratory Therapists in the region have experienced gradual growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in respiratory care, and inflation would typically drive a modest upward trajectory in compensation, reflecting the evolving value of these essential healthcare professionals.
Respiratory Therapists Salary Distribution in Memphis, TN-MS-AR
The salary progression for Respiratory Therapists in Memphis, TN-MS-AR typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries, potentially reaching into the upper percentiles. These percentile gaps highlight the career advancement opportunities and the financial rewards associated with accumulating expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $52,630 | $25.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $50,535 | $24.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $63,760 | $30.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $84,225 | $40.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $78,490 | $37.7 |
Detailed Respiratory Therapists Market Analysis
Relocation Context
Nominal Salary
$67,380
Gross Pay
Real Wage (Purchasing Power)
$67,380
Adjusted for COL (100)
The average annual salary of $67,380 for Respiratory Therapists in Memphis aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial footing for professionals considering relocation to or residing in the area.
Job Market Context
560
Total Jobs
0.895
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Respiratory Therapists roles compared to the national norm.
A Location Quotient of 1.01 for Respiratory Therapists in Memphis, TN-MS-AR signifies that the density of these professionals in the area is almost identical to the national average. This suggests a competitive yet stable job market, where the number of available positions is closely matched by the number of qualified practitioners, indicating neither a significant surplus nor a pronounced shortage.
Nearby Job Markets
Nearby Cities for Respiratory Therapists
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Respiratory Therapists Salary | $62,370↓ 7% | 64 mi |
| Jackson, TN Respiratory Therapists Salary | $60,040↓ 11% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Respiratory Therapistss?
Frequently Asked Questions
How much does a Respiratory Therapists make in Memphis, TN-MS-AR?
The median annual salary for a Respiratory Therapists in Memphis, TN-MS-AR is $67,380. This typically ranges from $52,630 for entry-level positions to $78,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 20.3% lower than the national median of $84,540.
Is Memphis, TN-MS-AR a lucrative place for Respiratory Therapists?
No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary of $67,380 is substantially lower than the national average of $84,540, indicating less financial advantage.
Is Memphis, TN-MS-AR a good place to live for Respiratory Therapists?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($62,370) and Jackson, TN.
How does the Memphis Respiratory Therapist salary compare to the national average?
The average annual salary for Respiratory Therapists in Memphis is $67,380, which is considerably lower than the national average of $84,540.
What is the concentration of Respiratory Therapists in Memphis?
The concentration, measured by the Location Quotient, is 1.01, indicating that the number of Respiratory Therapists per worker in Memphis is very close to the national average.
How does the cost of living in Memphis affect the Respiratory Therapist salary?
The cost of living in Memphis is exactly at the national average (100), meaning the $67,380 salary has average purchasing power locally, neither significantly enhanced nor diminished by living expenses.
What does the job market look like for Respiratory Therapists in Memphis?
The job market appears stable, with a workforce size of 560 and a concentration (LQ) very near the national average, suggesting consistent demand without extreme shortages or surpluses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Memphis, TN-MS-AR area with a job density of 0.895 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 Memphis, TN-MS-AR