Average Respiratory Therapists Salary in Peoria, IL
Respiratory Therapists in Peoria, IL, earn an average annual salary of $74,410. This figure is notably below the national average of $84,540, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. While the nominal salary may seem lower, understanding the local economic context is crucial for a complete picture.
Executive Summary
- Average Salary: $74,410 per year.
- Growth Trend: Salaries have shifted 35.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,980.
- Outlook: Peoria, IL supports a dedicated workforce of 240 Respiratory Therapists, representing 1.452 jobs per 1,000 workers. The Location Quotient of 1.64 indicates a significant concentration of these professionals compared to the national average, pointing to a robust local demand for their specialized skills within the healthcare sector.
Salary Overview
The average Respiratory Therapists in Peoria, IL earns-12.0%below the national average.
$35.8
$1,431
$6,201
Respiratory Therapists Salary Trends (2020-2024)
While specific historical data for Peoria, IL is not provided, it is reasonable to assume that the salaries for Respiratory Therapists in the region have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, technological advancements, and inflation typically drive upward salary adjustments for skilled healthcare professionals.
Respiratory Therapists Salary Distribution in Peoria, IL
The career trajectory for Respiratory Therapists in Peoria, IL, shows a clear progression in earning potential with experience. Entry-level practitioners can expect to earn at the lower end of the salary spectrum, while seasoned professionals with specialized skills and leadership roles command higher compensation. The salary gaps between different experience levels signify ample opportunities for career advancement and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $53,580 | $25.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $55,808 | $26.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $74,480 | $35.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $93,013 | $44.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $88,980 | $42.8 |
Detailed Respiratory Therapists Market Analysis
Relocation Context
Nominal Salary
$74,410
Gross Pay
Real Wage (Purchasing Power)
$74,410
Adjusted for COL (100)
The average annual salary of $74,410 for Respiratory Therapists in Peoria, IL, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Peoria-based Respiratory Therapist's salary is equivalent to that of a therapist in a national average cost-of-living area, making the nominal salary quite competitive in its local context.
Job Market Context
240
Total Jobs
1.452
Per 1K Jobs
1.64
Location Quotient
Peoria, IL has 1.6x the national concentration of Respiratory Therapists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.64, Peoria, IL, demonstrates a higher concentration of Respiratory Therapists than the national average. This suggests a strong and potentially competitive job market where demand for these specialized healthcare providers is elevated relative to other occupations, offering good opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Respiratory Therapists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Respiratory Therapists Salary | $77,990↑ 5% | 39 mi |
| West Central Illinois nonmetropolitan area Respiratory Therapists Salary | $68,670↓ 8% | 43 mi |
| East Central Illinois nonmetropolitan area Respiratory Therapists Salary | $72,900↓ 2% | 43 mi |
| Northwest Illinois nonmetropolitan area Respiratory Therapists Salary | $74,720↑ 0% | 43 mi |
| South Illinois nonmetropolitan area Respiratory Therapists Salary | $73,710↓ 1% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Respiratory Therapistss?
Frequently Asked Questions
How much does a Respiratory Therapists make in Peoria, IL?
The median annual salary for a Respiratory Therapists in Peoria, IL is $74,410. This typically ranges from $53,580 for entry-level positions to $88,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 12.0% lower than the national median of $84,540.
Is Peoria, IL a lucrative place for Respiratory Therapists?
Yes, with a caveat.While the average salary is below the national average, the cost of living is also at the national average, making the purchasing power comparable. The high concentration (LQ of 1.64) indicates strong local demand.
Is Peoria, IL a good place to live for Respiratory Therapists?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($77,990) and West Central Illinois nonmetropolitan area.
How does Peoria's Respiratory Therapist salary compare to the national average?
Respiratory Therapists in Peoria, IL, earn an average of $74,410 annually, which is approximately $10,000 less than the national average of $84,540.
What is the cost of living in Peoria, IL for Respiratory Therapists?
The cost of living in Peoria, IL, is exactly at the national average, with an index of 100. This means your salary in Peoria will have the same purchasing power as it would in a typical U.S. city.
Is there high demand for Respiratory Therapists in Peoria, IL?
Yes, the Location Quotient of 1.64 indicates a significantly higher concentration of Respiratory Therapists in Peoria compared to the national average, suggesting robust local demand.
How many Respiratory Therapists are there in Peoria, IL?
Peoria, IL, has a local workforce of 240 Respiratory Therapists, with 1.452 jobs per 1,000 workers in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Peoria, IL area with a job density of 1.452 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Respiratory Therapists Salaries by State
Top Jobs in Peoria, IL
- All Occupations Salary in Peoria, IL
- Office and Administrative Support Occupations Salary in Peoria, IL
- Production Occupations Salary in Peoria, IL
- Food Preparation and Serving Related Occupations Salary in Peoria, IL
- Transportation and Material Moving Occupations Salary in Peoria, IL
- Healthcare Practitioners and Technical Occupations Salary in Peoria, IL
- Sales and Related Occupations Salary in Peoria, IL
- Management Occupations Salary in Peoria, IL
- Educational Instruction and Library Occupations Salary in Peoria, IL
- Business and Financial Operations Occupations Salary in Peoria, IL
- Browse All Jobs in Peoria, IL →
Semantic Salary Analysis for Respiratory Therapists • Data source: BLS OEWS 2024 •Jobs in Peoria, IL