Average Respiratory Therapists Salary in Richmond, VA
Respiratory Therapists in Richmond, VA, earn an average annual salary of $80,550. This figure is slightly below the national average of $84,540, a common occurrence where local market dynamics and demand influence compensation. Factors such as the specific healthcare needs of the Richmond area and the overall supply of qualified professionals play a significant role in setting this pay scale.
Executive Summary
- Average Salary: $80,550 per year.
- Growth Trend: Salaries have shifted 24.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,540.
- Outlook: Richmond, VA, supports a local workforce of 560 Respiratory Therapists, with a jobs-per-1,000-workers rate of 0.861. The Location Quotient of 0.97 indicates that the concentration of these professionals in Richmond is very close to the national average, suggesting a stable and consistent demand for their services within the region's healthcare sector.
Salary Overview
The average Respiratory Therapists in Richmond, VA earns-4.7%below the national average.
$38.7
$1,549
$6,713
Respiratory Therapists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Respiratory Therapists in Richmond, VA, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare needs, advancements in respiratory care, and a persistent demand for skilled professionals in the field.
Respiratory Therapists Salary Distribution in Richmond, VA
The salary trajectory for Respiratory Therapists in Richmond, VA, typically scales with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. These percentile gaps clearly signify career progression and the increasing value placed on expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $52,120 | $25.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $60,413 | $29 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $80,070 | $38.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $100,688 | $48.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $94,540 | $45.5 |
Detailed Respiratory Therapists Market Analysis
Relocation Context
Nominal Salary
$80,550
Gross Pay
Real Wage (Purchasing Power)
$80,550
Adjusted for COL (100)
With an average annual salary of $80,550 and a Cost of Living Index of 100 (matching the national average), Respiratory Therapists in Richmond, VA, find their nominal earnings align directly with the cost of living. This means that the purchasing power of their salary in Richmond is comparable to the national average, offering a stable financial environment for professionals.
Job Market Context
560
Total Jobs
0.861
Per 1K Jobs
0.97
Location Quotient
Richmond, VA has 0.97x 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 0.97 for Respiratory Therapists in Richmond, VA, suggests a job market that is nearly on par with the national average in terms of concentration. This indicates a healthy, competitive market where the supply of professionals closely matches the demand, without significant over- or under-supply.
Nearby Job Markets
Nearby Cities for Respiratory Therapists
| City | Salary | Dist. |
|---|---|---|
| Northern West Virginia nonmetropolitan area Respiratory Therapists Salary | $64,670↓ 20% | 41 mi |
| Southwest Virginia nonmetropolitan area Respiratory Therapists Salary | $57,220↓ 29% | 41 mi |
| Northwest Virginia nonmetropolitan area Respiratory Therapists Salary | $71,550↓ 11% | 41 mi |
| Southern West Virginia nonmetropolitan area Respiratory Therapists Salary | $62,450↓ 22% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Respiratory Therapistss?
Frequently Asked Questions
How much does a Respiratory Therapists make in Richmond, VA?
The median annual salary for a Respiratory Therapists in Richmond, VA is $80,550. This typically ranges from $52,120 for entry-level positions to $94,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 4.7% lower than the national median of $84,540.
Is Richmond, VA a lucrative place for Respiratory Therapists?
Yes, Richmond, VA offers a competitive earning potential for Respiratory Therapists.The average salary of $80,550 is strong, and with a Cost of Living Index of 100, the purchasing power of this salary is equivalent to the national average, making it a financially stable location.
Is Richmond, VA a good place to live for Respiratory 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 Northern West Virginia nonmetropolitan area ($64,670) and Southwest Virginia nonmetropolitan area.
How does the Richmond, VA salary compare to the national average?
The average annual salary for Respiratory Therapists in Richmond, VA, is $80,550, which is slightly lower than the national average of $84,540.
What is the concentration of Respiratory Therapists in Richmond, VA?
Richmond, VA has a Location Quotient of 0.97 for Respiratory Therapists, indicating a concentration very close to the national average.
How does experience affect a Respiratory Therapist's salary in Richmond, VA?
Experience significantly impacts salary, with entry-level therapists earning less and senior therapists with specialized skills commanding higher salaries, reflecting career progression.
Is the job market for Respiratory Therapists saturated in Richmond, VA?
With a Location Quotient of 0.97, the market is not considered saturated; the concentration of Respiratory Therapists is balanced with demand, suggesting a stable job market.
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 Richmond, VA area with a job density of 0.861 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 Richmond, VA