Physical Therapist Salary in Richmond, IN
How much does a physical therapist make in Richmond? Explore median, entry-level, and senior salaries adjusted for Richmond's cost of living.
Salary Breakdown by Experience Level
See how physical therapist salaries break down across different pay periods in Richmond.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $44,340 | $65,795 | $89,395 |
| Monthly | $3,695 | $5,483 | $7,450 |
| Biweekly | $1,705 | $2,531 | $3,438 |
| Weekly | $853 | $1,265 | $1,719 |
| Hourly | $21 | $32 | $43 |
Richmond vs National Average
How Richmond's physical therapist salaries compare to national figures.
Cost of Living in Richmond
About Physical Therapist
Overview
Help patients recover from injuries and improve mobility through rehabilitation.
Education
Doctor of Physical Therapy (DPT); licensure required
Key Skills
Growth Rate
Expected job growth: +18% over the next decade
Compare Cities: Physical Therapist Salary
See Physical Therapist salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a physical therapist salary in Richmond.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Richmond.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Richmond.
Physical Therapist Salary in Richmond, IN — Complete Guide
Median Salary Overview
The median salary for a physical therapist in Richmond, IN is $65,795 per year, adjusted for the local cost of living index of 76. This figure reflects typical earnings for experienced professionals in this role, considering Richmond's unique economic conditions.
Salary Range and Experience Levels
Entry-level physical therapist professionals in Richmond can expect to earn around $44,340 annually. As professionals gain experience, salaries typically increase, with senior-level physical therapists earning approximately $89,395 per year. This represents a 102% increase from entry to senior level.
Cost of Living Adjustment
Richmond's cost of living index of 76 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Richmond are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $101,850, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a physical therapist's salary in Richmond typically goes toward housing. With a 1-bedroom apartment averaging $600 per month, housing represents about 10.9% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Physical Therapists are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Richmond, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.