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Respiratory Therapist Salary in Richmond, VA

How much does a respiratory therapist make in Richmond? Explore median, entry-level, and senior salaries adjusted for Richmond's cost of living.

Median Salary
$80,070
per year in Richmond
Entry Level
$52,987
Starting salary
Senior Level
$109,507
Experienced professionals
Cost of Living
109
9% above national avg

Salary Breakdown by Experience Level

See how respiratory therapist salaries break down across different pay periods in Richmond.

PeriodEntry LevelMedianSenior
Annual$52,987$80,070$109,507
Monthly$4,416$6,673$9,126
Biweekly$2,038$3,080$4,212
Weekly$1,019$1,540$2,106
Hourly$25$38$53

Richmond vs National Average

How Richmond's respiratory therapist salaries compare to national figures.

Richmond Salary
$80,070
COL Index: 109
National Average
$78,040
COL Index: 100
Difference
+$2,030
Higher in Richmond

Cost of Living in Richmond

1-Bedroom Rent
$1,550
per month
Median Income
$57,234
per year
Population
226,610
residents
Rent % of Income
32.5%
median household
Cost of Living Index: 109 — A score of 100 represents the U.S. average. Salaries in Richmond have been adjusted to account for local cost differences.

About Respiratory Therapist

Overview

Treat patients with respiratory conditions and operate breathing equipment.

Education

Associate's degree in Respiratory Therapy; licensure required

Key Skills

Respiratory CarePatient AssessmentEquipment ManagementClinical Skills

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Respiratory Therapist Salary

See Respiratory Therapist salaries in other top cities.

New York, NY
$104,840
+31%
Los Angeles, CA
$101,250
+26%
Chicago, IL
$82,900
+4%
Houston, TX
$77,680
-3%
Phoenix, AZ
$80,750
+1%

Financial Tools to Explore

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Respiratory Therapist Salary in Richmond, VA — Complete Guide

Median Salary Overview

The median salary for a respiratory therapist in Richmond, VA is $80,070 per year, adjusted for the local cost of living index of 109. This figure reflects typical earnings for experienced professionals in this role, considering Richmond's unique economic conditions.

Salary Range and Experience Levels

Entry-level respiratory therapist professionals in Richmond can expect to earn around $52,987 annually. As professionals gain experience, salaries typically increase, with senior-level respiratory therapists earning approximately $109,507 per year. This represents a 107% increase from entry to senior level.

Cost of Living Adjustment

Richmond's cost of living index of 109 significantly impacts salary comparisons. As a higher 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 $78,040, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a respiratory therapist's salary in Richmond typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 23.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Respiratory Therapists are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Richmond, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.