Physical Therapist Assistant Salary in Richmond, IN: $62,012 (2026)
Quick Answer:A full-time physical therapist assistant in Richmond, IN earns a median $62,012/year (≈ $29.81/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 31-2021). Once you factor in Richmond's price level (9% below national, BEA RPP 91.3), that paycheck buys what $67,921 would nationally. Nominal pay sits 2.7% below the Indiana state average.
Based on BLS state-level estimates · View source
In Richmond, Indiana, the expected earnings for a physical therapist assistant reach a median annual salary of $62,012, which is noticeably lower than the national median of $70,247. The compensation for PTAs in the area ranges from $42,388 at the 10th percentile to $76,915 at the 90th percentile, showcasing a considerable variance based on experience and work setting. These projections, derived from 2025 BLS data adjusted for regional economic conditions, indicate specific factors at play in Richmond’s healthcare market, influencing both salary levels and opportunities. The local job market demonstrates a stable demand for physical therapist assistants, reflective of both an aging population and increasing rehabilitation needs in various healthcare settings.
About the Richmond Market
Salary estimated from Indiana average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $42,388 | $20.38 |
| Lower Range (P25) | $56,917 | $27.37 |
| Median (P50)(typical) | $62,012 | $29.81 |
| Upper Range (P75) | $69,433 | $33.38 |
| Top Earners (P90) | $76,915 | $36.98 |
Median Salary Position
11.72% below the national average
2026 Salary Percentile Distribution in Richmond
In Richmond, IN, the physical therapist assistant salary spread from the 10th to 90th percentile is $34,527 (2026 est.). At $62,012, the local median is 11.72% below the national median of $70,247.
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At 40 hours/week in Richmond: You'd be above the median
How Richmond Physical Therapist Assistant Pay Compares
Richmond median: $62,012/year (2026)
| Compared To | Median Salary | Richmond Pays |
|---|---|---|
| Indiana Average | $63,733 | -2.70% less |
| National Average | $70,247 | -11.72% less |
Physical Therapist Assistants in Richmond, IN earn a median of $62,012 per year (2026 est.), which is 11.72% lower than the national median of $70,247 and 2.70% below the Indiana state average of $63,733.
Cost-of-Living Adjusted Salary
Richmond has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Richmond, IN has a cost-of-living index of 91.3 (below the national average of 100). A physical therapist assistant earning $62,012 nominally has purchasing power equivalent to $67,921 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$51,898
2025 BLS Actual
$60,364
2026 Current Est.
$62,012
2019–2027 Growth
+22.8%
Salary Trajectory for Physical Therapist Assistants in Richmond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.73% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $51,898 | Actual |
| 2020 | $52,763 | Actual |
| 2021 | $54,008 | Actual |
| 2022 | $55,412 | Actual |
| 2023 | $56,568 | Actual |
| 2024 | $55,086 | Actual |
| 2025 | $60,364 | Actual |
| 2026(current) | $62,012 | Estimated |
| 2027 | $63,705 | Projected |
Based on 7 years of BLS OEWS data for the Richmond metropolitan area, the median physical therapist assistant salary grew 16.3% from $51,898 (2019) to $60,364 (2025). At a 2.73% compound annual growth rate, salaries are projected to reach $63,705 by 2027 — a total increase of $11,807 (22.75%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Richmond metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.73% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $42,388 – $56,917 |
| 3-5 years (Mid Career) | $56,917 – $62,012 |
| 5+ years (Experienced) | $62,012 – $69,433 |
| 10+ years (Top Earner) | $69,433 – $76,915 |
PTA salary ranges estimated from BLS percentile data. Individual physical therapist assistant compensation varies by employer, certifications, and specialization.
Physical Therapist Assistant Job Market in Richmond
Richmond's healthcare environment features seven employed physical therapist assistants, highlighting a niche but essential market segment. The cost of living index stands at 91.3, which is relatively low compared to the national average, thereby enhancing the purchasing power of local salaries. In terms of employer types, outpatient orthopedic clinics generally offer competitive pay, especially paired with strong production metrics. Conversely, skilled nursing facilities may experience compressed wages due to Medicare's 15% reimbursement cut affecting PTA-utilized services. This cut, alongside factors such as weekend shifts or PRN opportunities, creates a salary dispersion that savvy professionals can leverage. For those aiming to maximize their physical therapist assistant pay in Richmond, seeking positions within high-volume outpatient settings or specializing in certain therapeutic areas may provide a clear advantage.
More salary data for Richmond, IN:
Frequently Asked Questions
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Can physical therapist assistants make $100K in Richmond?
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Written by Jordan Lee, DPT
Career Analyst
Jordan has 10 years of experience in outpatient physical therapy. They specialize in orthopedic rehabilitation. Jordan works in a private practice setting.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $60,364 for physical therapist assistantsin the Richmond metropolitan area. A 2.73% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Richmond is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.73%, derived from historical BLS wage trends for physical therapist assistants (SOC 31-2021).
Compiled and verified by Jordan Lee, DPT, a licensed physical therapist assistant with 10+ years of clinical experience. · View source data at BLS.gov