The annual salary statistics of medical transcriptionists in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage data of medical transcriptionists in Cape Coral-Fort Myers is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $23,780 |
| 25th Percentile Wage | $30,470 |
| 50th Percentile Wage | $30,570 |
| 75th Percentile Wage | $30,570 |
| 90th Percentile Wage | $45,520 |
Table 1 shows the average annual salary for medical transcriptionists in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $45,520. The median (50th percentile) annual salary is $30,570. The average annual salary for the bottom 10 percent earners is $23,780.
The table and chart below show the trend of the median salary of medical transcriptionists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $30,570 | 6.18% | 6.90% |
| 2021 | $28,680 | -32.64% | - |
| 2020 | $38,040 | 0.05% | - |
| 2019 | $38,020 | 6.08% | - |
| 2018 | $35,710 | -9.89% | - |
| 2017 | $39,240 | 15.32% | - |
| 2016 | $33,230 | -1.90% | - |
| 2015 | $33,860 | 9.60% | - |
| 2014 | $30,610 | 1.37% | - |
| 2013 | $30,190 | 5.73% | - |
| 2012 | $28,460 | - | - |
From Table 3 we note that the median annual salary of $30,570 in Cape Coral-Fort Myers is in the middle of salary range for medical transcriptionists in state of Florida. In comparison, the annual salary of medical transcriptionists in Cape Coral-Fort Myers is 26.0 percent (26.0%) lower than that in the highest paying Gainesville and 9.6 percent (9.6%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.