The annual salary statistics of medical transcriptionists in West Palm Beach-Boca Raton-Boynton Beach, Florida is shown in Table 1. The wage statistics of medical transcriptionists in West Palm Beach-Boca Raton-Boynton Beach 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 | $20,430 |
| 25th Percentile Wage | $27,650 |
| 50th Percentile Wage | $36,240 |
| 75th Percentile Wage | $41,240 |
| 90th Percentile Wage | $48,400 |
Table 1 shows the average annual salary for medical transcriptionists in West Palm Beach-Boca Raton-Boynton Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $48,400. The median (50th percentile) annual salary is $36,240. The average annual salary for the bottom 10 percent earners is $20,430.
The table and chart below show the trend of the median salary of medical transcriptionists from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $36,240 | 0.28% | 8.50% |
| 2016 | $36,140 | -2.77% | - |
| 2015 | $37,140 | -1.56% | - |
| 2014 | $37,720 | 11.19% | - |
| 2013 | $33,500 | 1.01% | - |
| 2012 | $33,160 | - | - |
From Table 3 we note that the median annual salary of $36,240 in West Palm Beach-Boca Raton-Boynton Beach is in the middle of salary range for medical transcriptionists in state of Florida. In comparison, the annual salary of medical transcriptionists in West Palm Beach-Boca Raton-Boynton Beach is 12.3 percent (12.3%) lower than that in the highest paying Gainesville and 23.7 percent (23.7%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.