The annual salary statistics of respiratory therapists in Lakeland-Winter Haven, Florida is shown in Table 1. The wage statistics of respiratory therapists in Lakeland-Winter Haven 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 | $50,730 |
| 25th Percentile Wage | $61,570 |
| 50th Percentile Wage | $65,230 |
| 75th Percentile Wage | $66,380 |
| 90th Percentile Wage | $81,180 |
Table 1 shows the average annual salary for respiratory therapists in Lakeland-Winter Haven, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $81,180. The median (50th percentile) annual salary is $65,230. The average annual salary for the bottom 10 percent earners is $50,730.
The table and chart below show the trend of the median salary of respiratory therapists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $65,230 | 5.92% | 24.38% |
| 2021 | $61,370 | 2.53% | - |
| 2020 | $59,820 | 11.99% | - |
| 2019 | $52,650 | 3.19% | - |
| 2018 | $50,970 | 2.65% | - |
| 2017 | $49,620 | -12.92% | - |
| 2016 | $56,030 | 2.27% | - |
| 2015 | $54,760 | 1.61% | - |
| 2014 | $53,880 | 6.98% | - |
| 2013 | $50,120 | 1.58% | - |
| 2012 | $49,330 | - | - |
From Table 3 we note that the median annual salary of $65,230 in Lakeland-Winter Haven is in the middle of salary range for respiratory therapists in state of Florida. In comparison, the annual salary of respiratory therapists in Lakeland-Winter Haven is 11.3 percent (11.3%) lower than that in the highest paying Naples-Marco Island and 24.8 percent (24.8%) higher than that in the lowest paying Northwest Florida nonmetropolitan area.