The annual salary statistics of medical transcriptionists in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of medical transcriptionists in Waterloo-Cedar Falls 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 | $22,580 |
| 25th Percentile Wage | $22,580 |
| 50th Percentile Wage | $36,860 |
| 75th Percentile Wage | $43,460 |
| 90th Percentile Wage | $46,050 |
Table 1 shows the average annual salary for medical transcriptionists in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $46,050. The median (50th percentile) annual salary is $36,860. The average annual salary for the bottom 10 percent earners is $22,580.
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 | $36,860 | 20.97% | 8.95% |
| 2021 | $29,130 | -13.53% | - |
| 2019 | $33,070 | 2.93% | - |
| 2018 | $32,100 | 14.05% | - |
| 2017 | $27,590 | -17.58% | - |
| 2016 | $32,440 | 19.82% | - |
| 2015 | $26,010 | 9.61% | - |
| 2014 | $23,510 | -44.32% | - |
| 2013 | $33,930 | 1.09% | - |
| 2012 | $33,560 | - | - |
From Table 3 we note that the median annual salary of $36,860 in Waterloo-Cedar Falls is in the middle of salary range for medical transcriptionists in state of Iowa. In comparison, the annual salary of medical transcriptionists in Waterloo-Cedar Falls is 21.3 percent (21.3%) lower than that in the highest paying Iowa City and 38.2 percent (38.2%) higher than that in the lowest paying Dubuque.
| Cities/Areas | Median Annual Salary |
|---|---|
| Iowa City | |
| Des Moines-West Des Moines | |
| Southwest Iowa nonmetropolitan area | |
| Ames | |
| Northeast Iowa nonmetropolitan area | |
| Cedar Rapids | |
| Southeast Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Northwest Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island | |
| Dubuque |