The annual salary statistics of medical transcriptionists in Indianapolis-Carmel, Indiana is shown in Table 1. The wage information of medical transcriptionists in Indianapolis-Carmel 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 | $29,800 |
| 25th Percentile Wage | $35,280 |
| 50th Percentile Wage | $35,930 |
| 75th Percentile Wage | $44,100 |
| 90th Percentile Wage | $49,150 |
Table 1 shows the average annual salary for medical transcriptionists in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $49,150. The median (50th percentile) annual salary is $35,930. The average annual salary for the bottom 10 percent earners is $29,800.
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 | $35,930 | -2.34% | 16.92% |
| 2021 | $36,770 | 0.33% | - |
| 2020 | $36,650 | 0.25% | - |
| 2019 | $36,560 | -12.20% | - |
| 2018 | $41,020 | 6.41% | - |
| 2017 | $38,390 | 1.46% | - |
| 2016 | $37,830 | 5.97% | - |
| 2015 | $35,570 | 1.46% | - |
| 2014 | $35,050 | 2.40% | - |
| 2013 | $34,210 | 12.74% | - |
| 2012 | $29,850 | - | - |
From Table 3 we note that the median annual salary of $35,930 in Indianapolis-Carmel is in the middle of salary range for medical transcriptionists in state of Indiana. In comparison, the annual salary of medical transcriptionists in Indianapolis-Carmel is 12.1 percent (12.1%) lower than that in the highest paying Central Indiana nonmetropolitan area and 38.2 percent (38.2%) higher than that in the lowest paying Gary.
| Cities/Areas | Median Annual Salary |
|---|---|
| Central Indiana nonmetropolitan area | |
| Terre Haute | |
| Northern Indiana nonmetropolitan area | |
| Bloomington | |
| Indianapolis-Carmel | |
| Fort Wayne | |
| Elkhart-Goshen | |
| Michigan City-La Porte | |
| Southern Indiana nonmetropolitan area | |
| Lafayette | |
| Lafayette-West Lafayette | |
| Gary |