The annual salary statistics of respiratory therapists in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of respiratory therapists 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 | $51,230 |
| 25th Percentile Wage | $62,210 |
| 50th Percentile Wage | $64,990 |
| 75th Percentile Wage | $77,440 |
| 90th Percentile Wage | $80,040 |
Table 1 shows the average annual salary for respiratory therapists 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 $80,040. The median (50th percentile) annual salary is $64,990. The average annual salary for the bottom 10 percent earners is $51,230.
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 | $64,990 | 6.37% | 20.30% |
| 2021 | $60,850 | 2.45% | - |
| 2020 | $59,360 | 4.03% | - |
| 2019 | $56,970 | 4.21% | - |
| 2018 | $54,570 | 3.06% | - |
| 2017 | $52,900 | 0.00% | - |
| 2016 | $52,900 | -1.91% | - |
| 2015 | $53,910 | 1.95% | - |
| 2014 | $52,860 | 1.34% | - |
| 2013 | $52,150 | 0.67% | - |
| 2012 | $51,800 | - | - |
From Table 3 we note that the median annual salary of $64,990 in Indianapolis-Carmel is in the middle of salary range for respiratory therapists in state of Indiana. In comparison, the annual salary of respiratory therapists in Indianapolis-Carmel is 15.7 percent (15.7%) lower than that in the highest paying Kokomo and 20.7 percent (20.7%) higher than that in the lowest paying Columbus.
| Cities/Areas | Median Annual Salary |
|---|---|
| Kokomo | |
| Terre Haute | |
| Central Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Elkhart-Goshen | |
| Fort Wayne | |
| Muncie | |
| Southern Indiana nonmetropolitan area | |
| Gary | |
| Northern Indiana nonmetropolitan area | |
| Bloomington | |
| Michigan City-La Porte | |
| Lafayette | |
| Columbus |