The annual salary statistics of medical transcriptionists in Lexington-Fayette, Kentucky is shown in Table 1. The wage data of medical transcriptionists in Lexington-Fayette 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 | $30,920 |
| 25th Percentile Wage | $33,070 |
| 50th Percentile Wage | $39,330 |
| 75th Percentile Wage | $45,450 |
| 90th Percentile Wage | $48,300 |
Table 1 shows the average annual salary for medical transcriptionists in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $48,300. The median (50th percentile) annual salary is $39,330. The average annual salary for the bottom 10 percent earners is $30,920.
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 | $39,330 | 7.55% | 17.11% |
| 2021 | $36,360 | -9.32% | - |
| 2020 | $39,750 | 2.79% | - |
| 2019 | $38,640 | -14.42% | - |
| 2018 | $44,210 | 1.49% | - |
| 2017 | $43,550 | 8.54% | - |
| 2016 | $39,830 | 20.29% | - |
| 2015 | $31,750 | -4.60% | - |
| 2014 | $33,210 | 0.84% | - |
| 2013 | $32,930 | 1.00% | - |
| 2012 | $32,600 | - | - |
From Table 3 we note that the median annual salary of $39,330 in Lexington-Fayette is in the middle of salary range for medical transcriptionists in state of Kentucky. In comparison, the annual salary of medical transcriptionists in Lexington-Fayette is 4.7 percent (4.7%) lower than that in the highest paying Louisville-Jefferson County and 16.8 percent (16.8%) higher than that in the lowest paying Elizabethtown.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Evansville | |
| Lexington-Fayette | |
| West Kentucky nonmetropolitan area | |
| West Central Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area | |
| Owensboro | |
| East Kentucky nonmetropolitan area | |
| Elizabethtown |