The annual salary statistics of medical transcriptionists in Baltimore-Towson, Maryland is shown in Table 1. The wage information of medical transcriptionists in Baltimore-Towson 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 | $31,200 |
| 25th Percentile Wage | $34,330 |
| 50th Percentile Wage | $45,700 |
| 75th Percentile Wage | $49,100 |
| 90th Percentile Wage | $53,960 |
Table 1 shows the average annual salary for medical transcriptionists in Baltimore-Towson, Maryland in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $53,960. The median (50th percentile) annual salary is $45,700. The average annual salary for the bottom 10 percent earners is $31,200.
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 | $45,700 | 2.65% | 23.74% |
| 2021 | $44,490 | 0.76% | - |
| 2020 | $44,150 | 5.35% | - |
| 2019 | $41,790 | -2.11% | - |
| 2018 | $42,670 | 0.40% | - |
| 2017 | $42,500 | 35.20% | - |
| 2016 | $27,540 | -2.90% | - |
| 2015 | $28,340 | -29.53% | - |
| 2014 | $36,710 | -4.14% | - |
| 2013 | $38,230 | 8.84% | - |
| 2012 | $34,850 | - | - |
From Table 3 we note that with a median annual salary of $45,700, Baltimore-Towson is the highest paying city for medical transcriptionists in state of Maryland, followed by Salisbury (median annual salary $39,890). In comparison, the median annual salary of medical transcriptionists in Baltimore-Towson is 12.7 percent (12.7%) higher than that in Salisbury.
| Cities/Areas | Median Annual Salary |
|---|---|
| Baltimore-Towson | |
| Salisbury | |
| Bethesda-Rockville-Frederick | |
| Upper Eastern Shore nonmetropolitan area |