The annual salary statistics of medical transcriptionists in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage data of medical transcriptionists in Saginaw-Saginaw Township North 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 | $25,180 |
| 25th Percentile Wage | $25,180 |
| 50th Percentile Wage | $25,180 |
| 75th Percentile Wage | $35,980 |
| 90th Percentile Wage | $37,010 |
Table 1 shows the average annual salary for medical transcriptionists in Saginaw-Saginaw Township North, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $37,010. The median (50th percentile) annual salary is $25,180. The average annual salary for the bottom 10 percent earners is $25,180.
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 | $25,180 | 6.75% | -16.32% |
| 2021 | $23,480 | -0.55% | - |
| 2020 | $23,610 | -36.38% | - |
| 2018 | $32,200 | 0.43% | - |
| 2017 | $32,060 | -3.34% | - |
| 2016 | $33,130 | 0.54% | - |
| 2015 | $32,950 | 0.46% | - |
| 2014 | $32,800 | 4.57% | - |
| 2013 | $31,300 | 6.42% | - |
| 2012 | $29,290 | - | - |
From Table 3 we note that with a median annual salary of $25,180, Saginaw-Saginaw Township North is the lowest paying city for medical transcriptionists in state of Michigan, following city of South Bend-Mishawaka (median annual salary of $40,940). In comparison, the median annual salary of medical transcriptionists in Saginaw-Saginaw Township North is 38.5 percent (38.5%) lower than that in the highest paying city South Bend-Mishawaka.