The annual salary statistics of respiratory therapists in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of respiratory therapists in Grand Rapids-Wyoming 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 | $50,460 |
| 25th Percentile Wage | $55,210 |
| 50th Percentile Wage | $64,260 |
| 75th Percentile Wage | $71,480 |
| 90th Percentile Wage | $77,670 |
Table 1 shows the average annual salary for respiratory therapists in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $77,670. The median (50th percentile) annual salary is $64,260. The average annual salary for the bottom 10 percent earners is $50,460.
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 | $64,260 | 6.07% | 23.39% |
| 2021 | $60,360 | 2.75% | - |
| 2020 | $58,700 | 1.70% | - |
| 2019 | $57,700 | 2.79% | - |
| 2018 | $56,090 | 2.39% | - |
| 2017 | $54,750 | 1.52% | - |
| 2016 | $53,920 | 1.91% | - |
| 2015 | $52,890 | 2.16% | - |
| 2014 | $51,750 | 2.72% | - |
| 2013 | $50,340 | 2.21% | - |
| 2012 | $49,230 | - | - |
From Table 3 we note that the median annual salary of $64,260 in Grand Rapids-Wyoming is in the middle of salary range for respiratory therapists in state of Michigan. In comparison, the annual salary of respiratory therapists in Grand Rapids-Wyoming is 3.7 percent (3.7%) lower than that in the highest paying Ann Arbor and 17.8 percent (17.8%) higher than that in the lowest paying Holland-Grand Haven.