The annual salary statistics of respiratory therapists in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage statistics of respiratory therapists 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 | $51,050 |
| 25th Percentile Wage | $60,810 |
| 50th Percentile Wage | $64,550 |
| 75th Percentile Wage | $66,070 |
| 90th Percentile Wage | $84,440 |
Table 1 shows the average annual salary for respiratory therapists 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 $84,440. The median (50th percentile) annual salary is $64,550. The average annual salary for the bottom 10 percent earners is $51,050.
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 | $64,550 | 4.93% | 16.28% |
| 2021 | $61,370 | 2.02% | - |
| 2020 | $60,130 | 0.35% | - |
| 2019 | $59,920 | 5.14% | - |
| 2018 | $56,840 | 2.02% | - |
| 2017 | $55,690 | 2.96% | - |
| 2016 | $54,040 | 0.00% | - |
| 2012 | $54,040 | - | - |
From Table 3 we note that the median annual salary of $64,550 in Saginaw-Saginaw Township North is in the middle of salary range for respiratory therapists in state of Michigan. In comparison, the annual salary of respiratory therapists in Saginaw-Saginaw Township North is 3.3 percent (3.3%) lower than that in the highest paying Ann Arbor and 18.1 percent (18.1%) higher than that in the lowest paying Holland-Grand Haven.