The annual salary statistics of respiratory therapists in Albany-Schenectady-Troy, New York is shown in Table 1. The wage information of respiratory therapists in Albany-Schenectady-Troy 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 | $64,660 |
| 25th Percentile Wage | $65,760 |
| 50th Percentile Wage | $73,950 |
| 75th Percentile Wage | $80,870 |
| 90th Percentile Wage | $95,860 |
Table 1 shows the average annual salary for respiratory therapists in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $95,860. The median (50th percentile) annual salary is $73,950. The average annual salary for the bottom 10 percent earners is $64,660.
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 | $73,950 | 16.63% | 18.50% |
| 2021 | $61,650 | -4.18% | - |
| 2020 | $64,230 | 2.26% | - |
| 2019 | $62,780 | 0.75% | - |
| 2018 | $62,310 | 1.35% | - |
| 2017 | $61,470 | 4.38% | - |
| 2016 | $58,780 | 0.43% | - |
| 2015 | $58,530 | -1.38% | - |
| 2014 | $59,340 | -1.25% | - |
| 2013 | $60,080 | -0.32% | - |
| 2012 | $60,270 | - | - |
From Table 3 we note that the median annual salary of $73,950 in Albany-Schenectady-Troy is in the middle of salary range for respiratory therapists in state of New York. In comparison, the annual salary of respiratory therapists in Albany-Schenectady-Troy is 23.6 percent (23.6%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 19.6 percent (19.6%) higher than that in the lowest paying Central New York nonmetropolitan area.