$61,139 / year
Salary Range: $55,037 - $66,941
Market Research
$56,744 / year
Salary Range: $50,094 - $61,860
Research and Development
$49,623 / year
Salary Range: $43,678 - $56,776
Laboratory Support
$42,906 / year
Salary Range: $39,001 - $46,306
Technologist Department
$38,583 / year
Salary Range: $35,083 - $42,305
Medical Laboratory
$38,583 / year
Salary Range: $35,083 - $42,305
Medical Laboratory
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Riddle Psychiatry LLC | $96,156 |
+12.7%
|
Driven by niche technical certifications required for Riddle Psychiatry LLC's specialized projects. |
| Spine & Brain Neurosurgical Care | $83,424 |
-2.2%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Moffatt Eye Care | $92,116 |
+8.0%
|
Supported by Moffatt Eye Care's high-margin contracts allowing higher overhead. |
| PEAK Healthcare Solutions LLC | $87,422 |
+2.5%
|
Suggests PEAK Healthcare Solutions LLC utilizes a highly similar base-plus-benefits compensation model. |
| Healthcare Industry | $121,907 |
+42.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$96,156 / year
Salary Range: $84,469 - $109,050
Media, PA
$83,424 / year
Salary Range: $73,281 - $94,612
Lexington, KY
$92,116 / year
Salary Range: $80,923 - $104,477
Magnolia, TX
$87,422 / year
Salary Range: $76,800 - $99,136
Overland Park, KS
$86,915 / year
Salary Range: $76,351 - $98,576
Des Moines, IA
$87,021 / year
Salary Range: $76,442 - $98,685
Jupiter, FL
$89,099 / year
Salary Range: $78,266 - $101,039
Jupiter, FL
$80,945 / year
Salary Range: $71,109 - $91,796
Gainesville, FL
$83,920 / year
Salary Range: $73,721 - $95,173
Altoona, PA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,700+ | A significant portion of Medical Lab Technician salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (JTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $680+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,500 - $3,850+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Medical Lab Technician is approximately $85,302. However, this is an aggregate figure, actual salaries can range significantly, typically from $74,939 to $96,746, depending on factors like job role, experience, and location.
The average annual salary at Medical Lab Technician is $85,302, or an hourly wage of $41, in comparison to Riddle Psychiatry LLC which pays $96,156 per year or $46 per hour.
The lowest-paying job at Medical Lab Technician is a Medical Laboratory Technician with a salary of $38,583 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Medical Lab Technician for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Medical Lab Technician, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Medical Lab Technician, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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