Your Medical Lab Technician Salary can vary widely depending on a small set of distinct variables. Kind of like some of the experiments you will likely perform at some point in your career. One of these factors can literally double your salary and double the amount you will earn over your lifetime. That is not a misprint, our top tip that we will share with you later has that type of potential.
But first the U.S. Bureau of Labor and Statistics most recent information at the time of writing indicates that the average Medical Lab Technician Salary is at $53,500. There data says that the Low end of the spectrum earns from about $36,000 per year and the high end earns at about $74,000 per year. However in reality over 50% of those that they surveyed earned between just over $28,000 per year and just over $44,000.
I know what you must be thinking. How does that happen? If there low end of the spectrum is $36,000 how are then plenty of people earning only just over $28,000? Hey, like we know, it’s the government!.
So, we don’t take other statistics or data for much more than face value around here and we go out and do our own research. Calling on ads with individual companies hiring and calling the headhunter ads we found our own Medical Lab Technician school data and Medical Lab Technician Salaries data that was what companies are really willing to hire Med Lab Techs for in the real world where you and I actually work.
We called on ads and were quoted ranges all the way from just over $28,000 just like the Bureau said all the way to the highest of the high ranges of just over $79,000. As you can see that’s just five grand short of being triple what we found as the lowest Medical lab salary.
What was the biggest difference in pay? Was it the Medical Lab Technician school you went to and or graduated from? No actually that was not the top reason. So, was it time on the job I.E. experience? No, that was not the number one factor. Then the last one you might be considering is whether or not it was an extra certificate that someone had? No, that was not it either.
The single biggest factor is our top tip for increasing your Medical Technician salary. The biggest difference in pay was not any of those factors above, it was where you live! Yes, the biggest part of your medical technician salary is where in the country do you live. You could in some cases move over just one state and at least double your income.
So, when looking at how to increase your Medical Lab Technician earnings please still continue to think in terms of more education and more time on the job as very strong factors because they are. But also think about the possibility of a geographical pay raise as well.
After Medical Lab Technician school you will want to take a look at the best places to live for all of your other criteria and for the salary the area provides.