Do medical technologists make good money?

Question

Zippia Team · Accepted Answer

Yes, medical technologists make good money. The average medical technologist makes around $60,000 a year, ranging between $27,500 to $88,000 a year. The large difference in earning potential seen for medical technologists is related to the location of the job, the type of medical technologist, and the number of years on the job.

The top 5 states in pay rates for medical technologists:

Massachusetts averages $64,541 a year
Hawaii averages $63,920 a year
Connecticut averages $63,560 a year
Rhode Island averages $61,575 a year
Washington averages $60,874 a year

The bottom five states in pay rates for medical technologists:

Georgia averages $48,891 a year
New Mexico averages $47,765 a year
Alabama averages $47,747 a year
North Carolina averages $46,915 a year
Florida averages $46,080 a year

Another major aspect that impacts the range in earning potential for a medical technologist is the number of years of experience on the job.

An entry-level medical technologist position starts at around $50,000 a year, while someone with over ten years of experience earns around $55,000 a year, and someone with over 20 years of experience earns closer to $60,000 a year.

The type of medical technologist you become will also determine earning potential. For example, a biology technician earns a median annual salary of $49,110, whereas a phlebotomist earns $36,480. Other examples include:

Medical technologists who work in universities professional schools earn around $52,000 a year
Medical technologists who work in hospitals, state, local, and private settings earn around $57,000 a year
Medical technologists who work in offices of physicians and clinics earn around $50,000 a year