Paramedics are one of the hardest working professions out there. Regardless, when you ask some of them why they stay on the job, most of the answer you will get has something to do with the satisfaction of saving lives.
But with the increasing prices of food and necessities, money is becoming more critical when it comes to choosing jobs. Thus, it would be understandable if you are curious about how much you’ll make if you become a full-time paramedic.
According to the Bureau of Labor Statistics, as of May 2016, paramedics in the US receive a median pay of $32,670 annually. This value means that half of all the paramedics in the US earned less than $32,670 with the other half making more. (1)
The BLS also provided median pays of paramedics in specific industries during the same period. According to their website, paramedics and EMTs working within hospitals receive an average amount of $35,390 per year.
Those who work for local governments, on the other hand, receive a median annual pay of $35,000. Lastly, paramedics and EMTs working for private and public ambulance services make an average $30,380. These variations may be due to various factors such as funding, locations, and legislation.
Factors That Affect Paramedic Salaries
Although the median salary can provide us a glimpse of how much a paramedic makes, it does not adequately demonstrate other factors that may have caused such value. Your salary as a paramedic may fluctuate significantly depending on numerous variables.
These variables may include your location, your employer, your position, years of service and more. Employers may also take into account your educational background or even how you negotiate your salary during the hiring process.
Probably the most significant factor among those mentioned is the location of your job. Even those working in the public sector has widely varying salaries. The reason for these gaps is that localities have the power to decide how much money they pay on their employees.
Hence, more economically abundant states often give higher salaries than less abundant ones. For instances, paramedics from the state of Washington receive the median annual pay of $72,140, while those from West Virginia earn $25,150 annually. (2)
Paramedics Salary Versus Other Salaries
It is notable that paramedics are some of the lowest paid professionals in the medical field. For example, health technologists receive an annual pay or around $42,750. Compared to all occupations inside the US, paramedics are still trailing behind as they receive $4,370 lesser than the country-wide average of $42,750.
Interestingly, the BLS also states that they the number of paramedics is still expected to grow faster than most jobs. The profession is expected to increase by 15% within the next ten years, a number higher than other public professions. One possible reason for this is that people still value helping others more than the money they get.