Nurse & Medical Salaries Glossary

A quick reference guide to key terms used across our data pages. Bookmark this page for easy access.

Data Point
A single unit of information collected from a verified source.
Benchmark
A standard reference point used for comparison and evaluation.
Year-over-Year (YoY)
A comparison of data between the current period and the same period one year ago.
Median
The middle value in a sorted dataset. Less affected by outliers than the average.
Percentile
A value below which a given percentage of data falls. The 75th percentile means 75% earn less.
Cost Index
A relative measure comparing costs between locations, with a baseline of 100.
Seasonality
Regular, predictable patterns in data that repeat at the same time each year.
Trend Line
A line on a chart showing the general direction of data over time.

Last updated: April 2026