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Average Medical Assistants Salary in Lafayette-West Lafayette, IN

Medical Assistants in Lafayette-West Lafayette, IN earn an average annual salary of $40,780. This figure is slightly below the national average of $44,590, a common trend in areas with a cost of living that aligns with the national benchmark. Local economic factors and demand within the healthcare sector contribute to this specific compensation.

Executive Summary

  • Average Salary: $40,780 per year.
  • Growth Trend: Salaries have shifted 13.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,670.
  • Outlook: The Lafayette-West Lafayette area supports a workforce of 540 Medical Assistants, indicating a stable presence in the local job market. With a Location Quotient of 1.02, the concentration of these roles is very close to the national average, suggesting a consistent, albeit not exceptionally high, demand for these essential healthcare professionals.
2024 Market Data

Salary Overview

$40,780

The average Medical Assistants in Lafayette-West Lafayette, IN earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$19.6

Weekly

$784

Monthly

$3,398

Medical Assistants Salary Distribution in Lafayette-West Lafayette, IN

Salary progression for Medical Assistants in Lafayette-West Lafayette typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior Medical Assistants with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$35,600$17.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$30,585$14.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$39,310$18.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$50,975$24.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$45,670$22

Detailed Medical Assistants Market Analysis

Relocation Context

Nominal Salary

$40,780

Gross Pay

Real Wage (Purchasing Power)

$40,780

Adjusted for COL (100)

The average annual salary of $40,780 in Lafayette-West Lafayette aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial foundation for residents.

Job Market Context

540

Total Jobs

5.253

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Lafayette-West Lafayette, IN has a slightly higher-than-average concentration of Medical Assistants roles compared to the national norm.

A Location Quotient of 1.02 suggests that Medical Assistants are employed in Lafayette-West Lafayette at a rate very slightly above the national average. This indicates a balanced job market where the supply and demand for these professionals are well-matched, implying a competitive but accessible environment for job seekers.

Nearby Job Markets

Nearby Cities for Medical Assistants

Comparing salaries near Lafayette-West Lafayette, IN

Hiring Medical Assistantss?

Frequently Asked Questions

How much does a Medical Assistants make in Lafayette-West Lafayette, IN?

The median annual salary for a Medical Assistants in Lafayette-West Lafayette, IN is $40,780. This typically ranges from $35,600 for entry-level positions to $45,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 8.5% lower than the national median of $44,590.

Is Lafayette-West Lafayette, IN a lucrative place for Medical Assistants?

No, not exceptionally lucrative compared to the national average.While the salary of $40,780 is stable and aligns with the national cost of living, it falls short of the national average salary for Medical Assistants. The job market concentration is also very close to the national average, indicating steady but not booming demand.

Is Lafayette-West Lafayette, IN a good place to live for Medical Assistants?

The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Kokomo, IN ($41,280) and Northern Indiana nonmetropolitan area.

How does the cost of living in Lafayette-West Lafayette affect Medical Assistant salaries?

The cost of living in Lafayette-West Lafayette is exactly at the national average (100). This means the average salary of $40,780 provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.

What is the concentration of Medical Assistants in Lafayette-West Lafayette compared to the nation?

The Location Quotient for Medical Assistants in Lafayette-West Lafayette is 1.02, indicating a concentration that is very slightly higher than the national average. This suggests a stable presence of these roles in the local economy.

How many Medical Assistants are employed in Lafayette-West Lafayette?

There are approximately 540 Medical Assistants employed in the Lafayette-West Lafayette area, reflecting a significant segment of the local healthcare support workforce.

What is the national average salary for a Medical Assistant?

The national average salary for a Medical Assistant is $44,590 per year, which is higher than the average salary observed in Lafayette-West Lafayette, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Lafayette-West Lafayette, IN area with a job density of 5.253 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.