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Average Medical Assistants Salary in Memphis, TN-MS-AR

Medical Assistants in the Memphis, TN-MS-AR metropolitan area earn an average annual salary of $39,740. This figure is notably below the national average of $44,590, suggesting that local market dynamics, such as supply and demand for healthcare professionals and regional economic factors, play a significant role in compensation levels. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete financial picture.

Executive Summary

  • Average Salary: $39,740 per year.
  • Growth Trend: Salaries have shifted 12.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,950.
  • Outlook: The Memphis area supports a substantial workforce of 3,640 Medical Assistants, indicating a robust demand for these essential healthcare professionals. With a Location Quotient of 1.14, the concentration of Medical Assistants in Memphis is slightly higher than the national average, signaling a healthy and potentially growing job market for those in this field.
2024 Market Data

Salary Overview

$39,740

The average Medical Assistants in Memphis, TN-MS-AR earns-10.9%below the national average.

BreakdownBased on 40h/week
Hourly

$19.1

Weekly

$764

Monthly

$3,312

Medical Assistants Salary Distribution in Memphis, TN-MS-AR

Career progression for Medical Assistants in Memphis typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior Medical Assistants with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in salary distribution highlight the potential for substantial career advancement and increased earning potential over time.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$34,060$16.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$29,805$14.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$38,360$18.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$49,675$23.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$46,950$22.6

Detailed Medical Assistants Market Analysis

Relocation Context

Nominal Salary

$39,740

Gross Pay

Real Wage (Purchasing Power)

$39,740

Adjusted for COL (100)

The average annual salary of $39,740 for Medical Assistants in Memphis aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is comparable to the national standard, making the financial impact of the lower salary less pronounced.

Job Market Context

3,640

Total Jobs

5.874

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Medical Assistants roles compared to the national norm.

A Location Quotient of 1.14 indicates that Medical Assistants are 14% more concentrated in the Memphis area than the national average. This suggests a slightly more abundant supply of these professionals relative to the general workforce, which could influence wage negotiations but also points to a stable and established demand within the local healthcare sector.

Nearby Job Markets

Nearby Cities for Medical Assistants

CitySalaryDist.
Jonesboro, AR Medical Assistants Salary$36,980 7%64 mi
Jackson, TN Medical Assistants Salary$37,030 7%74 mi

Comparing salaries near Memphis, TN-MS-AR

Hiring Medical Assistantss?

Frequently Asked Questions

How much does a Medical Assistants make in Memphis, TN-MS-AR?

The median annual salary for a Medical Assistants in Memphis, TN-MS-AR is $39,740. This typically ranges from $34,060 for entry-level positions to $46,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 10.9% lower than the national median of $44,590.

Is Memphis, TN-MS-AR a lucrative place for Medical Assistants?

No, but it is competitive.While the average salary of $39,740 is below the national average, the cost of living is also at the national average, making the purchasing power comparable. The slightly higher concentration of Medical Assistants suggests a competitive market.

Is Memphis, TN-MS-AR a good place to live for Medical Assistants?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jonesboro, AR ($36,980) and Jackson, TN.

How does the Memphis Medical Assistant salary compare to the national average?

Medical Assistants in Memphis earn an average of $39,740 annually, which is approximately $4,850 less than the national average of $44,590.

What is the Cost of Living in Memphis, TN-MS-AR?

The Cost of Living Index for Memphis is 100, which is exactly the national average, meaning that the general cost of goods and services is neither significantly higher nor lower than the rest of the country.

How many Medical Assistants work in Memphis?

There are approximately 3,640 Medical Assistants employed in the Memphis, TN-MS-AR metropolitan area.

Is the demand for Medical Assistants high in Memphis?

With a Location Quotient of 1.14, the concentration of Medical Assistants is slightly above the national average, indicating a solid and consistent demand for these professionals within the local healthcare system.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,640 employees in the Memphis, TN-MS-AR area with a job density of 5.874 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.