Average Medical Secretaries and Administrative Assistants Salary in Florence, SC
In Florence, SC, Medical Secretaries and Administrative Assistants earn an average annual salary of $40,650. This figure is notably below the national average of $45,380, suggesting that local economic factors and demand dynamics play a significant role in compensation within this region. The specific economic landscape of Florence influences the earning potential for these vital administrative roles.
Executive Summary
- Average Salary: $40,650 per year.
- Growth Trend: Salaries have shifted 29.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,550.
- Outlook: With a local workforce of 620 individuals in this profession, Florence, SC, demonstrates a stable presence of Medical Secretaries and Administrative Assistants. The Location Quotient of 1.29 indicates a slightly higher concentration of these roles compared to the national average, suggesting a moderate but consistent demand within the local healthcare and administrative sectors.
Salary Overview
The average Medical Secretaries and Administrative Assistants in Florence, SC earns-10.4%below the national average.
$19.5
$782
$3,388
Medical Secretaries and Administrative Assistants Salary Trends (2020-2024)
While specific historical data for Florence, SC is not provided, it is generally assumed that salaries for Medical Secretaries and Administrative Assistants have experienced a steady upward trend over the past four years, mirroring national patterns of incremental wage growth driven by inflation and evolving job responsibilities.
Medical Secretaries and Administrative Assistants Salary Distribution in Florence, SC
Career progression for Medical Secretaries and Administrative Assistants typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries considerably higher than the average, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,250 | $14.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,488 | $14.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,870 | $17.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,813 | $24.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,550 | $28.6 |
Detailed Medical Secretaries and Administrative Assistants Market Analysis
Relocation Context
Nominal Salary
$40,650
Gross Pay
Real Wage (Purchasing Power)
$40,650
Adjusted for COL (100)
The average annual salary of $40,650 in Florence, SC, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Secretary's salary in Florence is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
620
Total Jobs
6.939
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Florence, SC has a slightly higher-than-average concentration of Medical Secretaries and Administrative Assistants roles compared to the national norm.
A Location Quotient of 1.29 signifies that Florence, SC, has a higher concentration of Medical Secretaries and Administrative Assistants than the national average. This suggests a potentially competitive job market for candidates, but also indicates a robust demand for these professionals within the local economy, offering ample opportunities for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Medical Secretaries and Administrative Assistants
Comparing salaries near Florence, SC
Hiring Medical Secretaries and Administrative Assistantss?
Frequently Asked Questions
How much does a Medical Secretaries and Administrative Assistants make in Florence, SC?
The median annual salary for a Medical Secretaries and Administrative Assistants in Florence, SC is $40,650. This typically ranges from $30,250 for entry-level positions to $59,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 10.4% lower than the national median of $45,380.
Is Florence, SC a lucrative place for Medical Secretaries and Administrative Assistants?
No, not particularly lucrative compared to the national average.While the cost of living is average, the nominal salary of $40,650 is below the national average of $45,380, indicating less lucrative earning potential in Florence, SC.
Is Florence, SC a good place to live for Medical Secretaries and Administrative Assistants?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($37,960) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does the number of jobs per 1,000 workers compare nationally?
Florence, SC has 6.939 jobs per 1,000 workers for Medical Secretaries and Administrative Assistants, which is a key indicator of local employment density in this role.
What is the significance of the Location Quotient (LQ) for this role in Florence?
An LQ of 1.29 means Florence has 29% more Medical Secretaries and Administrative Assistants per worker than the national average, indicating a stronger local presence of this profession.
Does experience significantly impact salary for Medical Secretaries in Florence?
Yes, like most professions, experience is a major factor. Senior Medical Secretaries and Administrative Assistants can expect to earn substantially more than the $40,650 average, reflecting their accumulated skills and responsibilities.
How does the total local workforce size affect job prospects?
A local workforce of 620 in this role suggests a substantial pool of professionals, which can indicate both a stable job market and potential competition for new positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Florence, SC area with a job density of 6.939 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Secretaries and Administrative Assistants • Data source: BLS OEWS 2024 •Jobs in Florence, SC