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Average Medical Secretaries and Administrative Assistants Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, Medical Secretaries and Administrative Assistants earn an average annual salary of $41,780. This figure is slightly below the national average of $45,380, indicating that local market dynamics and potentially regional economic factors influence compensation for these vital administrative roles.

Executive Summary

  • Average Salary: $41,780 per year.
  • Growth Trend: Salaries have shifted 18.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $51,520.
  • Outlook: The job market for Medical Secretaries and Administrative Assistants in Lexington-Fayette, KY, appears robust, with a substantial local workforce of 3,450 individuals. The Location Quotient of 2.26 significantly exceeds the national average, suggesting a higher concentration of these roles in the area and a strong demand relative to other professions.
2024 Market Data

Salary Overview

$41,780

The average Medical Secretaries and Administrative Assistants in Lexington-Fayette, KY earns-7.9%below the national average.

BreakdownBased on 40h/week
Hourly

$20.1

Weekly

$803

Monthly

$3,482

Medical Secretaries and Administrative Assistants Salary Distribution in Lexington-Fayette, KY

Career progression for Medical Secretaries and Administrative Assistants in Lexington-Fayette, KY, is typically marked by increasing salary potential. Entry-level positions may start closer to the lower end of the pay scale, while experienced professionals with specialized skills or supervisory responsibilities can command significantly higher salaries, reflecting the value of their expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,330$15.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,335$15.1
ManagerOversees team, compliance, and project delivery.50% (Median)$42,520$20.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,225$25.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$51,520$24.8

Detailed Medical Secretaries and Administrative Assistants Market Analysis

Relocation Context

Nominal Salary

$41,780

Gross Pay

Real Wage (Purchasing Power)

$41,780

Adjusted for COL (100)

With a Cost of Living Index of 100, Lexington-Fayette, KY, is perfectly aligned with the national average. This means the nominal salary of $41,780 for Medical Secretaries and Administrative Assistants offers purchasing power equivalent to the national average, making it a stable environment for financial planning.

Job Market Context

3,450

Total Jobs

12.18

Per 1K Jobs

2.26

Location Quotient

Major Hub

Lexington-Fayette, KY has 2.3x the national concentration of Medical Secretaries and Administrative Assistants jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 2.26 for Medical Secretaries and Administrative Assistants in Lexington-Fayette, KY, signifies a market that is more than twice as concentrated as the national average. This indicates a high demand and a potentially competitive landscape for both employers seeking talent and professionals seeking opportunities in this specific sector.

Nearby Job Markets

Frequently Asked Questions

How much does a Medical Secretaries and Administrative Assistants make in Lexington-Fayette, KY?

The median annual salary for a Medical Secretaries and Administrative Assistants in Lexington-Fayette, KY is $41,780. This typically ranges from $32,330 for entry-level positions to $51,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 7.9% lower than the national median of $45,380.

Is Lexington-Fayette, KY a lucrative place for Medical Secretaries and Administrative Assistants?

No, not significantly more lucrative than the national average.While the cost of living is average, the nominal salary of $41,780 is below the national average of $45,380, suggesting less lucrative compensation in this specific role.

Is Lexington-Fayette, KY a good place to live for Medical Secretaries and Administrative Assistants?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($36,470) and South Central Kentucky nonmetropolitan area.

How does the number of jobs per 1,000 workers compare nationally?

With 12.18 jobs per 1,000 workers, Lexington-Fayette, KY, shows a strong presence of Medical Secretary and Administrative Assistant roles, likely higher than the national average given the high Location Quotient.

What does a Location Quotient of 2.26 mean for job seekers?

A Location Quotient of 2.26 suggests that Medical Secretary and Administrative Assistant roles are significantly more common in Lexington-Fayette, KY, than in the average U.S. location, potentially indicating more job availability but also increased competition.

Does experience impact salary for Medical Secretaries in Lexington-Fayette, KY?

Yes, as with most professions, experience is a key factor in salary determination. Senior Medical Secretaries and Administrative Assistants typically earn more than those in entry-level positions.

How does the average salary compare to the cost of living?

The average salary of $41,780 in Lexington-Fayette, KY, aligns with the national average cost of living (100), suggesting that the take-home pay has average purchasing power within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,450 employees in the Lexington-Fayette, KY area with a job density of 12.18 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.