Average Medical Transcriptionists Salary in Albany-Schenectady-Troy, NY
Yes, Albany-Schenectady-Troy, NY is a highly lucrative market for Medical Transcriptionistss. With an average annual salary of $43,240, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $43,240 per year.
- Growth Trend: Salaries have shifted 9.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,360.
- Outlook: The current demand for Medical Transcriptionistss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Medical Transcriptionists in Albany-Schenectady-Troy, NY earns+10.8%above the national average.
$20.8
$832
$3,603
Medical Transcriptionists Salary Trends (2020-2024)
Over the past 4 years, Medical Transcriptionists salaries in Albany-Schenectady-Troy, NY have seen a slight adjustment of -9.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Medical Transcriptionists Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Medical Transcriptionistss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $31,200, while highly experienced professionals can command wages upwards of $62,360.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $31,200 | $15 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $32,430 | $15.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $40,160 | $19.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $54,050 | $26 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $62,360 | $30 |
Detailed Medical Transcriptionists Market Analysis
Relocation Context
Nominal Salary
$43,240
Gross Pay
Real Wage (Purchasing Power)
$43,240
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $43,240 to $43,240.
Job Market Context
100
Total Jobs
0.219
Per 1K Jobs
0.78
Location Quotient
Albany-Schenectady-Troy, NY has 0.78x the national average concentration of Medical Transcriptionists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
100 people work as Medical Transcriptionists in Albany-Schenectady-Troy, NY.
Only 0.219 out of every 1,000 local jobs are Medical Transcriptionists roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Medical Transcriptionists
| City | Salary | Dist. |
|---|---|---|
| Central East New York nonmetropolitan area Medical Transcriptionists Salary | $40,070↓ 7% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Medical Transcriptionistss?
Frequently Asked Questions
How much does a Medical Transcriptionists make in Albany-Schenectady-Troy, NY?
The median annual salary for a Medical Transcriptionists in Albany-Schenectady-Troy, NY is $43,240. This typically ranges from $31,200 for entry-level positions to $62,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 10.8% higher than the national median of $39,010.
Is Albany-Schenectady-Troy, NY a good place for Medical Transcriptionistss?
Yes, Albany-Schenectady-Troy, NY is financially attractive for Medical Transcriptionistss. The average salary of $43,240 exceeds the national average. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Medical Transcriptionists?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany-Schenectady-Troy, NY?
Some top paying nearby cities include Central East New York nonmetropolitan area ($40,070) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.219 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 Transcriptionists • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY