Average Medical Transcriptionists Salary in Charleston-North Charleston, SC
Medical Transcriptionists in the Charleston-North Charleston, SC area earn an average annual salary of $33,240. This figure is notably below the national average of $39,010, suggesting that local market dynamics and potentially a different cost structure influence compensation for this role within the region.
Executive Summary
- Average Salary: $33,240 per year.
- Growth Trend: Salaries have shifted 8.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $41,430.
- Outlook: With a local workforce of 280 Medical Transcriptionists, the Charleston-North Charleston area demonstrates a significant concentration of these professionals, as indicated by a Location Quotient of 2.54. This suggests a robust local demand and a specialized job market for this occupation within the region, exceeding national averages.
Salary Overview
The average Medical Transcriptionists in Charleston-North Charleston, SC earns-14.8%below the national average.
$16
$639
$2,770
Medical Transcriptionists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Medical Transcriptionists have experienced modest growth over the past four years, mirroring broader trends in the healthcare sector. Factors such as increasing healthcare demand and the need for accurate medical documentation likely contribute to this upward salary trajectory.
Medical Transcriptionists Salary Distribution in Charleston-North Charleston, SC
Salary progression for Medical Transcriptionists typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps in salary distribution reflect this career advancement and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $28,620 | $13.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $24,930 | $12 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $30,010 | $14.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $41,550 | $20 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $41,430 | $19.9 |
Detailed Medical Transcriptionists Market Analysis
Relocation Context
Nominal Salary
$33,240
Gross Pay
Real Wage (Purchasing Power)
$33,240
Adjusted for COL (100)
The average annual salary of $33,240 in Charleston-North Charleston, SC, aligns precisely 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 locally is on par with the national standard, offering a balanced financial landscape.
Job Market Context
280
Total Jobs
0.71
Per 1K Jobs
2.54
Location Quotient
Charleston-North Charleston, SC has 2.5x the national concentration of Medical Transcriptionists 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 2.54 for Medical Transcriptionists in Charleston-North Charleston, SC, indicates a substantial concentration of this profession compared to the national average. This suggests a highly specialized local market where demand may be strong relative to the number of available positions, potentially offering more opportunities for skilled individuals.
Nearby Job Markets
Hiring Medical Transcriptionistss?
Frequently Asked Questions
How much does a Medical Transcriptionists make in Charleston-North Charleston, SC?
The median annual salary for a Medical Transcriptionists in Charleston-North Charleston, SC is $33,240. This typically ranges from $28,620 for entry-level positions to $41,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 14.8% lower than the national median of $39,010.
Is Charleston-North Charleston, SC a lucrative place for Medical Transcriptionists?
No, not exceptionally lucrative compared to the national average.The average salary of $33,240 is below the national average of $39,010. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Charleston-North Charleston, SC a good place to live for Medical Transcriptionists?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
How does the local workforce size affect Medical Transcriptionist jobs?
A local workforce of 280 indicates a stable, established presence of Medical Transcriptionists, suggesting consistent demand for their services within the Charleston-North Charleston healthcare ecosystem.
What does a Location Quotient of 2.54 mean for job seekers?
A Location Quotient significantly above 1.0, like 2.54, implies that Medical Transcriptionists are more concentrated in Charleston-North Charleston than in the U.S. overall, pointing to a specialized and potentially competitive job market.
How does the Cost of Living impact the salary perception?
With a Cost of Living Index of 100, the Charleston-North Charleston area is neither more nor less expensive than the national average. Therefore, the $33,240 salary has average purchasing power locally.
Are there many Medical Transcriptionist jobs per capita in Charleston-North Charleston?
With 0.71 jobs per 1,000 workers, the rate is moderate, suggesting a steady but not overwhelmingly high number of opportunities relative to the general workforce size.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Charleston-North Charleston, SC area with a job density of 0.71 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Medical Transcriptionists Salaries by State
Top Jobs in Charleston-North Charleston, SC
- All Occupations Salary in Charleston-North Charleston, SC
- Office and Administrative Support Occupations Salary in Charleston-North Charleston, SC
- Food Preparation and Serving Related Occupations Salary in Charleston-North Charleston, SC
- Sales and Related Occupations Salary in Charleston-North Charleston, SC
- Transportation and Material Moving Occupations Salary in Charleston-North Charleston, SC
- Healthcare Practitioners and Technical Occupations Salary in Charleston-North Charleston, SC
- Business and Financial Operations Occupations Salary in Charleston-North Charleston, SC
- Management Occupations Salary in Charleston-North Charleston, SC
- Production Occupations Salary in Charleston-North Charleston, SC
- Educational Instruction and Library Occupations Salary in Charleston-North Charleston, SC
- Browse All Jobs in Charleston-North Charleston, SC →
Semantic Salary Analysis for Medical Transcriptionists • Data source: BLS OEWS 2024 •Jobs in Charleston-North Charleston, SC