Average Medical Transcriptionists Salary in Charlotte-Concord-Gastonia, NC-SC
Medical Transcriptionists in the Charlotte-Concord-Gastonia, NC-SC area earn an average annual salary of $30,450. This figure is notably below the national average of $39,010, suggesting that localized market dynamics, such as demand and the overall economic landscape of the region, play a significant role in compensation for this profession.
Executive Summary
- Average Salary: $30,450 per year.
- Growth Trend: Salaries have shifted 20.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,910.
- Outlook: With a local workforce of 430 Medical Transcriptionists, the Charlotte-Concord-Gastonia area demonstrates a stable, albeit modest, presence in this field. The Location Quotient of 1.16 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a steady demand that aligns with the existing workforce size.
Salary Overview
The average Medical Transcriptionists in Charlotte-Concord-Gastonia, NC-SC earns-21.9%below the national average.
$14.6
$586
$2,538
Medical Transcriptionists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the field of Medical Transcription has experienced moderate growth over the past four years, driven by the increasing volume of healthcare services and the need for accurate medical record-keeping. This growth likely translates to stable or slightly increasing salary trends for skilled transcriptionists in the Charlotte-Concord-Gastonia region.
Medical Transcriptionists Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
Salary progression for Medical Transcriptionists typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with advanced skills and a proven track record can command significantly higher salaries. The percentile gaps in pay reflect this career trajectory, rewarding expertise and efficiency.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $17,310 | $8.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $22,838 | $11 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $26,050 | $12.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $38,063 | $18.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $44,910 | $21.6 |
Detailed Medical Transcriptionists Market Analysis
Relocation Context
Nominal Salary
$30,450
Gross Pay
Real Wage (Purchasing Power)
$30,450
Adjusted for COL (100)
The average annual salary of $30,450 in Charlotte-Concord-Gastonia 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 is comparable to the national standard, indicating a balanced economic environment for residents.
Job Market Context
430
Total Jobs
0.324
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Charlotte-Concord-Gastonia, NC-SC has a slightly higher-than-average concentration of Medical Transcriptionists roles compared to the national norm.
The Location Quotient of 1.16 for Medical Transcriptionists in Charlotte-Concord-Gastonia signifies a market that is slightly more concentrated than the national average. This suggests a healthy presence of these roles, indicating a competitive but accessible job market where opportunities may be readily available for qualified individuals.
Nearby Job Markets
Nearby Cities for Medical Transcriptionists
| City | Salary | Dist. |
|---|---|---|
| Eastern North Carolina nonmetropolitan area Medical Transcriptionists Salary | $38,690↑ 27% | 65 mi |
| Western North Carolina nonmetropolitan area Medical Transcriptionists Salary | $34,080↑ 12% | 65 mi |
| Central North Carolina nonmetropolitan area Medical Transcriptionists Salary | $39,610↑ 30% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Medical Transcriptionistss?
Frequently Asked Questions
How much does a Medical Transcriptionists make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Medical Transcriptionists in Charlotte-Concord-Gastonia, NC-SC is $30,450. This typically ranges from $17,310 for entry-level positions to $44,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 21.9% lower than the national median of $39,010.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Medical Transcriptionists?
No, not particularly lucrative compared to the national average.The average salary of $30,450 is below the national average of $39,010. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Medical Transcriptionists?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Eastern North Carolina nonmetropolitan area ($38,690) and Western North Carolina nonmetropolitan area.
How does the local workforce size affect Medical Transcriptionist jobs in Charlotte?
A local workforce of 430 indicates a substantial, established group of professionals, suggesting consistent demand for their services within the healthcare sector of the Charlotte-Concord-Gastonia area.
What does a Location Quotient of 1.16 mean for Medical Transcriptionists in Charlotte?
A Location Quotient of 1.16 means that Medical Transcriptionists are 16% more concentrated in Charlotte-Concord-Gastonia than the national average, implying a slightly higher availability of these roles relative to the general workforce.
How does the Cost of Living in Charlotte compare to the national average?
Charlotte-Concord-Gastonia has a Cost of Living Index of 100, which is exactly the national average. This means that the general expenses for housing, utilities, and daily living are on par with the rest of the country.
What is the job outlook for Medical Transcriptionists in this region?
The outlook appears stable, with a concentration slightly above the national average and a workforce size that supports ongoing demand, though salary levels are currently below the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 0.324 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 Charlotte-Concord-Gastonia, NC-SC