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Average Medical Transcriptionists Salary in Durham-Chapel Hill, NC

Medical Transcriptionists in the Durham-Chapel Hill, NC area earn an average annual salary of $27,840. This figure is notably below the national average of $39,010, suggesting that local market dynamics and potentially a higher concentration of entry-level positions influence compensation in this region. Understanding these local pay scales is crucial for professionals in the field.

Executive Summary

  • Average Salary: $27,840 per year.
  • Growth Trend: Salaries have shifted 12.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $32,760.
  • Outlook: The Durham-Chapel Hill, NC area supports a local workforce of 240 Medical Transcriptionists. With a Location Quotient of 2.48, this indicates a significantly higher concentration of these roles compared to the national average, suggesting a robust demand or a specialized local industry that draws these professionals. The presence of 0.693 jobs per 1,000 workers further underscores the localized importance of this profession.
2024 Market Data

Salary Overview

$27,840

The average Medical Transcriptionists in Durham-Chapel Hill, NC earns-28.6%below the national average.

BreakdownBased on 40h/week
Hourly

$13.4

Weekly

$535

Monthly

$2,320

Medical Transcriptionists Salary Distribution in Durham-Chapel Hill, NC

Salary progression for Medical Transcriptionists typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command higher salaries. The percentile gaps in earnings signify clear career progression pathways, rewarding increased expertise and efficiency within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$19,890$9.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$20,880$10
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$25,650$12.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$34,800$16.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$32,760$15.8

Detailed Medical Transcriptionists Market Analysis

Relocation Context

Nominal Salary

$27,840

Gross Pay

Real Wage (Purchasing Power)

$27,840

Adjusted for COL (100)

The average annual salary of $27,840 in Durham-Chapel Hill, NC 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 outlook for residents.

Job Market Context

240

Total Jobs

0.693

Per 1K Jobs

2.48

Location Quotient

Major Hub

Durham-Chapel Hill, NC 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.

A Location Quotient of 2.48 for Medical Transcriptionists in Durham-Chapel Hill, NC signifies a market that is more than twice as concentrated as the national average. This suggests a highly specialized local job market, potentially driven by the strong presence of healthcare institutions and research facilities in the Research Triangle area, making it a significant hub for this profession.

Nearby Job Markets

Nearby Cities for Medical Transcriptionists

Comparing salaries near Durham-Chapel Hill, NC

Hiring Medical Transcriptionistss?

Frequently Asked Questions

How much does a Medical Transcriptionists make in Durham-Chapel Hill, NC?

The median annual salary for a Medical Transcriptionists in Durham-Chapel Hill, NC is $27,840. This typically ranges from $19,890 for entry-level positions to $32,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 28.6% lower than the national median of $39,010.

Is Durham-Chapel Hill, NC a lucrative place for Medical Transcriptionists?

No, not compared to the national average.While the cost of living is average, the average salary for Medical Transcriptionists is significantly lower than the national average. The high concentration of jobs suggests demand, but not necessarily higher pay.

Is Durham-Chapel Hill, NC a good place to live for Medical Transcriptionists?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($27,190) and Greensboro-High Point, NC.

How does the local workforce size affect Medical Transcriptionist jobs in Durham-Chapel Hill, NC?

A local workforce of 240 Medical Transcriptionists indicates a substantial presence of these professionals, supporting the idea that there are established opportunities within the region.

What does a Location Quotient of 2.48 mean for Medical Transcriptionists?

A Location Quotient of 2.48 means that Medical Transcriptionists are more than twice as concentrated in Durham-Chapel Hill, NC compared to the national average, indicating a specialized and potentially competitive market.

How does the Cost of Living in Durham-Chapel Hill, NC compare to the national average?

The Cost of Living Index in Durham-Chapel Hill, NC is 100, which is exactly the national average, meaning expenses for goods and services are comparable to the rest of the country.

Are there many Medical Transcriptionist jobs per 1,000 workers in Durham-Chapel Hill, NC?

With 0.693 jobs per 1,000 workers, there is a moderate presence of Medical Transcriptionist roles relative to the overall workforce size in Durham-Chapel Hill, NC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Durham-Chapel Hill, NC area with a job density of 0.693 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.