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Average Medical Transcriptionists Salary in Illinois

Medical Transcriptionists in Illinois earn an average annual salary of $38,670, which is slightly below the national average of $39,010. This marginal difference can be attributed to a variety of local economic factors, including the specific demand within the healthcare sector in Illinois and the overall cost of living within the state's various metropolitan and rural areas.

Executive Summary

  • Average Salary: $38,670 per year.
  • Growth Trend: Salaries have shifted 41.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $50,790.
  • Outlook: With a local workforce of 1,500 Medical Transcriptionists, Illinois presents a stable, albeit not rapidly expanding, job market for this profession. The location quotient of 0.89 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate level of demand that aligns with the state's overall healthcare infrastructure.
2024 Market Data

Salary Overview

$38,670

The average Medical Transcriptionists in Illinois earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$18.6

Weekly

$744

Monthly

$3,223

Medical Transcriptionists Salary Distribution in Illinois

Salary progression for Medical Transcriptionists in Illinois typically scales with experience and specialization. Entry-level positions may start at the lower end of the pay scale, while senior transcriptionists with extensive experience, specialized medical terminology knowledge, and advanced editing skills can command significantly higher salaries, often reaching into the upper percentiles of the salary range.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$30,870$14.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$29,003$13.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$36,610$17.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$48,338$23.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$50,790$24.4

Detailed Medical Transcriptionists Market Analysis

Relocation Context

Nominal Salary

$38,670

Gross Pay

Real Wage (Purchasing Power)

$42,124

Adjusted for COL (91.8)

The average annual salary of $38,670 in Illinois is positioned favorably against the state's Cost of Living Index of 91.8. This index, being below the national average of 100, suggests that the nominal salary offers a relatively good purchasing power for residents, potentially allowing for a comfortable standard of living compared to more expensive states.

Job Market Context

1,500

Total Jobs

0.247

Per 1K Jobs

0.89

Location Quotient

Below Average

Illinois has 0.89x 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.

A Location Quotient of 0.89 indicates that Medical Transcriptionist jobs are slightly less concentrated in Illinois than the national average. This suggests that while the profession is present and supported within the state's healthcare system, the market is not oversaturated, offering a balanced environment for both job seekers and employers.

Nearby Job Markets

Nearby Cities for Medical Transcriptionists

CitySalaryDist.
Springfield, IL Medical Transcriptionists Salary$38,580↓ 0%53 mi

Comparing salaries near Illinois

Hiring Medical Transcriptionistss?

Frequently Asked Questions

How much does a Medical Transcriptionists make in Illinois?

The median annual salary for a Medical Transcriptionists in Illinois is $38,670. This typically ranges from $30,870 for entry-level positions to $50,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 0.9% lower than the national median of $39,010.

Is Illinois a lucrative place for Medical Transcriptionists?

No, not significantly more lucrative than the national average.Illinois Medical Transcriptionists earn slightly less than the national average, but the lower cost of living offers comparable purchasing power. The job market is stable but not exceptionally concentrated.

Is Illinois a good place to live for Medical Transcriptionists?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

Some top paying nearby cities include Springfield, IL ($38,580) and others.

What is the average salary for a Medical Transcriptionist in Illinois?

The average annual salary for a Medical Transcriptionist in Illinois is $38,670.

How does the Illinois salary compare to the national average?

The average salary in Illinois ($38,670) is slightly lower than the national average ($39,010).

Is the job market for Medical Transcriptionists strong in Illinois?

The job market is stable with a workforce of 1,500 and a location quotient of 0.89, indicating moderate demand relative to the national average.

How does the cost of living in Illinois affect the salary?

With a Cost of Living Index of 91.8 (below the national average of 100), the $38,670 salary offers good purchasing power for residents in Illinois.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,500 employees in the Illinois area with a job density of 0.247 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Medical Transcriptionists • Data source: BLS OEWS 2024 •Jobs in Illinois