Average Medical Transcriptionists Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
Medical Transcriptionists in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $43,270. This figure is notably higher than the national average of $39,010, suggesting that local market dynamics and demand contribute to a more favorable compensation landscape for these professionals in the region.
Executive Summary
- Average Salary: $43,270 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,940.
- Outlook: With a local workforce of 300 Medical Transcriptionists, the Nashville area demonstrates a stable, albeit not exceptionally concentrated, presence of this profession. The Location Quotient of 0.97 indicates that the concentration of Medical Transcriptionists is very close to the national average, suggesting a consistent demand that aligns with national trends, rather than an unusually high or low market.
Salary Overview
The average Medical Transcriptionists in Nashville-Davidson--Murfreesboro--Franklin, TN earns+10.9%above the national average.
$20.8
$832
$3,606
Medical Transcriptionists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Medical Transcriptionist salaries in Nashville have experienced gradual growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, technological advancements influencing transcription methods, and general inflation likely contribute to a steady upward trajectory in compensation for skilled professionals in this field.
Medical Transcriptionists Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
The salary progression for Medical Transcriptionists typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized transcriptionists, possessing advanced skills and a proven track record, can command significantly higher salaries. The percentile gaps between these levels signify clear career progression opportunities and the value placed on expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $34,390 | $16.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $32,453 | $15.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $43,800 | $21.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $54,088 | $26 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $49,940 | $24 |
Detailed Medical Transcriptionists Market Analysis
Relocation Context
Nominal Salary
$43,270
Gross Pay
Real Wage (Purchasing Power)
$43,270
Adjusted for COL (100)
The average annual salary of $43,270 in Nashville-Davidson--Murfreesboro--Franklin, TN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Transcriptionist's salary in this region is equivalent to the national average, offering a stable financial standing without the added pressure of a significantly higher or lower cost of living.
Job Market Context
300
Total Jobs
0.27
Per 1K Jobs
0.97
Location Quotient
Nashville-Davidson--Murfreesboro--Franklin, TN has 0.97x 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 0.97 suggests that the job market for Medical Transcriptionists in Nashville-Davidson--Murfreesboro--Franklin, TN is nearly on par with the national average in terms of concentration. This indicates a balanced market where the demand for these professionals is consistent with the overall U.S. landscape, implying neither an oversupply nor a significant shortage of talent.
Nearby Job Markets
Nearby Cities for Medical Transcriptionists
| City | Salary | Dist. |
|---|---|---|
| South Central Tennessee nonmetropolitan area Medical Transcriptionists Salary | $36,790↓ 15% | 29 mi |
| West Tennessee nonmetropolitan area Medical Transcriptionists Salary | $35,830↓ 17% | 29 mi |
| North Central Tennessee nonmetropolitan area Medical Transcriptionists Salary | $38,960↓ 10% | 29 mi |
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Medical Transcriptionistss?
Frequently Asked Questions
How much does a Medical Transcriptionists make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Medical Transcriptionists in Nashville-Davidson--Murfreesboro--Franklin, TN is $43,270. This typically ranges from $34,390 for entry-level positions to $49,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 10.9% higher than the national median of $39,010.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Medical Transcriptionists?
Yes, it offers competitive compensation.Medical Transcriptionists in this area earn above the national average salary. Coupled with a cost of living that matches the national average, this makes the region financially attractive for the profession.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Medical Transcriptionists?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include South Central Tennessee nonmetropolitan area ($36,790) and West Tennessee nonmetropolitan area.
How does the Nashville Medical Transcriptionist salary compare to the national average?
The average annual salary for Medical Transcriptionists in Nashville is $43,270, which is higher than the national average of $39,010.
What is the concentration of Medical Transcriptionists in Nashville?
The concentration, measured by the Location Quotient, is 0.97, indicating that the presence of Medical Transcriptionists in Nashville is very close to the national average.
How does the cost of living in Nashville affect the salary?
Nashville's Cost of Living Index is 100, which is the national average. This means the $43,270 salary has purchasing power equivalent to the national average.
What is the total number of Medical Transcriptionists in the Nashville area?
There are approximately 300 Medical Transcriptionists employed in the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 0.27 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 Nashville-Davidson--Murfreesboro--Franklin, TN