Average Medical Transcriptionists Salary in Oklahoma City, OK
Medical Transcriptionists in Oklahoma City, OK, earn an average annual salary of $29,920. This figure is notably below the national average of $39,010. The localized pay scale in Oklahoma City is influenced by a combination of regional economic factors and the specific demand for these specialized roles within the state's healthcare sector.
Executive Summary
- Average Salary: $29,920 per year.
- Growth Trend: Salaries have shifted 30.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $40,510.
- Outlook: The Medical Transcriptionist job market in Oklahoma City, OK, shows a moderate level of concentration, indicated by a Location Quotient of 1.48, suggesting a slightly higher presence of these professionals compared to the national average. With a local workforce of 280 individuals in this role, the demand appears stable, though not exceptionally robust, implying a steady but not rapidly expanding job market.
Salary Overview
The average Medical Transcriptionists in Oklahoma City, OK earns-23.3%below the national average.
$14.4
$575
$2,493
Medical Transcriptionists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical Transcriptionists in Oklahoma City have experienced gradual growth over the past four years, mirroring national trends of increasing healthcare demand and the need for accurate medical documentation. This growth is likely driven by an aging population and advancements in medical technology requiring more detailed record-keeping.
Medical Transcriptionists Salary Distribution in Oklahoma City, OK
Experience plays a significant role in the earning potential of Medical Transcriptionists. Entry-level positions typically offer salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can command higher compensation. The percentile gaps in salary, from the 25th to the 75th percentile, 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) | $20,800 | $10 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $22,440 | $10.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $28,440 | $13.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $37,400 | $18 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $40,510 | $19.5 |
Detailed Medical Transcriptionists Market Analysis
Relocation Context
Nominal Salary
$29,920
Gross Pay
Real Wage (Purchasing Power)
$29,920
Adjusted for COL (100)
The average annual salary of $29,920 in Oklahoma City aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the nominal income earned by a Medical Transcriptionist in Oklahoma City will have purchasing power equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the real wage is comparable.
Job Market Context
280
Total Jobs
0.412
Per 1K Jobs
1.48
Location Quotient
With a location quotient of 1.48, Oklahoma City, OK has a slightly higher-than-average concentration of Medical Transcriptionists roles compared to the national norm.
With a Location Quotient of 1.48, Oklahoma City demonstrates a higher concentration of Medical Transcriptionists than the national average. This indicates a relatively more abundant supply of these professionals locally compared to other regions. While this might suggest a competitive job market, it also points to a well-established infrastructure and demand for these services within the city's healthcare system.
Nearby Job Markets
Nearby Cities for Medical Transcriptionists
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Medical Transcriptionists Salary | $28,530↓ 5% | 34 mi |
Comparing salaries near Oklahoma City, OK
Hiring Medical Transcriptionistss?
Frequently Asked Questions
How much does a Medical Transcriptionists make in Oklahoma City, OK?
The median annual salary for a Medical Transcriptionists in Oklahoma City, OK is $29,920. This typically ranges from $20,800 for entry-level positions to $40,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 23.3% lower than the national median of $39,010.
Is Oklahoma City, OK a lucrative place for Medical Transcriptionists?
No, it is not considered lucrative compared to the national average.The average salary of $29,920 is significantly lower than the national average of $39,010. However, the cost of living is also at the national average, meaning the lower salary's purchasing power is comparable.
Is Oklahoma City, OK a good place to live for Medical Transcriptionists?
The Cost of Living Index in Oklahoma City, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oklahoma City, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($28,530) and others.
How does the Oklahoma City Medical Transcriptionist salary compare to the national average?
The average annual salary for Medical Transcriptionists in Oklahoma City, OK, is $29,920, which is substantially lower than the national average of $39,010.
What is the concentration of Medical Transcriptionists in Oklahoma City?
Oklahoma City has a Location Quotient of 1.48 for Medical Transcriptionists, indicating a higher concentration of these professionals compared to the national average.
How does the cost of living affect the Oklahoma City Medical Transcriptionist salary?
The Cost of Living Index in Oklahoma City is 100, which is the national average. This means the lower nominal salary of $29,920 has a purchasing power equivalent to the national average.
What is the total number of Medical Transcriptionists in Oklahoma City?
There are approximately 280 Medical Transcriptionists working in Oklahoma City, OK.
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 Oklahoma City, OK area with a job density of 0.412 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 Oklahoma City, OK