Average Medical Transcriptionists Salary in Rapid City, SD
Yes, Rapid City, SD is a highly lucrative market for Medical Transcriptionistss. With an average annual salary of $50,060, professionals here earn significantly more than the national norm. Notably, Rapid City, SD is a key hub for this profession, with a job concentration 3.08x higher than average.
Executive Summary
- Average Salary: $50,060 per year.
- Growth Trend: Salaries have shifted 33.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,200.
- Outlook: The current demand for Medical Transcriptionistss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Rapid City, SD economy.
Salary Overview
The average Medical Transcriptionists in Rapid City, SD earns+28.3%above the national average.
$24.1
$963
$4,172
Medical Transcriptionists Salary Trends (2020-2024)
Over the past 4 years, Medical Transcriptionists salaries in Rapid City, SD have experienced a rapid surge, growing by 33.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Medical Transcriptionists Salary Distribution in Rapid City, SD
The earning potential for Medical Transcriptionistss in Rapid City, SD varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $41,890, while highly experienced professionals can command wages upwards of $64,200.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $41,890 | $20.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $37,545 | $18.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $52,310 | $25.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $62,575 | $30.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $64,200 | $30.9 |
Detailed Medical Transcriptionists Market Analysis
Relocation Context
Nominal Salary
$50,060
Gross Pay
Real Wage (Purchasing Power)
$50,060
Adjusted for COL (100)
In Rapid City, SD, the Cost of Living Index is 100. This increases your effective purchasing power from $50,060 to $50,060.
Job Market Context
60
Total Jobs
0.861
Per 1K Jobs
3.08
Location Quotient
Rapid City, SD has 3.1x 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.
60 people work as Medical Transcriptionists in Rapid City, SD.
Only 0.861 out of every 1,000 local jobs are Medical Transcriptionists roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Medical Transcriptionistss?
Frequently Asked Questions
How much does a Medical Transcriptionists make in Rapid City, SD?
The median annual salary for a Medical Transcriptionists in Rapid City, SD is $50,060. This typically ranges from $41,890 for entry-level positions to $64,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rapid City, SD is 28.3% higher than the national median of $39,010.
Is Rapid City, SD a good place for Medical Transcriptionistss?
Yes, Rapid City, SD is an excellent location for Medical Transcriptionistss. It offers both higher-than-average salaries ($50,060) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Rapid City, SD a good place to live for Medical Transcriptionists?
The Cost of Living Index in Rapid City, SD is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Rapid City, SD area with a job density of 0.861 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 Rapid City, SD