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Average Medical Transcriptionists Salary in Waterbury-Shelton, CT

Yes, Waterbury-Shelton, CT is a highly lucrative market for Medical Transcriptionistss. With an average annual salary of $48,990, professionals here earn significantly more than the national norm. Notably, Waterbury-Shelton, CT is a key hub for this profession, with a job concentration 1.23x higher than average.

Executive Summary

  • Average Salary: $48,990 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,550.
  • Outlook: The current demand for Medical Transcriptionistss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Waterbury-Shelton, CT economy.
2024 Market Data

Salary Overview

$48,990

The average Medical Transcriptionists in Waterbury-Shelton, CT earns+25.6%above the national average.

BreakdownBased on 40h/week
Hourly

$23.6

Weekly

$942

Monthly

$4,083

Medical Transcriptionists Salary Distribution in Waterbury-Shelton, CT

The earning potential for Medical Transcriptionistss in Waterbury-Shelton, CT 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 $39,710, while highly experienced professionals can command wages upwards of $57,550.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$39,710$19.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$36,743$17.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$46,800$22.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$61,238$29.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$57,550$27.7

Detailed Medical Transcriptionists Market Analysis

Relocation Context

Nominal Salary

$48,990

Gross Pay

Real Wage (Purchasing Power)

$48,990

Adjusted for COL (100)

In Waterbury-Shelton, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $48,990 to $48,990.

Job Market Context

50

Total Jobs

0.344

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Waterbury-Shelton, CT has a slightly higher-than-average concentration of Medical Transcriptionists roles compared to the national norm.

50 people work as Medical Transcriptionists in Waterbury-Shelton, CT.

Only 0.344 out of every 1,000 local jobs are Medical Transcriptionists roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Medical Transcriptionists

Comparing salaries near Waterbury-Shelton, CT

Hiring Medical Transcriptionistss?

Frequently Asked Questions

How much does a Medical Transcriptionists make in Waterbury-Shelton, CT?

The median annual salary for a Medical Transcriptionists in Waterbury-Shelton, CT is $48,990. This typically ranges from $39,710 for entry-level positions to $57,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 25.6% higher than the national median of $39,010.

Is Waterbury-Shelton, CT a good place for Medical Transcriptionistss?

Yes, Waterbury-Shelton, CT is an excellent location for Medical Transcriptionistss. It offers both higher-than-average salaries ($48,990) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Waterbury-Shelton, CT a good place to live for Medical Transcriptionists?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include Connecticut nonmetropolitan area ($45,040) and New Haven, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Waterbury-Shelton, CT area with a job density of 0.344 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.