Medical transcriptionists

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Total Workforce

37.8k

Average Age

43.2

Estimated Job Growth

-3.31%

10-year projection

Average Salary

$24,652

Average Male Salary

$26,290

Average Female Salary

$24,342

About

Medical transcriptionists are most often employed by the Business support services industry. The average yearly wage for Medical transcriptionists was $24,652 in 2016. The top 3 most similar occupations to Medical transcriptionists by wage are Tellers, Preschool & kindergarten teachers, and Nursing, psychiatric, & home health aides.

The top 3 locations that employ the most Medical transcriptionists are . The top 3 locations with a relatively high concentration of Medical transcriptionists are .

Employment

Information on the businesses and industries that employ Medical transcriptionists and on wages and locations for those in the field. Business support services is the industry that employs the most Medical transcriptionists, both by share and by number, though the highest paid industry for Medical transcriptionists, by average wage, is Hospitals. Medical transcriptionists are paid most in Dothan City PUMA, AL but are relatively concentrated in false.

Wages

Yearly Wage

$24,652

AVERAGE SALARY

± $2,232

In 2017, Medical transcriptionists earned an average of $24,652, $27,413 less than than the average national salary of $52,065.

Nursing, psychiatric, & home health aides make somewhat more than Medical transcriptionists while Tellers make somewhat less. This chart shows the various occupations closest to Medical transcriptionists as measured by average annual salary in the US.

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Wage Distribution

0.351

WAGE GINI

In 2017, Medical transcriptionists had a wage GINI coefficient of 0.351, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Medical transcriptionists (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Medical transcriptionists.

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Spatial Concentration

PUMAs with a Relatively High Concentration of Medical transcriptionists

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Medical transcriptionists.

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Industries

Most Common

The most common industries employing Medical transcriptionists, by number of employees, are Business support services, Hospitals, and Offices of physicians.

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Highest Paying

The highest paying industries for Medical transcriptionists, by average wage, are Hospitals, Offices of physicians, and Outpatient care centers.

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Industries by Share

37.8k

2017 Workforce

± 4,775

9.88%

1 YEAR GROWTH

± 16.6%

The number of people employed as Medical transcriptionists has been growing at a rate of 9.88%, from 34,439 people in 2016 to 37,842 people in 2017.

This graphic shows the share of Medical transcriptionists employed by various industries. Business support services employs the largest share of Medical transcriptionists at  35.2%, followed by Hospitals with 34.3% and Offices of physicians with 16.8%.

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Diversity

Demographic information on Medical transcriptionists in the US. The average age of male Medical transcriptionists in the workforce is 30.2 and of female Medical transcriptionists is 45.7, and the most common race/ethnicity for Medical transcriptionists is White.

Gender Composition

6.02k

MALE WORKFORCE

± 1,905

31.8k

FEMALE WORKFORCE

± 4,379

84.1% of Medical transcriptionists are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Medical transcriptionists.

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Race & Ethnicity

Most Common Race or Ethnicity of Medical transcriptionists

  1. White

  2. Asian

  3. Black

82.5% of Medical transcriptionists are White, making that the most common race or ethnicity in the occupation. Representing 8.13% of Medical transcriptionists, Asian is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Medical transcriptionists.

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Age by Gender

30.2

AVERAGE MALE AGE

± 3.68

45.7

AVERAGE FEMALE AGE

± 2.23

The median age of Medical transcriptionists is 43.2, and Male employees are generally 15.5 years younger than than their Female counterparts.

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Education

Data on higher education choices for Medical transcriptionists from The Department of Education and Census Bureau. The most common major for Medical transcriptionists is Biology but a relatively high number of Medical transcriptionists hold a major in Biology.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

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Skills

Data on the critical and distinctive skills necessary for Medical transcriptionists from the Bureau of Labor Statistics. Medical transcriptionists need many skills, but most especially Reading Comprehension, Active Listening, and Writing. The revealed comparative advantage (RCA) shows that Medical transcriptionists need more than the average amount of Writing, Reading Comprehension, and Active Listening.

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Bar Chart

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Growth Projections

Projections on wages and job growth for Medical transcriptionists from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Medical transcriptionists are expected to see a growth of -3.31% over the same period. This occupation is expected to grow slower than the national average.

Job Growth

-3.31%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2016 to 2026) for Medical transcriptionists. This profession is expected to grow lower than 7.4%, the average rate of national job growth.

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