How Much Do Medical Transcriptionists Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

2021 Annual Salary, Salary Range, and Highest Paying States and Industries

Medical Transcriptionists

Medical Transcriptionists transcribe medical reports recorded by physicians and other healthcare practitioners using various electronic devices, covering office visits, emergency room visits, diagnostic imaging studies, operations, chart reviews, and final summaries. Transcribe dictated reports and translate abbreviations into fully understandable form. Edit as necessary and return reports in either printed or electronic form for review and signature, or correction.

Salary
$37310
Becoming One
Medium
Education
Post-secondary certificate
Job Satisfaction
Job Growth

Personality
Interest Match




Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$37310 per year
Hourly wage
$18 per hour

Starting salary

Entry-level annual salary
$21,790 to $27,070 per year
Entry-level hourly wage
$10 to $13 per hour

Entry-level Medical Transcriptionists with little to no experience can expect to make anywhere between $21,790 to $27,070 per year or $10 to $13 per hour. Similar to any other job, their salary will increase as they gain experience.


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Salary rank

Salary rank
D

We wanted to make it easy for our readers to compare the salary of Medical Transcriptionists to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $27 $55,220
Senior (Top 25%) $22 $45,260
Middle (Mid 50%) $17 $35,270
Junior (Bottom 25%) $13 $27,070
No experience (Bottom 10%) $10 $21,790

Highest paying states

State Hourly Annual
CA $25 $51,600
MN $23 $47,400
CT $23 $47,270
NJ $22 $44,840
VT $21 $43,080
HI $21 $43,070
NE $20 $41,920
WY $20 $41,730
OK $20 $41,370
UT $20 $41,190

Another simple way to increase your salary as a Medical Transcriptionist is to move to a higher paying state. However moving to a higher paying state like CA doesn’t guarantee that you will make more because the expenses at CA might be much higher than where you are currently living at right now.

According to BLS, the highest paid Medical Transcriptionists are in the states of CA, MN, CT, NJ and VT.

Highest paying industries

Salary by industry Annual Hourly
Offices of Dentists $50850 $24.45
Local Government $46400 $22.31
Accounting, Tax Preparation, Bookkeeping, and Payroll Services $44690 $21.49
Legal Services $44600 $21.44
Specialty Hospitals $44010 $21.16
Medical and Diagnostic Laboratories $43160 $20.75
General Medical and Surgical Hospitals $42550 $20.46
Other Ambulatory Health Care Services $41180 $19.80
Psychiatric and Substance Abuse Hospitals $40890 $19.66
Nursing Care Facilities (Skilled Nursing Facilities) $40470 $19.46
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities $39670 $19.07
Colleges, Universities, and Professional Schools $39060 $18.78
Offices of Physicians $38020 $18.28
Home Health Care Services $37880 $18.21
Management of Companies and Enterprises $37810 $18.18
Offices of Other Health Practitioners $36990 $17.79
Management, Scientific, and Technical Consulting Services $36580 $17.59
Employment Services $36360 $17.48
Vocational Rehabilitation Services $35280 $16.96
Individual and Family Services $35270 $16.96
Business Support Services $34410 $16.55
Office Administrative Services $33290 $16.01
Outpatient Care Centers $31370 $15.08
Other Professional, Scientific, and Technical Services $23620 $11.36

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