Memphis, TN (population: 662,989) has three medical transcription schools within a 100-mile radius of its city center. Arkansas Northeastern College, the highest ranked school in this group with a medical transcription program, has a total student population of 1,914. It is the 5201st highest ranked school in the USA and the 63rd highest in the state of Arkansas (#1 is Harding University).
Medical Transcription students from Memphis schools who go on to become medical transcriptionists, medical assistants, medical billing specialists, medical secretaries, etc. have a good chance at finding employment. For example, there are 82,810 people working as medical transcriptionists alone in the US, and their average annual salary is $33,350. Also, Medical assistants make on average $29,450 per year and there are about 495,970 of them employed in the US today. In fact, in the Memphis-MS-AR area alone, there are 2,670 employed medical assistants earning an average salary of $26,930. Medical transcriptionists in this area earn $31,950/yr and there are 240 employed.
Memphis lies in Shelby county, which is one of the 26 counties in Tennessee. Overall, the Memphis-MS-AR area has 605,630 total employed workers according to the US Bureau of Labor Statistics, with a 1.2% unemployment rate, $18.93/hr average worker wage, and a $39,380 average annual salary. Thus, about 0.391 out of every 1000 jobs in Memphis are held by medical transcriptionists, and 4.415/1000 are held by medical assistants.
Of the 3 medical transcription schools with a 100-mile radius of Memphis, none have a student population over 10k. After taking into account tuition, living expenses, and financial aid, Arkansas Northeastern College comes out as the most expensive ($6,552/yr) for medical transcription students, with Black River Technical College as the lowest, reported at only $4,517/yr.