Medical Billing Salary

Entry-Level Medical Billing and Coding Specialist Salary in Boulder, CO: $28,047 (2026)

Quick Answer:New medical billing and coding specialists entering the Boulder, CO job market in 2026 can expect a starting salary around $28,047 (BLS 10th-percentile benchmark for SOC 29-2072, projected from 2025 OEWS data). Stripping out Boulder's local price level (BEA RPP 105.25% above national), a first-year paycheck buys what $26,660 would in average-cost America. Most reach the city median ($34,586) within a few years of clinical practice.

$28,047
Starting Salary
$13.49/hr
Starting Hourly
$28,047
Entry Level
$34,586
Career Median Target

Official BLS data · View source

Medical Billing and Coding Specialist Entry Level Salary in Boulder, CO — 2026 est., based on 2025 BLS
Boulder, CO medical billing and coding specialist entry level salary overview (2026 est., based on 2025 BLS)

In Boulder, Colorado, those entering the medical billing and coding field can expect a starting salary in the vicinity of $28,047, which reflects the lower end of the spectrum for entry-level positions. This figure puts new graduates more than $6,500 below the city's median annual salary of $34,586, highlighting a significant gap as they embark on their careers. However, prospects for upward mobility are encouraging, as salaries can progress significantly from the 10th percentile to the 25th percentile, eventually approaching the city median within the first three to five years of active employment. Overall, Boulder offers a solid market for new entrants into the profession, especially with a projected growth rate of 2.32% annually, making it a viable option for aspiring coders.

Career Earnings Timeline in Boulder

Year 0-2

New Graduate

$28,047/yr
Year 2-5

Early Career

$29,126/yr
Year 5-10

Mid Career

$34,586/yr
Year 10+

Experienced

$36,337/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in Boulder

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Boulder. The median salary is $34,586, compared to the national median of $30,349.$25.2K$30.2K$35.1K$40.0K$44.9K$28.0K10th Pctl$29.1K25th Pctl$34.6KMedian$36.3K75th Pctl$42.8K90th PctlUS Median$30.3K

Entry-level medical billing and coding specialists in Boulder, CO typically start between $28,047 and $29,126 per year (2026 est.). The full salary range spans $14,712 from the 10th to 90th percentile, with the local median at $34,58613.96% above the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of medical billing and coding specialist pay in the Boulder metro area.

Return on Investment

$4,000
Avg CO Program Cost
$28,047
Starting Salary
14.26%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average medical billing and coding program cost in Colorado of $4,000 represents just 14.26% of the starting medical billing and coding specialist pay ($28,047/year) in Boulder. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.

Program cost estimates based on AHIMA/CAHIIM-accredited coding and health information certificate programs plus AAPC-approved training courses. Certificates at community colleges and online training programs are the most affordable; associate degree programs cost more but broaden career options. Exam fees (CCA, CCS, CPC) are typically $299-$499 and are separate from tuition.

MBS Salary Negotiation Tips for New Graduates in Boulder

  • 1Research the Boulder market: entry-level medical billing and coding specialist pay ranges from $28,047 to $29,126, so aim for at least the 25th percentile if you have strong credentials.
  • 2Highlight any additional certifications or specialty training within the medical billing and coding field — employers in CO often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Boulder, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
  • 4Consider starting with a larger hospital system or multi-site employer in Boulder for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Boulder's moderate cost of living means your starting salary goes further here compared to many larger metro areas.

Medical Billing and Coding Specialist Compensation Range

The medical billing and coding specialist wage spread in Boulder is $14,712 ( 52.45%) between entry-level and top earners. Starting at $28,047, experienced hygienists can earn up to $42,759.

Represents the current salary spread across experience levels, not projected career growth rate.

2021 BLS Actual

$29,440

2025 BLS Actual

$27,411

2026 Current Est.

$28,047

2021–2027 Growth

+-2.5%

Salary Trajectory for Medical Billing and Coding Specialists in Boulder (20212027)

2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.

BLS Actual Estimated Projected
Salary trajectory chart for medical billing and coding specialists in Boulder. Baseline $29,440 in 2025, projected to $28,698 by 2027.$23.5K$30.3K$37.1K$43.8K$50.6K20212022202320242025202620272025 BLS$29.4K$34.1K$43.1K$46.7K$27.4K$28.0K$28.7K
YearAnnual SalaryStatus
2021$29,440Actual
2022$34,110Actual
2023$43,070Actual
2024$46,730Actual
2025$27,411Actual
2026(current)$28,047Estimated
2027$28,698Projected

Entry-level medical billing and coding specialist compensation (10th percentile) in Boulder, CO grew -6.9% over 5 years based on actual BLS metropolitan area surveys, rising from $29,440 in 2021 to $27,411 in 2025. By 2027, starting salaries are projected to reach $28,698. New graduates entering the Boulder job market can expect continued year-over-year gains.

Note: Historical values (20212025) are actual BLS OEWS figures for the Boulder metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.

Starting Your medical billing and coding Career in Boulder

New graduates seeking employment in Boulder have various options for securing their first positions, with third-party coding companies and payer coding audit teams frequently hiring CPC-A (apprentice) coders. These roles often include structured mentorship programs that can provide invaluable support during the transition from training to practice. Entry-level positions at physician group practices and outpatient ambulatory surgical centers (ASCs) are also common, while opportunities in hospital inpatient coding, which typically require CCS certification, are available but may demand more experience. Credentials such as AAPC's CPC or AHIMA's CCS certifications significantly enhance earning potential. As the field adapts to remote work, the importance of continuous education in coding updates (ICD-10-CM and quarterly CPT revisions) and emerging specialties, such as risk adjustment coding, becomes apparent. Over the first few years, practitioners can anticipate realistic salary growth, especially by gaining targeted skills and certifications that are in high demand within this evolving field.

Frequently Asked Questions

What is the starting salary for medical billing and coding specialists in Boulder in 2026?

Entry-level medical billing and coding specialists in Boulder start at approximately $28,047/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $13.48/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do medical billing and coding specialist salaries grow in Boulder?

Most medical billing and coding specialists in Boulder progress from the entry-level salary of $28,047 to the area median of $34,586 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $42,759 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is medical billing and coding school worth it in Boulder?

With a starting salary of $28,047/year in Boulder and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new medical billing and coding specialists recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new medical billing and coding specialists make right out of school in Boulder?

New medical billing and coding graduates in Boulder typically start near the 10th percentile at $28,047/year, or approximately $13.48/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a medical billing and coding specialist in Colorado?

To become a licensed medical billing and coding specialist in Colorado, you typically need postsecondary certificate or associate degree in medical billing and coding from an accredited program, plus optional professional certification, then pass the required national and state licensing examinations. Most states, including Colorado, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some medical billing and coding specialists pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

Nearby Cities in Colorado

AP

Written by Amina Patel, CPC

Career Analyst

Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.

Clinically reviewed by Liam Johnson, RHITData verified by Sofia Nguyen, CCS

Methodology & Data Source

Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new medical billing and coding graduates. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Boulder. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Source: BLS, OEWS, 5-year dataset (). Per-city data from annual BLS metropolitan area surveys.

2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).

Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov

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