Entry-Level Medical Billing and Coding Specialist Salary in Quincy, IL: $20,406 (2026)
Quick Answer:New medical billing and coding specialists entering the Quincy, IL job market in 2026 can expect a starting salary around $20,406 (BLS 10th-percentile benchmark for SOC 29-2072, projected from 2025 OEWS data). Stripping out Quincy's local price level (BEA RPP 97.1 — 3% below national), a first-year paycheck buys what $21,015 would in average-cost America. Most reach the city median ($28,775) within a few years of clinical practice.
Based on BLS state-level estimates · View source

For those entering the medical billing and coding field in Quincy, Illinois, the starting medical billing and coding specialist salary is projected at $20,406 in 2026. This figure is considerably below the median annual salary for the area, which stands at $28,775, highlighting a significant gap for new graduates. Although the initial pay may appear modest, there is a clear progression trajectory for entry-level coders. As professionals accrue experience, they can expect to reach the 25th percentile at $24,960 and possibly achieve the median within just a few years. Given Quincy’s overall cost of living index of 97.1 relative to the national average, the potential to grow into a more competitive salary during the first few years makes this market reasonably attractive for newcomers in the field.
About the Quincy Market
Salary estimated from Illinois average ($50,000) adjusted for local cost of living.
Career Earnings Timeline in Quincy
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Quincy
Entry-level medical billing and coding specialists in Quincy, IL typically start between $20,406 and $24,960 per year (2026 est.). The full salary range spans $24,196 from the 10th to 90th percentile, with the local median at $28,775 — 5.19% below the national median.
Return on Investment
The average medical billing and coding program cost in Illinois of $5,000 represents just 24.50% of the starting medical billing and coding specialist pay ($20,406/year) in Quincy. 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 Quincy
- 1Research the Quincy market: entry-level medical billing and coding specialist pay ranges from $20,406 to $24,960, 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 IL often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Quincy, 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 Quincy for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Quincy'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 Quincy is $24,196 ( 118.57%) between entry-level and top earners. Starting at $20,406, experienced hygienists can earn up to $44,602.
Represents the current salary spread across experience levels, not projected career growth rate.
2021 BLS Actual
$15,863
2025 BLS Actual
$19,943
2026 Current Est.
$20,406
2021–2027 Growth
+31.6%
Salary Trajectory for Medical Billing and Coding Specialists in Quincy (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $15,863 | Actual |
| 2022 | $17,092 | Actual |
| 2023 | $18,908 | Actual |
| 2024 | $32,853 | Actual |
| 2025 | $19,943 | Actual |
| 2026(current) | $20,406 | Estimated |
| 2027 | $20,879 | Projected |
Entry-level medical billing and coding specialist compensation (10th percentile) in Quincy, IL grew 25.7% over 5 years based on actual BLS metropolitan area surveys, rising from $15,863 in 2021 to $19,943 in 2025. By 2027, starting salaries are projected to reach $20,879. New graduates entering the Quincy job market can expect continued year-over-year gains.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Quincy metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 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 Quincy
Employers in Quincy, particularly third-party coding companies and payer coding audit teams, often seek recent graduates for their entry-level positions, typically requiring candidates to hold credentials such as AAPC's CPC-A or AHIMA's CCS. Outpatient facilities and physician group practices frequently hire beginner coders, while hospital inpatient coding roles typically necessitate a CCS certification. For coders aiming to enhance their initial compensation, continuous education in specialized areas like risk adjustment or HCC coding will be invaluable; these areas have exhibited rapid growth, especially under Medicare Advantage and ACA marketplace plans. New coders should develop a strategy to update their knowledge regularly and secure additional certifications, as the nature of the field has shifted largely to remote work since 2020, thus broadening opportunities for professionals in Quincy, IL. Realistic salary growth expectations in the first three years can vary, but professionals can anticipate moving towards mid-range salaries as they build their expertise and credentials within this evolving industry.
More salary data for Quincy, IL:
Frequently Asked Questions
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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.
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 Quincy. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Quincy is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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