Medical Billing and Coding Specialist Hourly Pay in Thousand Oaks, CA: $16.47 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Thousand Oaks, CA runs $16.47 at the median for 2026 — annualizing to $34,264 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Thousand Oaks's regional price level (BEA RPP 113.1, 13% above national), each hour of work buys what $14.57 nationally would. A 24-hour part-time schedule grosses $20,559 per year.
Based on BLS state-level estimates · View source
In Thousand Oaks, a medical billing and coding specialist earns a median hourly pay of $16.47, which is notably higher than the national median of $14.59. This compensation not only reflects the local demand for skilled professionals but also underscores the increased prevalence of remote work for this role since 2020. For part-time workers operating three days a week, or for those who prefer a per-diem arrangement, this hourly rate can create flexible earning opportunities across various settings, such as home offices and hospital coding departments. The overall hourly compensation ranges from $12.29 at the entry level to approximately $25.53 for top earners, allowing room for advancement based on experience and specialization.
About the Thousand Oaks Market
Salary estimated from California average ($66,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $12.29 | $98.31 |
| Lower Range (P25) | $14.20 | $113.62 |
| Median (P50) | $16.47 | $131.79 |
| Upper Range (P75) | $21.09 | $168.71 |
| Top Earners (P90) | $25.53 | $204.23 |
Estimated Annual Income by Work Schedule in Thousand Oaks
Based on $16.47/hr median hourly rate · 2026 est.
At $16.47/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Thousand Oaks, CA can expect to earn approximately $34,265 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $19,768. With a cost-of-living index of 113.10 (above the national average), these earnings may be offset by higher expenses in Thousand Oaks.
Hourly Rate Calculator
Schedule Comparison in Thousand Oaks
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $658.94 | $2,855 | $34,265 |
| Part-Time (24 hrs) | $395.36 | $1,713 | $20,559 |
| Per Diem (16 hrs) | $263.58 | $1,142 | $13,706 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Thousand Oaks) | $16.47 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Billing and Coding Specialists in Thousand Oaks, CA earn a median of $34,264 per year (2026 est.), which is 12.90% higher than the national median of $30,349 and 2.30% below the California state average of $35,071.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $16.47/hr = $20,559/year (purchasing power: $18,178).
Working 40h/week (full-time) = $34,265/year (purchasing power: $30,296).
CoL index: 113.1 (100 = national average).
2021 BLS Actual
$14.69/hr
2025 BLS Actual
$16.10/hr
2026 Current Est.
$16.47/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Thousand Oaks (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $14.69/hr | Actual |
| 2022 | $14.85/hr | Actual |
| 2023 | $15.36/hr | Actual |
| 2024 | $36.10/hr | Actual |
| 2025 | $16.10/hr | Actual |
| 2026(current) | $16.47/hr | Estimated |
| 2027 | $16.86/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Thousand Oaks grew 9.6% from $14.69/hr (2021) to $16.10/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $16.86/hr by 2027. Part-time and per-diem medical billing and coding specialists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Thousand Oaks 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.
Working as an Hourly Medical Billing and Coding Specialist in Thousand Oaks
When assessing the financial landscape for a part-time medical billing and coding specialist in Thousand Oaks working 24 hours a week, annual earnings can reach approximately $20,650, significantly less than what full-time employees would make annually. Per-diem or agency workers in this field typically command higher rates, often billing between $25 and $42 per hour, while specialized coders, such as those with CCS certifications, may see rates soar to $35-$55 per hour. Notably, as different types of employers, including physician practices, insurance companies, and consulting firms, offer varied pay scales and benefits, many specialists face a decision: accept lower hourly wages for employment benefits or pursue higher-paying contract positions without health coverage. For professionals in Thousand Oaks, grasping local market rates and effectively negotiating based on their expertise can significantly impact their overall compensation strategy.
More salary data for Thousand Oaks, CA:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Thousand Oaks in 2026?
How much do part-time medical billing and coding specialists make in Thousand Oaks?
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Do medical billing and coding specialists earn more per hour working part-time in Thousand Oaks?
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical billing and coding specialists in Thousand Oaks. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Thousand Oaks 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