Medical Billing and Coding Specialist Hourly Pay in Centennial, CO: $17.63 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Centennial, CO runs $17.63 at the median for 2026 — annualizing to $36,676 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Centennial's regional price level (BEA RPP 105.0, 5% above national), each hour of work buys what $16.79 nationally would. A 24-hour part-time schedule grosses $22,002 per year.
Based on BLS state-level estimates · View source

In Centennial, Colorado, a medical billing and coding specialist earns a median hourly rate of $17.63, significantly higher than the national median of $14.59. This favorable pay aligns with the cost of living index in the area, which stands at 105, indicating that professionals in this field can expect reasonable compensation for their expertise. The work environment for these specialists often varies; many operate from remote home offices, while others are situated within hospital health information management (HIM) departments or third-party coding companies. Entry-level positions may start at around $12.14 per hour, while experienced coders can command rates up to $27.33, reflecting the range of expertise within Centennial's market. This hourly data is derived from annual estimates, illustrating the dynamic earnings potential for both full-time and part-time workers in this crucial healthcare role.
About the Centennial Market
Salary estimated from Colorado average ($55,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $12.14 | $97.08 |
| Lower Range (P25) | $14.43 | $115.42 |
| Median (P50) | $17.63 | $141.04 |
| Upper Range (P75) | $22.06 | $176.48 |
| Top Earners (P90) | $27.33 | $218.64 |
Estimated Annual Income by Work Schedule in Centennial
Based on $17.63/hr median hourly rate · 2026 est.
At $17.63/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Centennial, CO can expect to earn approximately $36,670 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $21,156. With a cost-of-living index of 105.00 (above the national average), these earnings may be offset by higher expenses in Centennial.
Hourly Rate Calculator
Schedule Comparison in Centennial
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $705.19 | $3,056 | $36,670 |
| Part-Time (24 hrs) | $423.11 | $1,833 | $22,002 |
| Per Diem (16 hrs) | $282.08 | $1,222 | $14,668 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Centennial) | $17.63 |
| 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 Centennial, CO earn a median of $36,676 per year (2026 est.), which is 20.85% higher than the national median of $30,349 and 12.50% above the Colorado state average of $32,601.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $17.63/hr = $22,002/year (purchasing power: $20,954).
Working 40h/week (full-time) = $36,670/year (purchasing power: $34,924).
CoL index: 105 (100 = national average).
2021 BLS Actual
$15.72/hr
2025 BLS Actual
$17.23/hr
2026 Current Est.
$17.63/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Centennial (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $15.72/hr | Actual |
| 2022 | $15.90/hr | Actual |
| 2023 | $16.43/hr | Actual |
| 2024 | $28.30/hr | Actual |
| 2025 | $17.23/hr | Actual |
| 2026(current) | $17.63/hr | Estimated |
| 2027 | $18.04/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Centennial grew 9.6% from $15.72/hr (2021) to $17.23/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $18.04/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 Centennial 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 Centennial
For those considering a part-time schedule, working three days a week as a medical billing and coding specialist can yield substantial annual earnings, although these will be lower than full-time counterparts. Typically, these professionals clock around 24 hours weekly. Per-diem or 1099 medical coders have greater flexibility and can charge between $25 and $42 per hour, with specialized roles such as CCS inpatient coders earning $35 to $55 per hour and CRC risk adjustment specialists fetching $40 to $65 per hour. Hourly rates vary based on employer type; for instance, those working in hospital coding departments may earn more stable pay compared to independent contractors. While some specialists may opt for lower hourly rates that include benefits from full-time positions, others might pursue higher pay without the security of health insurance. Negotiation strategies in Centennial could involve emphasizing unique skill sets or certifications like CPC or CCS, especially given the ongoing demand for remote coding professionals and the need for continuous education in evolving coding standards and practices.
More salary data for Centennial, CO:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Centennial in 2026?
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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 Centennial. 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 Centennial 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