Medical Billing Salary

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.

$36,676
Median Annual Salary
$17.63/hr
Hourly Rate
$25,235
Entry Level (P10)
$56,847
Top Earners (P90)

Based on BLS state-level estimates · View source

Medical Billing and Coding Specialist Hourly Rate in Centennial, CO — 2026 est., based on 2025 BLS
Centennial, CO medical billing and coding specialist hourly rate overview (2026 est., based on 2025 BLS)

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

PercentileHourly RatePer 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.

Horizontal bars showing a medical billing and coding specialist in Centennial earning $17.63/hr would make approximately $21,156 part-time (24 hr/wk) or $36,670 full-time (40 hr/wk).Part-Time (24 hr/wk)$21,156Reduced (32 hr/wk)$28,208Full-Time (40 hr/wk)$36,670

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.

Annual estimates assume 5052 working weeks per year. Actual earnings vary by employer, overtime, and benefits.

Hourly Rate Calculator

$141.04
per 8hr shift
$705.19
per week
$3,056
per month
$36,670
per year

Schedule Comparison in Centennial

ScheduleWeeklyMonthlyAnnual
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

RoleMedian 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
Horizontal bar chart comparing medical billing and coding specialist median salary in Centennial ($36,676) with Colorado average ($32,601) and the US national median ($30,349).Centennial$36,676Colorado Avg$32,601+12.50%US National$30,349+20.85%

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 (20212027)

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

BLS Actual Estimated Projected
Hourly rate trajectory chart for medical billing and coding specialists in Centennial. Baseline $15.72/hr in 2025, projected to $18.04/hr by 2027.$13$18$22$26$3120212022202320242025202620272025 BLS$15.72$15.90$16.43$28.30$17.23$17.63$18.04
YearHourly RateStatus
2021$15.72/hrActual
2022$15.90/hrActual
2023$16.43/hrActual
2024$28.30/hrActual
2025$17.23/hrActual
2026(current)$17.63/hrEstimated
2027$18.04/hrProjected

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 (20212025) are actual BLS OEWS figures for the Centennial 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.

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.

Frequently Asked Questions

What is the hourly rate for medical billing and coding specialists in Centennial in 2026?

The estimated 2026 median hourly rate for medical billing and coding specialists in Centennial is $17.63/hour, based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). Rates range from $12.14 at entry level (10th percentile) to $27.33 for experienced practitioners (90th percentile). This is 20.8% above the national average. Hourly pay varies based on practice type, patient volume, years of experience, and whether the position includes benefits.

How much do part-time medical billing and coding specialists make in Centennial?

A part-time medical billing and coding specialist working 3 days per week (24 hours) in Centennial earns approximately $1,833/month, or $22,002/year at the median hourly rate of $17.63. Many medical billing and coding specialists prefer part-time schedules for work-life balance, and some work at multiple practices to maximize earnings. Part-time positions may not include benefits like health insurance or retirement contributions, but typically offer higher hourly rates to compensate.

Are medical billing and coding specialists in Centennial paid hourly or salary?

The majority of medical billing and coding specialists in Centennial are paid hourly at a median rate of $17.63/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $36,670/year, often bundled with benefits including health insurance, paid time off, retirement plans, and continuing education allowances. Hourly pay gives flexibility, while salary positions provide income stability.

How much does a full-time medical billing and coding specialist make per year in Centennial?

A full-time medical billing and coding specialist working 40 hours per week (2,080 hours/year) in Centennial earns approximately $36,670/year at the median hourly rate of $17.63. This is 20.8% above the national median. Top earners working full-time can reach $56,846/year at the 90th percentile rate. Overtime and weekend shifts may further increase annual earnings.

Do medical billing and coding specialists earn more per hour working part-time in Centennial?

Part-time and per diem medical billing and coding specialists in Centennial sometimes command higher hourly rates — up to $27.33/hour — because practices need flexible coverage for specific days or peak hours. However, part-time positions typically do not include benefits like health insurance, paid time off, or retirement contributions. When factoring in the value of benefits, full-time salaried positions may offer comparable or better total compensation despite a slightly lower hourly rate.

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

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).

View estimation methodology

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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