Medical Billing and Coding Specialist Hourly Pay in Waterbury, CT: $16.31 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Waterbury, CT runs $16.31 at the median for 2026 — annualizing to $33,916 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Waterbury's regional price level (BEA RPP 99.8, 0% above national), each hour of work buys what $16.35 nationally would. A 24-hour part-time schedule grosses $20,355 per year.
Official BLS data · View source
In 2026, the medical billing and coding specialist hourly pay in Waterbury, Connecticut is projected to reach $16.31. This figure is significantly above the national hourly median of $14.59, reflecting both the region's demand for skilled professionals and the overall cost of living. For those considering part-time roles, such as working three days a week, this hourly rate can provide a stable income even with a reduced schedule. Per-diem positions are also appealing; they allow for flexibility and the opportunity to earn hourly rates that vary depending on experience and coding specialty. The overall hourly range for medical billing and coding specialists in Waterbury extends from $11.06 at the entry-level to as much as $22.06 for top earners, showcasing a range of opportunities across various settings, including remote work from home, hospital departments, and third-party coding firms, based on 2025 BLS OEWS data, projected to 2026.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $11.06 | $88.49 |
| Lower Range (P25) | $13.51 | $108.05 |
| Median (P50) | $16.31 | $130.48 |
| Upper Range (P75) | $17.61 | $140.87 |
| Top Earners (P90) | $22.06 | $176.48 |
Estimated Annual Income by Work Schedule in Waterbury
Based on $16.31/hr median hourly rate · 2026 est.
At $16.31/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Waterbury, CT can expect to earn approximately $33,924 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $19,572. With a cost-of-living index of 99.78 (below the national average), these earnings stretch further in Waterbury.
Hourly Rate Calculator
Schedule Comparison in Waterbury
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $652.39 | $2,827 | $33,924 |
| Part-Time (24 hrs) | $391.44 | $1,696 | $20,355 |
| Per Diem (16 hrs) | $260.96 | $1,131 | $13,570 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Waterbury) | $16.31 |
| 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 Waterbury, CT earn a median of $33,916 per year (2026 est.), which is 11.75% higher than the national median of $30,349 and 5.60% below the Connecticut state average of $35,928.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $16.31/hr = $20,355/year (purchasing power: $20,400).
Working 40h/week (full-time) = $33,924/year (purchasing power: $34,000).
CoL index: 99.778 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$28.27/hr
2025 BLS Actual
$15.94/hr
2026 Current Est.
$16.31/hr
2021–2027 Growth
+-41.0%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Waterbury (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $28.27/hr | Actual |
| 2022 | $22.89/hr | Actual |
| 2023 | $25.57/hr | Actual |
| 2024 | $26.58/hr | Actual |
| 2025 | $15.94/hr | Actual |
| 2026(current) | $16.31/hr | Estimated |
| 2027 | $16.69/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Waterbury grew -43.6% from $28.27/hr (2021) to $15.94/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $16.69/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 Waterbury 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 Waterbury
Part-time medical billing and coding specialists focusing on a 24-hour workweek can earn a notable income annually, potentially exceeding $33,000, while enjoying flexibility in their schedule. In contrast, per diem medical billing and coding specialist pay in Waterbury usually ranges from $25 to $42 per hour, which can lead to higher earnings in specialized areas like CCS inpatient coding, where hourly wages can hit $35 to $55. The compensation landscape varies widely depending on the employer type—healthcare facilities, insurance companies, and consulting firms may offer different hourly rates that account for benefits. Some professionals might opt for lower hourly wages associated with full-time positions in order to secure health insurance and other benefits, highlighting the trade-offs in this career. For specialists negotiating their compensation, understanding local market rates and emphasizing relevant certifications from AAPC or AHIMA can yield better results, ensuring that local hourly expectations in Waterbury align with their qualifications and the evolving needs of healthcare coding.
More salary data for Waterbury, CT:
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
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 Waterbury. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
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