Medical Billing and Coding Specialist Hourly Pay in Peoria, IL: $14.22 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Peoria, IL runs $14.22 at the median for 2026 — annualizing to $29,590 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Peoria's regional price level (BEA RPP 91.2, 9% below national), each hour of work buys what $15.59 nationally would. A 24-hour part-time schedule grosses $17,750 per year.
Official BLS data · View source
In Peoria, Illinois, the projected median hourly pay for medical billing and coding specialists stands at $14.22, slightly below the national median of $14.59. This figure is relevant for professionals engaged in various work environments, including remote home offices, hospital health information management (HIM) departments, and third-party coding companies. For part-time workers operating three days a week, typically working 24 hours, the pay translates to a flexible income structure that can cater to personal commitments or continued education. Entry-level specialists may start at $10.78 per hour, while experienced coders can approach the higher end of the spectrum at $21.33 per hour, illustrating the potential for growth in this career, especially as employers increasingly embrace remote work arrangements in the aftermath of 2020.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $10.78 | $86.28 |
| Lower Range (P25) | $12.97 | $103.79 |
| Median (P50) | $14.22 | $113.78 |
| Upper Range (P75) | $17.20 | $137.60 |
| Top Earners (P90) | $21.33 | $170.67 |
Estimated Annual Income by Work Schedule in Peoria
Based on $14.22/hr median hourly rate · 2026 est.
At $14.22/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Peoria, IL can expect to earn approximately $29,583 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $17,067. With a cost-of-living index of 91.23 (below the national average), these earnings stretch further in Peoria.
Hourly Rate Calculator
Schedule Comparison in Peoria
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $568.90 | $2,465 | $29,583 |
| Part-Time (24 hrs) | $341.34 | $1,479 | $17,750 |
| Per Diem (16 hrs) | $227.56 | $986 | $11,833 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Peoria) | $14.22 |
| 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 Peoria, IL earn a median of $29,590 per year (2026 est.), which is 2.50% lower than the national median of $30,349 and 0.20% below the Illinois state average of $29,649.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $14.22/hr = $17,750/year (purchasing power: $19,456).
Working 40h/week (full-time) = $29,583/year (purchasing power: $32,426).
CoL index: 91.231 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$17.82/hr
2025 BLS Actual
$13.90/hr
2026 Current Est.
$14.22/hr
2021–2027 Growth
+-18.3%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Peoria (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $17.82/hr | Actual |
| 2022 | $18.54/hr | Actual |
| 2023 | $25.99/hr | Actual |
| 2024 | $23.13/hr | Actual |
| 2025 | $13.90/hr | Actual |
| 2026(current) | $14.22/hr | Estimated |
| 2027 | $14.55/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Peoria grew -22.0% from $17.82/hr (2021) to $13.90/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $14.55/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 Peoria 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 Peoria
Analytically, part-time medical billing and coding specialists earning the prevailing hourly rate can expect to see different outcomes compared to full-timers. In Peoria, someone working 24 hours weekly might net around $17,071 annually, considerably less than their full-time counterparts, yet allowing for a balance of work and life. For those considering per diem roles, payment rates fluctuate significantly in Peoria—with 1099 coders typically billing between $25 and $42 per hour, depending on skills and client needs. Various employer types, such as physician group practices or hospital inpatient coding departments, will offer distinct pay scales across the local sphere. Professionals may face a choice between lower hourly rates with employer-provided benefits or higher rates as independent workers without those safety nets. Understanding these trade-offs is key; it can be strategic to negotiate hourly pay by emphasizing your familiarity with specific coding systems like ICD-10-CM, CPT, or risk adjustment methodologies, positioning yourself effectively within the competitive Peoria market.
More salary data for Peoria, 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
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 Peoria. 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