Medical Billing and Coding Specialist Hourly Pay in Anderson, IN: $13.49 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Anderson, IN runs $13.49 at the median for 2026 — annualizing to $28,047 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Anderson's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $14.77 nationally would. A 24-hour part-time schedule grosses $16,830 per year.
Based on BLS state-level estimates · View source
In Anderson, Indiana, the projected median hourly pay for a medical billing and coding specialist is $13.49, which falls slightly below the national hourly median of $14.59. This rate is significant for those working part-time or on a per-diem basis, as it affects their overall earnings depending on the hours dedicated each week. Many specialists in this field are now working remotely from home offices, due to shifts in job dynamics post-2020, while others may work in settings like hospital health information management (HIM) departments or coding firms. The hourly pay rate in Anderson ranges from $10.07 for entry-level positions to $20.90 for highly experienced individuals, providing a wide spectrum that reflects both experience and the employer's budget constraints.
About the Anderson Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $10.07 | $80.55 |
| Lower Range (P25) | $11.60 | $92.82 |
| Median (P50) | $13.49 | $107.89 |
| Upper Range (P75) | $17.26 | $138.09 |
| Top Earners (P90) | $20.90 | $167.23 |
Estimated Annual Income by Work Schedule in Anderson
Based on $13.49/hr median hourly rate · 2026 est.
At $13.49/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Anderson, IN can expect to earn approximately $28,050 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $16,183. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Anderson.
Hourly Rate Calculator
Schedule Comparison in Anderson
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $539.43 | $2,338 | $28,050 |
| Part-Time (24 hrs) | $323.66 | $1,403 | $16,830 |
| Per Diem (16 hrs) | $215.77 | $935 | $11,220 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Anderson) | $13.49 |
| 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 Anderson, IN earn a median of $28,047 per year (2026 est.), which is 7.59% lower than the national median of $30,349 and 2.30% below the Indiana state average of $28,707.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $13.49/hr = $16,830/year (purchasing power: $18,434).
Working 40h/week (full-time) = $28,050/year (purchasing power: $30,723).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$12.03/hr
2025 BLS Actual
$13.18/hr
2026 Current Est.
$13.49/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Anderson (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $12.03/hr | Actual |
| 2022 | $12.16/hr | Actual |
| 2023 | $12.57/hr | Actual |
| 2024 | $19.74/hr | Actual |
| 2025 | $13.18/hr | Actual |
| 2026(current) | $13.49/hr | Estimated |
| 2027 | $13.80/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Anderson grew 9.6% from $12.03/hr (2021) to $13.18/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $13.80/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 Anderson 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 Anderson
Focusing on the financial implications of part-time work, a medical billing and coding specialist in Anderson, working three days a week for a total of 24 hours, takes home a significantly lower income than a full-time counterpart. While per-diem medical billing and coding specialists might achieve higher rates, reporting between $25 and $42 per hour, their irregular schedules often complicate financial stability. Variances in hourly pay across employers can be seen in settings such as physician group practices versus ambulatory surgery centers. Specialists must carefully consider the trade-offs of accepting lower hourly wages that include benefits like health insurance versus higher rates that lack those offerings. When negotiating pay, medical billing and coding specialists should emphasize their knowledge of coding standards such as ICD-10-CM and CPT, as well as the growing demand for risk adjustment services in the healthcare sector.
More salary data for Anderson, IN:
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 Anderson. 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 Anderson 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