Medical Billing and Coding Specialist Hourly Pay in Hobart, IN: $13.25 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Hobart, IN runs $13.25 at the median for 2026 — annualizing to $27,556 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Hobart's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $14.51 nationally would. A 24-hour part-time schedule grosses $16,537 per year.
Based on BLS state-level estimates · View source
In Hobart, Indiana, the projected hourly pay for medical billing and coding specialists stands at $13.25, which is slightly below the national median hourly rate of $14.59. This difference highlights the local market conditions affecting pay rates in the field. With most professionals in this role working remotely, home offices have become a common setting post-2020 for both part-time and per diem workers. Hourly earnings can range from $10.20 at the entry level to $20.47 for top earners, catering to a variety of employment structures, including positions in hospital HIM departments or third-party coding companies. This range provides flexibility for those pursuing part-time, three-day-a-week schedules that typically amount to around 24 hours of work, allowing for some income stability while managing other commitments.
About the Hobart 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) | $10.20 | $81.61 |
| Lower Range (P25) | $11.33 | $90.61 |
| Median (P50) | $13.25 | $106.00 |
| Upper Range (P75) | $16.65 | $133.18 |
| Top Earners (P90) | $20.47 | $163.79 |
Estimated Annual Income by Work Schedule in Hobart
Based on $13.25/hr median hourly rate · 2026 est.
At $13.25/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Hobart, IN can expect to earn approximately $27,561 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $15,901. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Hobart.
Hourly Rate Calculator
Schedule Comparison in Hobart
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $530.02 | $2,297 | $27,561 |
| Part-Time (24 hrs) | $318.01 | $1,378 | $16,537 |
| Per Diem (16 hrs) | $212.01 | $919 | $11,024 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Hobart) | $13.25 |
| 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 Hobart, IN earn a median of $27,556 per year (2026 est.), which is 9.20% lower than the national median of $30,349 and 4.00% below the Indiana state average of $28,704.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $13.25/hr = $16,537/year (purchasing power: $18,112).
Working 40h/week (full-time) = $27,561/year (purchasing power: $30,187).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$11.82/hr
2025 BLS Actual
$12.95/hr
2026 Current Est.
$13.25/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Hobart (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $11.82/hr | Actual |
| 2022 | $11.95/hr | Actual |
| 2023 | $12.35/hr | Actual |
| 2024 | $19.39/hr | Actual |
| 2025 | $12.95/hr | Actual |
| 2026(current) | $13.25/hr | Estimated |
| 2027 | $13.56/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Hobart grew 9.6% from $11.82/hr (2021) to $12.95/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $13.56/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 Hobart 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 Hobart
Looking deeper into the financial dynamics, a three-day workweek at $13.25 per hour yields an annual take-home equivalent of approximately $20,736, significantly less than full-time counterparts. Per diem or agency medical billing and coding specialists in Hobart have the potential for higher pay. For example, those billing 1099 rates range from $25 to $42 per hour, which can substantially boost earnings for experienced coders. Employer type plays a critical role in hourly rates, with physician group practices often offering different rates compared to hospital settings or third-party coding services. While some specialists may opt for lower hourly wages for the security of benefits like health insurance, others choose to capitalize on higher hourly rates without employer-provided benefits. Therefore, negotiating hourly pay effectively can be essential for professionals in Hobart, especially in assessing whether to pursue a stable position or take advantage of the lucrative opportunities available as contract workers in this evolving field.
More salary data for Hobart, 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 Hobart. 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 Hobart 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