Medical Billing and Coding Specialist Hourly Pay in Independence, KY: $12.92 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Independence, KY runs $12.92 at the median for 2026 — annualizing to $26,886 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Independence's regional price level (BEA RPP 89.3, 11% below national), each hour of work buys what $14.47 nationally would. A 24-hour part-time schedule grosses $16,128 per year.
Based on BLS state-level estimates · View source
In Independence, Kentucky, the medical billing and coding specialist hourly pay stands at a median of $12.92. This rate trails the national median of $14.59, reflecting the localized economic conditions and cost of living dynamics within the region. For part-time professionals working three days a week, this translates to potential earnings of around $19,550 annually. Per-diem workers, who often take advantage of flexible schedules, may find employment opportunities in various settings, including remote home offices and third-party coding companies. The hourly pay range for medical billing and coding specialists in Independence stretches from $9.64 at the entry-level up to $20.00 for top earners, demonstrating the varied opportunities available in this field.
About the Independence Market
Salary estimated from Kentucky average ($44,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $9.64 | $77.11 |
| Lower Range (P25) | $11.06 | $88.49 |
| Median (P50) | $12.92 | $103.38 |
| Upper Range (P75) | $16.26 | $130.07 |
| Top Earners (P90) | $20.00 | $160.03 |
Estimated Annual Income by Work Schedule in Independence
Based on $12.92/hr median hourly rate · 2026 est.
At $12.92/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Independence, KY can expect to earn approximately $26,880 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $15,508. With a cost-of-living index of 89.30 (below the national average), these earnings stretch further in Independence.
Hourly Rate Calculator
Schedule Comparison in Independence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $516.92 | $2,240 | $26,880 |
| Part-Time (24 hrs) | $310.15 | $1,344 | $16,128 |
| Per Diem (16 hrs) | $206.77 | $896 | $10,752 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Independence) | $12.92 |
| 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 Independence, KY earn a median of $26,886 per year (2026 est.), which is 11.41% lower than the national median of $30,349 and 0.80% below the Kentucky state average of $27,102.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $12.92/hr = $16,128/year (purchasing power: $18,060).
Working 40h/week (full-time) = $26,880/year (purchasing power: $30,101).
CoL index: 89.3 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$11.52/hr
2025 BLS Actual
$12.63/hr
2026 Current Est.
$12.92/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Independence (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $11.52/hr | Actual |
| 2022 | $11.65/hr | Actual |
| 2023 | $12.05/hr | Actual |
| 2024 | $18.74/hr | Actual |
| 2025 | $12.63/hr | Actual |
| 2026(current) | $12.92/hr | Estimated |
| 2027 | $13.22/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Independence grew 9.6% from $11.52/hr (2021) to $12.63/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $13.22/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 Independence 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 Independence
Taking a closer look at part-time earning potential, a medical billing and coding specialist working 24 hours each week would earn approximately $24,000 per year, significantly less than what full-time counterparts might achieve. Many per-diem or agency coders command rates between $25-$42 per hour, with specialized roles, such as CCS inpatient coders and CRC risk adjustment specialists, reaching even higher rates between $35-$65 per hour. Different employers influence pay rates, where coding positions in physician group practices and hospitals tend to be lower than those in consulting firms or third-party services. While some professionals elect to accept positions with lesser hourly pay due to benefits packages and health insurance options, others may prioritize higher hourly compensation and navigate freelance roles. For those negotiating hourly pay in Independence, being informed about industry standards and knowing the value of specific certifications from credentialing bodies like AAPC and AHIMA can be advantageous.
More salary data for Independence, KY:
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 Independence. 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 Independence 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