Medical Billing and Coding Specialist Hourly Pay in Towson, MD: $16.88 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Towson, MD runs $16.88 at the median for 2026 — annualizing to $35,108 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Towson's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $15.45 nationally would. A 24-hour part-time schedule grosses $21,070 per year.
Based on BLS state-level estimates · View source
In Towson, Maryland, the role of a medical billing and coding specialist commands a median hourly rate of $16.88, notably exceeding the national hourly median of $14.59. This figure presents an attractive opportunity for workers in various employment settings, including remote home offices and traditional healthcare facilities such as hospitals and physician group practices. For part-time employees working three days a week, this hourly figure can lead to a solid income while allowing for flexibility, with many opting for per-diem positions. The hourly rate varies significantly across experience levels, ranging from $12.84 for entry-level positions to $26.16 for top earners, providing avenues for growth as skill sets develop and certifications, such as those from AAPC or AHIMA, are attained.
About the Towson Market
Salary estimated from Maryland average ($58,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $12.84 | $102.73 |
| Lower Range (P25) | $14.70 | $117.63 |
| Median (P50) | $16.88 | $135.06 |
| Upper Range (P75) | $21.60 | $172.80 |
| Top Earners (P90) | $26.16 | $209.31 |
Estimated Annual Income by Work Schedule in Towson
Based on $16.88/hr median hourly rate · 2026 est.
At $16.88/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Towson, MD can expect to earn approximately $35,116 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $20,259. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Towson.
Hourly Rate Calculator
Schedule Comparison in Towson
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $675.31 | $2,926 | $35,116 |
| Part-Time (24 hrs) | $405.19 | $1,756 | $21,070 |
| Per Diem (16 hrs) | $270.12 | $1,171 | $14,046 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Towson) | $16.88 |
| 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 Towson, MD earn a median of $35,108 per year (2026 est.), which is 15.68% higher than the national median of $30,349 and 82.50% above the Maryland state average of $19,237.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $16.88/hr = $21,070/year (purchasing power: $19,277).
Working 40h/week (full-time) = $35,116/year (purchasing power: $32,128).
CoL index: 109.3 (100 = national average).
2021 BLS Actual
$15.05/hr
2025 BLS Actual
$16.50/hr
2026 Current Est.
$16.88/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Towson (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $15.05/hr | Actual |
| 2022 | $15.22/hr | Actual |
| 2023 | $15.74/hr | Actual |
| 2024 | $30.06/hr | Actual |
| 2025 | $16.50/hr | Actual |
| 2026(current) | $16.88/hr | Estimated |
| 2027 | $17.27/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Towson grew 9.6% from $15.05/hr (2021) to $16.50/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $17.27/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 Towson 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 Towson
Exploring the earnings from part-time work, a medical billing and coding specialist working 24 hours a week could realistically bring home around $26,799 annually, in contrast to a full-time counterpart earning in the realm of $35,108. For those who seek per-diem medical billing and coding specialist pay in Towson, rates can significantly exceed standard salaries, with freelancers often billing anywhere from $25 to $42 per hour or more, particularly for specialized roles in areas like inpatient coding or risk adjustment for Medicare Advantage plans. Hourly rates can exhibit variance depending on employer types, with coding positions in corporate environments or consulting firms typically offering higher pay compared to hospital departments. However, some specialists may opt for lower hourly rates that come with health insurance benefits, balancing total compensation with job security. For those considering negotiations within this field, highlighting specialized coding skills and relevant credentials can be advantageous in pursuit of higher pay rates in the competitive Towson job market.
More salary data for Towson, MD:
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 Towson. 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 Towson 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