Medical Billing and Coding Specialist Hourly Pay in Andover, MN: $8.03 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Andover, MN runs $8.03 at the median for 2026 — annualizing to $16,708 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Andover's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $8.15 nationally would. A 24-hour part-time schedule grosses $10,024 per year.
Based on BLS state-level estimates · View source
In Andover, Minnesota, the medical billing and coding specialist hourly pay is projected to average $8.03 in 2026. This figure is significantly lower than the national median hourly rate of $14.59, indicating a regional disparity in compensation. For professionals working part-time, such as on a 3-day work week, this translates to a modest income, and those in per-diem arrangements may find themselves working in various environments ranging from remote home offices to hospital HIM departments and consulting firms. The hourly pay range varies, with entry-level positions starting around $6.26 and more experienced specialists earning up to $12.45. These estimates, based on 2025 BLS data projected into 2026, reveal the financial challenges facing many in the field, especially in an environment emphasizing remote work and continuous training in coding standards.
About the Andover Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $6.26 | $50.10 |
| Lower Range (P25) | $7.08 | $56.64 |
| Median (P50) | $8.03 | $64.26 |
| Upper Range (P75) | $10.13 | $81.04 |
| Top Earners (P90) | $12.45 | $99.62 |
Estimated Annual Income by Work Schedule in Andover
Based on $8.03/hr median hourly rate · 2026 est.
At $8.03/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Andover, MN can expect to earn approximately $16,707 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $9,639. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Andover.
Hourly Rate Calculator
Schedule Comparison in Andover
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $321.28 | $1,392 | $16,707 |
| Part-Time (24 hrs) | $192.77 | $835 | $10,024 |
| Per Diem (16 hrs) | $128.51 | $557 | $6,683 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Andover) | $8.03 |
| 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 Andover, MN earn a median of $16,708 per year (2026 est.), which is 44.95% lower than the national median of $30,349 and 3.60% below the Minnesota state average of $17,332.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $8.03/hr = $10,024/year (purchasing power: $10,177).
Working 40h/week (full-time) = $16,707/year (purchasing power: $16,961).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$7.16/hr
2025 BLS Actual
$7.85/hr
2026 Current Est.
$8.03/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Andover (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $7.16/hr | Actual |
| 2022 | $7.24/hr | Actual |
| 2023 | $7.49/hr | Actual |
| 2024 | $24.64/hr | Actual |
| 2025 | $7.85/hr | Actual |
| 2026(current) | $8.03/hr | Estimated |
| 2027 | $8.22/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Andover grew 9.6% from $7.16/hr (2021) to $7.85/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $8.22/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 Andover 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 Andover
Diving deeper, part-time medical billing and coding specialists in Andover, working 24 hours a week, can expect an annual take-home income that falls significantly short compared to full-time counterparts, highlighting the financial realities of this profession. In contrast, per diem medical billing and coding specialist pay can vary widely; those billing through an agency might earn between $25 and $42 per hour, with specialized coders in fields like inpatient coding or risk adjustment achieving even higher rates. Hourly compensation varies based on employer type, where professionals may find differing pay scales between physician group practices, hospital coding departments, and third-party coding companies. Some specialists opt for lower hourly rates in exchange for benefits like health insurance, which can be a considerable trade-off depending on individual circumstances. To negotiate effectively in Andover's job market, understanding the local industry standards and having clear conversations about workload, benefits, and pay expectations will be critical for securing a favorable position amidst these trends.
More salary data for Andover, MN:
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 Andover. 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 Andover 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