Medical Billing and Coding Specialist Hourly Pay in Chanhassen, MN: $8.19 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Chanhassen, MN runs $8.19 at the median for 2026 — annualizing to $17,023 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Chanhassen's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $8.31 nationally would. A 24-hour part-time schedule grosses $10,216 per year.
Based on BLS state-level estimates · View source
In Chanhassen, Minnesota, the projected median hourly rate for a medical billing and coding specialist in 2026 is estimated at $8.19. This figure reveals a significant discrepancy compared to the national median of $14.59 per hour, highlighting a challenging local market for professionals in this field. For part-time workers, such as those clocking in for three days a week, this salary translates to about $513.12 weekly before taxes, which may not provide sufficient income to meet living expenses in the area. Within the Chanhassen area, hourly wages for medical coders can vary widely, ranging from $5.97 for entry-level positions to $12.50 for top earners, reflecting the differences in experience and specializations across diverse work settings such as remote home offices, hospital Health Information Management (HIM) departments, and third-party coding firms.
About the Chanhassen 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) | $5.97 | $47.72 |
| Lower Range (P25) | $6.90 | $55.17 |
| Median (P50) | $8.19 | $65.48 |
| Upper Range (P75) | $10.19 | $81.53 |
| Top Earners (P90) | $12.50 | $100.03 |
Estimated Annual Income by Work Schedule in Chanhassen
Based on $8.19/hr median hourly rate · 2026 est.
At $8.19/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Chanhassen, MN can expect to earn approximately $17,026 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $9,823. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Chanhassen.
Hourly Rate Calculator
Schedule Comparison in Chanhassen
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $327.42 | $1,419 | $17,026 |
| Part-Time (24 hrs) | $196.45 | $851 | $10,216 |
| Per Diem (16 hrs) | $130.97 | $568 | $6,810 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Chanhassen) | $8.19 |
| 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 Chanhassen, MN earn a median of $17,023 per year (2026 est.), which is 43.91% lower than the national median of $30,349 and 1.80% below the Minnesota state average of $17,335.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $8.19/hr = $10,216/year (purchasing power: $10,371).
Working 40h/week (full-time) = $17,026/year (purchasing power: $17,285).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$7.30/hr
2025 BLS Actual
$8.00/hr
2026 Current Est.
$8.19/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Chanhassen (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $7.30/hr | Actual |
| 2022 | $7.38/hr | Actual |
| 2023 | $7.63/hr | Actual |
| 2024 | $25.11/hr | Actual |
| 2025 | $8.00/hr | Actual |
| 2026(current) | $8.19/hr | Estimated |
| 2027 | $8.38/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Chanhassen grew 9.6% from $7.30/hr (2021) to $8.00/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $8.38/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 Chanhassen 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 Chanhassen
Evaluating the part-time earning potential offers a clearer picture of financial realities. A medical billing and coding specialist working in a part-time capacity at 24 hours per week could take home approximately $17,023 annually, significantly less than if they worked full-time in the same role. For those considering per diem medical billing and coding specialist pay in Chanhassen, it’s noteworthy that 1099 coders typically charge between $25 and $42 an hour, while specialized positions such as Certified Coding Specialists may reach hourly rates of $35 to $55—substantial opportunities for those equipped with advanced credentials. Hourly pay can also fluctuate based on employer type: coding positions in physician practices might start lower due to budget constraints compared to the higher rates offered by insurance companies or consulting firms. Accepting a lower hourly rate may mean sacrificing benefits such as health insurance, a consideration that every coder must weigh. For those negotiating in Chanhassen, emphasizing specialized skills, such as expertise in ICD-10-CM or HCC coding, can strengthen their case for higher pay—even in a market facing these constraints.
More salary data for Chanhassen, MN:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Chanhassen in 2026?
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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 Chanhassen. 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 Chanhassen 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