Medical Billing and Coding Specialist Hourly Pay in Shakopee, MN: $8.07 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Shakopee, MN runs $8.07 at the median for 2026 — annualizing to $16,793 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Shakopee's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $8.20 nationally would. A 24-hour part-time schedule grosses $10,075 per year.
Based on BLS state-level estimates · View source
In Shakopee, Minnesota, the medical billing and coding specialist hourly pay is projected to be $8.07 in 2026. This rate is significantly lower than the national median hourly rate of $14.59, indicating a gap that those in the field may want to consider when evaluating job opportunities. For part-time and per-diem medical billing and coding specialists, this hourly pay translates to varying weekly earnings, especially in typical settings such as remote home offices, hospital health information management (HIM) departments, and third-party coding companies. The hourly compensation can range between $6.33 for entry-level positions to $12.11 for top earners, demonstrating the potential for growth as professionals gain more experience and expertise in coding procedures like ICD-10-CM, CPT, and HCPCS.
About the Shakopee 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) | $6.33 | $50.67 |
| Lower Range (P25) | $7.16 | $57.30 |
| Median (P50) | $8.07 | $64.58 |
| Upper Range (P75) | $9.93 | $79.40 |
| Top Earners (P90) | $12.11 | $96.92 |
Estimated Annual Income by Work Schedule in Shakopee
Based on $8.07/hr median hourly rate · 2026 est.
At $8.07/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Shakopee, MN can expect to earn approximately $16,792 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $9,688. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Shakopee.
Hourly Rate Calculator
Schedule Comparison in Shakopee
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $322.92 | $1,399 | $16,792 |
| Part-Time (24 hrs) | $193.75 | $840 | $10,075 |
| Per Diem (16 hrs) | $129.17 | $560 | $6,717 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Shakopee) | $8.07 |
| 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 Shakopee, MN earn a median of $16,793 per year (2026 est.), which is 44.67% lower than the national median of $30,349 and 3.10% below the Minnesota state average of $17,330.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $8.07/hr = $10,075/year (purchasing power: $10,229).
Working 40h/week (full-time) = $16,792/year (purchasing power: $17,048).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$7.20/hr
2025 BLS Actual
$7.89/hr
2026 Current Est.
$8.07/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Shakopee (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $7.20/hr | Actual |
| 2022 | $7.28/hr | Actual |
| 2023 | $7.53/hr | Actual |
| 2024 | $24.77/hr | Actual |
| 2025 | $7.89/hr | Actual |
| 2026(current) | $8.07/hr | Estimated |
| 2027 | $8.26/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Shakopee grew 9.6% from $7.20/hr (2021) to $7.89/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $8.26/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 Shakopee 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 Shakopee
Considering the specifics of part-time work, a medical billing and coding specialist working three days a week—approximately 24 hours—will have a considerably lower annual income compared to full-time staff, directly impacting their financial stability. Per diem and agency coders in Shakopee can command significantly higher rates, often billing between $25 and $42 per hour. Specialized coders, such as those focusing on risk adjustment for Medicare Advantage, can earn between $40 and $65 per hour based on a 1099 structure. Depending on the employer type—be it a physician group practice, a hospital inpatient department, or a remote coding company—hourly rates can vary widely. Specialists may accept positions with lower hourly pay to secure job-based benefits like health insurance, while others might prioritize higher pay with no benefits. For effective negotiation, being informed about local market rates and presenting relevant credentials from organizations like AAPC or AHIMA can empower workers to advocate better for their worth in this evolving industry.
More salary data for Shakopee, MN:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Shakopee in 2026?
How much do part-time medical billing and coding specialists make in Shakopee?
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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 Shakopee. 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 Shakopee 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