Medical Billing and Coding Specialist Hourly Pay in Woodbury, MN: $8.44 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Woodbury, MN runs $8.44 at the median for 2026 — annualizing to $17,566 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Woodbury's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $8.57 nationally would. A 24-hour part-time schedule grosses $10,535 per year.
Based on BLS state-level estimates · View source
In Woodbury, MN, medical billing and coding specialists earn a median hourly rate of $8.44, significantly below the national hourly median of $14.59. This disparity suggests that local professionals may find themselves at a financial disadvantage, especially when considering the typical work arrangements in this field. Part-time workers, who often log about 24 hours a week, could expect to earn around $13,216 annually at this median rate, while those pursuing per diem roles sometimes command higher pay in different markets. The hourly pay varies within a range from $6.12 for entry-level positions to $13.09 for those at the top end, indicating a potential for growth through experience and further certification, especially in areas like risk adjustment coding, which is in high demand given the shift to remote work environments since 2020.
About the Woodbury 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) | $6.12 | $48.95 |
| Lower Range (P25) | $7.12 | $56.97 |
| Median (P50) | $8.44 | $67.53 |
| Upper Range (P75) | $10.62 | $84.97 |
| Top Earners (P90) | $13.09 | $104.69 |
Estimated Annual Income by Work Schedule in Woodbury
Based on $8.44/hr median hourly rate · 2026 est.
At $8.44/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Woodbury, MN can expect to earn approximately $17,558 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $10,130. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Woodbury.
Hourly Rate Calculator
Schedule Comparison in Woodbury
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $337.66 | $1,463 | $17,558 |
| Part-Time (24 hrs) | $202.59 | $878 | $10,535 |
| Per Diem (16 hrs) | $135.06 | $585 | $7,023 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Woodbury) | $8.44 |
| 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 Woodbury, MN earn a median of $17,566 per year (2026 est.), which is 42.12% lower than the national median of $30,349 and 1.30% above the Minnesota state average of $17,341.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $8.44/hr = $10,535/year (purchasing power: $10,695).
Working 40h/week (full-time) = $17,558/year (purchasing power: $17,825).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$7.53/hr
2025 BLS Actual
$8.25/hr
2026 Current Est.
$8.44/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Woodbury (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $7.53/hr | Actual |
| 2022 | $7.61/hr | Actual |
| 2023 | $7.87/hr | Actual |
| 2024 | $25.91/hr | Actual |
| 2025 | $8.25/hr | Actual |
| 2026(current) | $8.44/hr | Estimated |
| 2027 | $8.64/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Woodbury grew 9.6% from $7.53/hr (2021) to $8.25/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $8.64/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 Woodbury 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 Woodbury
When exploring part-time opportunities, those working 3 days a week in medical billing and coding can earn considerably less annually than their full-time counterparts. While full-time specialists typically see their hours translate into a more stable income, per diem medical billing and coding specialists in Woodbury fetching $25-$42 per hour can substantially increase their earnings, particularly for those with specialized credentials like CCS or CRC. Different employer types in the area, such as physician practices, hospitals, and remote third-party coding companies, influence hourly compensation; coding within hospital inpatient departments tends to yield higher pay compared to outpatient or non-profit settings. Many professionals will weigh the benefits of employer-provided health insurance against the higher hourly rates offered by contract positions, which often come without benefits. For those navigating compensation discussions, understanding the local market and remaining informed on current industry standards—especially in relation to the evolving ICD-10 coding guidelines—can provide leverage in negotiations, enabling medical billing and coding specialists to make informed career choices.
More salary data for Woodbury, 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 Woodbury. 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 Woodbury 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