Medical Billing and Coding Specialist Hourly Pay in Hannibal, MO: $13.14 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Hannibal, MO runs $13.14 at the median for 2026 — annualizing to $27,332 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Hannibal's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $14.66 nationally would. A 24-hour part-time schedule grosses $16,396 per year.
Based on BLS state-level estimates · View source
The medical billing and coding specialist hourly pay in Hannibal, MO reaches a median of $13.14, which is notably lower than the national median of $14.59. This rate significantly impacts the livelihood of part-time employees, who often work in varied settings such as remote home offices, hospital health information management departments, and third-party coding firms. For those considering part-time work at around three days a week, this translates to a flexible schedule but lower earnings compared to full-time roles. Hourly pay can vary widely, with entry-level positions starting at approximately $10.31 and veteran specialists earning up to around $19.44 in Hannibal. These projections, based on estimates derived from 2025 BLS data, highlight the financial landscape for billing and coding professionals and set the stage for understanding their roles in evolving healthcare settings.
About the Hannibal Market
Salary estimated from Missouri average ($46,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $10.31 | $82.51 |
| Lower Range (P25) | $11.57 | $92.58 |
| Median (P50) | $13.14 | $105.10 |
| Upper Range (P75) | $16.15 | $129.17 |
| Top Earners (P90) | $19.44 | $155.53 |
Estimated Annual Income by Work Schedule in Hannibal
Based on $13.14/hr median hourly rate · 2026 est.
At $13.14/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Hannibal, MO can expect to earn approximately $27,327 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $15,765. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in Hannibal.
Hourly Rate Calculator
Schedule Comparison in Hannibal
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $525.52 | $2,277 | $27,327 |
| Part-Time (24 hrs) | $315.31 | $1,366 | $16,396 |
| Per Diem (16 hrs) | $210.21 | $911 | $10,931 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Hannibal) | $13.14 |
| 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 Hannibal, MO earn a median of $27,332 per year (2026 est.), which is 9.94% lower than the national median of $30,349 and 7.70% below the Missouri state average of $29,612.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $13.14/hr = $16,396/year (purchasing power: $18,299).
Working 40h/week (full-time) = $27,327/year (purchasing power: $30,499).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$11.72/hr
2025 BLS Actual
$12.84/hr
2026 Current Est.
$13.14/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Hannibal (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $11.72/hr | Actual |
| 2022 | $11.85/hr | Actual |
| 2023 | $12.25/hr | Actual |
| 2024 | $18.28/hr | Actual |
| 2025 | $12.84/hr | Actual |
| 2026(current) | $13.14/hr | Estimated |
| 2027 | $13.44/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Hannibal grew 9.6% from $11.72/hr (2021) to $12.84/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $13.44/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 Hannibal 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 Hannibal
Exploring the financial dynamics further, a medical billing and coding specialist working part-time—approximately 24 hours a week—would take home around $17,843 annually, a stark contrast to what full-time employees may earn. On the other end, per diem medical billing and coding specialist pay in Hannibal could range significantly; specialists working 1099 contracts may seek hourly rates between $25 and $42, with high-demand positions like CCS inpatient coders potentially earning between $35 and $55 per hour. Different employer types in the area, such as physician group practices, hospital departments, and insurance companies, will also offer variations in hourly rates, leading many specialists to weigh the trade-offs between higher pay without benefits versus lower hourly compensation that includes health insurance. To enhance earning potential, it is advisable for hourly workers in Hannibal to focus on obtaining industry-recognized credentials from AAPC or AHIMA to increase their value in the workforce amidst a growing emphasis on risk adjustment in Medicare Advantage and similar sectors.
More salary data for Hannibal, MO:
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 Hannibal. 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 Hannibal 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