Medical Billing and Coding Specialist Hourly Pay in Old Bridge, NJ: $9.64 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Old Bridge, NJ runs $9.64 at the median for 2026 — annualizing to $20,039 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Old Bridge's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $8.37 nationally would. A 24-hour part-time schedule grosses $12,029 per year.
Based on BLS state-level estimates · View source

In Old Bridge, New Jersey, medical billing and coding specialists earn a median hourly rate of $9.64, significantly lower than the national median of $14.59. This discrepancy reflects local market conditions and the overall cost of living index in the area, which stands at 115.2, indicating that expenses are above the national average. For part-time workers, such as those on a three-day-a-week schedule, this hourly pay translates to about $20,039 annually, revealing limited earning potential compared to full-time positions. Many specialists work in diverse settings, including remote home offices, hospital health information management (HIM) departments, and third-party coding companies, which drive varying compensation based on work location and employer type. Entry-level professionals may find themselves making around $7.36 an hour, while experienced coders can earn up to $14.93, reflecting a broad range of opportunities but also a competitive landscape for higher-paying positions.
About the Old Bridge Market
Salary estimated from New Jersey average ($60,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $7.36 | $58.85 |
| Lower Range (P25) | $8.42 | $67.37 |
| Median (P50) | $9.64 | $77.11 |
| Upper Range (P75) | $12.03 | $96.26 |
| Top Earners (P90) | $14.93 | $119.43 |
Estimated Annual Income by Work Schedule in Old Bridge
Based on $9.64/hr median hourly rate · 2026 est.
At $9.64/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Old Bridge, NJ can expect to earn approximately $20,048 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $11,566. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Old Bridge.
Hourly Rate Calculator
Schedule Comparison in Old Bridge
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $385.54 | $1,671 | $20,048 |
| Part-Time (24 hrs) | $231.33 | $1,002 | $12,029 |
| Per Diem (16 hrs) | $154.22 | $668 | $8,019 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Old Bridge) | $9.64 |
| 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 Old Bridge, NJ earn a median of $20,039 per year (2026 est.), which is 33.97% lower than the national median of $30,349 and 1.20% below the New Jersey state average of $20,283.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $9.64/hr = $12,029/year (purchasing power: $10,442).
Working 40h/week (full-time) = $20,048/year (purchasing power: $17,403).
CoL index: 115.2 (100 = national average).
2021 BLS Actual
$8.59/hr
2025 BLS Actual
$9.42/hr
2026 Current Est.
$9.64/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Old Bridge (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $8.59/hr | Actual |
| 2022 | $8.69/hr | Actual |
| 2023 | $8.99/hr | Actual |
| 2024 | $32.84/hr | Actual |
| 2025 | $9.42/hr | Actual |
| 2026(current) | $9.64/hr | Estimated |
| 2027 | $9.86/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Old Bridge grew 9.6% from $8.59/hr (2021) to $9.42/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $9.86/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 Old Bridge 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 Old Bridge
The part-time earning potential for medical billing and coding specialists reveals a critical divide depending on hours worked. A three-day commitment yields about $20,039 a year, while full-time specialists would naturally earn considerably more. For those in per-diem or agency roles, the pay scale shifts dramatically; 1099 medical coding specialists commonly charge rates of $25 to $42 per hour, with CCS inpatient coders sometimes reaching $35 to $55. The diversity of employer settings in Old Bridge—ranging from hospital inpatient coding departments, third-party coding firms, to payer audit teams—also leads to variable pay rates. While accepting a lower hourly wage may come with benefits like health insurance, many specialists weigh the allure of higher hourly earnings against the stability of full-time roles. To negotiate effectively, candidates should emphasize their certifications, such as CPC or CCS, and continuously update their knowledge of coding standards like ICD-10-CM and CPT updates, particularly as demand in risk adjustment coding grows in the local market.
More salary data for Old Bridge, NJ:
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 Old Bridge. 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 Old Bridge 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