Medical Billing and Coding Specialist Hourly Pay in Toms River, NJ: $9.61 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Toms River, NJ runs $9.61 at the median for 2026 — annualizing to $19,992 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Toms River's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $8.34 nationally would. A 24-hour part-time schedule grosses $11,991 per year.
Based on BLS state-level estimates · View source
Medical billing and coding professionals in Toms River earn a median hourly rate of $9.61, which is significantly below the national median hourly rate of $14.59. This lower rate has implications for both part-time and per-diem workers, who are often found working in remote home offices, third-party coding companies, and physician group practice environments. With hourly wages ranging from $7.31 to $14.82, entry-level coders must often find effective strategies to maximize their income, particularly given that the median rate is calculated from annual salary figures and may not reflect a living wage in this region. In Toms River, these specialists are typically employed in various settings, including hospital HIM departments and medical consulting firms, where competitive compensation can vary considerably depending on the employer and specific job duties.
About the Toms River 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) | $7.31 | $58.45 |
| Lower Range (P25) | $8.37 | $66.96 |
| Median (P50) | $9.61 | $76.86 |
| Upper Range (P75) | $11.96 | $95.69 |
| Top Earners (P90) | $14.82 | $118.53 |
Estimated Annual Income by Work Schedule in Toms River
Based on $9.61/hr median hourly rate · 2026 est.
At $9.61/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Toms River, NJ can expect to earn approximately $19,984 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $11,529. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Toms River.
Hourly Rate Calculator
Schedule Comparison in Toms River
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $384.31 | $1,665 | $19,984 |
| Part-Time (24 hrs) | $230.59 | $999 | $11,991 |
| Per Diem (16 hrs) | $153.73 | $666 | $7,994 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Toms River) | $9.61 |
| 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 Toms River, NJ earn a median of $19,992 per year (2026 est.), which is 34.13% lower than the national median of $30,349 and 1.40% below the New Jersey state average of $20,276.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $9.61/hr = $11,991/year (purchasing power: $10,409).
Working 40h/week (full-time) = $19,984/year (purchasing power: $17,348).
CoL index: 115.2 (100 = national average).
2021 BLS Actual
$8.57/hr
2025 BLS Actual
$9.39/hr
2026 Current Est.
$9.61/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Toms River (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $8.57/hr | Actual |
| 2022 | $8.66/hr | Actual |
| 2023 | $8.96/hr | Actual |
| 2024 | $32.76/hr | Actual |
| 2025 | $9.39/hr | Actual |
| 2026(current) | $9.61/hr | Estimated |
| 2027 | $9.83/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Toms River grew 9.6% from $8.57/hr (2021) to $9.39/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $9.83/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 Toms River 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 Toms River
For specialists considering part-time positions, working three days a week provides a unique opportunity for flexibility, albeit with potential sacrifices in annual earnings. A typical 24-hour workweek at the current hourly rate translates to around $19,992 annually, a figure that makes full-time employment more appealing for many. Furthermore, the burgeoning arena of per-diem roles for medical coders shows lucrative potential, with 1099 coders often charging between $25 and $42 per hour. Hospital inpatient coding departments may provide higher rates for certified specialists, while various employer types influence hourly earnings: third-party companies may favor remote work, leading to a trade-off between pay and benefits. Accepting lower hourly rates may afford some specialists access to health insurance, while others choose higher pay without benefits. Negotiating effectively is crucial in Toms River, where understanding local pay scales and the demand for specialties like risk adjustment coding can significantly impact earning potential for medical billing and coding specialists.
More salary data for Toms River, 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 Toms River. 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 Toms River 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