Medical Billing and Coding Specialist Hourly Pay in Collierville, TN: $13.56 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Collierville, TN runs $13.56 at the median for 2026 — annualizing to $28,195 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Collierville's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $14.77 nationally would. A 24-hour part-time schedule grosses $16,920 per year.
Based on BLS state-level estimates · View source
In Collierville, TN, the projected median hourly pay for a medical billing and coding specialist is set at $13.56 in 2026, which falls below the national median hourly rate of $14.59. This hourly figure reflects various working scenarios, including full-time, part-time, and per-diem employment. For instance, part-time specialists working three days a week can expect to earn around $652 weekly, translating to approximately $33,904 annually, based on full-time calculations. Entry-level professionals start from approximately $9.53 per hour, whereas experienced coders in the upper percentile may command rates up to $20.85. Given the prevalence of remote work in the industry since 2020, many specialists operate from home offices, but positions also exist in hospital HIM departments, physician group practices, and third-party coding firms, providing a range of settings to suit different preferences.
About the Collierville Market
Salary estimated from Tennessee average ($44,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $9.53 | $76.21 |
| Lower Range (P25) | $11.26 | $90.04 |
| Median (P50) | $13.56 | $108.46 |
| Upper Range (P75) | $17.14 | $137.11 |
| Top Earners (P90) | $20.85 | $166.82 |
Estimated Annual Income by Work Schedule in Collierville
Based on $13.56/hr median hourly rate · 2026 est.
At $13.56/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Collierville, TN can expect to earn approximately $28,199 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $16,269. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Collierville.
Hourly Rate Calculator
Schedule Comparison in Collierville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $542.30 | $2,350 | $28,199 |
| Part-Time (24 hrs) | $325.38 | $1,410 | $16,920 |
| Per Diem (16 hrs) | $216.92 | $940 | $11,280 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Collierville) | $13.56 |
| 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 Collierville, TN earn a median of $28,195 per year (2026 est.), which is 7.10% lower than the national median of $30,349 and 0.20% above the Tennessee state average of $28,139.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $13.56/hr = $16,920/year (purchasing power: $18,431).
Working 40h/week (full-time) = $28,199/year (purchasing power: $30,718).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$12.09/hr
2025 BLS Actual
$13.25/hr
2026 Current Est.
$13.56/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Collierville (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $12.09/hr | Actual |
| 2022 | $12.22/hr | Actual |
| 2023 | $12.64/hr | Actual |
| 2024 | $19.46/hr | Actual |
| 2025 | $13.25/hr | Actual |
| 2026(current) | $13.56/hr | Estimated |
| 2027 | $13.87/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Collierville grew 9.6% from $12.09/hr (2021) to $13.25/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $13.87/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 Collierville 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 Collierville
Focusing on part-time arrangements, a medical billing and coding specialist working 24 hours a week in Collierville can earn a substantial income over the course of a year, especially considering the flexibility that comes with hourly work. In contrast, per diem medical billing and coding specialists in the area often bill a rate between $25 and $42 per hour, substantially higher than the local average, reflecting the demand for skilled coders and the variability that comes with contract work. Employers range from physician group practices to insurance companies, each offering different hourly rates and potential benefits. Some specialists may opt for the trade-off of slightly lower hourly wages in exchange for health insurance and job security, highlighting the importance of individual priorities in compensation discussions. When negotiating pay, it’s beneficial for workers in Collierville to emphasize their certifications, such as those from AAPC or AHIMA, and their familiarity with coding updates, including ICD-10-CM and CPT, as these skills can justify higher pay rates.
More salary data for Collierville, TN:
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 Collierville. 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 Collierville 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