Medical Billing and Coding Specialist Hourly Pay in Memphis, TN: $15.15 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Memphis, TN runs $15.15 at the median for 2026 — annualizing to $31,513 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Memphis's regional price level (BEA RPP 92.2, 8% below national), each hour of work buys what $16.44 nationally would. A 24-hour part-time schedule grosses $18,912 per year.
Official BLS data · View source
In Memphis, Tennessee, the medical billing and coding specialist hourly pay is projected to be $15.15 in 2026, surpassing the national median of $14.59. This robust hourly rate signifies favorable opportunities for part-time positions and per-diem roles, commonly found in a variety of settings including remote home offices and hospital HIM departments. Entry-level workers in the city can expect to earn around $11.00 per hour, while top earners could see their hourly pay reach as high as $27.26. As remote work has become standard, many specialists may choose to work flexible hours, enjoying the benefit of controlling their schedules and balancing work with personal commitments, which is appealing in this industry.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $11.00 | $88.00 |
| Lower Range (P25) | $12.61 | $100.85 |
| Median (P50) | $15.15 | $121.23 |
| Upper Range (P75) | $18.90 | $151.19 |
| Top Earners (P90) | $27.26 | $218.06 |
Estimated Annual Income by Work Schedule in Memphis
Based on $15.15/hr median hourly rate · 2026 est.
At $15.15/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Memphis, TN can expect to earn approximately $31,519 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $18,184. With a cost-of-living index of 92.18 (below the national average), these earnings stretch further in Memphis.
Hourly Rate Calculator
Schedule Comparison in Memphis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $606.14 | $2,627 | $31,519 |
| Part-Time (24 hrs) | $363.69 | $1,576 | $18,912 |
| Per Diem (16 hrs) | $242.46 | $1,051 | $12,608 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Memphis) | $15.15 |
| 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 Memphis, TN earn a median of $31,513 per year (2026 est.), which is 3.84% higher than the national median of $30,349 and 12.00% above the Tennessee state average of $28,136.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $15.15/hr = $18,912/year (purchasing power: $20,516).
Working 40h/week (full-time) = $31,519/year (purchasing power: $34,194).
CoL index: 92.179 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$22.60/hr
2025 BLS Actual
$14.81/hr
2026 Current Est.
$15.15/hr
2021–2027 Growth
+-31.4%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Memphis (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $22.60/hr | Actual |
| 2022 | $24.51/hr | Actual |
| 2023 | $26.94/hr | Actual |
| 2024 | $27.20/hr | Actual |
| 2025 | $14.81/hr | Actual |
| 2026(current) | $15.15/hr | Estimated |
| 2027 | $15.51/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Memphis grew -34.5% from $22.60/hr (2021) to $14.81/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $15.51/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 Memphis 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 Memphis
On the financial side, a medical billing and coding specialist working a part-time schedule of three days a week, totaling 24 hours, can expect to take home approximately $18,864 annually. In contrast, those who pursue per-diem or contract work often have the potential to earn significantly more; for instance, per diem medical billing and coding specialist pay in Memphis can range from $25 to $42 per hour based on specific skills and certifications, with higher-end rates for CCS inpatient coders, sometimes reaching $55 per hour. Hourly rates influenced by employer type can vary widely: coding offices for physician groups may offer different pay scales than third-party coding companies or insurance audit teams. While some choose to accept roles with lower hourly rates in exchange for health benefits, others pursue higher-paying opportunities without benefits. For those negotiating their hourly rate, research into local market conditions and knowing one's worth based on relevant certifications, such as those from AAPC or AHIMA, can lead to better pay outcomes.
More salary data for Memphis, 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 Memphis. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 5-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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