Medical Billing and Coding Specialist Hourly Pay in Madison, WI: $17.65 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Madison, WI runs $17.65 at the median for 2026 — annualizing to $36,711 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Madison's regional price level (BEA RPP 97.3, 3% below national), each hour of work buys what $18.14 nationally would. A 24-hour part-time schedule grosses $22,027 per year.
Official BLS data · View source
In Madison, Wisconsin, individuals working as medical billing and coding specialists can expect a median hourly pay rate of $17.65, significantly higher than the national median of $14.59. This competitive hourly rate is particularly beneficial for part-time workers, who may choose flexible schedules, often working three days a week. For remote workers in home offices, hospital departments, and various coding settings, the hourly earning potential ranges from $13.83 for entry-level positions to up to $22.75 for the most experienced coders. This data, derived from 2025 BLS OEWS figures projected to 2026, establishes a framework for understanding compensation in this crucial healthcare role.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $13.83 | $110.67 |
| Lower Range (P25) | $14.40 | $115.17 |
| Median (P50) | $17.65 | $141.20 |
| Upper Range (P75) | $22.11 | $176.89 |
| Top Earners (P90) | $22.75 | $181.97 |
Estimated Annual Income by Work Schedule in Madison
Based on $17.65/hr median hourly rate · 2026 est.
At $17.65/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Madison, WI can expect to earn approximately $36,712 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $21,180. With a cost-of-living index of 97.29 (below the national average), these earnings stretch further in Madison.
Hourly Rate Calculator
Schedule Comparison in Madison
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $706.01 | $3,059 | $36,712 |
| Part-Time (24 hrs) | $423.60 | $1,836 | $22,027 |
| Per Diem (16 hrs) | $282.40 | $1,224 | $14,685 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Madison) | $17.65 |
| 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 Madison, WI earn a median of $36,711 per year (2026 est.), which is 20.96% higher than the national median of $30,349 and 4.80% above the Wisconsin state average of $35,030.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $17.65/hr = $22,027/year (purchasing power: $22,642).
Working 40h/week (full-time) = $36,712/year (purchasing power: $37,736).
CoL index: 97.287 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$23.11/hr
2025 BLS Actual
$17.25/hr
2026 Current Est.
$17.65/hr
2021–2027 Growth
+-21.9%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Madison (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $23.11/hr | Actual |
| 2022 | $25.52/hr | Actual |
| 2023 | $26.07/hr | Actual |
| 2024 | $27.30/hr | Actual |
| 2025 | $17.25/hr | Actual |
| 2026(current) | $17.65/hr | Estimated |
| 2027 | $18.06/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Madison grew -25.4% from $23.11/hr (2021) to $17.25/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $18.06/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 Madison 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 Madison
Considering the hourly earning potential in Madison, part-time specialists working 24 hours a week could realize a more limited annual income than those dedicated to full-time roles. For per-diem medical billing and coding specialists, hourly rates can be substantially higher. With billing rates averaging between $25 and $42 for contract workers, and CCS inpatient coders demanding $35 to $55 per hour, professionals would need to evaluate whether the trade-off of accepting lower hourly pay for job security and benefits from full-time positions is worthwhile. Different sectors influence wages, with medical coders in physician group practices and third-party coding firms often earning less than those in hospital coding departments or consulting roles. For those navigating the Madison market, negotiating tips such as highlighting certifications from AAPC or AHIMA, or emphasizing expertise in high-demand areas like risk adjustment coding can help maximize their earning potential in this evolving field.
More salary data for Madison, WI:
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 Madison. 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