Medical Billing and Coding Specialist Salary in Thousand Oaks, CA: $34,264 (2026)
Quick Answer:A full-time medical billing and coding specialist in Thousand Oaks, CA earns a median $34,264/year (≈ $16.47/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Thousand Oaks's price level (13% above national, BEA RPP 113.1), that paycheck buys what $30,295 would nationally. Nominal pay sits 2.3% below the California state average.
Based on BLS state-level estimates · View source
In 2026, a medical billing and coding specialist in Thousand Oaks, California, can expect a median annual salary of $34,264, which surpasses the national figure by approximately 12.90%. The earnings range for professionals in this field varies significantly, from $25,553 at the 10th percentile to $53,109 at the 90th percentile, indicating a broad spectrum of pay based on experience, credentials, and job specialization. These local salary estimates are based on 2025 BLS data, adjusted for California's unique cost of living, which is notably above the national average. Within Thousand Oaks, the demand for specialists focusing on inpatient coding (CCS designations) tends to command higher salaries compared to those in outpatient settings (CPC roles), reflecting the intensity and complexity of the work involved.
About the Thousand Oaks Market
Salary estimated from California average ($66,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $25,553 | $12.29 |
| Lower Range (P25) | $29,543 | $14.20 |
| Median (P50)(typical) | $34,264 | $16.47 |
| Upper Range (P75) | $43,857 | $21.09 |
| Top Earners (P90) | $53,109 | $25.53 |
Median Salary Position
12.90% above the national average
2026 Salary Percentile Distribution in Thousand Oaks
In Thousand Oaks, CA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $27,556 (2026 est.). At $34,264, the local median is 12.9% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Thousand Oaks: You'd be in the lower-middle range
How Thousand Oaks Medical Billing and Coding Specialist Pay Compares
Thousand Oaks median: $34,264/year (2026)
| Compared To | Median Salary | Thousand Oaks Pays |
|---|---|---|
| California Average | $35,071 | -2.30% less |
| National Average | $30,349 | +12.90% more |
Medical Billing and Coding Specialists in Thousand Oaks, CA earn a median of $34,264 per year (2026 est.), which is 12.90% higher than the national median of $30,349 and 2.30% below the California state average of $35,071.
Cost-of-Living Adjusted Salary
Thousand Oaks has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Thousand Oaks, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $34,264 is competitive, the higher cost of living reduces purchasing power to an effective $30,295 — a 11.58% reduction.
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2021 BLS Actual
$30,553
2025 BLS Actual
$33,487
2026 Current Est.
$34,264
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Thousand Oaks (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $30,553 | Actual |
| 2022 | $30,894 | Actual |
| 2023 | $31,942 | Actual |
| 2024 | $75,088 | Actual |
| 2025 | $33,487 | Actual |
| 2026(current) | $34,264 | Estimated |
| 2027 | $35,059 | Projected |
Based on 5 years of BLS OEWS data for the Thousand Oaks metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $30,553 (2021) to $33,487 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,059 by 2027 — a total increase of $4,506 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Thousand Oaks 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $25,553 – $29,543 |
| 3-5 years (Mid Career) | $29,543 – $34,264 |
| 5+ years (Experienced) | $34,264 – $43,857 |
| 10+ years (Top Earner) | $43,857 – $53,109 |
MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.
Medical Billing and Coding Specialist Job Market in Thousand Oaks
Thousand Oaks has a relatively small yet stable job market with around 32 medical billing and coding specialists currently employed, demonstrating steady demand in this profession. However, the cost of living index stands at 113.1, which poses a challenge for take-home purchasing power in comparison to national averages. Competitive employers such as physician group practice coding offices and hospital inpatient coding departments often offer the highest pay scales, especially for those possessing multiple certifications like CPC, CCS, and CRC, along with expertise in audit and compliance. Variations in salary arise from factors such as the chosen specialty, credential combinations, productivity expectations, and whether the position is remote or in-office. For those looking to enhance compensation in Thousand Oaks, focusing on niche skills within risk adjustment (especially in HCC coding) and pursuing continuous education through AAPC or AHIMA can yield the greatest benefits.
More salary data for Thousand Oaks, CA:
Frequently Asked Questions
How much do medical billing and coding specialists make in Thousand Oaks, CA in 2026?
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $33,487 for medical billing and coding specialistsin the Thousand Oaks metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Thousand Oaks 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