Medical Billing and Coding Specialist Salary in Parker, CO: $32,324 (2026)
Quick Answer:A full-time medical billing and coding specialist in Parker, CO earns a median $32,324/year (≈ $15.54/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Parker's price level (5% above national, BEA RPP 105.0), that paycheck buys what $30,785 would nationally. Nominal pay sits 0.9% below the Colorado state average.
Based on BLS state-level estimates · View source
Medical billing and coding specialists in Parker, Colorado, can expect a median annual salary of $32,324 in 2026, which is notably above the national median of $30,349. The salary range for this role runs from $22,276 at the 10th percentile to $50,102 at the 90th percentile, indicating a diverse earning potential based on experience and specialty. These figures, derived from 2025 BLS data and adjusted for regional economic conditions, reflect not only local industry demands but also the relevance of specialty areas. For instance, professionals focusing on inpatient coding as Certified Coding Specialists (CCS) earn more, making this niche a lucrative path for job seekers in Parker's competitive healthcare market.
About the Parker Market
Salary estimated from Colorado average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $22,276 | $10.71 |
| Lower Range (P25) | $27,645 | $13.29 |
| Median (P50)(typical) | $32,324 | $15.54 |
| Upper Range (P75) | $41,374 | $19.89 |
| Top Earners (P90) | $50,102 | $24.09 |
Median Salary Position
6.51% above the national average
2026 Salary Percentile Distribution in Parker
In Parker, CO, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $27,826 (2026 est.). At $32,324, the local median is 6.51% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Parker: You'd be in the lower-middle range
How Parker Medical Billing and Coding Specialist Pay Compares
Parker median: $32,324/year (2026)
| Compared To | Median Salary | Parker Pays |
|---|---|---|
| Colorado Average | $32,617 | -0.90% less |
| National Average | $30,349 | +6.51% more |
Medical Billing and Coding Specialists in Parker, CO earn a median of $32,324 per year (2026 est.), which is 6.51% higher than the national median of $30,349 and 0.90% below the Colorado state average of $32,617.
Cost-of-Living Adjusted Salary
Parker has a cost of living 5.00% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Parker, CO has a cost-of-living index of 105 (above the national average of 100). While the nominal salary of $32,324 is competitive, the higher cost of living reduces purchasing power to an effective $30,785 — a 4.76% reduction.
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2021 BLS Actual
$28,824
2025 BLS Actual
$31,591
2026 Current Est.
$32,324
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Parker (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $28,824 | Actual |
| 2022 | $29,145 | Actual |
| 2023 | $30,133 | Actual |
| 2024 | $57,243 | Actual |
| 2025 | $31,591 | Actual |
| 2026(current) | $32,324 | Estimated |
| 2027 | $33,074 | Projected |
Based on 5 years of BLS OEWS data for the Parker metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $28,824 (2021) to $31,591 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,074 by 2027 — a total increase of $4,250 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Parker 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) | $22,276 – $27,645 |
| 3-5 years (Mid Career) | $27,645 – $32,324 |
| 5+ years (Experienced) | $32,324 – $41,374 |
| 10+ years (Top Earner) | $41,374 – $50,102 |
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 Parker
The job market for medical billing and coding specialists in Parker is relatively strong, with only 14 professionals currently employed in this field. This limited workforce contributes to the higher-than-average cost of living index of 105, which can affect take-home pay and purchasing power in the area. Employers that typically offer higher salaries include physician group practice coding offices and inpatient coding departments in hospitals, alongside third-party coding companies that support remote work. The variation in pay levels can be attributed to factors such as specialization—where inpatient CCS roles generally command higher compensation than outpatient CPC roles—and credentialing, since those with multiple certifications (CPC, CCS, CRC) may receive premium salaries. For individuals seeking to maximize their earnings in this market, obtaining advanced certifications, gaining experience in risk adjustment and HCC coding, and exploring remote positions could provide significant advantages.
More salary data for Parker, CO:
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
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 $31,591 for medical billing and coding specialistsin the Parker 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 Parker 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