Medical Billing and Coding Specialist Salary in Groton, CT: $34,844 (2026)
Quick Answer:A full-time medical billing and coding specialist in Groton, CT earns a median $34,844/year (≈ $16.75/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Groton's price level (8% above national, BEA RPP 107.9), that paycheck buys what $32,293 would nationally. Nominal pay sits 3.1% below the Connecticut state average.
Based on BLS state-level estimates · View source
In Groton, Connecticut, the projected salary for medical billing and coding specialists in 2026 stands at $34,844 annually, surpassing the national median of $30,349 by approximately 14.81%. The salary range for professionals in this field is quite broad, ranging from $24,608 at the 10th percentile to $54,009 for those at the 90th percentile, indicating a significant variance in pay based on experience, specialty, and employer. These figures reflect local estimates derived from BLS state-level data and regional cost adjustments, capturing the dynamics of Groton's healthcare market. The job market demonstrates stability, where specialists are employed across a variety of healthcare settings, a factor critical for those considering a position in medical billing and coding.
About the Groton Market
Salary estimated from Connecticut average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $24,608 | $11.83 |
| Lower Range (P25) | $30,951 | $14.88 |
| Median (P50)(typical) | $34,844 | $16.75 |
| Upper Range (P75) | $44,198 | $21.25 |
| Top Earners (P90) | $54,009 | $25.97 |
Median Salary Position
14.81% above the national average
2026 Salary Percentile Distribution in Groton
In Groton, CT, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $29,401 (2026 est.). At $34,844, the local median is 14.81% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Groton: You'd be in the lower-middle range
How Groton Medical Billing and Coding Specialist Pay Compares
Groton median: $34,844/year (2026)
| Compared To | Median Salary | Groton Pays |
|---|---|---|
| Connecticut Average | $35,959 | -3.10% less |
| National Average | $30,349 | +14.81% more |
Medical Billing and Coding Specialists in Groton, CT earn a median of $34,844 per year (2026 est.), which is 14.81% higher than the national median of $30,349 and 3.10% below the Connecticut state average of $35,959.
Cost-of-Living Adjusted Salary
Groton has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Groton, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $34,844 is competitive, the higher cost of living reduces purchasing power to an effective $32,293 — a 7.32% reduction.
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2021 BLS Actual
$31,071
2025 BLS Actual
$34,054
2026 Current Est.
$34,844
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Groton (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $31,071 | Actual |
| 2022 | $31,417 | Actual |
| 2023 | $32,482 | Actual |
| 2024 | $60,663 | Actual |
| 2025 | $34,054 | Actual |
| 2026(current) | $34,844 | Estimated |
| 2027 | $35,652 | Projected |
Based on 5 years of BLS OEWS data for the Groton metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $31,071 (2021) to $34,054 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,652 by 2027 — a total increase of $4,581 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Groton 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) | $24,608 – $30,951 |
| 3-5 years (Mid Career) | $30,951 – $34,844 |
| 5+ years (Experienced) | $34,844 – $44,198 |
| 10+ years (Top Earner) | $44,198 – $54,009 |
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 Groton
The local job market has only six medical billing and coding specialists currently employed in Groton, indicating a niche yet potentially lucrative environment driven by specialty demand. The cost of living index in Groton is 107.9, which means that while salaries appear competitive, the higher living costs may influence purchasing power for residents. Employers that typically offer higher salaries include inpatient coding departments within hospitals, physician group practice coding offices, and third-party coding companies that offer remote positions. Salary disparities often arise from various factors such as coding specialization—where inpatient certified coding specialists (CCS) generally earn more than those focused on outpatient coding—and credential stacking. To maximize earning potential in Groton, professionals should consider obtaining multiple certifications, stay updated with industry changes like ICD-10-CM and CPT updates, and leverage remote work opportunities that have become increasingly common in the post-2020 landscape.
More salary data for Groton, CT:
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 $34,054 for medical billing and coding specialistsin the Groton 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 Groton 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