Medical Billing and Coding Specialist Salary in Milford, CT: $35,147 (2026)
Quick Answer:A full-time medical billing and coding specialist in Milford, CT earns a median $35,147/year (≈ $16.89/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Milford's price level (8% above national, BEA RPP 107.9), that paycheck buys what $32,574 would nationally. Nominal pay sits 2.2% below the Connecticut state average.
Based on BLS state-level estimates · View source
In Milford, Connecticut, the projected 2026 median salary for medical billing and coding specialists is $35,147, reflecting a competitive edge over the national average of $30,349. This local salary is supported by a broad salary range from $26,269 for entry-level positions (P10) to $54,478 for those at the top of their careers (P90). These salary estimates are derived from 2025 BLS data, adjusted for regional price parity in Milford. Credential stacking—earning multiple certifications such as the Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC)—can significantly enhance lifetime earnings, appealing to those entering or advancing in this field. With a steady growth projection of 2.32% annually, the job market in Milford presents promising opportunities for motivated individuals.
About the Milford Market
Salary estimated from Connecticut average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,269 | $12.63 |
| Lower Range (P25) | $30,255 | $14.55 |
| Median (P50)(typical) | $35,147 | $16.89 |
| Upper Range (P75) | $44,988 | $21.63 |
| Top Earners (P90) | $54,478 | $26.19 |
Median Salary Position
15.81% above the national average
2026 Salary Percentile Distribution in Milford
In Milford, CT, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $28,209 (2026 est.). At $35,147, the local median is 15.81% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Milford: You'd be in the lower-middle range
How Milford Medical Billing and Coding Specialist Pay Compares
Milford median: $35,147/year (2026)
| Compared To | Median Salary | Milford Pays |
|---|---|---|
| Connecticut Average | $35,938 | -2.20% less |
| National Average | $30,349 | +15.81% more |
Medical Billing and Coding Specialists in Milford, CT earn a median of $35,147 per year (2026 est.), which is 15.81% higher than the national median of $30,349 and 2.20% below the Connecticut state average of $35,938.
Cost-of-Living Adjusted Salary
Milford has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Milford, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $35,147 is competitive, the higher cost of living reduces purchasing power to an effective $32,574 — a 7.32% reduction.
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2021 BLS Actual
$31,341
2025 BLS Actual
$34,350
2026 Current Est.
$35,147
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Milford (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $31,341 | Actual |
| 2022 | $31,690 | Actual |
| 2023 | $32,765 | Actual |
| 2024 | $61,190 | Actual |
| 2025 | $34,350 | Actual |
| 2026(current) | $35,147 | Estimated |
| 2027 | $35,962 | Projected |
Based on 5 years of BLS OEWS data for the Milford metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $31,341 (2021) to $34,350 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,962 by 2027 — a total increase of $4,621 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Milford 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) | $26,269 – $30,255 |
| 3-5 years (Mid Career) | $30,255 – $35,147 |
| 5+ years (Experienced) | $35,147 – $44,988 |
| 10+ years (Top Earner) | $44,988 – $54,478 |
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 Milford
With only nine medical billing and coding specialists currently employed in Milford, job competition remains modest, supporting better pay prospects as demand increases. The area's cost of living index, at 107.9, suggests that while salaries may be higher than the national average, the purchasing power is impacted by local expenses. Among employers in Milford, physician group practices and hospital inpatient coding departments generally offer the most competitive salaries, while remote positions in third-party coding companies continue to attract professionals seeking flexibility. The wide salary range seen in this sector can be attributed to various factors, including specialty focus—CCS positions typically command higher salaries compared to outpatient CPC roles—and the added financial value of audit compliance subspecialties, which may also come with productivity bonuses. For those seeking to maximize their pay, pursuing additional certifications and opting for remote work opportunities can be strategic moves in this evolving Milford market.
More salary data for Milford, 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 $34,350 for medical billing and coding specialistsin the Milford 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 Milford 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