Medical Billing and Coding Specialist Salary in New Haven, CT: $39,933 (2026)
Quick Answer:A full-time medical billing and coding specialist in New Haven, CT earns a median $39,933/year (≈ $19.20/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in New Haven's price level (5% above national, BEA RPP 104.6), that paycheck buys what $38,192 would nationally. Nominal pay sits 11.1% above the Connecticut state average.
Official BLS data · View source
In 2026, the median annual pay for medical billing and coding specialists in New Haven, Connecticut, is projected to be $39,933, highlighting a notable foundation for professionals in this field. With a salary range from $27,519 at the 10th percentile to $63,097 at the 90th percentile, it’s clear that there’s significant potential for varying income levels based on experience and specialization. This forecast is based on 2025 BLS OEWS data and reflects a competitive market where medical coding is increasingly performed remotely. As more organizations shift their operations to accommodate remote work, professionals in New Haven may find opportunities that extend beyond local boundaries, potentially enriching their job prospects and earnings.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $27,519 | $13.23 |
| Lower Range (P25) | $30,059 | $14.45 |
| Median (P50)(typical) | $39,933 | $19.20 |
| Upper Range (P75) | $48,676 | $23.40 |
| Top Earners (P90) | $63,097 | $30.33 |
Median Salary Position
31.58% above the national average
2026 Salary Percentile Distribution in New Haven
In New Haven, CT, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $35,578 (2026 est.). At $39,933, the local median is 31.58% above the national median of $30,349.
Salary Calculator
At 40 hours/week in New Haven: You'd be in the lower-middle range
How New Haven Medical Billing and Coding Specialist Pay Compares
New Haven median: $39,933/year (2026)
| Compared To | Median Salary | New Haven Pays |
|---|---|---|
| Connecticut Average | $35,944 | +11.10% more |
| National Average | $30,349 | +31.58% more |
Medical Billing and Coding Specialists in New Haven, CT earn a median of $39,933 per year (2026 est.), which is 31.58% higher than the national median of $30,349 and 11.10% above the Connecticut state average of $35,944.
Cost-of-Living Adjusted Salary
New Haven has a cost of living 4.56% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
New Haven, CT has a cost-of-living index of 104.559 (above the national average of 100). While the nominal salary of $39,933 is competitive, the higher cost of living reduces purchasing power to an effective $38,192 — a 4.36% reduction.
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2021 BLS Actual
$56,010
2025 BLS Actual
$39,028
2026 Current Est.
$39,933
2021–2027 Growth
+-27.0%
Salary Trajectory for Medical Billing and Coding Specialists in New Haven (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $56,010 | Actual |
| 2022 | $62,110 | Actual |
| 2023 | $62,470 | Actual |
| 2024 | $58,740 | Actual |
| 2025 | $39,028 | Actual |
| 2026(current) | $39,933 | Estimated |
| 2027 | $40,860 | Projected |
Based on 5 years of BLS OEWS data for the New Haven metropolitan area, the median medical billing and coding specialist salary grew -30.3% from $56,010 (2021) to $39,028 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $40,860 by 2027 — a total increase of $-15,150 (-27.05%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the New Haven 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) | $27,519 – $30,059 |
| 3-5 years (Mid Career) | $30,059 – $39,933 |
| 5+ years (Experienced) | $39,933 – $48,676 |
| 10+ years (Top Earner) | $48,676 – $63,097 |
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 New Haven
The job market for medical billing and coding specialists in New Haven is robust, with 220 individuals currently employed in this role. However, the cost-of-living index of 104.559 indicates a higher living expense compared to the national average, potentially impacting take-home pay. Notably, employers like hospital inpatient coding departments and third-party coding companies generally offer higher salaries due to the complexity of the work and demand for specialized skills. Key factors influencing the salary range include the type of coding performed, credential stacking, and the nature of the employment structure, whether remote or in-office. To optimize earnings in New Haven, it's advisable for specialists to pursue additional certifications, focus on in-demand subspecialties such as risk adjustment, and engage in continuous education through ICD-10-CM updates. This proactive approach can significantly enhance earning potential within a competitive market.
More salary data for New Haven, 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 $39,028 for medical billing and coding specialistsin the New Haven 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
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