Medical Billing and Coding Specialist Salary in Oak Lawn, IL: $28,894 (2026)
Quick Answer:A full-time medical billing and coding specialist in Oak Lawn, IL earns a median $28,894/year (≈ $13.90/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Oak Lawn's price level (3% below national, BEA RPP 97.1), that paycheck buys what $29,757 would nationally. Nominal pay sits 2.6% below the Illinois state average.
Based on BLS state-level estimates · View source
In Oak Lawn, Illinois, the projected median annual salary for medical billing and coding specialists stands at $28,894 in 2026, which is slightly below the national median of $30,349. Local salaries range from $21,321 at the 10th percentile to $44,785 at the 90th percentile, based on estimates derived from 2025 BLS state-level data and adjusted for regional price parity. The shift to remote work has broadened the geographic competition for roles in this field, allowing local professionals to seek opportunities beyond traditional boundaries. This trend fits well with Oak Lawn's existing job market, where the demand for skilled coders continues to evolve amid rapid changes in healthcare policy and coding standards, particularly in risk adjustment coding.
About the Oak Lawn Market
Salary estimated from Illinois average ($50,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,321 | $10.25 |
| Lower Range (P25) | $24,124 | $11.60 |
| Median (P50)(typical) | $28,894 | $13.90 |
| Upper Range (P75) | $36,669 | $17.63 |
| Top Earners (P90) | $44,785 | $21.53 |
Median Salary Position
4.79% below the national average
2026 Salary Percentile Distribution in Oak Lawn
In Oak Lawn, IL, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $23,464 (2026 est.). At $28,894, the local median is 4.79% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Oak Lawn: You'd be in the lower-middle range
How Oak Lawn Medical Billing and Coding Specialist Pay Compares
Oak Lawn median: $28,894/year (2026)
| Compared To | Median Salary | Oak Lawn Pays |
|---|---|---|
| Illinois Average | $29,665 | -2.60% less |
| National Average | $30,349 | -4.79% less |
Medical Billing and Coding Specialists in Oak Lawn, IL earn a median of $28,894 per year (2026 est.), which is 4.79% lower than the national median of $30,349 and 2.60% below the Illinois state average of $29,665.
Cost-of-Living Adjusted Salary
Oak Lawn has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Oak Lawn, IL has a cost-of-living index of 97.1 (below the national average of 100). A medical billing and coding specialist earning $28,894 nominally has purchasing power equivalent to $29,757 in an average-cost city — an effective 2.99% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2021 BLS Actual
$25,765
2025 BLS Actual
$28,239
2026 Current Est.
$28,894
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Oak Lawn (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $25,765 | Actual |
| 2022 | $26,052 | Actual |
| 2023 | $26,936 | Actual |
| 2024 | $47,309 | Actual |
| 2025 | $28,239 | Actual |
| 2026(current) | $28,894 | Estimated |
| 2027 | $29,564 | Projected |
Based on 5 years of BLS OEWS data for the Oak Lawn metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $25,765 (2021) to $28,239 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $29,564 by 2027 — a total increase of $3,799 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Oak Lawn 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) | $21,321 – $24,124 |
| 3-5 years (Mid Career) | $24,124 – $28,894 |
| 5+ years (Experienced) | $28,894 – $36,669 |
| 10+ years (Top Earner) | $36,669 – $44,785 |
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 Oak Lawn
The job market in Oak Lawn includes approximately 14 medical billing and coding specialists, reflecting a relatively stable yet not overly saturated field. With a cost-of-living index of 97.1, which is below the national average, professionals may find their take-home purchasing power slightly enhanced despite the lower local salary scales. Major employers that tend to offer higher compensation include hospital inpatient coding departments and physician group practice coding offices, with remote third-party coding companies also gaining prominence. The variation in pay within the field often depends on factors such as subspecialty designation (e.g., CCS versus CPC), credential stacking, and additional performance-based incentives. Professionals can maximize their earnings by obtaining multiple credentials like CPC, CCS, and CRC, focusing on in-demand specialties, and considering both in-office and remote work options to widen their job prospects.
More salary data for Oak Lawn, IL:
Frequently Asked Questions
How much do medical billing and coding specialists make in Oak Lawn, IL in 2026?
Is Oak Lawn, IL a good place to work as a medical billing and coding specialist?
Can medical billing and coding specialists make $100K in Oak Lawn?
What is the cost-of-living adjusted medical billing and coding specialist salary in Oak Lawn?
How much does a medical billing and coding specialist make per hour in Oak Lawn?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Illinois
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 $28,239 for medical billing and coding specialistsin the Oak Lawn 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 Oak Lawn 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