Medical Billing Salary

Medical Billing and Coding Specialist Salary in Springfield, IL: $33,115 (2026)

Quick Answer:A full-time medical billing and coding specialist in Springfield, IL earns a median $33,115/year (β‰ˆ $15.92/hour) in nominal terms for 2026 β€” projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Springfield's price level (7% below national, BEA RPP 92.7), that paycheck buys what $35,705 would nationally. Nominal pay sits 11.7% above the Illinois state average.

$33,115
Median Annual Salary
$15.92/hr
Median Hourly Rate
$23,572
Entry Level (P10)
$46,207
Top Earners (P90)

Official BLS data Β· View source

Medical Billing and Coding Specialist Salary in Springfield, IL β€” 2026 est., based on 2025 BLS
Springfield, IL medical billing and coding specialist salary overview (2026 est., based on 2025 BLS)

In 2026, those working as medical billing and coding specialists in Springfield, Illinois, can expect a median annual salary of $33,115, reflecting a competitive advantage of 9.11% over the national median of $30,349. Salary ranges considerably vary, offering a spectrum from $23,572 at the 10th percentile to $46,207 at the 90th percentile. This data is derived from the Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics surveys. Given the specialization in inpatient CCS coding, outpatient CPC coding, and HCC/risk adjustment coding, it’s clear that income potential rises with credentials and areas of expertise, particularly in a market that is seeing an increasing demand for proficiency in these high-value coding areas.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$23,572$11.34
Lower Range (P25)$28,753$13.82
Median (P50)(typical)$33,115$15.92
Upper Range (P75)$36,830$17.71
Top Earners (P90)$46,207$22.21

Median Salary Position

$23,572$46,207
City Median: $33,115
National: $30,349
P10–P90 Range

9.11% above the national average

2026 Salary Percentile Distribution in Springfield

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Springfield. The median salary is $33,115, compared to the national median of $30,349.$21.2K$28.0K$34.9K$41.7K$48.5K$23.6K10th Pctl$28.8K25th Pctl$33.1KMedian$36.8K75th Pctl$46.2K90th PctlUS Median$30.3K

In Springfield, IL, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $22,635 (2026 est.). At $33,115, the local median is 9.11% above the national median of $30,349.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of medical billing and coding specialist pay in the Springfield metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$637
per week
$2,760
per month
$33,116
per year

At 40 hours/week in Springfield: You'd be in the lower-middle range

How Springfield Medical Billing and Coding Specialist Pay Compares

Springfield median: $33,115/year (2026)

Compared ToMedian SalarySpringfield Pays
Illinois Average$29,646+11.70% more
National Average$30,349+9.11% more
Horizontal bar chart comparing medical billing and coding specialist median salary in Springfield ($33,115) with Illinois average ($29,646) and the US national median ($30,349).Springfield$33,115Illinois Avg$29,646+11.70%US National$30,349+9.11%

Medical Billing and Coding Specialists in Springfield, IL earn a median of $33,115 per year (2026 est.), which is 9.11% higher than the national median of $30,349 and 11.70% above the Illinois state average of $29,646.

Cost-of-Living Adjusted Salary

$33,115
Nominal Salary
92.745
CoL Index
$35,705
Adjusted Salary

Springfield has a cost of living 7.25% below the national average, meaning your salary goes further here.

Adjusted salary = nominal Γ— (100 / CoL index). CoL index: 100 = national average.

The nominal salary is $33,115. After adjusting for a cost-of-living index of 92.745, the purchasing-power equivalent is $35,705, a gain of $2,590.$25.8K$29.6K$33.4K$37.2K$41.1K$33,115NominalSalary$35,705CoL Adjusted(CoL: 92.745)β–² 7.82%US Median $30.3K

Springfield, IL has a cost-of-living index of 92.745 (below the national average of 100). A medical billing and coding specialist earning $33,115 nominally has purchasing power equivalent to $35,705 in an average-cost city β€” an effective 7.82% boost.

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2021 BLS Actual

$46,660

2025 BLS Actual

$32,364

2026 Current Est.

$33,115

2021–2027 Growth

+-27.4%

Salary Trajectory for Medical Billing and Coding Specialists in Springfield (2021–2027)

2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.

BLS Actual Estimated Projected
Salary trajectory chart for medical billing and coding specialists in Springfield. Baseline $46,660 in 2025, projected to $33,883 by 2027.$28.8K$35.1K$41.3K$47.6K$53.9K20212022202320242025202620272025 BLS$46.7K$47.7K$50.3K$49.4K$32.4K$33.1K$33.9K
YearAnnual SalaryStatus
2021$46,660Actual
2022$47,730Actual
2023$50,320Actual
2024$49,360Actual
2025$32,364Actual
2026(current)$33,115Estimated
2027$33,883Projected

Based on 5 years of BLS OEWS data for the Springfield metropolitan area, the median medical billing and coding specialist salary grew -30.6% from $46,660 (2021) to $32,364 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,883 by 2027 β€” a total increase of $-12,777 (-27.38%) from 2021.

Note: Historical values (2021–2025) are actual BLS OEWS figures for the Springfield 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

ExperienceEstimated Salary Range
0-2 years (New Graduate)$23,572 – $28,753
3-5 years (Mid Career)$28,753 – $33,115
5+ years (Experienced)$33,115 – $36,830
10+ years (Top Earner)$36,830 – $46,207

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 Springfield

The local job market in Springfield supports around 120 medical billing and coding specialists, indicating a healthy demand for these positions. With a cost of living index of 92.745, it is evident that a medical billing and coding specialist's pay in Springfield, IL, aligns well with living expenses, thus improving overall purchasing power. Employers who tend to compensate the most are typically involved in physician group practices, hospital inpatient coding departments, ambulatory surgery centers, and payer coding audit teams. Factors such as specialty coding (inpatient over outpatient), extensive credentialing (like CPC with CCS or CRC), and productivity-linked bonuses contribute to the disparity in pay across the field. To maximize earnings, aspiring specialists should focus on gaining multiple certifications and consider exploring remote positions that offer flexible options while often paying at the higher end of the salary spectrum.

Frequently Asked Questions

How much do medical billing and coding specialists make in Springfield, IL in 2026?

The estimated 2026 median medical billing and coding specialist salary in Springfield is $33,115/year ($15.92/hour), based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). Salaries range from $23,572 at entry level (10th percentile) to $46,207 for experienced top earners (90th percentile). This puts Springfield at 9.1% above the national median. Full-time medical billing and coding specialists typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Springfield, IL a good place to work as a medical billing and coding specialist?

Springfield medical billing and coding specialist salaries are 9.1% above the national average and 11.7% above the Illinois state average. The metro area employs approximately 120 medical billing and coding specialists. With a cost-of-living index of 92.745, your salary stretches further here than in higher-cost metros. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can medical billing and coding specialists make $100K in Springfield?

The median medical billing and coding specialist salary in Springfield is $33,115, and the 90th percentile earns $46,207. Reaching $100K in this market typically requires a combination of advanced certifications, working at multiple practices, or transitioning into education or consulting roles.

What is the cost-of-living adjusted medical billing and coding specialist salary in Springfield?

After adjusting for Springfield's cost-of-living index of 92.745 (where 100 equals the national average), the $33,115 nominal salary has purchasing power equivalent to $35,705 in an average-cost city. This means your dollar goes 7.8% further in Springfield compared to the national average, making it an attractive location for medical billing and coding specialists seeking strong real wages.

How much does a medical billing and coding specialist make per hour in Springfield?

Medical Billing and Coding Specialists in Springfield earn a median hourly rate of $15.92, which translates to approximately $33,115/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $11.34 for entry-level positions to $22.21 for the most experienced practitioners. Part-time and per diem medical billing and coding specialists sometimes command premium hourly rates because practices need flexible scheduling coverage.

Related Pages

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AP

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.

Clinically reviewed by Liam Johnson, RHITData verified by Sofia Nguyen, CCS

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 $32,364 for medical billing and coding specialistsin the Springfield 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. Β· View source data at BLS.gov

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