Medical Billing and Coding Specialist Salary in Evansville, IN: $29,121 (2026)
Quick Answer:A full-time medical billing and coding specialist in Evansville, IN earns a median $29,121/year (≈ $14.00/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Evansville's price level (8% below national, BEA RPP 91.5), that paycheck buys what $31,816 would nationally. Nominal pay sits 1.5% above the Indiana state average.
Official BLS data · View source
In 2026, professionals in Evansville, Indiana, working as medical billing and coding specialists can expect a median annual salary of $29,121, which is slightly lower than the national median of $30,349. The full salary range for this role varies significantly, with the lowest 10% earning around $23,079 and the highest 10% earning approximately $37,394. These figures represent the latest projections based on 2025 BLS OEWS data. For those considering advancing their careers in this field, pursuing credentials such as the Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC) can enhance lifetime earnings, particularly in specialized areas of coding. As Evansville's job market continues to evolve, these qualifications may lead to higher pay and better job security.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $23,079 | $11.10 |
| Lower Range (P25) | $23,139 | $11.12 |
| Median (P50)(typical) | $29,121 | $14.00 |
| Upper Range (P75) | $33,085 | $15.90 |
| Top Earners (P90) | $37,394 | $17.98 |
Median Salary Position
4.05% below the national average
2026 Salary Percentile Distribution in Evansville
In Evansville, IN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $14,315 (2026 est.). At $29,121, the local median is 4.05% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Evansville: You'd be in the lower-middle range
How Evansville Medical Billing and Coding Specialist Pay Compares
Evansville median: $29,121/year (2026)
| Compared To | Median Salary | Evansville Pays |
|---|---|---|
| Indiana Average | $28,691 | +1.50% more |
| National Average | $30,349 | -4.05% less |
Medical Billing and Coding Specialists in Evansville, IN earn a median of $29,121 per year (2026 est.), which is 4.05% lower than the national median of $30,349 and 1.50% above the Indiana state average of $28,691.
Cost-of-Living Adjusted Salary
Evansville has a cost of living 8.47% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Evansville, IN has a cost-of-living index of 91.528 (below the national average of 100). A medical billing and coding specialist earning $29,121 nominally has purchasing power equivalent to $31,816 in an average-cost city — an effective 9.25% boost.
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2021 BLS Actual
$45,010
2025 BLS Actual
$28,461
2026 Current Est.
$29,121
2021–2027 Growth
+-33.8%
Salary Trajectory for Medical Billing and Coding Specialists in Evansville (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $45,010 | Actual |
| 2022 | $46,220 | Actual |
| 2023 | $46,980 | Actual |
| 2024 | $47,130 | Actual |
| 2025 | $28,461 | Actual |
| 2026(current) | $29,121 | Estimated |
| 2027 | $29,797 | Projected |
Based on 5 years of BLS OEWS data for the Evansville metropolitan area, the median medical billing and coding specialist salary grew -36.8% from $45,010 (2021) to $28,461 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $29,797 by 2027 — a total increase of $-15,213 (-33.80%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Evansville 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) | $23,079 – $23,139 |
| 3-5 years (Mid Career) | $23,139 – $29,121 |
| 5+ years (Experienced) | $29,121 – $33,085 |
| 10+ years (Top Earner) | $33,085 – $37,394 |
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 Evansville
Within Evansville, approximately 420 medical billing and coding specialists are actively employed, indicating a steady demand for qualified professionals in the local healthcare landscape. The cost of living index stands at 91.528, which is below the national average, allowing residents to enjoy a relatively affordable lifestyle compared to other regions. Employers in the area that tend to offer higher compensation include major hospitals, physician group practices, and third-party coding companies which often provide remote work options. Factors contributing to the wider salary gap include the type of coding specialty pursued—where inpatient coding typically commands higher wages—and the value of credential stacking. Additionally, those engaged in audit and compliance roles may enjoy premium pay opportunities. To maximize earning potential in Evansville, specialists should consider gaining additional certifications, focusing on in-demand subspecialties, and exploring remote positions that provide greater flexibility and potentially higher compensation.
More salary data for Evansville, IN:
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 $28,461 for medical billing and coding specialistsin the Evansville 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