Medical Billing and Coding Specialist Salary in Lawrence, IN: $27,451 (2026)
Quick Answer:A full-time medical billing and coding specialist in Lawrence, IN earns a median $27,451/year (≈ $13.20/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Lawrence's price level (9% below national, BEA RPP 91.3), that paycheck buys what $30,067 would nationally. Nominal pay sits 4.3% below the Indiana state average.
Based on BLS state-level estimates · View source
In Lawrence, Indiana, the projected median annual salary for a medical billing and coding specialist in 2026 is $27,451, which falls below the national median of $30,349. The salary expected in this area ranges from $21,089 at the 10th percentile to $42,550 at the 90th percentile, highlighting a significant disparity depending on experience and credentials. These figures are derived from estimates based on 2025 BLS data, adjusted for local cost-of-living factors in Lawrence. Despite the lower pay scale relative to the national average, the demand for medical billing and coding specialists remains steady, driven by the ongoing shift toward remote positions and the increasing complexities of ICD-10-CM and CPT coding.
About the Lawrence Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,089 | $10.14 |
| Lower Range (P25) | $23,948 | $11.51 |
| Median (P50)(typical) | $27,451 | $13.20 |
| Upper Range (P75) | $34,969 | $16.81 |
| Top Earners (P90) | $42,550 | $20.45 |
Median Salary Position
9.55% below the national average
2026 Salary Percentile Distribution in Lawrence
In Lawrence, IN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $21,461 (2026 est.). At $27,451, the local median is 9.55% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Lawrence: You'd be in the lower-middle range
How Lawrence Medical Billing and Coding Specialist Pay Compares
Lawrence median: $27,451/year (2026)
| Compared To | Median Salary | Lawrence Pays |
|---|---|---|
| Indiana Average | $28,685 | -4.30% less |
| National Average | $30,349 | -9.55% less |
Medical Billing and Coding Specialists in Lawrence, IN earn a median of $27,451 per year (2026 est.), which is 9.55% lower than the national median of $30,349 and 4.30% below the Indiana state average of $28,685.
Cost-of-Living Adjusted Salary
Lawrence has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lawrence, IN has a cost-of-living index of 91.3 (below the national average of 100). A medical billing and coding specialist earning $27,451 nominally has purchasing power equivalent to $30,067 in an average-cost city — an effective 9.53% 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
$24,479
2025 BLS Actual
$26,829
2026 Current Est.
$27,451
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Lawrence (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $24,479 | Actual |
| 2022 | $24,752 | Actual |
| 2023 | $25,591 | Actual |
| 2024 | $40,179 | Actual |
| 2025 | $26,829 | Actual |
| 2026(current) | $27,451 | Estimated |
| 2027 | $28,088 | Projected |
Based on 5 years of BLS OEWS data for the Lawrence metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $24,479 (2021) to $26,829 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $28,088 by 2027 — a total increase of $3,609 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Lawrence 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) | $21,089 – $23,948 |
| 3-5 years (Mid Career) | $23,948 – $27,451 |
| 5+ years (Experienced) | $27,451 – $34,969 |
| 10+ years (Top Earner) | $34,969 – $42,550 |
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 Lawrence
With only ten medical billing and coding specialists currently employed in Lawrence, opportunities may seem limited, yet the local job market offers unique advantages. The cost of living in the area, with an index of 91.3, indicates that salaries stretch further here compared to many other regions. Employers such as physician group practices and payer coding audit teams typically offer better compensation. The wide salary range reflects various factors, including specialty areas like risk adjustment coding and the stacking of credentials, such as CPC and CCS. Additionally, productivity bonuses tied to workflow efficiency can enhance earnings. To maximize pay in this market, professionals should consider pursuing advanced certifications, staying updated with quarterly coding changes, and exploring remote work arrangements that could yield greater flexibility and potentially higher compensation.
More salary data for Lawrence, IN:
Frequently Asked Questions
How much do medical billing and coding specialists make in Lawrence, IN in 2026?
Is Lawrence, IN a good place to work as a medical billing and coding specialist?
Can medical billing and coding specialists make $100K in Lawrence?
What is the cost-of-living adjusted medical billing and coding specialist salary in Lawrence?
How much does a medical billing and coding specialist make per hour in Lawrence?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Indiana
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 $26,829 for medical billing and coding specialistsin the Lawrence 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 Lawrence 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