Medical Billing and Coding Specialist Salary in Valparaiso, IN: $28,304 (2026)
Quick Answer:A full-time medical billing and coding specialist in Valparaiso, IN earns a median $28,304/year (≈ $13.61/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Valparaiso's price level (9% below national, BEA RPP 91.3), that paycheck buys what $31,001 would nationally. Nominal pay sits 1.4% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Valparaiso, Indiana are projected to earn a median annual salary of $28,304, which is about 6.74% below the national median of $30,349 for this occupation. The local salary range indicates significant variability, with compensation starting at $20,721 for entry-level positions (P10) and reaching up to $42,483 for those at the higher end of the spectrum (P90). These figures are derived from state-level data and adjusted for the regional cost of living, which in Valparaiso, is notably below the national average. For those seeking to enter this field, understanding market dynamics is crucial, as the inpatient coding (CCS) specialists tend to command the highest salaries, followed by those involved in risk adjustment coding (HCC) and outpatient coding (CPC).
About the Valparaiso Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $20,721 | $9.97 |
| Lower Range (P25) | $24,024 | $11.55 |
| Median (P50)(typical) | $28,304 | $13.61 |
| Upper Range (P75) | $34,797 | $16.73 |
| Top Earners (P90) | $42,483 | $20.42 |
Median Salary Position
6.74% below the national average
2026 Salary Percentile Distribution in Valparaiso
In Valparaiso, IN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $21,762 (2026 est.). At $28,304, the local median is 6.74% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Valparaiso: You'd be in the lower-middle range
How Valparaiso Medical Billing and Coding Specialist Pay Compares
Valparaiso median: $28,304/year (2026)
| Compared To | Median Salary | Valparaiso Pays |
|---|---|---|
| Indiana Average | $28,706 | -1.40% less |
| National Average | $30,349 | -6.74% less |
Medical Billing and Coding Specialists in Valparaiso, IN earn a median of $28,304 per year (2026 est.), which is 6.74% lower than the national median of $30,349 and 1.40% below the Indiana state average of $28,706.
Cost-of-Living Adjusted Salary
Valparaiso 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.
Valparaiso, IN has a cost-of-living index of 91.3 (below the national average of 100). A medical billing and coding specialist earning $28,304 nominally has purchasing power equivalent to $31,001 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
$25,239
2025 BLS Actual
$27,662
2026 Current Est.
$28,304
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Valparaiso (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $25,239 | Actual |
| 2022 | $25,520 | Actual |
| 2023 | $26,385 | Actual |
| 2024 | $41,427 | Actual |
| 2025 | $27,662 | Actual |
| 2026(current) | $28,304 | Estimated |
| 2027 | $28,960 | Projected |
Based on 5 years of BLS OEWS data for the Valparaiso metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $25,239 (2021) to $27,662 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $28,960 by 2027 — a total increase of $3,721 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Valparaiso 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) | $20,721 – $24,024 |
| 3-5 years (Mid Career) | $24,024 – $28,304 |
| 5+ years (Experienced) | $28,304 – $34,797 |
| 10+ years (Top Earner) | $34,797 – $42,483 |
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 Valparaiso
The local job market for medical billing and coding specialists in Valparaiso is somewhat limited, with only 9 professionals currently employed in this field. Despite this small number, the cost of living index stands at 91.3, suggesting that take-home pay can stretch further compared to many other regions. As for compensation, physician group practice coding offices and hospital inpatient coding departments typically offer the highest pay rates. The salary differences in Valparaiso can be attributed to various factors, including specialty expertise, credential stacking (CPC combined with CCS or CRC), and the increasingly common remote work options that many third-party coding companies provide. For those looking to maximize their earnings, pursuing additional certifications and gaining experience in high-demand areas like risk adjustment coding will be advantageous, given the projected growth rate of 2.32% annually in this sector.
More salary data for Valparaiso, IN:
Frequently Asked Questions
How much do medical billing and coding specialists make in Valparaiso, IN in 2026?
Is Valparaiso, IN a good place to work as a medical billing and coding specialist?
Can medical billing and coding specialists make $100K in Valparaiso?
What is the cost-of-living adjusted medical billing and coding specialist salary in Valparaiso?
How much does a medical billing and coding specialist make per hour in Valparaiso?
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 $27,662 for medical billing and coding specialistsin the Valparaiso 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 Valparaiso 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