Medical Billing Salary

Medical Billing and Coding Specialist Salary in Florence, KY: $26,854 (2026)

Quick Answer:A full-time medical billing and coding specialist in Florence, KY earns a median $26,854/year (โ‰ˆ $12.91/hour) in nominal terms for 2026 โ€” projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Florence's price level (11% below national, BEA RPP 89.3), that paycheck buys what $30,072 would nationally. Nominal pay sits 0.9% below the Kentucky state average.

$26,854
Median Annual Salary
$12.91/hr
Median Hourly Rate
$19,979
Entry Level (P10)
$40,548
Top Earners (P90)

Based on BLS state-level estimates ยท View source

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

In 2026, the median annual salary for a medical billing and coding specialist in Florence, Kentucky is projected to be $26,854, reflecting a significant gap when compared to the national median of $30,349. This compensation aligns well within a broader salary range of $19,979 at the lowest decile to $40,548 at the highest. Local estimates derived from BLS state-level data and regional price adjustments highlight how market dynamics can drive these figures. While Florence offers opportunities in this field, particularly for specialties involving inpatient coding or risk adjustment, the overall compensation still falls short of the national benchmarks, illustrating the specific market conditions and the need for local professionals to enhance their skills and credentials.

About the Florence Market

Salary estimated from Kentucky average ($44,000) adjusted for local cost of living.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$19,979$9.61
Lower Range (P25)$22,945$11.03
Median (P50)(typical)$26,854$12.91
Upper Range (P75)$33,162$15.94
Top Earners (P90)$40,548$19.49

Median Salary Position

$19,979$40,548
City Median: $26,854
National: $30,349
P10โ€“P90 Range

11.52% below the national average

2026 Salary Percentile Distribution in Florence

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Florence. The median salary is $26,854, compared to the national median of $30,349.$18.0K$24.1K$30.3K$36.4K$42.6K$20.0K10th Pctl$22.9K25th Pctl$26.9KMedian$33.2K75th Pctl$40.5K90th PctlUS Median$30.3K

In Florence, KY, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $20,569 (2026 est.). At $26,854, the local median is 11.52% below 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 Florence metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$517
per week
$2,238
per month
$26,859
per year

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

How Florence Medical Billing and Coding Specialist Pay Compares

Florence median: $26,854/year (2026)

Compared ToMedian SalaryFlorence Pays
Kentucky Average$27,098-0.90% less
National Average$30,349-11.52% less
Horizontal bar chart comparing medical billing and coding specialist median salary in Florence ($26,854) with Kentucky average ($27,098) and the US national median ($30,349).Florence$26,854Kentucky Avg$27,098-0.90%US National$30,349-11.52%

Medical Billing and Coding Specialists in Florence, KY earn a median of $26,854 per year (2026 est.), which is 11.52% lower than the national median of $30,349 and 0.90% below the Kentucky state average of $27,098.

Cost-of-Living Adjusted Salary

$26,854
Nominal Salary
89.3
CoL Index
$30,072
Adjusted Salary

Florence has a cost of living 10.70% below the national average, meaning your salary goes further here.

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

The nominal salary is $26,854. After adjusting for a cost-of-living index of 89.3, the purchasing-power equivalent is $30,072, a gain of $3,218.$22.8K$25.8K$28.9K$31.9K$34.9K$26,854NominalSalary$30,072CoL Adjusted(CoL: 89.3)โ–ฒ 11.98%US Median $30.3K

Florence, KY has a cost-of-living index of 89.3 (below the national average of 100). A medical billing and coding specialist earning $26,854 nominally has purchasing power equivalent to $30,072 in an average-cost city โ€” an effective 11.98% boost.

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2021 BLS Actual

$23,946

2025 BLS Actual

$26,245

2026 Current Est.

$26,854

2021โ€“2027 Growth

+14.7%

Salary Trajectory for Medical Billing and Coding Specialists in Florence (2021โ€“2027)

2021โ€“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 Florence. Baseline $23,946 in 2025, projected to $27,477 by 2027.$20.9K$26.2K$31.4K$36.7K$41.9K20212022202320242025202620272025 BLS$23.9K$24.2K$25.0K$38.9K$26.2K$26.9K$27.5K
YearAnnual SalaryStatus
2021$23,946Actual
2022$24,213Actual
2023$25,034Actual
2024$38,935Actual
2025$26,245Actual
2026(current)$26,854Estimated
2027$27,477Projected

Based on 5 years of BLS OEWS data for the Florence metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $23,946 (2021) to $26,245 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $27,477 by 2027 โ€” a total increase of $3,531 (14.75%) from 2021.

Note: Historical values (2021โ€“2025) are actual BLS OEWS figures for the Florence metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026โ€“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)$19,979 โ€“ $22,945
3-5 years (Mid Career)$22,945 โ€“ $26,854
5+ years (Experienced)$26,854 โ€“ $33,162
10+ years (Top Earner)$33,162 โ€“ $40,548

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 Florence

With only seven medical billing and coding specialists employed in Florence, the market reflects a compact yet competitive environment. The cost-of-living index at 89.3 indicates that salaries might stretch further than in regions with higher living costs, offering a potentially better quality of life despite lower wages. Employers in Florence range from physician group practices to coder roles in hospital settings and work-from-home third-party companies, with inpatient coding often commanding higher pay. The disparity in earnings often stems from differences in coding specialties, where inpatient CCS positions tend to pay significantly more than outpatient roles. As risk adjustment coding grows, enhancing credentials through AAPC or AHIMA certifications could present further financial benefits. Those seeking to maximize their pay should consider pursuing additional certifications, seeking remote work opportunities, and positioning themselves in high-demand specialties to improve their earning potential in Florence, KY.

Frequently Asked Questions

How much do medical billing and coding specialists make in Florence, KY in 2026?

The estimated 2026 median medical billing and coding specialist salary in Florence is $26,854/year ($12.91/hour), based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). Salaries range from $19,979 at entry level (10th percentile) to $40,548 for experienced top earners (90th percentile). This puts Florence at 11.5% below 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 Florence, KY a good place to work as a medical billing and coding specialist?

Florence medical billing and coding specialist salaries are 11.5% below the national average and 0.9% below the Kentucky state average. The metro area employs approximately 7 medical billing and coding specialists. With a cost-of-living index of 89.3, 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 Florence?

The median medical billing and coding specialist salary in Florence is $26,854, and the 90th percentile earns $40,548. 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 Florence?

After adjusting for Florence's cost-of-living index of 89.3 (where 100 equals the national average), the $26,854 nominal salary has purchasing power equivalent to $30,072 in an average-cost city. This means your dollar goes 12.0% further in Florence 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 Florence?

Medical Billing and Coding Specialists in Florence earn a median hourly rate of $12.91, which translates to approximately $26,854/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $9.61 for entry-level positions to $19.49 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.

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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 $26,245 for medical billing and coding specialistsin the Florence 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 (P10โ€“P90) represent the full salary distribution across experience levels and practice settings in this market.

Data Sources & Methodology

Salary data for Florence is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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. ยท View source data at BLS.gov

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