Medical Billing and Coding Specialist Salary in New Iberia, LA: $24,343 (2026)
Quick Answer:A full-time medical billing and coding specialist in New Iberia, LA earns a median $24,343/year (≈ $11.71/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in New Iberia's price level (10% below national, BEA RPP 90.3), that paycheck buys what $26,958 would nationally. Nominal pay sits 5.3% below the Louisiana state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in New Iberia, LA, is projected to be $24,343 annually, which reflects a significant difference from the national median of $30,349. The salary range for this occupation spans from $18,313 at the 10th percentile to $36,995 at the 90th percentile. Local estimates based on 2025 BLS data indicate that while entry-level positions pay around the lower end, specialized roles, especially in inpatient coding (CCS) or risk adjustment (CRC), command higher salaries. This variance is crucial for job seekers in New Iberia as they consider the growing demand for adept professionals in a market shifting increasingly toward remote work and pursuing continual learning in coding standards such as ICD-10-CM and quarterly CPT updates.
About the New Iberia Market
Salary estimated from Louisiana average ($42,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $18,313 | $8.80 |
| Lower Range (P25) | $20,949 | $10.07 |
| Median (P50)(typical) | $24,343 | $11.71 |
| Upper Range (P75) | $30,731 | $14.78 |
| Top Earners (P90) | $36,995 | $17.78 |
Median Salary Position
19.79% below the national average
2026 Salary Percentile Distribution in New Iberia
In New Iberia, LA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $18,682 (2026 est.). At $24,343, the local median is 19.79% below the national median of $30,349.
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At 40 hours/week in New Iberia: You'd be in the lower-middle range
How New Iberia Medical Billing and Coding Specialist Pay Compares
New Iberia median: $24,343/year (2026)
| Compared To | Median Salary | New Iberia Pays |
|---|---|---|
| Louisiana Average | $25,705 | -5.30% less |
| National Average | $30,349 | -19.79% less |
Medical Billing and Coding Specialists in New Iberia, LA earn a median of $24,343 per year (2026 est.), which is 19.79% lower than the national median of $30,349 and 5.30% below the Louisiana state average of $25,705.
Cost-of-Living Adjusted Salary
New Iberia has a cost of living 9.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
New Iberia, LA has a cost-of-living index of 90.3 (below the national average of 100). A medical billing and coding specialist earning $24,343 nominally has purchasing power equivalent to $26,958 in an average-cost city — an effective 10.74% boost.
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2021 BLS Actual
$21,707
2025 BLS Actual
$23,791
2026 Current Est.
$24,343
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in New Iberia (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $21,707 | Actual |
| 2022 | $21,949 | Actual |
| 2023 | $22,693 | Actual |
| 2024 | $35,927 | Actual |
| 2025 | $23,791 | Actual |
| 2026(current) | $24,343 | Estimated |
| 2027 | $24,908 | Projected |
Based on 5 years of BLS OEWS data for the New Iberia metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $21,707 (2021) to $23,791 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $24,908 by 2027 — a total increase of $3,201 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the New Iberia 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) | $18,313 – $20,949 |
| 3-5 years (Mid Career) | $20,949 – $24,343 |
| 5+ years (Experienced) | $24,343 – $30,731 |
| 10+ years (Top Earner) | $30,731 – $36,995 |
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 New Iberia
The medical billing and coding job market in New Iberia currently employs seven specialists, reflecting a small yet stable pool of professionals within the community. With a cost of living index of 90.3, the take-home purchasing power is enhanced, making the local compensation moderately appealing despite being lower than the national average. Employers that typically offer higher pay include hospital inpatient coding departments and third-party coding companies, particularly those that provide remote work opportunities. The spread in compensation can also hinge on factors such as credential stacking—holding multiple certifications like the CPC, CCS, and CRC—which can create pathways to higher earnings. To maximize pay in this area, specialists should focus on acquiring additional certifications, ensure proficiency in the latest coding updates, and leverage potential productivity bonuses tied to coding efficiency. Understanding these nuances can significantly impact how much medical billing and coding specialists make in New Iberia.
More salary data for New Iberia, LA:
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 $23,791 for medical billing and coding specialistsin the New Iberia 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 New Iberia 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