Medical Billing and Coding Specialist Salary in Towson, MD: $35,108 (2026)
Quick Answer:A full-time medical billing and coding specialist in Towson, MD earns a median $35,108/year (≈ $16.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Towson's price level (9% above national, BEA RPP 109.3), that paycheck buys what $32,121 would nationally. Nominal pay sits 82.5% above the Maryland state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in Towson, MD, is projected to reach a median annual figure of $35,108, which is notably higher than the national median of $30,349, reflecting a local market advantage of approximately 15.68%. Salary ranges for this occupation show considerable variation, from $26,716 at the 10th percentile to $54,418 at the 90th percentile, indicating significant potential for advancement depending on certification level and specialization. With the shift in coding practices favoring specialties such as inpatient CCS coding, which typically receives the highest compensation, professionals with the right credentials can benefit substantially in the Towson market. This data, derived from 2025 BLS estimates projected to 2026, provides a clear insight into the competitive landscape for medical billing and coding specialists in this area.
About the Towson Market
Salary estimated from Maryland average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,716 | $12.84 |
| Lower Range (P25) | $30,579 | $14.70 |
| Median (P50)(typical) | $35,108 | $16.88 |
| Upper Range (P75) | $44,938 | $21.60 |
| Top Earners (P90) | $54,418 | $26.16 |
Median Salary Position
15.68% above the national average
2026 Salary Percentile Distribution in Towson
In Towson, MD, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $27,702 (2026 est.). At $35,108, the local median is 15.68% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Towson: You'd be in the lower-middle range
How Towson Medical Billing and Coding Specialist Pay Compares
Towson median: $35,108/year (2026)
| Compared To | Median Salary | Towson Pays |
|---|---|---|
| Maryland Average | $19,237 | +82.50% more |
| National Average | $30,349 | +15.68% more |
Medical Billing and Coding Specialists in Towson, MD earn a median of $35,108 per year (2026 est.), which is 15.68% higher than the national median of $30,349 and 82.50% above the Maryland state average of $19,237.
Cost-of-Living Adjusted Salary
Towson has a cost of living 9.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Towson, MD has a cost-of-living index of 109.3 (above the national average of 100). While the nominal salary of $35,108 is competitive, the higher cost of living reduces purchasing power to an effective $32,121 — a 8.51% reduction.
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2021 BLS Actual
$31,306
2025 BLS Actual
$34,312
2026 Current Est.
$35,108
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Towson (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $31,306 | Actual |
| 2022 | $31,655 | Actual |
| 2023 | $32,729 | Actual |
| 2024 | $62,517 | Actual |
| 2025 | $34,312 | Actual |
| 2026(current) | $35,108 | Estimated |
| 2027 | $35,923 | Projected |
Based on 5 years of BLS OEWS data for the Towson metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $31,306 (2021) to $34,312 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,923 by 2027 — a total increase of $4,617 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Towson 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) | $26,716 – $30,579 |
| 3-5 years (Mid Career) | $30,579 – $35,108 |
| 5+ years (Experienced) | $35,108 – $44,938 |
| 10+ years (Top Earner) | $44,938 – $54,418 |
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 Towson
Looking deeper into the local job market, there are currently 11 medical billing and coding specialists employed in Towson, underscoring an environment that suggests modest growth opportunities amidst a tighter competition for high-paying roles. The cost-of-living index in Towson stands at 109.3, which indicates that living expenses are above the national average, emphasizing the importance of finding competitive salaries to maintain financial stability. Among the top employers, physician group practice coding offices and hospital inpatient coding departments are known to offer the most favorable pay; however, remote positions with third-party coding companies are increasingly popular as they provide flexibility and often include productivity bonuses. To maximize earnings, candidates should focus on acquiring multiple credentials—such as CPC, CCS, and CRC—and seek roles that emphasize compliance and audit specialties, which command higher salaries due to their complexity and demand in the current healthcare environment.
More salary data for Towson, MD:
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 $34,312 for medical billing and coding specialistsin the Towson 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 Towson 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