Medical Billing and Coding Specialist Salary in Franklin, MA: $33,039 (2026)
Quick Answer:A full-time medical billing and coding specialist in Franklin, MA earns a median $33,039/year (≈ $15.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Franklin's price level (9% above national, BEA RPP 108.5), that paycheck buys what $30,451 would nationally. Nominal pay sits 4.7% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in Franklin, MA, is projected to reach a median annual figure of $33,039, surpassing the national median by 8.86%. With a salary range from $25,199 at the P10 level to $50,534 at the P90 level, local earnings remain competitive within the context of the evolving remote work standard that has expanded job market accessibility. These estimates derive from 2025 BLS state-level data and incorporate regional price adjustments, reflecting the nuances of Franklin's economic environment. As businesses continue adapting to remote operations, the opportunities for skilled coders in Franklin appear promising, especially as healthcare organizations increasingly rely on accurate coding for revenue cycle management.
About the Franklin Market
Salary estimated from Massachusetts average ($60,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $25,199 | $12.11 |
| Lower Range (P25) | $27,953 | $13.43 |
| Median (P50)(typical) | $33,039 | $15.88 |
| Upper Range (P75) | $41,293 | $19.85 |
| Top Earners (P90) | $50,534 | $24.29 |
Median Salary Position
8.86% above the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, MA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $25,335 (2026 est.). At $33,039, the local median is 8.86% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Franklin: You'd be in the lower-middle range
How Franklin Medical Billing and Coding Specialist Pay Compares
Franklin median: $33,039/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| Massachusetts Average | $34,669 | -4.70% less |
| National Average | $30,349 | +8.86% more |
Medical Billing and Coding Specialists in Franklin, MA earn a median of $33,039 per year (2026 est.), which is 8.86% higher than the national median of $30,349 and 4.70% below the Massachusetts state average of $34,669.
Cost-of-Living Adjusted Salary
Franklin has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Franklin, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $33,039 is competitive, the higher cost of living reduces purchasing power to an effective $30,451 — a 7.83% reduction.
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2021 BLS Actual
$29,461
2025 BLS Actual
$32,290
2026 Current Est.
$33,039
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Franklin (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $29,461 | Actual |
| 2022 | $29,790 | Actual |
| 2023 | $30,800 | Actual |
| 2024 | $62,068 | Actual |
| 2025 | $32,290 | Actual |
| 2026(current) | $33,039 | Estimated |
| 2027 | $33,806 | Projected |
Based on 5 years of BLS OEWS data for the Franklin metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $29,461 (2021) to $32,290 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,806 by 2027 — a total increase of $4,345 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Franklin 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) | $25,199 – $27,953 |
| 3-5 years (Mid Career) | $27,953 – $33,039 |
| 5+ years (Experienced) | $33,039 – $41,293 |
| 10+ years (Top Earner) | $41,293 – $50,534 |
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 Franklin
In terms of local job market dynamics, there are currently eight medical billing and coding specialists employed in Franklin. The cost-of-living index for the area sits at 108.5, indicating that while salaries are competitive, purchasing power is somewhat diminished compared to national averages. Employers such as physician group practice coding offices and third-party coding companies typically offer the most lucrative opportunities. Factors influencing the variation in pay include the level of coding specialization, such as inpatient CCS or risk adjustment CRC, along with credential stacking that combines multiple certifications like CPC and CCS. Additionally, productivity bonuses related to charts coded per hour, as well as the choice between remote versus in-office positions, also drive compensation disparities. For those looking to maximize their medical billing and coding specialist pay in Franklin, obtaining multiple credentials and staying updated with coding standards, especially in high-growth areas like risk adjustment, could significantly enhance earning potential.
More salary data for Franklin, MA:
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 $32,290 for medical billing and coding specialistsin the Franklin 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 Franklin 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