Medical Billing and Coding Specialist Salary in Waltham, MA: $33,721 (2026)
Quick Answer:A full-time medical billing and coding specialist in Waltham, MA earns a median $33,721/year (≈ $16.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Waltham's price level (9% above national, BEA RPP 108.5), that paycheck buys what $31,079 would nationally. Nominal pay sits 2.7% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in Waltham is projected to reach a median annual income of $33,721, reflecting an increase in pay that outpaces the national median of $30,349 by 11.11%. Professionals in this field can expect salaries ranging from $24,948 at the lower end (P10) to $52,267 at the higher end (P90). These estimates are derived from 2025 BLS OEWS data, adjusted for regional cost variations, which indicate a cost-of-living index of 108.5 in Waltham. The expansion of remote work options has broadened the geographic landscape for these roles, allowing specialists to tap into a wider employment market while residing in this vibrant city.
About the Waltham Market
Salary estimated from Massachusetts average ($60,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $24,948 | $11.99 |
| Lower Range (P25) | $28,837 | $13.86 |
| Median (P50)(typical) | $33,721 | $16.21 |
| Upper Range (P75) | $43,163 | $20.75 |
| Top Earners (P90) | $52,267 | $25.13 |
Median Salary Position
11.11% above the national average
2026 Salary Percentile Distribution in Waltham
In Waltham, MA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $27,319 (2026 est.). At $33,721, the local median is 11.11% above the national median of $30,349.
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At 40 hours/week in Waltham: You'd be in the lower-middle range
How Waltham Medical Billing and Coding Specialist Pay Compares
Waltham median: $33,721/year (2026)
| Compared To | Median Salary | Waltham Pays |
|---|---|---|
| Massachusetts Average | $34,656 | -2.70% less |
| National Average | $30,349 | +11.11% more |
Medical Billing and Coding Specialists in Waltham, MA earn a median of $33,721 per year (2026 est.), which is 11.11% higher than the national median of $30,349 and 2.70% below the Massachusetts state average of $34,656.
Cost-of-Living Adjusted Salary
Waltham has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Waltham, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $33,721 is competitive, the higher cost of living reduces purchasing power to an effective $31,079 — a 7.83% reduction.
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2021 BLS Actual
$30,069
2025 BLS Actual
$32,956
2026 Current Est.
$33,721
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Waltham (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $30,069 | Actual |
| 2022 | $30,404 | Actual |
| 2023 | $31,435 | Actual |
| 2024 | $63,348 | Actual |
| 2025 | $32,956 | Actual |
| 2026(current) | $33,721 | Estimated |
| 2027 | $34,503 | Projected |
Based on 5 years of BLS OEWS data for the Waltham metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $30,069 (2021) to $32,956 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $34,503 by 2027 — a total increase of $4,434 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Waltham 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) | $24,948 – $28,837 |
| 3-5 years (Mid Career) | $28,837 – $33,721 |
| 5+ years (Experienced) | $33,721 – $43,163 |
| 10+ years (Top Earner) | $43,163 – $52,267 |
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 Waltham
The job market for medical billing and coding specialists in Waltham reflects local employment stability, with 11 professionals currently in the field. However, the cost of living, higher than the national average, necessitates mindful compensation considerations for residents. Among potential employers, physician group practice coding offices and consulting firms tend to offer the most competitive wages, while third-party coding companies may provide flexibility through remote positions. A salary spread exists, driven by factors such as coding specialty—where inpatient CCS professionals often command higher pay compared to outpatient specialists—and credential stacking that includes CPC, CCS, and CRC certifications. To maximize earning potential, specialists should focus on developing expertise in high-demand areas such as risk adjustment and audit compliance, along with pursuing additional certifications from recognized bodies like AAPC and AHIMA. Regularly updating coding skills in tandem with industry standards like ICD-10-CM and CPT will be crucial for maintaining a competitive edge in Waltham's evolving market.
More salary data for Waltham, 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 $32,956 for medical billing and coding specialistsin the Waltham 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 Waltham 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