Medical Billing and Coding Specialist Salary in Bloomington, MN: $36,043 (2026)
Quick Answer:A full-time medical billing and coding specialist in Bloomington, MN earns a median $36,043/year (≈ $17.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Bloomington's price level (1% below national, BEA RPP 98.5), that paycheck buys what $36,592 would nationally. Nominal pay sits 107.9% above the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Bloomington, Minnesota, can expect a median annual salary of $36,043, significantly higher than the 2026 national median of $30,349, representing a notable 18.76% increase. The salary range for these professionals spans from $26,592 at the 10th percentile to $55,867 for those at the 90th percentile. These projections, based on 2025 BLS data adjusted for regional price variances, reflect the competitive pay landscape in Bloomington, especially as healthcare continues its shift towards risk adjustment and HCC coding specialties. With a growing emphasis on outpatient coding and compliance, individuals in this field can leverage their expertise to negotiate better terms, particularly as the higher-end salaries tend to be associated with positions requiring specialized training and credentials.
About the Bloomington Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,592 | $12.78 |
| Lower Range (P25) | $30,006 | $14.43 |
| Median (P50)(typical) | $36,043 | $17.33 |
| Upper Range (P75) | $45,671 | $21.96 |
| Top Earners (P90) | $55,867 | $26.86 |
Median Salary Position
18.76% above the national average
2026 Salary Percentile Distribution in Bloomington
In Bloomington, MN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $29,275 (2026 est.). At $36,043, the local median is 18.76% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Bloomington: You'd be in the lower-middle range
How Bloomington Medical Billing and Coding Specialist Pay Compares
Bloomington median: $36,043/year (2026)
| Compared To | Median Salary | Bloomington Pays |
|---|---|---|
| Minnesota Average | $17,337 | +107.90% more |
| National Average | $30,349 | +18.76% more |
Medical Billing and Coding Specialists in Bloomington, MN earn a median of $36,043 per year (2026 est.), which is 18.76% higher than the national median of $30,349 and 107.90% above the Minnesota state average of $17,337.
Cost-of-Living Adjusted Salary
Bloomington has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Bloomington, MN has a cost-of-living index of 98.5 (below the national average of 100). A medical billing and coding specialist earning $36,043 nominally has purchasing power equivalent to $36,592 in an average-cost city — an effective 1.52% boost.
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2021 BLS Actual
$32,140
2025 BLS Actual
$35,226
2026 Current Est.
$36,043
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Bloomington (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $32,140 | Actual |
| 2022 | $32,498 | Actual |
| 2023 | $33,600 | Actual |
| 2024 | $51,725 | Actual |
| 2025 | $35,226 | Actual |
| 2026(current) | $36,043 | Estimated |
| 2027 | $36,879 | Projected |
Based on 5 years of BLS OEWS data for the Bloomington metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $32,140 (2021) to $35,226 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $36,879 by 2027 — a total increase of $4,739 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Bloomington 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) | $26,592 – $30,006 |
| 3-5 years (Mid Career) | $30,006 – $36,043 |
| 5+ years (Experienced) | $36,043 – $45,671 |
| 10+ years (Top Earner) | $45,671 – $55,867 |
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 Bloomington
The local job market for medical billing and coding specialists in Bloomington comprises around 18 professionals, indicating steady demand within the area. Given the cost of living index of 98.5, which is below the national average, the purchasing power for these salaries can be fairly robust. Employers that typically offer higher remuneration include hospital inpatient coding departments and physician group practices, reflecting the complexity and required expertise of the coding roles involved. Several factors influence salary ranges, such as specialization in inpatient coding (CCS), credential stacking (CPC, CCS, CRC), and the remote work shift that emerged post-2020. Maximizing compensation potential in Bloomington entails pursuing additional certifications, staying informed about coding updates, and considering roles in telecommuting positions, which often provide added flexibility and opportunities for advancement in this dynamic field.
More salary data for Bloomington, MN:
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 $35,226 for medical billing and coding specialistsin the Bloomington 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 Bloomington 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