Medical Billing and Coding Specialist Salary in St. Louis Park, MN: $16,699 (2026)
Quick Answer:A full-time medical billing and coding specialist in St. Louis Park, MN earns a median $16,699/year (≈ $8.03/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in St. Louis Park's price level (1% below national, BEA RPP 98.5), that paycheck buys what $16,953 would nationally. Nominal pay sits 3.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, the projected annual earnings for medical billing and coding specialists in St. Louis Park stand at $16,699, highlighting a significant discrepancy when compared to the national median salary of $30,349. The salary range for this profession locally varies from $12,510 at the lower end to $25,883 for those at the high end of the scale. This data, derived from 2025 BLS OEWS data projected to 2026, reflects local market conditions and adjustments for regional cost of living. While the salary figures may appear modest, they are shaped by the expanded job market created by the remote work standard, allowing for a broader competition landscape in this profession.
About the St. Louis Park Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $12,510 | $6.02 |
| Lower Range (P25) | $14,332 | $6.89 |
| Median (P50)(typical) | $16,699 | $8.03 |
| Upper Range (P75) | $21,042 | $10.12 |
| Top Earners (P90) | $25,883 | $12.44 |
Median Salary Position
44.98% below the national average
2026 Salary Percentile Distribution in St. Louis Park
In St. Louis Park, MN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $13,373 (2026 est.). At $16,699, the local median is 44.98% below the national median of $30,349.
Salary Calculator
At 40 hours/week in St. Louis Park: You'd be in the lower-middle range
How St. Louis Park Medical Billing and Coding Specialist Pay Compares
St. Louis Park median: $16,699/year (2026)
| Compared To | Median Salary | St. Louis Park Pays |
|---|---|---|
| Minnesota Average | $17,340 | -3.70% less |
| National Average | $30,349 | -44.98% less |
Medical Billing and Coding Specialists in St. Louis Park, MN earn a median of $16,699 per year (2026 est.), which is 44.98% lower than the national median of $30,349 and 3.70% below the Minnesota state average of $17,340.
Cost-of-Living Adjusted Salary
St. Louis Park 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.
St. Louis Park, MN has a cost-of-living index of 98.5 (below the national average of 100). A medical billing and coding specialist earning $16,699 nominally has purchasing power equivalent to $16,953 in an average-cost city — an effective 1.52% boost.
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2021 BLS Actual
$14,890
2025 BLS Actual
$16,320
2026 Current Est.
$16,699
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in St. Louis Park (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $14,890 | Actual |
| 2022 | $15,056 | Actual |
| 2023 | $15,567 | Actual |
| 2024 | $51,229 | Actual |
| 2025 | $16,320 | Actual |
| 2026(current) | $16,699 | Estimated |
| 2027 | $17,086 | Projected |
Based on 5 years of BLS OEWS data for the St. Louis Park metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $14,890 (2021) to $16,320 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $17,086 by 2027 — a total increase of $2,196 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the St. Louis Park 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) | $12,510 – $14,332 |
| 3-5 years (Mid Career) | $14,332 – $16,699 |
| 5+ years (Experienced) | $16,699 – $21,042 |
| 10+ years (Top Earner) | $21,042 – $25,883 |
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 St. Louis Park
The job market in St. Louis Park features nine employed medical billing and coding specialists, which indicates a relatively niche field within the local economy. With a cost of living index at 98.5, professionals may find that their take-home pay stretches further than in areas with higher living costs. Employers that tend to offer the best compensation include physician group practices and hospital coding departments, though many remote positions through third-party coding companies also provide competitive pay. The salary breadth can be attributed to various factors such as specialization in inpatient coding, credential stacking with certifications like CPC and CCS, and the associated financial benefits from productivity bonuses. To maximize earnings in this particular market, specialists should consider obtaining multiple credentials and focusing on high-demand areas like risk adjustment coding, which continue to grow, especially within Medicare Advantage and ACA frameworks.
More salary data for St. Louis Park, 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 $16,320 for medical billing and coding specialistsin the St. Louis Park 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 St. Louis Park 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