Medical Billing and Coding Specialist Salary in Winona, MN: $16,432 (2026)
Quick Answer:A full-time medical billing and coding specialist in Winona, MN earns a median $16,432/year (≈ $7.90/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Winona's price level (1% below national, BEA RPP 98.5), that paycheck buys what $16,682 would nationally. Nominal pay sits 5.2% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, the average salary for a medical billing and coding specialist in Winona, Minnesota is projected to be $16,432, significantly lower than the national median of $30,349. The salary range for this occupation spans from $12,373 at the 10th percentile to $24,984 at the 90th percentile, reflecting the diverse opportunities and earning potential in this field. These figures are derived from 2025 BLS data, adjusted for regional price levels, illustrating the local context of medical billing and coding specialist compensation. Credential stacking through certifications such as Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC) can enhance lifetime earnings, as each credential leverages additional skills and expertise that contribute to employability and compensation. This focus on ongoing education and adaptability is increasingly crucial in Winona’s competitive job market for medical billing and coding specialists.
About the Winona Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $12,373 | $5.94 |
| Lower Range (P25) | $14,149 | $6.80 |
| Median (P50)(typical) | $16,432 | $7.90 |
| Upper Range (P75) | $20,396 | $9.80 |
| Top Earners (P90) | $24,984 | $12.01 |
Median Salary Position
45.86% below the national average
2026 Salary Percentile Distribution in Winona
In Winona, MN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $12,611 (2026 est.). At $16,432, the local median is 45.86% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Winona: You'd be in the lower-middle range
How Winona Medical Billing and Coding Specialist Pay Compares
Winona median: $16,432/year (2026)
| Compared To | Median Salary | Winona Pays |
|---|---|---|
| Minnesota Average | $17,333 | -5.20% less |
| National Average | $30,349 | -45.86% less |
Medical Billing and Coding Specialists in Winona, MN earn a median of $16,432 per year (2026 est.), which is 45.86% lower than the national median of $30,349 and 5.20% below the Minnesota state average of $17,333.
Cost-of-Living Adjusted Salary
Winona 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.
Winona, MN has a cost-of-living index of 98.5 (below the national average of 100). A medical billing and coding specialist earning $16,432 nominally has purchasing power equivalent to $16,682 in an average-cost city — an effective 1.52% boost.
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2021 BLS Actual
$14,652
2025 BLS Actual
$16,059
2026 Current Est.
$16,432
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Winona (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $14,652 | Actual |
| 2022 | $14,815 | Actual |
| 2023 | $15,318 | Actual |
| 2024 | $50,408 | Actual |
| 2025 | $16,059 | Actual |
| 2026(current) | $16,432 | Estimated |
| 2027 | $16,813 | Projected |
Based on 5 years of BLS OEWS data for the Winona metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $14,652 (2021) to $16,059 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $16,813 by 2027 — a total increase of $2,161 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Winona 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) | $12,373 – $14,149 |
| 3-5 years (Mid Career) | $14,149 – $16,432 |
| 5+ years (Experienced) | $16,432 – $20,396 |
| 10+ years (Top Earner) | $20,396 – $24,984 |
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 Winona
An analysis of the local job market reveals that only four medical billing and coding specialists are currently employed in Winona, indicating a niche yet potentially stable environment for this profession. With a cost-of-living index of 98.5, the purchasing power for residents is slightly below the national average, which may affect overall compensation expectations. Among local employers, physician group practice coding offices and hospital inpatient coding departments tend to pay the most, with additional opportunities in remote roles and consulting firms likely offering better compensation in a flexible work environment. Factors contributing to the salary disparities in Winona include the specialization of coding roles, such as inpatient coding with CCS credentials commanding higher rates versus outpatient coding. Maximizing pay in this specific market involves pursuing multiple certifications, maintaining productivity through accurate coding practices, and seeking out employers who offer performance bonuses or remote work options, especially in high-demand areas like risk adjustment and HCC coding.
More salary data for Winona, 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 $16,059 for medical billing and coding specialistsin the Winona 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 Winona 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