Medical Billing and Coding Specialist Salary in Madison, MS: $14,879 (2026)
Quick Answer:A full-time medical billing and coding specialist in Madison, MS earns a median $14,879/year (≈ $7.15/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Madison's price level (14% below national, BEA RPP 85.7), that paycheck buys what $17,362 would nationally. Nominal pay sits 1.4% below the Mississippi state average.
Based on BLS state-level estimates · View source
In Madison, Mississippi, medical billing and coding specialists can expect a median annual salary of $14,879 in 2026, significantly lower than the national median of $30,349. The local salary range varies from $10,506 at the 10th percentile to $22,331 at the 90th percentile, showcasing a broad spectrum of earning potential. These figures are based on 2025 BLS data, projected to 2026, reflecting regional cost adjustments. As specialists consider their options, those focusing on inpatient coding, particularly with CCS credentials, are likely to earn the highest compensation, underscoring the specialized skills in demand within the local job market.
About the Madison Market
Salary estimated from Mississippi average ($38,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $10,506 | $5.05 |
| Lower Range (P25) | $13,203 | $6.34 |
| Median (P50)(typical) | $14,879 | $7.15 |
| Upper Range (P75) | $18,292 | $8.79 |
| Top Earners (P90) | $22,331 | $10.73 |
Median Salary Position
50.97% below the national average
2026 Salary Percentile Distribution in Madison
In Madison, MS, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $11,825 (2026 est.). At $14,879, the local median is 50.97% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Madison: You'd be in the lower-middle range
How Madison Medical Billing and Coding Specialist Pay Compares
Madison median: $14,879/year (2026)
| Compared To | Median Salary | Madison Pays |
|---|---|---|
| Mississippi Average | $15,091 | -1.40% less |
| National Average | $30,349 | -50.97% less |
Medical Billing and Coding Specialists in Madison, MS earn a median of $14,879 per year (2026 est.), which is 50.97% lower than the national median of $30,349 and 1.40% below the Mississippi state average of $15,091.
Cost-of-Living Adjusted Salary
Madison has a cost of living 14.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Madison, MS has a cost-of-living index of 85.7 (below the national average of 100). A medical billing and coding specialist earning $14,879 nominally has purchasing power equivalent to $17,362 in an average-cost city — an effective 16.69% boost.
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2021 BLS Actual
$13,268
2025 BLS Actual
$14,542
2026 Current Est.
$14,879
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Madison (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $13,268 | Actual |
| 2022 | $13,416 | Actual |
| 2023 | $13,871 | Actual |
| 2024 | $32,121 | Actual |
| 2025 | $14,542 | Actual |
| 2026(current) | $14,879 | Estimated |
| 2027 | $15,225 | Projected |
Based on 5 years of BLS OEWS data for the Madison metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $13,268 (2021) to $14,542 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $15,225 by 2027 — a total increase of $1,957 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Madison 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) | $10,506 – $13,203 |
| 3-5 years (Mid Career) | $13,203 – $14,879 |
| 5+ years (Experienced) | $14,879 – $18,292 |
| 10+ years (Top Earner) | $18,292 – $22,331 |
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 Madison
The job market for medical billing and coding professionals in Madison is somewhat limited, with just five specialists employed in the area. The cost of living index in Madison is 85.7, making it crucial for coders to understand how this affects their purchasing power. Among employers, physician group practices and hospital inpatient coding departments tend to offer higher salaries than third-party coding companies, which often allow for remote work, an increasingly popular option post-2020. Factors influencing pay disparities include specialization areas; inpatient CCS-certified coders frequently earn more than those in outpatient coding or risk adjustment. Coders looking to maximize their compensation should consider obtaining multiple credentials such as CPC, CCS, and CRC, especially in high-demand areas like HCC coding, to enhance their marketability and negotiate better pay.
More salary data for Madison, MS:
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 $14,542 for medical billing and coding specialistsin the Madison 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 Madison 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