Medical Billing and Coding Specialist Salary in Hannibal, MO: $27,332 (2026)
Quick Answer:A full-time medical billing and coding specialist in Hannibal, MO earns a median $27,332/year (≈ $13.14/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Hannibal's price level (10% below national, BEA RPP 89.6), that paycheck buys what $30,504 would nationally. Nominal pay sits 7.7% below the Missouri state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Hannibal, MO, earn a median annual salary of $27,332, which is approximately 9.94% lower than the national median of $30,349 for the same year. The salary for these positions ranges from $21,452 at the 10th percentile to $40,446 at the 90th percentile, reflecting a diverse landscape of pay based on factors such as specialty and experience. Local estimates derived from 2025 BLS data and regional price adjustments indicate that those specializing in inpatient coding as Certified Coding Specialists (CCS) can expect higher compensation compared to their outpatient counterparts, such as Certified Professional Coders (CPC) or those working in risk adjustment (CRC). As the job market in Hannibal consists of only four medical billing and coding specialists, the available roles often cater to individuals with specific credentials and skill sets.
About the Hannibal Market
Salary estimated from Missouri average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,452 | $10.31 |
| Lower Range (P25) | $24,065 | $11.57 |
| Median (P50)(typical) | $27,332 | $13.14 |
| Upper Range (P75) | $33,587 | $16.15 |
| Top Earners (P90) | $40,446 | $19.44 |
Median Salary Position
9.94% below the national average
2026 Salary Percentile Distribution in Hannibal
In Hannibal, MO, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $18,994 (2026 est.). At $27,332, the local median is 9.94% below the national median of $30,349.
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At 40 hours/week in Hannibal: You'd be in the lower-middle range
How Hannibal Medical Billing and Coding Specialist Pay Compares
Hannibal median: $27,332/year (2026)
| Compared To | Median Salary | Hannibal Pays |
|---|---|---|
| Missouri Average | $29,612 | -7.70% less |
| National Average | $30,349 | -9.94% less |
Medical Billing and Coding Specialists in Hannibal, MO earn a median of $27,332 per year (2026 est.), which is 9.94% lower than the national median of $30,349 and 7.70% below the Missouri state average of $29,612.
Cost-of-Living Adjusted Salary
Hannibal has a cost of living 10.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hannibal, MO has a cost-of-living index of 89.6 (below the national average of 100). A medical billing and coding specialist earning $27,332 nominally has purchasing power equivalent to $30,504 in an average-cost city — an effective 11.61% boost.
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2021 BLS Actual
$24,372
2025 BLS Actual
$26,712
2026 Current Est.
$27,332
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Hannibal (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $24,372 | Actual |
| 2022 | $24,644 | Actual |
| 2023 | $25,479 | Actual |
| 2024 | $38,032 | Actual |
| 2025 | $26,712 | Actual |
| 2026(current) | $27,332 | Estimated |
| 2027 | $27,966 | Projected |
Based on 5 years of BLS OEWS data for the Hannibal metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $24,372 (2021) to $26,712 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $27,966 by 2027 — a total increase of $3,594 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Hannibal 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) | $21,452 – $24,065 |
| 3-5 years (Mid Career) | $24,065 – $27,332 |
| 5+ years (Experienced) | $27,332 – $33,587 |
| 10+ years (Top Earner) | $33,587 – $40,446 |
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 Hannibal
Given the cost of living index of 89.6 in Hannibal, take-home pay presents a different reality for those in the medical billing and coding field. With fewer than five professionals employed locally, competition can be stiff, yet there are opportunities for those looking to maximize their earnings, particularly with nursing facilities and hospital inpatient coding departments often paying the most among local employers. The significant spread between lower and higher pay rates can largely be attributed to various factors, including specialty qualifications, such as CCS and CRC credentials, and the existence of productivity bonuses. As remote work configurations continue to thrive, professionals should consider enhancing their qualifications through continued education and seeking out specialty certifications, which can boost marketability and, consequently, salary potential in Hannibal's manageable yet growing medical coding environment.
More salary data for Hannibal, MO:
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 $26,712 for medical billing and coding specialistsin the Hannibal 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 Hannibal 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