Medical Billing and Coding Specialist Salary in Hobbs, NM: $16,157 (2026)
Quick Answer:A full-time medical billing and coding specialist in Hobbs, NM earns a median $16,157/year (β $7.77/hour) in nominal terms for 2026 β projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Hobbs's price level (6% below national, BEA RPP 94.4), that paycheck buys what $17,115 would nationally. Nominal pay sits 2.8% below the New Mexico state average.
Based on BLS state-level estimates Β· View source

In 2026, the projected annual earnings for medical billing and coding specialists in Hobbs, New Mexico, stand at $16,157. This figure clearly illustrates the significant disparity when compared to the national median of $30,349, highlighting the regional economic factors at play. Salaries in Hobbs range from $11,511 at the lower end (P10) to approximately $25,044 for those at the higher end of the spectrum (P90). These numbers, derived from 2025 BLS OEWS data, project local compensation while considering cost-of-living adjustments specific to the area. Given the rising remote work trend in the medical coding field, Job seekers in Hobbs should be aware of these local salary benchmarks as they explore various employment opportunities.
About the Hobbs Market
Salary estimated from New Mexico average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $11,511 | $5.54 |
| Lower Range (P25) | $14,414 | $6.93 |
| Median (P50)(typical) | $16,157 | $7.77 |
| Upper Range (P75) | $20,542 | $9.87 |
| Top Earners (P90) | $25,044 | $12.04 |
Median Salary Position
46.76% below the national average
2026 Salary Percentile Distribution in Hobbs
In Hobbs, NM, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $13,533 (2026 est.). At $16,157, the local median is 46.76% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Hobbs: You'd be in the lower-middle range
How Hobbs Medical Billing and Coding Specialist Pay Compares
Hobbs median: $16,157/year (2026)
| Compared To | Median Salary | Hobbs Pays |
|---|---|---|
| New Mexico Average | $16,623 | -2.80% less |
| National Average | $30,349 | -46.76% less |
Medical Billing and Coding Specialists in Hobbs, NM earn a median of $16,157 per year (2026 est.), which is 46.76% lower than the national median of $30,349 and 2.80% below the New Mexico state average of $16,623.
Cost-of-Living Adjusted Salary
Hobbs has a cost of living 5.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal Γ (100 / CoL index). CoL index: 100 = national average.
Hobbs, NM has a cost-of-living index of 94.4 (below the national average of 100). A medical billing and coding specialist earning $16,157 nominally has purchasing power equivalent to $17,115 in an average-cost city β an effective 5.93% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2021 BLS Actual
$14,408
2025 BLS Actual
$15,791
2026 Current Est.
$16,157
2021β2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Hobbs (2021β2027)
2021β2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $14,408 | Actual |
| 2022 | $14,568 | Actual |
| 2023 | $15,062 | Actual |
| 2024 | $42,224 | Actual |
| 2025 | $15,791 | Actual |
| 2026(current) | $16,157 | Estimated |
| 2027 | $16,532 | Projected |
Based on 5 years of BLS OEWS data for the Hobbs metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $14,408 (2021) to $15,791 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $16,532 by 2027 β a total increase of $2,124 (14.74%) from 2021.
Note: Historical values (2021β2025) are actual BLS OEWS figures for the Hobbs metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026β2026 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) | $11,511 β $14,414 |
| 3-5 years (Mid Career) | $14,414 β $16,157 |
| 5+ years (Experienced) | $16,157 β $20,542 |
| 10+ years (Top Earner) | $20,542 β $25,044 |
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 Hobbs
In Hobbs, where only nine medical billing and coding specialists are currently employed, the local job market indicates limited competition. However, the cost of living index sits at 94.4, suggesting that take-home pay can stretch further in this region compared to more expensive areas. Employers offering higher pay often include physician group practices, hospitals with inpatient coding departments, and third-party coding companies that accommodate remote work. The variation in earnings often relates to the types of coding specialties, with inpatient CCS roles typically commanding higher rates than outpatient coding positions. Additionally, credential stacking can significantly enhance earning potential, as possessing certifications from recognized bodies such as AAPC or AHIMA can provide leverage. To maximize pay in the Hobbs NM market, it's advisable to remain current with coding updates, pursue additional certifications, and consider in-demand specializations like risk adjustment or healthcare compliance that enhance oneβs value in an evolving field.
More salary data for Hobbs, NM:
Frequently Asked Questions
How much do medical billing and coding specialists make in Hobbs, NM in 2026?
Is Hobbs, NM a good place to work as a medical billing and coding specialist?
Can medical billing and coding specialists make $100K in Hobbs?
What is the cost-of-living adjusted medical billing and coding specialist salary in Hobbs?
How much does a medical billing and coding specialist make per hour in Hobbs?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Mexico
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 $15,791 for medical billing and coding specialistsin the Hobbs 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 (P10βP90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Hobbs 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. Β· View source data at BLS.gov