Medical Billing Salary

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‰ˆ $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.

$16,157
Median Annual Salary
$7.77/hr
Median Hourly Rate
$11,511
Entry Level (P10)
$25,044
Top Earners (P90)

Based on BLS state-level estimates Β· View source

Medical Billing and Coding Specialist Salary in Hobbs, NM β€” 2026 est., based on 2025 BLS
Hobbs, NM medical billing and coding specialist salary overview (2026 est., based on 2025 BLS)

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

PercentileAnnualHourly
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

$11,511$30,349
City Median: $16,157
National: $30,349
P10–P90 Range

46.76% below the national average

2026 Salary Percentile Distribution in Hobbs

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Hobbs. The median salary is $16,157, compared to the national median of $30,349.$10.4K$15.7K$21.1K$26.5K$31.9K$11.5K10th Pctl$14.4K25th Pctl$16.2KMedian$20.5K75th Pctl$25.0K90th PctlUS Median$30.3K

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.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of medical billing and coding specialist pay in the Hobbs metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$311
per week
$1,346
per month
$16,153
per year

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 ToMedian SalaryHobbs Pays
New Mexico Average$16,623-2.80% less
National Average$30,349-46.76% less
Horizontal bar chart comparing medical billing and coding specialist median salary in Hobbs ($16,157) with New Mexico average ($16,623) and the US national median ($30,349).Hobbs$16,157New Mexico Avg$16,623-2.80%US National$30,349-46.76%

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

$16,157
Nominal Salary
94.4
CoL Index
$17,115
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.

The nominal salary is $16,157. After adjusting for a cost-of-living index of 94.4, the purchasing-power equivalent is $17,115, a gain of $958.$13.7K$19.0K$24.3K$29.6K$34.9K$16,157NominalSalary$17,115CoL Adjusted(CoL: 94.4)β–² 5.93%US Median $30.3K

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

2021–2027 Growth

+14.7%

Salary Trajectory for Medical Billing and Coding Specialists in Hobbs (2021–2027)

2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.

BLS Actual Estimated Projected
Salary trajectory chart for medical billing and coding specialists in Hobbs. Baseline $14,408 in 2025, projected to $16,532 by 2027.$8.8K$18.6K$28.3K$38.1K$47.8K20212022202320242025202620272025 BLS$14.4K$14.6K$15.1K$42.2K$15.8K$16.2K$16.5K
YearAnnual SalaryStatus
2021$14,408Actual
2022$14,568Actual
2023$15,062Actual
2024$42,224Actual
2025$15,791Actual
2026(current)$16,157Estimated
2027$16,532Projected

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 (2021–2025) are actual BLS OEWS figures for the Hobbs 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

ExperienceEstimated Salary Range
0-2 years (New Graduate)$11,511 – $14,414
3-5 years (Mid Career)$14,414 – $16,157
5+ years (Experienced)$16,157 – $20,542
10+ years (Top Earner)$20,542 – $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 one’s value in an evolving field.

Frequently Asked Questions

How much do medical billing and coding specialists make in Hobbs, NM in 2026?

The estimated 2026 median medical billing and coding specialist salary in Hobbs is $16,157/year ($7.77/hour), based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). Salaries range from $11,511 at entry level (10th percentile) to $25,044 for experienced top earners (90th percentile). This puts Hobbs at 46.8% below the national median. Full-time medical billing and coding specialists typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Hobbs, NM a good place to work as a medical billing and coding specialist?

Hobbs medical billing and coding specialist salaries are 46.8% below the national average and 2.8% below the New Mexico state average. The metro area employs approximately 9 medical billing and coding specialists. With a cost-of-living index of 94.4, your salary stretches further here than in higher-cost metros. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can medical billing and coding specialists make $100K in Hobbs?

The median medical billing and coding specialist salary in Hobbs is $16,157, and the 90th percentile earns $25,044. Reaching $100K in this market typically requires a combination of advanced certifications, working at multiple practices, or transitioning into education or consulting roles.

What is the cost-of-living adjusted medical billing and coding specialist salary in Hobbs?

After adjusting for Hobbs's cost-of-living index of 94.4 (where 100 equals the national average), the $16,157 nominal salary has purchasing power equivalent to $17,115 in an average-cost city. This means your dollar goes 5.9% further in Hobbs compared to the national average, making it an attractive location for medical billing and coding specialists seeking strong real wages.

How much does a medical billing and coding specialist make per hour in Hobbs?

Medical Billing and Coding Specialists in Hobbs earn a median hourly rate of $7.77, which translates to approximately $16,157/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $5.54 for entry-level positions to $12.04 for the most experienced practitioners. Part-time and per diem medical billing and coding specialists sometimes command premium hourly rates because practices need flexible scheduling coverage.

Related Pages

Nearby Cities in New Mexico

AP

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.

Clinically reviewed by Liam Johnson, RHITData verified by Sofia Nguyen, CCS

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 (P10–P90) 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).

View estimation methodology

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

Last verified: