Medical Billing and Coding Specialist Salary in Albany, NY: $33,151 (2026)
Quick Answer:A full-time medical billing and coding specialist in Albany, NY earns a median $33,151/year (≈ $15.94/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Albany's price level (0% above national, BEA RPP 99.6), that paycheck buys what $33,296 would nationally. Nominal pay sits 8.3% above the New York state average.
Official BLS data · View source
With the shift toward remote work, the compensation landscape for medical billing and coding specialists in Albany, NY, has broadened. In 2026, those professionals can expect a median salary of $33,151, slightly above the national average of $30,349. The salary ranges significantly, from $23,916 at the lower 10th percentile to $45,892 at the top 90th percentile. This data comes from 2025 BLS OEWS surveys, projecting into the upcoming year, and it reflects the evolving economic environment in which these specialists operate. As Albany's healthcare industry continues adapting to new coding standards, including ICD-10-CM and CPT updates, there are growing opportunities for coders, particularly in high-demand areas like risk adjustment coding.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $23,916 | $11.50 |
| Lower Range (P25) | $28,290 | $13.60 |
| Median (P50)(typical) | $33,151 | $15.94 |
| Upper Range (P75) | $37,856 | $18.20 |
| Top Earners (P90) | $45,892 | $22.06 |
Median Salary Position
9.23% above the national average
2026 Salary Percentile Distribution in Albany
In Albany, NY, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $21,976 (2026 est.). At $33,151, the local median is 9.23% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Albany: You'd be in the lower-middle range
How Albany Medical Billing and Coding Specialist Pay Compares
Albany median: $33,151/year (2026)
| Compared To | Median Salary | Albany Pays |
|---|---|---|
| New York Average | $30,610 | +8.30% more |
| National Average | $30,349 | +9.23% more |
Medical Billing and Coding Specialists in Albany, NY earn a median of $33,151 per year (2026 est.), which is 9.23% higher than the national median of $30,349 and 8.30% above the New York state average of $30,610.
Cost-of-Living Adjusted Salary
Albany has a cost of living 0.43% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Albany, NY has a cost-of-living index of 99.566 (below the national average of 100). A medical billing and coding specialist earning $33,151 nominally has purchasing power equivalent to $33,296 in an average-cost city — an effective 0.44% boost.
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2021 BLS Actual
$47,270
2025 BLS Actual
$32,399
2026 Current Est.
$33,151
2021–2027 Growth
+-28.2%
Salary Trajectory for Medical Billing and Coding Specialists in Albany (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $47,270 | Actual |
| 2022 | $47,610 | Actual |
| 2023 | $52,190 | Actual |
| 2024 | $53,890 | Actual |
| 2025 | $32,399 | Actual |
| 2026(current) | $33,151 | Estimated |
| 2027 | $33,920 | Projected |
Based on 5 years of BLS OEWS data for the Albany metropolitan area, the median medical billing and coding specialist salary grew -31.5% from $47,270 (2021) to $32,399 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,920 by 2027 — a total increase of $-13,350 (-28.24%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Albany 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) | $23,916 – $28,290 |
| 3-5 years (Mid Career) | $28,290 – $33,151 |
| 5+ years (Experienced) | $33,151 – $37,856 |
| 10+ years (Top Earner) | $37,856 – $45,892 |
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 Albany
An estimated 610 medical billing and coding specialists currently work in Albany, indicating a solid job market for this role. The local cost of living index sits at 99.566, slightly below the national average, which can impact the purchasing power for these professionals. Employers offering competitive salaries tend to be in sectors such as hospital inpatient coding departments, physician group practices, and third-party coding companies that offer remote work. Factors influencing salary variability include specialization—where inpatient CCS roles typically command higher pay compared to outpatient positions—and the stacking of credentials like CPC, CCS, and CRC. Additionally, aspects like productivity bonuses and whether positions are remote or in-office greatly affect total earnings. For those looking to maximize their pay in Albany, pursuing further certifications and focusing on high-demand specialties could lead to better job prospects and compensation.
More salary data for Albany, NY:
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 $32,399 for medical billing and coding specialistsin the Albany 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
Source: BLS, OEWS, 5-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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