Medical Billing and Coding Specialist Salary in Hempstead, NY: $29,554 (2026)
Quick Answer:A full-time medical billing and coding specialist in Hempstead, NY earns a median $29,554/year (≈ $14.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Hempstead's price level (16% above national, BEA RPP 115.9), that paycheck buys what $25,500 would nationally. Nominal pay sits 3.5% below the New York state average.
Based on BLS state-level estimates · View source
In Hempstead, New York, the projected compensation for a medical billing and coding specialist stands at a median annual salary of $29,554 for 2026. This figure is slightly below the national median, which is estimated at $30,349. The local salary range fluctuates between $21,381 at the 10th percentile and $45,809 at the 90th percentile, indicating a varied landscape of earning potential based on experience and specialization. Credential stacking—obtaining credentials such as Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC)—can significantly enhance lifetime earnings, particularly as demand grows for specialized coding roles. Given Hempstead's relatively small number of specialists (only 9 currently employed), those who hold advanced certifications and adapt to the shifting requirements of the healthcare industry can better position themselves in this competitive market.
About the Hempstead Market
Salary estimated from New York average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,381 | $10.28 |
| Lower Range (P25) | $25,001 | $12.02 |
| Median (P50)(typical) | $29,554 | $14.21 |
| Upper Range (P75) | $37,830 | $18.18 |
| Top Earners (P90) | $45,809 | $22.02 |
Median Salary Position
2.62% below the national average
2026 Salary Percentile Distribution in Hempstead
In Hempstead, NY, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $24,428 (2026 est.). At $29,554, the local median is 2.62% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Hempstead: You'd be in the lower-middle range
How Hempstead Medical Billing and Coding Specialist Pay Compares
Hempstead median: $29,554/year (2026)
| Compared To | Median Salary | Hempstead Pays |
|---|---|---|
| New York Average | $30,626 | -3.50% less |
| National Average | $30,349 | -2.62% less |
Medical Billing and Coding Specialists in Hempstead, NY earn a median of $29,554 per year (2026 est.), which is 2.62% lower than the national median of $30,349 and 3.50% below the New York state average of $30,626.
Cost-of-Living Adjusted Salary
Hempstead has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hempstead, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $29,554 is competitive, the higher cost of living reduces purchasing power to an effective $25,500 — a 13.72% reduction.
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2021 BLS Actual
$26,354
2025 BLS Actual
$28,884
2026 Current Est.
$29,554
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Hempstead (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $26,354 | Actual |
| 2022 | $26,647 | Actual |
| 2023 | $27,551 | Actual |
| 2024 | $64,902 | Actual |
| 2025 | $28,884 | Actual |
| 2026(current) | $29,554 | Estimated |
| 2027 | $30,240 | Projected |
Based on 5 years of BLS OEWS data for the Hempstead metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $26,354 (2021) to $28,884 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $30,240 by 2027 — a total increase of $3,886 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Hempstead 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) | $21,381 – $25,001 |
| 3-5 years (Mid Career) | $25,001 – $29,554 |
| 5+ years (Experienced) | $29,554 – $37,830 |
| 10+ years (Top Earner) | $37,830 – $45,809 |
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 Hempstead
The job market in Hempstead presents unique financial dynamics for medical billing and coding specialists. With a cost-of-living index of 115.9, take-home pay may feel tighter than salary figures suggest. The highest-paying opportunities are typically found in hospital inpatient coding departments or third-party coding companies, especially those that offer work-from-home options, which have gained traction post-2020. The disparity in earnings is influenced by various factors, including the type of coding—such as inpatient versus outpatient—and additional credentials that come into play, like CCS or CRC. Remote roles often offer flexibility but may differ in pay from in-office positions, which may provide productivity bonuses tied to performance. To maximize income in Hempstead, professionals should consider enhancing their coding education through AAPC or AHIMA certifications, stay updated on ICD-10-CM and CPT changes, and actively seek positions that align with high-demand areas like risk adjustment or compliance auditing.
More salary data for Hempstead, 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 $28,884 for medical billing and coding specialistsin the Hempstead 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 Hempstead 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