Medical Billing and Coding Specialist Salary in Central Falls, RI: $16,322 (2026)
Quick Answer:A full-time medical billing and coding specialist in Central Falls, RI earns a median $16,322/year (≈ $7.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Central Falls's price level (1% above national, BEA RPP 100.5), that paycheck buys what $16,241 would nationally. Nominal pay sits 7.7% below the Rhode Island state average.
Based on BLS state-level estimates · View source
In 2026, the median medical billing and coding specialist salary in Central Falls, RI, is projected to be $16,322, reflecting a significant disparity when compared to the national figure of $30,349. Local salaries range from a low of $12,808 at the 10th percentile to a maximum of $24,190 at the 90th percentile, indicating a wide gap in compensation based on factors such as specialization and experience. Given the diverse nature of coding roles—ranging from inpatient CCS coding positions, which typically command higher salaries, to outpatient CPC roles—the pay gradient in this field is notable. These estimates are derived from BLS state-level data, adjusted for regional price disparities, providing an essential insight into the job market for medical billing and coding specialists in Central Falls.
About the Central Falls Market
Salary estimated from Rhode Island average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $12,808 | $6.16 |
| Lower Range (P25) | $14,369 | $6.91 |
| Median (P50)(typical) | $16,322 | $7.85 |
| Upper Range (P75) | $20,032 | $9.63 |
| Top Earners (P90) | $24,190 | $11.63 |
Median Salary Position
46.22% below the national average
2026 Salary Percentile Distribution in Central Falls
In Central Falls, RI, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $11,382 (2026 est.). At $16,322, the local median is 46.22% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Central Falls: You'd be in the lower-middle range
How Central Falls Medical Billing and Coding Specialist Pay Compares
Central Falls median: $16,322/year (2026)
| Compared To | Median Salary | Central Falls Pays |
|---|---|---|
| Rhode Island Average | $17,684 | -7.70% less |
| National Average | $30,349 | -46.22% less |
Medical Billing and Coding Specialists in Central Falls, RI earn a median of $16,322 per year (2026 est.), which is 46.22% lower than the national median of $30,349 and 7.70% below the Rhode Island state average of $17,684.
Cost-of-Living Adjusted Salary
Central Falls has a cost of living 0.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Central Falls, RI has a cost-of-living index of 100.5 (above the national average of 100). While the nominal salary of $16,322 is competitive, the higher cost of living reduces purchasing power to an effective $16,241 — a 0.5% reduction.
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2021 BLS Actual
$14,555
2025 BLS Actual
$15,952
2026 Current Est.
$16,322
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Central Falls (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $14,555 | Actual |
| 2022 | $14,717 | Actual |
| 2023 | $15,216 | Actual |
| 2024 | $50,073 | Actual |
| 2025 | $15,952 | Actual |
| 2026(current) | $16,322 | Estimated |
| 2027 | $16,701 | Projected |
Based on 5 years of BLS OEWS data for the Central Falls metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $14,555 (2021) to $15,952 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $16,701 by 2027 — a total increase of $2,146 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Central Falls 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) | $12,808 – $14,369 |
| 3-5 years (Mid Career) | $14,369 – $16,322 |
| 5+ years (Experienced) | $16,322 – $20,032 |
| 10+ years (Top Earner) | $20,032 – $24,190 |
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 Central Falls
The local job market currently employs only six medical billing and coding specialists, a figure that reflects both the limited opportunities and competitive nature of this profession in the area. The cost of living index for Central Falls sits at 100.5, slightly above the national average, which can impact the take-home purchasing power of professionals in this field. Employers that tend to offer higher remuneration include hospital inpatient coding departments and third-party coding companies that support remote work. The salary variance in this profession is driven by several factors including specialization, such as risk adjustment coding, credential stacking (for instance, combining a CPC with a CRC), and the potential for productivity bonuses tied to the number of charts coded per hour. To maximize compensation in Central Falls, it is advisable for specialists to pursue advanced certifications from AAPC or AHIMA, gain experience in high-demand specializations like HCC coding, and consider remote work opportunities that can yield more competitive pay.
More salary data for Central Falls, RI:
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 $15,952 for medical billing and coding specialistsin the Central Falls 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 Central Falls 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