Medical Billing and Coding Specialist Salary in Florence, SC: $30,783 (2026)
Quick Answer:A full-time medical billing and coding specialist in Florence, SC earns a median $30,783/year (≈ $14.81/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Florence's price level (13% below national, BEA RPP 86.8), that paycheck buys what $35,475 would nationally. Nominal pay sits 2.2% below the South Carolina state average.
Official BLS data · View source
In 2026, the medical billing and coding specialist salary in Florence, SC, is projected to reach a median of $30,783, offering a competitive edge over the national average of $30,349. The salary range for this profession in this region spans from $21,275 at the 10th percentile to $48,117 at the 90th percentile, based on the latest estimates derived from 2025 BLS OEWS data, projected to 2026. This positive outlook reflects not only the local demand for coding professionals but also the increasing flexibility of remote work standards, which have broadened the potential for job opportunities within the field. Given the significant role that medical billing and coding specialists play in the healthcare sector, the Florence job market remains a promising environment for those entering or progressing in this career path.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,275 | $10.22 |
| Lower Range (P25) | $25,608 | $12.31 |
| Median (P50)(typical) | $30,783 | $14.81 |
| Upper Range (P75) | $39,441 | $18.96 |
| Top Earners (P90) | $48,117 | $23.13 |
Median Salary Position
1.43% above the national average
2026 Salary Percentile Distribution in Florence
In Florence, SC, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $26,842 (2026 est.). At $30,783, the local median is 1.43% above the national median of $30,349.
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At 40 hours/week in Florence: You'd be in the lower-middle range
How Florence Medical Billing and Coding Specialist Pay Compares
Florence median: $30,783/year (2026)
| Compared To | Median Salary | Florence Pays |
|---|---|---|
| South Carolina Average | $31,475 | -2.20% less |
| National Average | $30,349 | +1.43% more |
Medical Billing and Coding Specialists in Florence, SC earn a median of $30,783 per year (2026 est.), which is 1.43% higher than the national median of $30,349 and 2.20% below the South Carolina state average of $31,475.
Cost-of-Living Adjusted Salary
Florence has a cost of living 13.23% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Florence, SC has a cost-of-living index of 86.774 (below the national average of 100). A medical billing and coding specialist earning $30,783 nominally has purchasing power equivalent to $35,475 in an average-cost city — an effective 15.24% boost.
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2021 BLS Actual
$42,500
2025 BLS Actual
$30,085
2026 Current Est.
$30,783
2021–2027 Growth
+-25.9%
Salary Trajectory for Medical Billing and Coding Specialists in Florence (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $42,500 | Actual |
| 2022 | $47,780 | Actual |
| 2023 | $48,150 | Actual |
| 2024 | $50,100 | Actual |
| 2025 | $30,085 | Actual |
| 2026(current) | $30,783 | Estimated |
| 2027 | $31,497 | Projected |
Based on 5 years of BLS OEWS data for the Florence metropolitan area, the median medical billing and coding specialist salary grew -29.2% from $42,500 (2021) to $30,085 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $31,497 by 2027 — a total increase of $-11,003 (-25.89%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Florence 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) | $21,275 – $25,608 |
| 3-5 years (Mid Career) | $25,608 – $30,783 |
| 5+ years (Experienced) | $30,783 – $39,441 |
| 10+ years (Top Earner) | $39,441 – $48,117 |
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 Florence
Currently, there are about 140 medical billing and coding specialists employed in Florence, which creates a dynamic local job market for professionals in this field. The cost-of-living index in the area is 86.774, indicating that living expenses are below the national average; this enhances take-home purchasing power for workers in this occupation. Among the employers in Florence, physician group practice coding offices and hospital inpatient coding departments tend to offer the highest salaries, followed closely by third-party coding companies that provide remote work opportunities. With factors such as specialty focus, credential stacking, and remote versus in-office work affecting salary levels, aspiring coders should consider pursuing certifications from AAPC or AHIMA, and specializing in high-demand areas like risk adjustment coding to maximize their earning potential in this evolving labor market.
More salary data for Florence, SC:
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 $30,085 for medical billing and coding specialistsin the Florence 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