Medical Billing and Coding Specialist Salary in Vermillion, SD: $15,087 (2026)
Quick Answer:A full-time medical billing and coding specialist in Vermillion, SD earns a median $15,087/year (≈ $7.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Vermillion's price level (7% below national, BEA RPP 92.8), that paycheck buys what $16,258 would nationally. Nominal pay sits 7.6% below the South Dakota state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in Vermillion, SD, averages at $15,087, significantly lower than the national median of $30,349. Salaries for this profession range from $11,866 at the 10th percentile to $22,390 at the 90th percentile, reflecting the local job market dynamics and cost of living adjustments. These figures derive from 2025 BLS data, projected to the coming year, and provide a realistic picture of compensation for coders in the area. As remote work standards become the norm, Vermillion's specialists can seek opportunities beyond their geographic limits, enhancing their competitive edge in a market where pay can vary considerably based on a variety of factors.
About the Vermillion Market
Salary estimated from South Dakota average ($44,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $11,866 | $5.71 |
| Lower Range (P25) | $13,302 | $6.40 |
| Median (P50)(typical) | $15,087 | $7.25 |
| Upper Range (P75) | $18,855 | $9.07 |
| Top Earners (P90) | $22,390 | $10.76 |
Median Salary Position
50.29% below the national average
2026 Salary Percentile Distribution in Vermillion
In Vermillion, SD, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $10,524 (2026 est.). At $15,087, the local median is 50.29% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Vermillion: You'd be in the lower-middle range
How Vermillion Medical Billing and Coding Specialist Pay Compares
Vermillion median: $15,087/year (2026)
| Compared To | Median Salary | Vermillion Pays |
|---|---|---|
| South Dakota Average | $16,328 | -7.60% less |
| National Average | $30,349 | -50.29% less |
Medical Billing and Coding Specialists in Vermillion, SD earn a median of $15,087 per year (2026 est.), which is 50.29% lower than the national median of $30,349 and 7.60% below the South Dakota state average of $16,328.
Cost-of-Living Adjusted Salary
Vermillion has a cost of living 7.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Vermillion, SD has a cost-of-living index of 92.8 (below the national average of 100). A medical billing and coding specialist earning $15,087 nominally has purchasing power equivalent to $16,258 in an average-cost city — an effective 7.76% boost.
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2021 BLS Actual
$13,453
2025 BLS Actual
$14,745
2026 Current Est.
$15,087
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Vermillion (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $13,453 | Actual |
| 2022 | $13,603 | Actual |
| 2023 | $14,065 | Actual |
| 2024 | $37,714 | Actual |
| 2025 | $14,745 | Actual |
| 2026(current) | $15,087 | Estimated |
| 2027 | $15,437 | Projected |
Based on 5 years of BLS OEWS data for the Vermillion metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $13,453 (2021) to $14,745 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $15,437 by 2027 — a total increase of $1,984 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Vermillion 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) | $11,866 – $13,302 |
| 3-5 years (Mid Career) | $13,302 – $15,087 |
| 5+ years (Experienced) | $15,087 – $18,855 |
| 10+ years (Top Earner) | $18,855 – $22,390 |
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 Vermillion
The employment environment for medical billing and coding specialists in Vermillion currently shows a modest market, with only six professionals employed in this field. The city’s cost of living index at 92.8 suggests that earnings may stretch further than in high-cost areas, providing a slight buffer to the lower salary figures. Employers such as local physician group practices, third-party coding companies offering remote positions, and large hospitals can influence wages significantly. Higher compensation often correlates with coding specialties, credentialing, and additional skills such as audit compliance or risk adjustment. To maximize pay, aspiring specialists should focus on stacking credentials like CPC, CCS, and CRC, and consider pursuing specialties in high-demand areas such as HCC coding.
More salary data for Vermillion, SD:
Frequently Asked Questions
How much do medical billing and coding specialists make in Vermillion, SD in 2026?
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Can medical billing and coding specialists make $100K in Vermillion?
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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 $14,745 for medical billing and coding specialistsin the Vermillion 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 Vermillion 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