Medical Billing and Coding Specialist Salary in Lake Ridge, VA: $27,140 (2026)
Quick Answer:A full-time medical billing and coding specialist in Lake Ridge, VA earns a median $27,140/year (≈ $13.05/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Lake Ridge's price level (3% above national, BEA RPP 103.2), that paycheck buys what $26,298 would nationally. Nominal pay sits 4.2% below the Virginia state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in Lake Ridge, VA is projected to be $27,140, which reflects a notable contrast to the national median of $30,349. This local figure falls within a salary range of $20,106 at the 10th percentile to $41,773 at the 90th percentile, illustrating the variability in compensation based on factors such as experience, specialty, and specific job setting. These estimates are derived from BLS state-level data adjusted for regional cost of living. As remote work continues to dominate the industry, particularly since 2020, job seekers in Lake Ridge can benefit from a geographically widened employment market, enhancing opportunities and competition for qualified candidates.
About the Lake Ridge Market
Salary estimated from Virginia average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $20,106 | $9.67 |
| Lower Range (P25) | $23,126 | $11.12 |
| Median (P50)(typical) | $27,140 | $13.05 |
| Upper Range (P75) | $34,080 | $16.38 |
| Top Earners (P90) | $41,773 | $20.09 |
Median Salary Position
10.57% below the national average
2026 Salary Percentile Distribution in Lake Ridge
In Lake Ridge, VA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $21,667 (2026 est.). At $27,140, the local median is 10.57% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Lake Ridge: You'd be in the lower-middle range
How Lake Ridge Medical Billing and Coding Specialist Pay Compares
Lake Ridge median: $27,140/year (2026)
| Compared To | Median Salary | Lake Ridge Pays |
|---|---|---|
| Virginia Average | $28,330 | -4.20% less |
| National Average | $30,349 | -10.57% less |
Medical Billing and Coding Specialists in Lake Ridge, VA earn a median of $27,140 per year (2026 est.), which is 10.57% lower than the national median of $30,349 and 4.20% below the Virginia state average of $28,330.
Cost-of-Living Adjusted Salary
Lake Ridge has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lake Ridge, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $27,140 is competitive, the higher cost of living reduces purchasing power to an effective $26,298 — a 3.1% reduction.
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2021 BLS Actual
$24,201
2025 BLS Actual
$26,525
2026 Current Est.
$27,140
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Lake Ridge (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $24,201 | Actual |
| 2022 | $24,471 | Actual |
| 2023 | $25,301 | Actual |
| 2024 | $51,423 | Actual |
| 2025 | $26,525 | Actual |
| 2026(current) | $27,140 | Estimated |
| 2027 | $27,770 | Projected |
Based on 5 years of BLS OEWS data for the Lake Ridge metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $24,201 (2021) to $26,525 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $27,770 by 2027 — a total increase of $3,569 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Lake Ridge 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) | $20,106 – $23,126 |
| 3-5 years (Mid Career) | $23,126 – $27,140 |
| 5+ years (Experienced) | $27,140 – $34,080 |
| 10+ years (Top Earner) | $34,080 – $41,773 |
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 Lake Ridge
Among the 10 medical billing and coding specialists employed in Lake Ridge, the cost-of-living index stands at 103.2, indicating above-average living expenses that may impact take-home pay. To maximize earnings in this region, professionals should focus on specialty areas that command higher salaries, such as inpatient coding (CCS) or risk adjustment coding certifications (CRC). Employers including physician group practices and hospital inpatient coding departments tend to offer some of the most competitive pay in the area. The disparity in compensation can be attributed to various factors, including credential stacking, productivity bonuses, and the growing importance of remote versus in-office roles. It's advisable for local practitioners to seek additional certifications from AAPC or AHIMA, stay updated with ICD-10-CM guidelines, and explore remote work positions to bolster their earning potential in an evolving field.
More salary data for Lake Ridge, VA:
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 $26,525 for medical billing and coding specialistsin the Lake Ridge 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 Lake Ridge 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