Medical Billing and Coding Specialist Salary in Radford, VA: $27,988 (2026)
Quick Answer:A full-time medical billing and coding specialist in Radford, VA earns a median $27,988/year (≈ $13.46/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Radford's price level (3% above national, BEA RPP 103.2), that paycheck buys what $27,120 would nationally. Nominal pay sits 1.2% below the Virginia state average.
Based on BLS state-level estimates · View source
In Radford, medical billing and coding specialists earn a median annual salary of $27,988, which is notably lower than the national median of $30,349. This salary, however, fits within a broader range that extends from $21,170 at the lower end (P10) to $40,739 at the high end (P90). These figures are estimates derived from 2025 BLS OEWS data, projected to 2026 and adjusted for regional cost of living, which is reflected in Radford's cost of living index at 103.2. For professionals looking to enhance their earnings, pursuing advanced certifications such as Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC) can significantly impact lifetime earnings. With eight coding specialists currently employed in the area, Radford's job market for this profession remains relatively stable.
About the Radford Market
Salary estimated from Virginia average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,170 | $10.18 |
| Lower Range (P25) | $25,252 | $12.14 |
| Median (P50)(typical) | $27,988 | $13.46 |
| Upper Range (P75) | $33,890 | $16.29 |
| Top Earners (P90) | $40,739 | $19.58 |
Median Salary Position
7.78% below the national average
2026 Salary Percentile Distribution in Radford
In Radford, VA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $19,569 (2026 est.). At $27,988, the local median is 7.78% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Radford: You'd be in the lower-middle range
How Radford Medical Billing and Coding Specialist Pay Compares
Radford median: $27,988/year (2026)
| Compared To | Median Salary | Radford Pays |
|---|---|---|
| Virginia Average | $28,328 | -1.20% less |
| National Average | $30,349 | -7.78% less |
Medical Billing and Coding Specialists in Radford, VA earn a median of $27,988 per year (2026 est.), which is 7.78% lower than the national median of $30,349 and 1.20% below the Virginia state average of $28,328.
Cost-of-Living Adjusted Salary
Radford has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Radford, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $27,988 is competitive, the higher cost of living reduces purchasing power to an effective $27,120 — a 3.1% reduction.
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2021 BLS Actual
$24,957
2025 BLS Actual
$27,353
2026 Current Est.
$27,988
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Radford (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $24,957 | Actual |
| 2022 | $25,235 | Actual |
| 2023 | $26,091 | Actual |
| 2024 | $51,326 | Actual |
| 2025 | $27,353 | Actual |
| 2026(current) | $27,988 | Estimated |
| 2027 | $28,637 | Projected |
Based on 5 years of BLS OEWS data for the Radford metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $24,957 (2021) to $27,353 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $28,637 by 2027 — a total increase of $3,680 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Radford 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) | $21,170 – $25,252 |
| 3-5 years (Mid Career) | $25,252 – $27,988 |
| 5+ years (Experienced) | $27,988 – $33,890 |
| 10+ years (Top Earner) | $33,890 – $40,739 |
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 Radford
Analyzing the local market for medical billing and coding specialist pay in Radford, VA, reveals both challenges and opportunities. With the cost of living slightly above the national average, take-home purchasing power can be strained, making compensation dynamics critical. Among employers, hospital inpatient coding departments and physician group practice coding offices typically offer the highest wages, while remote opportunities with third-party coding companies are increasing. The disparity in salary ranges often arises from various factors, including specialty—where inpatient coding (CCS) commands higher rates than outpatient coding (CPC)—as well as credential stacking, where holders of multiple certifications see significant salary perks. Additionally, productivity bonuses can boost earnings based on coding volume, emphasizing the value of efficiency in a remote work environment. For those in Radford navigating their careers, acquiring higher certifications and seeking roles in higher-paying specialties can be viable strategies for maximizing compensation.
More salary data for Radford, 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 $27,353 for medical billing and coding specialistsin the Radford 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 Radford 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