Medical Billing and Coding Specialist Salary in Federal Way, WA: $34,304 (2026)
Quick Answer:A full-time medical billing and coding specialist in Federal Way, WA earns a median $34,304/year (≈ $16.49/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Federal Way's price level (7% above national, BEA RPP 107.4), that paycheck buys what $31,940 would nationally. Nominal pay sits 0.9% below the Washington state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Federal Way can expect to earn a median annual salary of $34,304, which reflects a strong local earning potential compared to the national median of $30,349. The salary range varies significantly, with entry-level professionals earning around $24,787, while those at the top of the pay scale may make up to $53,171 annually. These figures are based on estimates derived from 2025 BLS data adjusted for regional economic factors. Credential stacking, such as obtaining certifications like CPC, CCS, and CRC, can greatly enhance lifetime earnings and job prospects within the competitive local market. Federal Way's growing healthcare facilities continuously look for skilled professionals, emphasizing the importance of credentials in enhancing career opportunities.
About the Federal Way Market
Salary estimated from Washington average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $24,787 | $11.92 |
| Lower Range (P25) | $28,975 | $13.93 |
| Median (P50)(typical) | $34,304 | $16.49 |
| Upper Range (P75) | $43,839 | $21.08 |
| Top Earners (P90) | $53,171 | $25.56 |
Median Salary Position
13.03% above the national average
2026 Salary Percentile Distribution in Federal Way
In Federal Way, WA, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $28,384 (2026 est.). At $34,304, the local median is 13.03% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Federal Way: You'd be in the lower-middle range
How Federal Way Medical Billing and Coding Specialist Pay Compares
Federal Way median: $34,304/year (2026)
| Compared To | Median Salary | Federal Way Pays |
|---|---|---|
| Washington Average | $34,615 | -0.90% less |
| National Average | $30,349 | +13.03% more |
Medical Billing and Coding Specialists in Federal Way, WA earn a median of $34,304 per year (2026 est.), which is 13.03% higher than the national median of $30,349 and 0.90% below the Washington state average of $34,615.
Cost-of-Living Adjusted Salary
Federal Way has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Federal Way, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $34,304 is competitive, the higher cost of living reduces purchasing power to an effective $31,940 — a 6.89% reduction.
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2021 BLS Actual
$30,589
2025 BLS Actual
$33,526
2026 Current Est.
$34,304
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Federal Way (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $30,589 | Actual |
| 2022 | $30,930 | Actual |
| 2023 | $31,979 | Actual |
| 2024 | $65,987 | Actual |
| 2025 | $33,526 | Actual |
| 2026(current) | $34,304 | Estimated |
| 2027 | $35,100 | Projected |
Based on 5 years of BLS OEWS data for the Federal Way metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $30,589 (2021) to $33,526 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,100 by 2027 — a total increase of $4,511 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Federal Way 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) | $24,787 – $28,975 |
| 3-5 years (Mid Career) | $28,975 – $34,304 |
| 5+ years (Experienced) | $34,304 – $43,839 |
| 10+ years (Top Earner) | $43,839 – $53,171 |
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 Federal Way
The local job market for medical billing and coding specialists in Federal Way is robust, with 22 industry professionals currently employed in the area. However, the relatively high cost of living index at 107.4 means that take-home pay may be impacted by expenses. Employers that typically offer the highest salaries include hospital inpatient coding departments, third-party coding companies, and payer/insurance company coding audit teams. The variance in pay often hinges on areas of specialization, such as inpatient clinical coding versus outpatient coding roles, as well as the level of credentialing achieved by the individual. Moreover, productivity bonuses and the option for remote work significantly influence overall compensation. To maximize pay in this market, aspirants should consider pursuing multiple relevant certifications and staying abreast of the evolving coding regulations and best practices to remain competitive in this thriving landscape.
More salary data for Federal Way, WA:
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 $33,526 for medical billing and coding specialistsin the Federal Way 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 Federal Way 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