Medical Billing and Coding Specialist Salary in Waukesha, WI: $39,499 (2026)
Quick Answer:A full-time medical billing and coding specialist in Waukesha, WI earns a median $39,499/year (≈ $18.99/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Waukesha's price level (7% below national, BEA RPP 93.4), that paycheck buys what $42,290 would nationally. Nominal pay sits 12.7% above the Wisconsin state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Waukesha, Wisconsin, can expect a median annual salary of $39,499, which is significantly higher than the projected national median of $30,349. This reflects the local market's demand for skilled professionals, particularly in specialties such as inpatient coding (CCS) compared to outpatient coding (CPC) and risk adjustment (HCC). The salary range for this role spans from $27,938 at the 10th percentile to $60,778 at the 90th percentile, indicating that those who specialize and credential stack can enhance their earning potential considerably. Local salary estimates, derived from 2025 BLS data and adjusted for regional pricing, provide a clear picture of the medical billing and coding specialist pay in Waukesha, WI, indicating a vibrant job market for those in the field.
About the Waukesha Market
Salary estimated from Wisconsin average ($48,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $27,938 | $13.43 |
| Lower Range (P25) | $32,815 | $15.78 |
| Median (P50)(typical) | $39,499 | $18.99 |
| Upper Range (P75) | $49,100 | $23.61 |
| Top Earners (P90) | $60,778 | $29.22 |
Median Salary Position
30.15% above the national average
2026 Salary Percentile Distribution in Waukesha
In Waukesha, WI, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $32,840 (2026 est.). At $39,499, the local median is 30.15% above the national median of $30,349.
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At 40 hours/week in Waukesha: You'd be in the lower-middle range
How Waukesha Medical Billing and Coding Specialist Pay Compares
Waukesha median: $39,499/year (2026)
| Compared To | Median Salary | Waukesha Pays |
|---|---|---|
| Wisconsin Average | $35,048 | +12.70% more |
| National Average | $30,349 | +30.15% more |
Medical Billing and Coding Specialists in Waukesha, WI earn a median of $39,499 per year (2026 est.), which is 30.15% higher than the national median of $30,349 and 12.70% above the Wisconsin state average of $35,048.
Cost-of-Living Adjusted Salary
Waukesha has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Waukesha, WI has a cost-of-living index of 93.4 (below the national average of 100). A medical billing and coding specialist earning $39,499 nominally has purchasing power equivalent to $42,290 in an average-cost city — an effective 7.07% boost.
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2021 BLS Actual
$35,221
2025 BLS Actual
$38,603
2026 Current Est.
$39,499
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Waukesha (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $35,221 | Actual |
| 2022 | $35,614 | Actual |
| 2023 | $36,822 | Actual |
| 2024 | $44,943 | Actual |
| 2025 | $38,603 | Actual |
| 2026(current) | $39,499 | Estimated |
| 2027 | $40,415 | Projected |
Based on 5 years of BLS OEWS data for the Waukesha metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $35,221 (2021) to $38,603 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $40,415 by 2027 — a total increase of $5,194 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Waukesha 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) | $27,938 – $32,815 |
| 3-5 years (Mid Career) | $32,815 – $39,499 |
| 5+ years (Experienced) | $39,499 – $49,100 |
| 10+ years (Top Earner) | $49,100 – $60,778 |
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 Waukesha
With only 14 medical billing and coding specialists employed in Waukesha, the local job market remains niche yet stable. The area's cost of living index is 93.4, which is below the national average, positively impacting the purchasing power of these professionals by allowing them to stretch their salaries further. Employers that tend to pay the most include hospital inpatient coding departments and physician group practice coding offices, where the demand for specialized coding skills, particularly in risk adjustment and compliance, drives higher wages. Factors such as the complexity of coding practices, credentialing with organizations like AAPC and AHIMA, and productivity bonuses also contribute to the wage disparity across different roles. For those looking to maximize their earnings in Waukesha, focusing on continuous education, obtaining multiple certifications, and seeking positions in high-demand specialties or remote opportunities can provide significant advantages.
More salary data for Waukesha, WI:
Frequently Asked Questions
How much do medical billing and coding specialists make in Waukesha, WI in 2026?
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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 $38,603 for medical billing and coding specialistsin the Waukesha 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 Waukesha 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