Medical Billing Salary

Senior Medical Billing and Coding Specialist Salary in Richfield, MN: $25,886 (2026)

Quick Answer:The top tier of medical billing and coding specialists working in Richfield, MN — those at or above the 90th percentile — pull in $25,886/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 29-2072. Strip back Richfield's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $26,280 in average-cost America. The 55% spread above city median typically rewards 7+ years of practice or specialty credentials.

$25,886
Top 10% Earn
$12.44/hr
Top Hourly Rate
$20,420
75th Percentile
$25,886
90th Percentile

Based on BLS state-level estimates · View source

Medical Billing and Coding Specialist Senior Salary in Richfield, MN — 2026 est., based on 2025 BLS
Richfield, MN medical billing and coding specialist senior salary overview (2026 est., based on 2025 BLS)

In 2026, experienced medical billing and coding specialists in Richfield, MN, can expect to see salaries ranging significantly based on their expertise and the complexity of their work. The top-tier pay in this market is projected to reach $25,886 annually, highlighting the substantial earning potential for those who excel in specialized coding environments. The median annual salary stands at $16,701, revealing a notable experience premium for professionals who leverage advanced skills to drive efficiency and accuracy in coding practices. To reach these higher salary thresholds, coders must focus on acquiring specialized credentials and demonstrating proficiency in complex coding areas, such as surgical and inpatient coding. The demand for top medical billing and coding specialist salary Richfield reflects the growing need for skilled professionals who can adapt to evolving regulations and coding standards.

About the Richfield Market

Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.

2026 Salary Percentile Distribution in Richfield

Vertical bar chart of 10th through 90th percentile salaries for medical billing and coding specialists in Richfield. The median salary is $16,701, compared to the national median of $30,349.$11.7K$16.7K$21.8K$26.8K$31.9K$12.9K10th Pctl$14.7K25th Pctl$16.7KMedian$20.4K75th Pctl$25.9K90th PctlUS Median$30.3K

Experienced medical billing and coding specialists at the top of the pay scale in Richfield earn between $20,420 and $25,886 per year (2026 est.). This $12,941 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Richfield median of $16,701 sits 44.97% below the US median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of medical billing and coding specialist pay in the Richfield metro area.

Top MBS Salary Comparison

LevelRichfieldNational
Median (P50)$16,701$30,349
75th Percentile$20,420$38,468
90th Percentile (Top 10%)$25,886$48,159

In Richfield, experienced medical billing and coding specialists (P90) earn 55.00% more than the local median — reflecting the significant value of specialization and tenure in this market.

What Drives Top Medical Billing and Coding Specialist Pay in Richfield

1

Advanced Certifications in Minnesota

MN medical billing and coding specialists with additional specialty certifications within the medical billing and coding field earn significantly above the $16,701 median. Expanded-scope credentials are increasingly valued by Richfield employers.

2

Specialty Focus

Medical Billing and Coding Specialists focusing on high-acuity or specialty areas within the medical billing and coding field in Richfield command premium compensation, often reaching the $20,420–$25,886 range.

3

Large Health-System & Multi-Site Experience

Large hospital systems and multi-site employers in the Richfield metro area often pay above-market rates for experienced medical billing and coding specialists who demonstrate efficiency and leadership.

4

Employer Loyalty & Patient Relationships

Long-tenured medical billing and coding specialists in Richfield with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.

5

Continuing Education & Leadership

Medical Billing and Coding Specialists in Minnesota who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.

Medical Billing and Coding Specialist Career & Wage Growth Path in Richfield

Clinical Medical Billing and Coding Specialist

0-5 years
$12,945 – $16,701

Senior/Lead Medical Billing and Coding Specialist

5-10 years
$16,701 – $20,420

Medical Billing and Coding Specialist Department Manager

10+ years
$20,420+

Educator / Specialty Leadership

Advanced
Varies by role

Richfield ranks #32 of 44 Minnesota cities for top earner medical billing and coding specialist salary (90th percentile: $25,886).

Top 10% medical billing and coding specialist compensation in Richfield ($25,886) is 50.55% below the Minnesota average P90 ($52,344).

2021 BLS Actual

$23,132

2025 BLS Actual

$25,299

2026 Current Est.

$25,886

2021–2027 Growth

+14.5%

Salary Trajectory for Medical Billing and Coding Specialists in Richfield (20212027)

2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.

BLS Actual Estimated Projected
Salary trajectory chart for medical billing and coding specialists in Richfield. Baseline $23,132 in 2025, projected to $26,486 by 2027.$11.9K$31.6K$51.3K$71.0K$90.7K20212022202320242025202620272025 BLS$23.1K$23.5K$24.3K$79.4K$25.3K$25.9K$26.5K
YearAnnual SalaryStatus
2021$23,132Actual
2022$23,525Actual
2023$24,258Actual
2024$79,411Actual
2025$25,299Actual
2026(current)$25,886Estimated
2027$26,486Projected

Top-earning medical billing and coding specialists (90th percentile) in Richfield saw their compensation grow 9.4% from $23,132 in 2021 to $25,299 in 2025, based on 5 years of BLS OEWS data for this metropolitan area. At a 2.32% annual growth rate, senior-level pay is projected to reach $26,486 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.

Note: Historical values (20212025) are actual BLS OEWS figures for the Richfield metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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.

Maximizing Your Medical Billing and Coding Specialist Earnings in Richfield

Diving deeper into the compensation dynamics for senior medical billing and coding specialists in Richfield, certain specializations yield premium pay. Coding roles in inpatient settings, like those requiring certification in CCS, present attractive compensation opportunities, outpacing general outpatient coding roles, including those recognized by the AAPC’s CPC credential. Moreover, compensation also varies significantly across employer types; specialists working for hospitals or as part of coding audit teams for insurance companies often earn more than those in outpatient clinics or remote positions with third-party coding firms. Leadership positions—like coding supervisor or HIM director—offer lucrative advancement paths in this field. Continued education and certification, such as obtaining the CRC for risk adjustment or CPMA for auditing, can further enhance earning potential. In Richfield, professionals stack credentials to increase their market value, particularly in a job market where non-salary compensation factors, such as productivity bonuses and flexible work arrangements, are increasingly appealing to skilled coders.

Frequently Asked Questions

How much do experienced medical billing and coding specialists make in Richfield in 2026?

Top-earning medical billing and coding specialists in Richfield (90th percentile) make $25,886/year, based on estimated 2026 salary (projected from 2025 BLS data at 2.32% annual growth). This is $9,185 more than the area median of $16,701 — representing a significant experience premium. Senior medical billing and coding specialists typically reach this level after 10+ years of clinical experience combined with specialty certifications, strong patient relationships, and working at high-production or specialty practices.

What drives higher medical billing and coding specialist pay in Richfield?

Higher medical billing and coding specialist pay in Richfield is driven by several key factors: years of clinical experience (10+ years for top tier), specializations, expanded-function certifications that allow additional procedures, and employment at high-production practices or large organizations. Geographic factors within the metro area also matter — practices in affluent neighborhoods or underserved areas often pay premium rates. Building a loyal patient base and strong clinical reputation further supports salary negotiation.

What certifications boost medical billing and coding specialist salary in Richfield?

The most impactful salary-boosting certifications for medical billing and coding specialists in Richfield include specialty certifications, advanced treatment certifications, and expanded-function credentials. These certifications can increase earnings well above the median of $16,701, especially when combined with experience at specialty practices.

Can experienced medical billing and coding specialists make six figures in Richfield?

The 90th percentile in Richfield is $25,886. Reaching six figures in this market may require combining clinical work at multiple practices with additional income from education, consulting, product sales, or relocating to a higher-paying metro area. Advanced certifications and specializations can help close the gap.

How much does medical billing and coding specialist salary increase over time in Richfield?

In Richfield, the gap between entry level ($12,945) and top earners ($25,886) is $12,941, reflecting significant earning potential over a career. Most salary growth occurs in the first 5–10 years through accumulated clinical experience and additional credentials. After year 10, growth slows unless you pursue management roles, teaching positions, or transition into consulting. Continuous professional development is essential for maximizing long-term earnings.

Related Pages

Nearby Cities in Minnesota

AP

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.

Clinically reviewed by Liam Johnson, RHITData verified by Sofia Nguyen, CCS

Methodology & Data Source

Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $25,299 for medical billing and coding specialists in the Richfield metro area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.

Data Sources & Methodology

Salary data for Richfield is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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