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.
Based on BLS state-level estimates · View source

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
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.
Top MBS Salary Comparison
| Level | Richfield | National |
|---|---|---|
| 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
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.
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.
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.
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.
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 yearsSenior/Lead Medical Billing and Coding Specialist
5-10 yearsMedical Billing and Coding Specialist Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedRichfield 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 (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $23,132 | Actual |
| 2022 | $23,525 | Actual |
| 2023 | $24,258 | Actual |
| 2024 | $79,411 | Actual |
| 2025 | $25,299 | Actual |
| 2026(current) | $25,886 | Estimated |
| 2027 | $26,486 | Projected |
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 (2021–2025) are actual BLS OEWS figures for the Richfield 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.
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.
More salary data for Richfield, MN:
Frequently Asked Questions
How much do experienced medical billing and coding specialists make in Richfield in 2026?
What drives higher medical billing and coding specialist pay in Richfield?
What certifications boost medical billing and coding specialist salary in Richfield?
Can experienced medical billing and coding specialists make six figures in Richfield?
How much does medical billing and coding specialist salary increase over time in Richfield?
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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
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).
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