Senior Medical Billing and Coding Specialist Salary in Woodbury, MN: $27,227 (2026)
Quick Answer:The top tier of medical billing and coding specialists working in Woodbury, MN — those at or above the 90th percentile — pull in $27,227/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 29-2072. Strip back Woodbury's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $27,642 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

For medical billing and coding specialists with substantial experience in Woodbury, the salary potential is notable, particularly for those positioned at the higher end of the pay scale. In 2026, these professionals can expect to see their incomes reach up to $27,227, with the 75th percentile earning $22,091 annually. These figures illustrate a clear path from the median salary of $17,566, emphasizing the considerable benefits of tenure and expertise. The gap between median compensation and top-tier salaries shows that there are significant rewards for those who advance their careers and specialize. Achieving this level of pay often requires vast experience in coding systems, proficiency in ICD-10-CM, and a refined understanding of various coding methodologies and regulations.
About the Woodbury Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Woodbury
Experienced medical billing and coding specialists at the top of the pay scale in Woodbury earn between $22,091 and $27,227 per year (2026 est.). This $14,498 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Woodbury median of $17,566 sits 42.12% below the US median.
Top MBS Salary Comparison
| Level | Woodbury | National |
|---|---|---|
| Median (P50) | $17,566 | $30,349 |
| 75th Percentile | $22,091 | $38,468 |
| 90th Percentile (Top 10%) | $27,227 | $48,159 |
In Woodbury, 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 Woodbury
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 $17,566 median. Expanded-scope credentials are increasingly valued by Woodbury employers.
Specialty Focus
Medical Billing and Coding Specialists focusing on high-acuity or specialty areas within the medical billing and coding field in Woodbury command premium compensation, often reaching the $22,091–$27,227 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Woodbury 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 Woodbury 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 Woodbury
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
AdvancedWoodbury ranks #8 of 44 Minnesota cities for top earner medical billing and coding specialist salary (90th percentile: $27,227).
Top 10% medical billing and coding specialist compensation in Woodbury ($27,227) is 47.98% below the Minnesota average P90 ($52,344).
2021 BLS Actual
$24,331
2025 BLS Actual
$26,610
2026 Current Est.
$27,227
2021–2027 Growth
+14.5%
Salary Trajectory for Medical Billing and Coding Specialists in Woodbury (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $24,331 | Actual |
| 2022 | $24,744 | Actual |
| 2023 | $25,515 | Actual |
| 2024 | $83,530 | Actual |
| 2025 | $26,610 | Actual |
| 2026(current) | $27,227 | Estimated |
| 2027 | $27,859 | Projected |
Top-earning medical billing and coding specialists (90th percentile) in Woodbury saw their compensation grow 9.4% from $24,331 in 2021 to $26,610 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 $27,859 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Woodbury 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 Woodbury
Specializations within the field can greatly enhance earning potential for senior medical billing and coding specialists in MN. For instance, professionals skilled in inpatient coding (CCS) or risk adjustment coding (CRC) often command higher salaries than their colleagues focused on outpatient coding (CPC). Additionally, those working in physician group practices, hospitals, or third-party coding firms, especially in remote work settings, frequently enjoy varying compensation structures. Career advancement opportunities abound, with pathways leading to positions like coding supervisor or HIM director, which typically require advanced certifications from recognized bodies like AAPC and AHIMA. Stacking credentials, such as obtaining the CPC alongside the CCS, can further boost pay. Non-salary drivers, like productivity bonuses and specialization premiums, add to the rationale for pursuing advanced skills and subspecialties, particularly in a market increasingly shaped by telecommuting opportunities.
More salary data for Woodbury, MN:
Frequently Asked Questions
How much do experienced medical billing and coding specialists make in Woodbury in 2026?
What drives higher medical billing and coding specialist pay in Woodbury?
What certifications boost medical billing and coding specialist salary in Woodbury?
Can experienced medical billing and coding specialists make six figures in Woodbury?
How much does medical billing and coding specialist salary increase over time in Woodbury?
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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 $26,610 for medical billing and coding specialists in the Woodbury 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 Woodbury 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