Medical Coding Salary

The average Medical Coding Salary is calculated by the US Government Bureau of Labor Statistics from a variety of sources. Medical Coders work in a number of settings including hospitals, clinics and in the insurance industry.

Medical Coding salaries vary depending on the location and the setting. The assumption was made that the Medical Coding reflected here were working an average of 40 hours per week with a total of 2080 hours per year.

Hourly

The average Medical Coding salary is $15.85 per hour. The lowest 10% earn $10.68 per hour and those in the upper 10% earn more than $34.00 per hour.

Annually

On an annual basis the median Medical Coding Salary is $32,986. The lowest 10% earn a salary of $20,850 per year while the upper 10% earn more than $50,000 per year. These salaries are calculated as an average.

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Median Hourly & Annual Data

Hourly Wage

$10.68

$12.10

16.81

$21.76

$33.72

Annual Wage

$20,850

$25,180

$32,986

$45,261

$70,140

Percentile

10%

25%

50%

75%

90%

 


Lowest and Highest Medical Coding Salary

The lowest paid Medical Coding earns less with average wages below $11.00 per hour. Presumably this is offset by costs of living and other factors. The lower pay levels are associated with rural areas and schools. The highest pay levels are found in major population areas where the average wage is less than $34.00 per hour. Demand and low supply seem to be a significant factor in fueling higher salaries.

Top 5 States

The top paying states are New Jersey, District of Columbia, Hawaii, Massachusetts, and Alaska.

Top 5 Metropolitan Areas

The best paying city or metropolitan areas are Newark NJ, Trenton NJ, San Francisco CA, Atlantic City NJ, and Rochester MN.

Click here to see salary for Medical Coding in all 50 states.

 

Other Industries that Employ Medical Coders

Insurance carriers, pharmaceutical industry, and cancer treatment centers are other areas employing the medical coder.

Employment Data

According to the US Department of Labor nationally there are over 170,580 medical records and health information technicians who earn a salary through being employed. A number of these specialize in medical coding but are categorized as medical records and health information technicians.


Where They Work

Of all the Medical Coding Technicians employed in the United States the best paying positions are in hospitals and nursing care facilities with physicians’ offices paying less. Local, state and federal governments all offer employment opportunities for medical coders.

Private Practice vs. Employment

Given the nature of the work these professionals perform they are primarily employed. While a significant amount of outsourcing of administrative and other jobs has occurred in the healthcare industry.  Medical coding is a job that could be easily outsourced. 

Benefits

Fringe benefits such as vacation, health insurance and retirement plans will vary depending on the work setting and size of the employer. A typical benefits package is worth over $20,000 per year.





International Salary

Internationally, the role of medical coder is done by the Health record and information technicians.  Salary for medical coding is essentially the same for this group of healthcare workers.

United Kingdom (UK)

The average annual wage for medical records clerks in the United Kingdom is £14,765 per annum.  The lowest posted wage is £8,000 and the highest is £24,468. 

Canada

The average annual salary for a medical coder (records clerk) in Canada is $33,280 CAD.  The lowest earn approximately $23,000 per year and the highest earn $46,000 annually. 

Australia

In Australia a medical coder can expect to earn wages comparable to those of a medical or health records technician.  Alternate titles are medical records clerk or healthcare information technician. 

The average hourly wage is $20.67 AUD.  Nationally, a medical coder can expect to earn approximately $43,000 AUD per year.  The lowest posted wages are around $38,000 per year.  The highest annual wage is $51,000 AUD.


 

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