Entry-Level Medical Billing and Coding Specialist Salary in Binghamton, NY: $22,089 (2026)
Quick Answer:New medical billing and coding specialists entering the Binghamton, NY job market in 2026 can expect a starting salary around $22,089 (BLS 10th-percentile benchmark for SOC 29-2072, projected from 2025 OEWS data). Stripping out Binghamton's local price level (BEA RPP 92.9 — 7% below national), a first-year paycheck buys what $23,787 would in average-cost America. Most reach the city median ($29,845) within a few years of clinical practice.
Official BLS data · View source
In 2026, the starting medical billing and coding specialist salary in Binghamton, NY, presents an entry-level candidate with earnings around $22,089. This figure is significantly below the city median salary of $29,845, highlighting a tangible gap that new graduates may need to address in their career planning. Over the first several years, as they gain experience and possibly additional certifications, earnings can rise from the entry-level mark to approximately $26,973 within the first few years, aligning more closely with the median salary. Given Binghamton's cost of living index of 92.863, the market remains relatively favorable for new graduates in this field, making it a reasonable area for aspiring medical billing and coding specialists to start their careers and build their skill set.
Career Earnings Timeline in Binghamton
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Binghamton
Entry-level medical billing and coding specialists in Binghamton, NY typically start between $22,089 and $26,973 per year (2026 est.). The full salary range spans $24,485 from the 10th to 90th percentile, with the local median at $29,845 — 1.66% below the national median.
Return on Investment
The average medical billing and coding program cost in New York of $7,000 represents just 31.69% of the starting medical billing and coding specialist pay ($22,089/year) in Binghamton. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates based on AHIMA/CAHIIM-accredited coding and health information certificate programs plus AAPC-approved training courses. Certificates at community colleges and online training programs are the most affordable; associate degree programs cost more but broaden career options. Exam fees (CCA, CCS, CPC) are typically $299-$499 and are separate from tuition.
MBS Salary Negotiation Tips for New Graduates in Binghamton
- 1Research the Binghamton market: entry-level medical billing and coding specialist pay ranges from $22,089 to $26,973, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the medical billing and coding field — employers in NY often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Binghamton, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Binghamton for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Binghamton's below-average cost of living means your starting salary goes further here compared to many larger metro areas.
Medical Billing and Coding Specialist Compensation Range
The medical billing and coding specialist wage spread in Binghamton is $24,485 ( 110.85%) between entry-level and top earners. Starting at $22,089, experienced hygienists can earn up to $46,574.
Represents the current salary spread across experience levels, not projected career growth rate.
2021 BLS Actual
$28,530
2025 BLS Actual
$21,588
2026 Current Est.
$22,089
2021–2027 Growth
+-20.8%
Salary Trajectory for Medical Billing and Coding Specialists in Binghamton (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $28,530 | Actual |
| 2022 | $28,440 | Actual |
| 2023 | $34,580 | Actual |
| 2024 | $35,920 | Actual |
| 2025 | $21,588 | Actual |
| 2026(current) | $22,089 | Estimated |
| 2027 | $22,601 | Projected |
Entry-level medical billing and coding specialist compensation (10th percentile) in Binghamton, NY grew -24.3% over 5 years based on actual BLS metropolitan area surveys, rising from $28,530 in 2021 to $21,588 in 2025. By 2027, starting salaries are projected to reach $22,601. New graduates entering the Binghamton job market can expect continued year-over-year gains.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Binghamton 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.
Starting Your medical billing and coding Career in Binghamton
Employers in Binghamton that often hire new graduates include third-party coding companies and payer coding audit teams, which frequently seek out candidates with credentials such as AAPC's CPC-A for outpatient roles. Physician group practices and outpatient Ambulatory Surgical Centers (ASCs) are also known for offering entry-level positions. For those interested in hospital inpatient coding, obtaining the CCS certification from AHIMA may be necessary. To enhance earning potential in New York, pursuing additional credentials such as the CRC for risk adjustment coding or the CPMA for auditing can be advantageous. As medical coding has largely shifted to remote work, staying current with ICD-10-CM updates and evolving coding practices remains important. In the first few years, professionals may see gradual salary increases as they move from initial roles to more advanced positions, especially in high-demand areas such as risk adjustment and HCC coding.
More salary data for Binghamton, NY:
Frequently Asked Questions
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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
Entry-level 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 10th percentile (entry-level) is used as the starting salary benchmark for new medical billing and coding graduates. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Binghamton. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Source: BLS, OEWS, 5-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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