Medical Billing and Coding Specialist Hourly Pay in Carpentersville, IL: $13.91 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Carpentersville, IL runs $13.91 at the median for 2026 — annualizing to $28,914 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Carpentersville's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $14.32 nationally would. A 24-hour part-time schedule grosses $17,354 per year.
Based on BLS state-level estimates · View source

In Carpentersville, the medical billing and coding specialist hourly pay is projected to be $13.91 in 2026. This figure lags slightly behind the national median hourly rate of $14.59, indicating a modest regional wage for this profession. For part-time workers, such as those engaged in three-day workweeks, the potential earnings amount to about $1,113 when working 24 hours per week, providing an opportunity to balance work and personal responsibilities while still maintaining a steady income. Those entering the field may expect to begin near the lower end of the hourly range, around $10.69, while experienced professionals can see earnings rise to $21.55 per hour. Given the shifts in the workplace due to the pandemic, a large number of medical billing and coding specialists are now operating from remote home offices or in various healthcare settings, such as hospital outpatient departments and third-party coding company facilities.
About the Carpentersville Market
Salary estimated from Illinois average ($50,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $10.69 | $85.54 |
| Lower Range (P25) | $12.14 | $97.08 |
| Median (P50) | $13.91 | $111.24 |
| Upper Range (P75) | $17.72 | $141.77 |
| Top Earners (P90) | $21.55 | $172.39 |
Estimated Annual Income by Work Schedule in Carpentersville
Based on $13.91/hr median hourly rate · 2026 est.
At $13.91/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Carpentersville, IL can expect to earn approximately $28,923 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $16,686. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Carpentersville.
Hourly Rate Calculator
Schedule Comparison in Carpentersville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $556.21 | $2,410 | $28,923 |
| Part-Time (24 hrs) | $333.73 | $1,446 | $17,354 |
| Per Diem (16 hrs) | $222.48 | $964 | $11,569 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Carpentersville) | $13.91 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Billing and Coding Specialists in Carpentersville, IL earn a median of $28,914 per year (2026 est.), which is 4.73% lower than the national median of $30,349 and 2.50% below the Illinois state average of $29,655.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $13.91/hr = $17,354/year (purchasing power: $17,872).
Working 40h/week (full-time) = $28,923/year (purchasing power: $29,787).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$12.40/hr
2025 BLS Actual
$13.59/hr
2026 Current Est.
$13.91/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Carpentersville (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $12.40/hr | Actual |
| 2022 | $12.54/hr | Actual |
| 2023 | $12.96/hr | Actual |
| 2024 | $22.76/hr | Actual |
| 2025 | $13.59/hr | Actual |
| 2026(current) | $13.91/hr | Estimated |
| 2027 | $14.23/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Carpentersville grew 9.6% from $12.40/hr (2021) to $13.59/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $14.23/hr by 2027. Part-time and per-diem medical billing and coding specialists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Carpentersville 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.
Working as an Hourly Medical Billing and Coding Specialist in Carpentersville
Examining the earnings potential reveals that part-time specialists can earn a considerably lower annual income compared to their full-time counterparts. Specifically, working 24 hours for a year at the hourly median results in an annual income of approximately $57,768, which contrasts sharply with the full-time figure. In the per-diem sector, medical billing and coding specialists in Carpentersville often command rates from $25 to $42 per hour on a 1099 basis. Meanwhile, those specializing as CCS inpatient coders can expect to earn between $35 and $55 per hour, with CRC risk adjustment specialists earning even higher rates of $40 to $65 per hour. The variances in hourly pay across employer types—such as inpatient departments, physician practices, and tenant agencies—reflect market demand and the level of expertise required. Some medical billing and coding specialists may opt for lower hourly rates in exchange for benefits like health insurance. In contrast, others pursue higher per-hour pay without benefits, emphasizing the need for clear negotiation strategies. Understanding local market trends and highlight their skills in risk adjustment and compliance with ICD-10-CM standards can enhance bargaining power, making them more competitive in a growing remote work sector.
More salary data for Carpentersville, IL:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Carpentersville in 2026?
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical billing and coding specialists in Carpentersville. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Carpentersville 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