Medical Billing and Coding Specialist Hourly Pay in Valparaiso, IN: $13.61 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Valparaiso, IN runs $13.61 at the median for 2026 — annualizing to $28,304 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Valparaiso's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $14.91 nationally would. A 24-hour part-time schedule grosses $16,983 per year.
Based on BLS state-level estimates · View source
In Valparaiso, Indiana, the medical billing and coding specialist hourly pay is projected to be $13.61 in 2026. This figure is slightly lower than the national hourly median of $14.59, indicating the unique economic dynamics within the region. For part-time workers, those engaged in a typical schedule of three days a week might expect to earn approximately $653.28 weekly, allowing for flexibility, particularly in remote roles which have become the norm since 2020. The hourly pay varies significantly across the profession, with an entry-level medical billing and coding specialist earning as low as $9.97, while experienced professionals can command up to $20.42 per hour. Such variations reflect the realities of working in different environments like hospital HIM departments, physician group coding cubicles, and third-party coding companies.
About the Valparaiso Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $9.97 | $79.73 |
| Lower Range (P25) | $11.55 | $92.42 |
| Median (P50) | $13.61 | $108.87 |
| Upper Range (P75) | $16.73 | $133.83 |
| Top Earners (P90) | $20.42 | $163.38 |
Estimated Annual Income by Work Schedule in Valparaiso
Based on $13.61/hr median hourly rate · 2026 est.
At $13.61/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Valparaiso, IN can expect to earn approximately $28,306 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $16,330. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Valparaiso.
Hourly Rate Calculator
Schedule Comparison in Valparaiso
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $544.34 | $2,359 | $28,306 |
| Part-Time (24 hrs) | $326.61 | $1,415 | $16,983 |
| Per Diem (16 hrs) | $217.74 | $944 | $11,322 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Valparaiso) | $13.61 |
| 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 Valparaiso, IN earn a median of $28,304 per year (2026 est.), which is 6.74% lower than the national median of $30,349 and 1.40% below the Indiana state average of $28,706.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $13.61/hr = $16,983/year (purchasing power: $18,602).
Working 40h/week (full-time) = $28,306/year (purchasing power: $31,003).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$12.13/hr
2025 BLS Actual
$13.30/hr
2026 Current Est.
$13.61/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Valparaiso (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $12.13/hr | Actual |
| 2022 | $12.27/hr | Actual |
| 2023 | $12.69/hr | Actual |
| 2024 | $19.92/hr | Actual |
| 2025 | $13.30/hr | Actual |
| 2026(current) | $13.61/hr | Estimated |
| 2027 | $13.92/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Valparaiso grew 9.6% from $12.13/hr (2021) to $13.30/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $13.92/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 Valparaiso 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 Valparaiso
A part-time medical billing and coding specialist working 24 hours per week could realistically take home about $33,628 annually, a substantial contrast to full-time earnings in the role. Many per diem medical billing and coding specialists in Valparaiso might find themselves billing anywhere from $25 to $42 per hour, with CCS-certified coders specializing in inpatient coding reaching rates between $35 and $55. It's crucial to note that hourly rates can differ based on the employer type; for instance, physician group practices typically offer lower hourly salaries when compared to third-party coding companies that allow for remote work. While higher pay often comes with fewer benefits, many professionals choose full-time positions for the security of health insurance. For those negotiating pay in Valparaiso, being well-informed about local market rates and emphasizing specialized skills in areas such as risk adjustment coding can provide leverage during discussions.
More salary data for Valparaiso, IN:
Frequently Asked Questions
What is the hourly rate for medical billing and coding specialists in Valparaiso 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 Valparaiso. 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 Valparaiso 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