Medical Billing and Coding Specialist Hourly Pay in Spearfish, SD: $7.53 (2026)
Quick Answer:Hourly pay for a medical billing and coding specialist working in Spearfish, SD runs $7.53 at the median for 2026 — annualizing to $15,662 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Spearfish's regional price level (BEA RPP 92.8, 7% below national), each hour of work buys what $8.12 nationally would. A 24-hour part-time schedule grosses $9,398 per year.
Based on BLS state-level estimates · View source

In 2026, the medical billing and coding specialist hourly pay in Spearfish, South Dakota, is projected to be $7.53, significantly lower than the national median of $14.59 per hour. This wage reflects the market conditions in the area and affects part-time and per-diem workers, who often find themselves earning less than their counterparts in larger cities. Typical employment settings include remote home offices and coding departments within hospitals and physician practices, where specialists might work three days a week or as per-diem staff. Entry-level coders can expect to earn around $5.53 per hour, while more experienced professionals can reach up to $11.00 per hour in Spearfish, indicating a clear progression in pay relative to experience and expertise.
About the Spearfish Market
Salary estimated from South Dakota average ($44,000) adjusted for local cost of living.
Medical Billing and Coding Specialist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $5.53 | $44.20 |
| Lower Range (P25) | $6.81 | $54.52 |
| Median (P50) | $7.53 | $60.25 |
| Upper Range (P75) | $9.14 | $73.10 |
| Top Earners (P90) | $11.00 | $88.00 |
Estimated Annual Income by Work Schedule in Spearfish
Based on $7.53/hr median hourly rate · 2026 est.
At $7.53/hr, a medical billing and coding specialist working full-time (40 hr/wk) in Spearfish, SD can expect to earn approximately $15,664 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $9,037. With a cost-of-living index of 92.80 (below the national average), these earnings stretch further in Spearfish.
Hourly Rate Calculator
Schedule Comparison in Spearfish
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $301.23 | $1,305 | $15,664 |
| Part-Time (24 hrs) | $180.74 | $783 | $9,398 |
| Per Diem (16 hrs) | $120.49 | $522 | $6,266 |
Compare MBS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Billing and Coding Specialist (Spearfish) | $7.53 |
| 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 Spearfish, SD earn a median of $15,662 per year (2026 est.), which is 48.39% lower than the national median of $30,349 and 4.10% below the South Dakota state average of $16,332.
Medical Billing and Coding Specialist Hourly Pay vs. Cost of Living
Working 24h/week at $7.53/hr = $9,398/year (purchasing power: $10,128).
Working 40h/week (full-time) = $15,664/year (purchasing power: $16,879).
CoL index: 92.8 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$6.72/hr
2025 BLS Actual
$7.36/hr
2026 Current Est.
$7.53/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Billing and Coding Specialists in Spearfish (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $6.72/hr | Actual |
| 2022 | $6.79/hr | Actual |
| 2023 | $7.02/hr | Actual |
| 2024 | $18.82/hr | Actual |
| 2025 | $7.36/hr | Actual |
| 2026(current) | $7.53/hr | Estimated |
| 2027 | $7.71/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical billing and coding specialists in Spearfish grew 9.6% from $6.72/hr (2021) to $7.36/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $7.71/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 Spearfish 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 Spearfish
For those considering part-time roles, a medical billing and coding specialist working 24 hours a week could potentially take home approximately $9,205 annually, contrasting sharply with full-time earnings. Per diem medical billing and coding specialists in Spearfish often command higher rates, with some billing between $25 and $42 per hour, while certified coders specializing in risk adjustment may charge between $40 and $65 per hour as independent contractors. Hourly rates fluctuate across different employer types; for example, positions in third-party coding companies or payer audit teams might offer pay closer to the lower end of the spectrum. While some specialists might accept lower hourly rates for positions that include health insurance and benefits, others may prioritize higher hourly wages and the flexibility of per diem work. Negotiating hourly pay involves understanding local market conditions, assessing skill levels, and leveraging specialized knowledge in areas like ICD-10-CM coding or risk adjustment, particularly in the growing sectors of Medicare Advantage and ACA marketplace coding.
More salary data for Spearfish, SD:
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
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 Spearfish. 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 Spearfish 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