Medical Billing and Coding Specialist Salary in Centennial, CO: $36,676 (2026)
Quick Answer:A full-time medical billing and coding specialist in Centennial, CO earns a median $36,676/year (≈ $17.63/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Centennial's price level (5% above national, BEA RPP 105.0), that paycheck buys what $34,930 would nationally. Nominal pay sits 12.5% above the Colorado state average.
Based on BLS state-level estimates · View source
In Centennial, Colorado, the 2026 median annual salary for a medical billing and coding specialist is projected to be $36,676, significantly outperforming the national median of $30,349 by approximately 20.85%. The salary range in this area varies widely, from $25,235 at the 10th percentile to $56,847 at the 90th percentile, reflecting the diverse opportunities available in the local job market. These figures are derived from 2025 BLS OEWS data, projected to 2026, and take into account regional cost adjustments. Given the shift toward remote work which has expanded the competitive landscape, specialists in Centennial are well-positioned to capitalize on evolving opportunities across various employment settings in healthcare.
About the Centennial Market
Salary estimated from Colorado average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $25,235 | $12.14 |
| Lower Range (P25) | $30,019 | $14.43 |
| Median (P50)(typical) | $36,676 | $17.63 |
| Upper Range (P75) | $45,892 | $22.06 |
| Top Earners (P90) | $56,847 | $27.33 |
Median Salary Position
20.85% above the national average
2026 Salary Percentile Distribution in Centennial
In Centennial, CO, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $31,612 (2026 est.). At $36,676, the local median is 20.85% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Centennial: You'd be in the lower-middle range
How Centennial Medical Billing and Coding Specialist Pay Compares
Centennial median: $36,676/year (2026)
| Compared To | Median Salary | Centennial Pays |
|---|---|---|
| Colorado Average | $32,601 | +12.50% more |
| National Average | $30,349 | +20.85% more |
Medical Billing and Coding Specialists in Centennial, CO earn a median of $36,676 per year (2026 est.), which is 20.85% higher than the national median of $30,349 and 12.50% above the Colorado state average of $32,601.
Cost-of-Living Adjusted Salary
Centennial has a cost of living 5.00% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Centennial, CO has a cost-of-living index of 105 (above the national average of 100). While the nominal salary of $36,676 is competitive, the higher cost of living reduces purchasing power to an effective $34,930 — a 4.76% reduction.
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2021 BLS Actual
$32,704
2025 BLS Actual
$35,844
2026 Current Est.
$36,676
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Centennial (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $32,704 | Actual |
| 2022 | $33,068 | Actual |
| 2023 | $34,190 | Actual |
| 2024 | $58,862 | Actual |
| 2025 | $35,844 | Actual |
| 2026(current) | $36,676 | Estimated |
| 2027 | $37,526 | Projected |
Based on 5 years of BLS OEWS data for the Centennial metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $32,704 (2021) to $35,844 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $37,526 by 2027 — a total increase of $4,822 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Centennial 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $25,235 – $30,019 |
| 3-5 years (Mid Career) | $30,019 – $36,676 |
| 5+ years (Experienced) | $36,676 – $45,892 |
| 10+ years (Top Earner) | $45,892 – $56,847 |
MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.
Medical Billing and Coding Specialist Job Market in Centennial
With a current employment figure of 16 individuals in the field, the strength of Centennial's job market for medical billing and coding specialists remains notable, especially considering the cost of living index at 105. While this index indicates that living expenses are slightly higher than the national average, it also underscores the necessity for competitive salaries to maintain a comfortable standard of living. Employers that tend to pay the highest salaries include physician group practice coding offices, hospital inpatient coding departments, and consulting firms. The disparity in compensation is influenced by factors such as specialty—particularly in inpatient CCS and risk adjustment coding—as well as credentials like CPC and CCS. For those looking to maximize their pay, focusing on additional certifications and negotiating productivity bonuses can offer tangible benefits in this competitive market.
More salary data for Centennial, CO:
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
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 BLS reported a median annual salary of $35,844 for medical billing and coding specialistsin the Centennial metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Centennial 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