Medical Billing and Coding Specialist Salary in Goshen, IN: $26,340 (2026)
Quick Answer:A full-time medical billing and coding specialist in Goshen, IN earns a median $26,340/year (≈ $12.67/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Goshen's price level (9% below national, BEA RPP 91.3), that paycheck buys what $28,850 would nationally. Nominal pay sits 8.2% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, a medical billing and coding specialist in Goshen, Indiana, can expect a median annual salary of $26,340, which is significantly lower than the national median of $30,349. The local salary range spans from $20,107 at the 10th percentile to $40,504 at the 90th percentile, reflecting varying levels of expertise and certifications. Credential stacking—obtaining multiple industry certifications such as the CPC, CCS, and CRC—can enhance lifetime earning potential, making specialists more competitive. These estimates are derived from 2025 BLS state-level data and adjusted for regional cost factors. While Goshen's pay may appear modest, the employment landscape offers opportunities, especially with the evolving nature of healthcare coding practices favoring specialized skill sets.
About the Goshen Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $20,107 | $9.67 |
| Lower Range (P25) | $22,966 | $11.04 |
| Median (P50)(typical) | $26,340 | $12.67 |
| Upper Range (P75) | $32,974 | $15.85 |
| Top Earners (P90) | $40,504 | $19.47 |
Median Salary Position
13.21% below the national average
2026 Salary Percentile Distribution in Goshen
In Goshen, IN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $20,397 (2026 est.). At $26,340, the local median is 13.21% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Goshen: You'd be in the lower-middle range
How Goshen Medical Billing and Coding Specialist Pay Compares
Goshen median: $26,340/year (2026)
| Compared To | Median Salary | Goshen Pays |
|---|---|---|
| Indiana Average | $28,693 | -8.20% less |
| National Average | $30,349 | -13.21% less |
Medical Billing and Coding Specialists in Goshen, IN earn a median of $26,340 per year (2026 est.), which is 13.21% lower than the national median of $30,349 and 8.20% below the Indiana state average of $28,693.
Cost-of-Living Adjusted Salary
Goshen has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Goshen, IN has a cost-of-living index of 91.3 (below the national average of 100). A medical billing and coding specialist earning $26,340 nominally has purchasing power equivalent to $28,850 in an average-cost city — an effective 9.53% boost.
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2021 BLS Actual
$23,488
2025 BLS Actual
$25,743
2026 Current Est.
$26,340
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Goshen (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $23,488 | Actual |
| 2022 | $23,750 | Actual |
| 2023 | $24,555 | Actual |
| 2024 | $40,163 | Actual |
| 2025 | $25,743 | Actual |
| 2026(current) | $26,340 | Estimated |
| 2027 | $26,951 | Projected |
Based on 5 years of BLS OEWS data for the Goshen metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $23,488 (2021) to $25,743 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $26,951 by 2027 — a total increase of $3,463 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Goshen 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) | $20,107 – $22,966 |
| 3-5 years (Mid Career) | $22,966 – $26,340 |
| 5+ years (Experienced) | $26,340 – $32,974 |
| 10+ years (Top Earner) | $32,974 – $40,504 |
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 Goshen
Goshen's job market features a small pool of six employed medical billing and coding specialists, signifying a tightly-knit community within this profession. With a cost-of-living index of 91.3, living expenses here are reduced compared to the national average, which helps stretch earnings further. Healthcare institutions such as physician group practices and hospitals typically offer competitive pay, often associated with inpatient coding and more complex coding tasks. The range in salaries can be attributed to factors such as specialty focus, credential acquisitions, and potential bonuses tied to productivity. Those looking to maximize their medical billing and coding specialist pay in Goshen should consider pursuing advanced certifications and seeking employment with third-party coding companies that offer remote work opportunities, which can also lead to enhanced flexibility and benefits in this evolving field.
More salary data for Goshen, IN:
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 $25,743 for medical billing and coding specialistsin the Goshen 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 Goshen 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