Medical Billing and Coding Specialist Salary in Hobart, IN: $27,556 (2026)
Quick Answer:A full-time medical billing and coding specialist in Hobart, IN earns a median $27,556/year (≈ $13.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Hobart's price level (9% below national, BEA RPP 91.3), that paycheck buys what $30,182 would nationally. Nominal pay sits 4.0% below the Indiana state average.
Based on BLS state-level estimates · View source

For those considering a career as a medical billing and coding specialist in Hobart, Indiana, the projected median annual salary stands at $27,556 in 2026. This figure reflects a competitive pay scale when compared to the national median of $30,349, placing local earnings approximately 9.20% lower. The salary range for professionals in this field spans from $21,224 at the 10th percentile to $42,597 at the 90th percentile, which suggests that while initial earnings may be modest, there is significant potential for advancement based on experience and specialization. These figures are derived from estimates based on 2025 BLS OEWS data, projected to 2026, incorporating state-level adjustments influenced by the cost of living.
About the Hobart Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $21,224 | $10.20 |
| Lower Range (P25) | $23,553 | $11.33 |
| Median (P50)(typical) | $27,556 | $13.25 |
| Upper Range (P75) | $34,630 | $16.65 |
| Top Earners (P90) | $42,597 | $20.47 |
Median Salary Position
9.2% below the national average
2026 Salary Percentile Distribution in Hobart
In Hobart, IN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $21,373 (2026 est.). At $27,556, the local median is 9.2% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Hobart: You'd be in the lower-middle range
How Hobart Medical Billing and Coding Specialist Pay Compares
Hobart median: $27,556/year (2026)
| Compared To | Median Salary | Hobart Pays |
|---|---|---|
| Indiana Average | $28,704 | -4.00% less |
| National Average | $30,349 | -9.20% less |
Medical Billing and Coding Specialists in Hobart, IN earn a median of $27,556 per year (2026 est.), which is 9.20% lower than the national median of $30,349 and 4.00% below the Indiana state average of $28,704.
Cost-of-Living Adjusted Salary
Hobart 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.
Hobart, IN has a cost-of-living index of 91.3 (below the national average of 100). A medical billing and coding specialist earning $27,556 nominally has purchasing power equivalent to $30,182 in an average-cost city — an effective 9.53% boost.
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2021 BLS Actual
$24,572
2025 BLS Actual
$26,931
2026 Current Est.
$27,556
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Hobart (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $24,572 | Actual |
| 2022 | $24,846 | Actual |
| 2023 | $25,688 | Actual |
| 2024 | $40,332 | Actual |
| 2025 | $26,931 | Actual |
| 2026(current) | $27,556 | Estimated |
| 2027 | $28,195 | Projected |
Based on 5 years of BLS OEWS data for the Hobart metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $24,572 (2021) to $26,931 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $28,195 by 2027 — a total increase of $3,623 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Hobart 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) | $21,224 – $23,553 |
| 3-5 years (Mid Career) | $23,553 – $27,556 |
| 5+ years (Experienced) | $27,556 – $34,630 |
| 10+ years (Top Earner) | $34,630 – $42,597 |
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 Hobart
Hobart's job market currently employs seven medical billing and coding specialists, offering a glimpse into a niche profession that is steadily growing. With a cost-of-living index of 91.3, local professionals may find that their take-home salaries afford a reasonable purchasing power relative to living expenses. When evaluating potential employers, physician group practices and hospital inpatient coding departments may offer the highest compensation. The variance in pay is often driven by factors such as specialty focus—where inpatient CCS coding tends to be more lucrative than outpatient CPC—and credentials, with combinations like CPC, CCS, and CRC significantly boosting salary prospects. Additionally, performance incentives such as productivity bonuses for charts coded per hour can further enhance earnings. For those aiming to maximize their medical billing and coding specialist pay in Hobart, investing in continuous education and obtaining multiple credentials aligned with high-demand areas, such as risk adjustment coding, could be vital for career growth.
More salary data for Hobart, 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 $26,931 for medical billing and coding specialistsin the Hobart 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 Hobart 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