Medical Billing and Coding Specialist Salary in Chanhassen, MN: $17,023 (2026)
Quick Answer:A full-time medical billing and coding specialist in Chanhassen, MN earns a median $17,023/year (≈ $8.19/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Chanhassen's price level (1% below national, BEA RPP 98.5), that paycheck buys what $17,282 would nationally. Nominal pay sits 1.8% below the Minnesota state average.
Based on BLS state-level estimates · View source
The projected median annual salary for a medical billing and coding specialist in Chanhassen, Minnesota, is estimated at $17,023 for 2026. This figure is significantly below the national median of $30,349, highlighting a disparity in compensation levels. The local salary range shows that entry-level specialists can expect to earn around $12,402, while those nearing the upper end of the pay scale might earn as much as $25,997. These estimates are derived from BLS state-level data and take into account regional price parity adjustments. The job market in Chanhassen, therefore, presents unique challenges and opportunities for professionals navigating this field, particularly in light of the remote work trend that has expanded job options beyond geographical limitations.
About the Chanhassen Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $12,402 | $5.97 |
| Lower Range (P25) | $14,351 | $6.90 |
| Median (P50)(typical) | $17,023 | $8.19 |
| Upper Range (P75) | $21,201 | $10.19 |
| Top Earners (P90) | $25,997 | $12.50 |
Median Salary Position
43.91% below the national average
2026 Salary Percentile Distribution in Chanhassen
In Chanhassen, MN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $13,595 (2026 est.). At $17,023, the local median is 43.91% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Chanhassen: You'd be in the lower-middle range
How Chanhassen Medical Billing and Coding Specialist Pay Compares
Chanhassen median: $17,023/year (2026)
| Compared To | Median Salary | Chanhassen Pays |
|---|---|---|
| Minnesota Average | $17,335 | -1.80% less |
| National Average | $30,349 | -43.91% less |
Medical Billing and Coding Specialists in Chanhassen, MN earn a median of $17,023 per year (2026 est.), which is 43.91% lower than the national median of $30,349 and 1.80% below the Minnesota state average of $17,335.
Cost-of-Living Adjusted Salary
Chanhassen has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Chanhassen, MN has a cost-of-living index of 98.5 (below the national average of 100). A medical billing and coding specialist earning $17,023 nominally has purchasing power equivalent to $17,282 in an average-cost city — an effective 1.52% boost.
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2021 BLS Actual
$15,180
2025 BLS Actual
$16,637
2026 Current Est.
$17,023
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Chanhassen (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $15,180 | Actual |
| 2022 | $15,349 | Actual |
| 2023 | $15,869 | Actual |
| 2024 | $52,224 | Actual |
| 2025 | $16,637 | Actual |
| 2026(current) | $17,023 | Estimated |
| 2027 | $17,418 | Projected |
Based on 5 years of BLS OEWS data for the Chanhassen metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $15,180 (2021) to $16,637 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $17,418 by 2027 — a total increase of $2,238 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Chanhassen 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) | $12,402 – $14,351 |
| 3-5 years (Mid Career) | $14,351 – $17,023 |
| 5+ years (Experienced) | $17,023 – $21,201 |
| 10+ years (Top Earner) | $21,201 – $25,997 |
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 Chanhassen
Chanhassen's medical billing and coding job market features only four specialists currently employed in the area, indicating a niche yet stable sector. With a cost-of-living index of 98.5, the financial picture for professionals here is slightly better than the national average, but still requires careful management of take-home pay. Among the employers, those in third-party coding companies or hospitals tend to offer the highest wages. Salary variation is influenced by factors like coding specialty—where inpatient CCS roles command more than outpatient CPC positions—and the value brought by additional credentials such as CRC or CCS. Productivity bonuses can also contribute significantly to earnings. For those looking to maximize their medical billing and coding specialist pay in Chanhassen, pursuing advanced certifications through AAPC or AHIMA, focusing on high-demand areas like risk adjustment coding, and considering remote positions could enhance earnings potential significantly.
More salary data for Chanhassen, MN:
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 $16,637 for medical billing and coding specialistsin the Chanhassen 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 Chanhassen 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