Medical Billing and Coding Specialist Salary in Woodbury, MN: $17,566 (2026)
Quick Answer:A full-time medical billing and coding specialist in Woodbury, MN earns a median $17,566/year (≈ $8.44/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Woodbury's price level (1% below national, BEA RPP 98.5), that paycheck buys what $17,834 would nationally. Nominal pay sits 1.3% above the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Woodbury, Minnesota can expect to see a median annual salary of $17,566, which is significantly less than the national median of $30,349 for the same year. The salary ranges from $12,729 at the 10th percentile to $27,227 at the 90th percentile, reflecting varying levels of expertise and job roles in the industry. Achieving certifications like Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC) can enhance earning potential over time, as each credential opens doors to specialized roles. In a market where the projected annual growth rate stands at 2.32%, it is evident that professionals with additional qualifications are in a better position to capture opportunities in Woodbury's evolving job landscape.
About the Woodbury Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $12,729 | $6.12 |
| Lower Range (P25) | $14,821 | $7.12 |
| Median (P50)(typical) | $17,566 | $8.44 |
| Upper Range (P75) | $22,091 | $10.62 |
| Top Earners (P90) | $27,227 | $13.09 |
Median Salary Position
42.12% below the national average
2026 Salary Percentile Distribution in Woodbury
In Woodbury, MN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $14,498 (2026 est.). At $17,566, the local median is 42.12% below the national median of $30,349.
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At 40 hours/week in Woodbury: You'd be in the lower-middle range
How Woodbury Medical Billing and Coding Specialist Pay Compares
Woodbury median: $17,566/year (2026)
| Compared To | Median Salary | Woodbury Pays |
|---|---|---|
| Minnesota Average | $17,341 | +1.30% more |
| National Average | $30,349 | -42.12% less |
Medical Billing and Coding Specialists in Woodbury, MN earn a median of $17,566 per year (2026 est.), which is 42.12% lower than the national median of $30,349 and 1.30% above the Minnesota state average of $17,341.
Cost-of-Living Adjusted Salary
Woodbury 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.
Woodbury, MN has a cost-of-living index of 98.5 (below the national average of 100). A medical billing and coding specialist earning $17,566 nominally has purchasing power equivalent to $17,834 in an average-cost city — an effective 1.53% boost.
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2021 BLS Actual
$15,664
2025 BLS Actual
$17,168
2026 Current Est.
$17,566
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Woodbury (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $15,664 | Actual |
| 2022 | $15,839 | Actual |
| 2023 | $16,376 | Actual |
| 2024 | $53,890 | Actual |
| 2025 | $17,168 | Actual |
| 2026(current) | $17,566 | Estimated |
| 2027 | $17,974 | Projected |
Based on 5 years of BLS OEWS data for the Woodbury metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $15,664 (2021) to $17,168 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $17,974 by 2027 — a total increase of $2,310 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Woodbury 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) | $12,729 – $14,821 |
| 3-5 years (Mid Career) | $14,821 – $17,566 |
| 5+ years (Experienced) | $17,566 – $22,091 |
| 10+ years (Top Earner) | $22,091 – $27,227 |
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 Woodbury
The local market currently employs only 18 medical billing and coding specialists, indicating a concentrated workforce amidst a relatively low cost of living index of 98.5. With employers such as physician group practices, inpatient coding departments, and third-party coding companies offering varying pay scales, those who specialize in inpatient coding or have a mix of certifications can command higher salaries. The disparity in earnings across the spectrum is largely driven by factors like subspecialization, credential stacking, and employer type, suggesting that skilled professionals should strategically seek roles in high-paying contexts, such as risk adjustment coding teams within insurance companies. For those seeking to maximize their medical billing and coding specialist pay in Woodbury, securing multiple certifications while exploring remote work arrangements may prove beneficial.
More salary data for Woodbury, 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 $17,168 for medical billing and coding specialistsin the Woodbury 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 Woodbury 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