Medical Billing and Coding Specialist Salary in Schenectady, NY: $32,430 (2026)
Quick Answer:A full-time medical billing and coding specialist in Schenectady, NY earns a median $32,430/year (≈ $15.59/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Schenectady's price level (16% above national, BEA RPP 115.9), that paycheck buys what $27,981 would nationally. Nominal pay sits 5.9% above the New York state average.
Based on BLS state-level estimates · View source
In Schenectady, NY, the projected median annual salary for a medical billing and coding specialist is $32,430 for the year 2026, which is notably higher than the national median of $30,349. Salaries in this field can range from $23,753 at the 10th percentile to $50,267 at the 90th percentile, highlighting a significant disparity in compensation based on experience and specialization. These figures are based on estimates derived from 2025 BLS data along with local cost adjustments, which reflect the area's economic conditions and cost of living. As telecommuting continues to reshape the job market, opportunities for hybrid or fully remote positions in Schenectady are likely to impact salary dynamics, making this a pivotal time for aspiring medical billing and coding specialists in the region.
About the Schenectady Market
Salary estimated from New York average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $23,753 | $11.42 |
| Lower Range (P25) | $27,553 | $13.25 |
| Median (P50)(typical) | $32,430 | $15.59 |
| Upper Range (P75) | $41,511 | $19.95 |
| Top Earners (P90) | $50,267 | $24.17 |
Median Salary Position
6.86% above the national average
2026 Salary Percentile Distribution in Schenectady
In Schenectady, NY, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $26,514 (2026 est.). At $32,430, the local median is 6.86% above the national median of $30,349.
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At 40 hours/week in Schenectady: You'd be in the lower-middle range
How Schenectady Medical Billing and Coding Specialist Pay Compares
Schenectady median: $32,430/year (2026)
| Compared To | Median Salary | Schenectady Pays |
|---|---|---|
| New York Average | $30,624 | +5.90% more |
| National Average | $30,349 | +6.86% more |
Medical Billing and Coding Specialists in Schenectady, NY earn a median of $32,430 per year (2026 est.), which is 6.86% higher than the national median of $30,349 and 5.90% above the New York state average of $30,624.
Cost-of-Living Adjusted Salary
Schenectady has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Schenectady, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $32,430 is competitive, the higher cost of living reduces purchasing power to an effective $27,981 — a 13.72% reduction.
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2021 BLS Actual
$28,918
2025 BLS Actual
$31,695
2026 Current Est.
$32,430
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Schenectady (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $28,918 | Actual |
| 2022 | $29,241 | Actual |
| 2023 | $30,232 | Actual |
| 2024 | $65,104 | Actual |
| 2025 | $31,695 | Actual |
| 2026(current) | $32,430 | Estimated |
| 2027 | $33,183 | Projected |
Based on 5 years of BLS OEWS data for the Schenectady metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $28,918 (2021) to $31,695 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,183 by 2027 — a total increase of $4,265 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Schenectady 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) | $23,753 – $27,553 |
| 3-5 years (Mid Career) | $27,553 – $32,430 |
| 5+ years (Experienced) | $32,430 – $41,511 |
| 10+ years (Top Earner) | $41,511 – $50,267 |
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 Schenectady
With only 16 medical billing and coding specialists currently employed in Schenectady, the local job market remains somewhat limited, which can affect competition and job security. The cost-of-living index in the area stands at 115.9, indicating that residents may face higher expenses compared to the national average. This reality underscores the importance of maximizing take-home pay, particularly for those in the field. Employers offering the highest wages in Schenectady include physician group practices, hospital inpatient coding departments, and third-party coding companies that support remote work. The variances in salaries stem from factors such as the complexity of the specialist's role, credentialing (holding multiple certifications can lead to better pay), and performance incentives like productivity bonuses for efficient coding. Professionals in this market should ensure they stay current with coding standards, pursue certification paths through AAPC or AHIMA, and explore opportunities in high-demand areas like risk adjustment or HCC coding to enhance their earning potential.
More salary data for Schenectady, NY:
Frequently Asked Questions
How much do medical billing and coding specialists make in Schenectady, NY in 2026?
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Can medical billing and coding specialists make $100K in Schenectady?
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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 $31,695 for medical billing and coding specialistsin the Schenectady 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 Schenectady 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