Medical Billing and Coding Specialist Salary in Lakewood, OH: $28,200 (2026)
Quick Answer:A full-time medical billing and coding specialist in Lakewood, OH earns a median $28,200/year (≈ $13.56/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Lakewood's price level (9% below national, BEA RPP 90.7), that paycheck buys what $31,092 would nationally. Nominal pay sits 0.5% below the Ohio state average.
Based on BLS state-level estimates · View source
With a projected median annual salary of $28,200 in 2026, the compensation for medical billing and coding specialists in Lakewood, Ohio, is slightly below the national median of $30,349. This local median represents a salary range from $19,603 at the 10th percentile to $43,711 at the 90th percentile, reflecting the varied experience and skill levels within the profession. These estimates, derived from state-level BLS data and adjusted for regional cost factors, highlight a competitive market, especially as remote work adoption has broadened employment opportunities. Given the prominence of health care providers in the region, specialists in Lakewood may find numerous pathways to advance their careers and income potential.
About the Lakewood Market
Salary estimated from Ohio average ($48,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $19,603 | $9.42 |
| Lower Range (P25) | $23,171 | $11.14 |
| Median (P50)(typical) | $28,200 | $13.56 |
| Upper Range (P75) | $35,416 | $17.03 |
| Top Earners (P90) | $43,711 | $21.02 |
Median Salary Position
7.08% below the national average
2026 Salary Percentile Distribution in Lakewood
In Lakewood, OH, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $24,108 (2026 est.). At $28,200, the local median is 7.08% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Lakewood: You'd be in the lower-middle range
How Lakewood Medical Billing and Coding Specialist Pay Compares
Lakewood median: $28,200/year (2026)
| Compared To | Median Salary | Lakewood Pays |
|---|---|---|
| Ohio Average | $28,342 | -0.50% less |
| National Average | $30,349 | -7.08% less |
Medical Billing and Coding Specialists in Lakewood, OH earn a median of $28,200 per year (2026 est.), which is 7.08% lower than the national median of $30,349 and 0.50% below the Ohio state average of $28,342.
Cost-of-Living Adjusted Salary
Lakewood has a cost of living 9.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lakewood, OH has a cost-of-living index of 90.7 (below the national average of 100). A medical billing and coding specialist earning $28,200 nominally has purchasing power equivalent to $31,092 in an average-cost city — an effective 10.26% boost.
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2021 BLS Actual
$25,147
2025 BLS Actual
$27,561
2026 Current Est.
$28,200
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Lakewood (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $25,147 | Actual |
| 2022 | $25,427 | Actual |
| 2023 | $26,289 | Actual |
| 2024 | $43,316 | Actual |
| 2025 | $27,561 | Actual |
| 2026(current) | $28,200 | Estimated |
| 2027 | $28,855 | Projected |
Based on 5 years of BLS OEWS data for the Lakewood metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $25,147 (2021) to $27,561 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $28,855 by 2027 — a total increase of $3,708 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Lakewood 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) | $19,603 – $23,171 |
| 3-5 years (Mid Career) | $23,171 – $28,200 |
| 5+ years (Experienced) | $28,200 – $35,416 |
| 10+ years (Top Earner) | $35,416 – $43,711 |
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 Lakewood
The local job market employs just 11 medical billing and coding specialists, an indicator of a relatively niche workforce that may limit competition between providers. With a cost-of-living index of 90.7, Lakewood presents a more affordable environment compared to the national average. This factor positively impacts the effective buying power of medical billing and coding specialist pay in Lakewood, OH. Employers such as physician group practices and payer companies often offer higher compensation, especially for those with advanced credentials like CPC or CCS. Factors influencing the salary spread include specialization – with inpatient coding often commanding higher wages than outpatient roles – as well as credentials. Maximizing pay in this market can effectively be achieved through ongoing education, such as obtaining risk adjustment credentials, and pursuing remote positions, which generally offer more flexibility and higher earning potential.
More salary data for Lakewood, OH:
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 $27,561 for medical billing and coding specialistsin the Lakewood 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 Lakewood 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