Medical Billing and Coding Specialist Salary in Collierville, TN: $28,195 (2026)
Quick Answer:A full-time medical billing and coding specialist in Collierville, TN earns a median $28,195/year (≈ $13.56/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Collierville's price level (8% below national, BEA RPP 91.8), that paycheck buys what $30,714 would nationally. Nominal pay sits 0.2% above the Tennessee state average.
Based on BLS state-level estimates · View source
In 2026, medical billing and coding specialists in Collierville, TN, can expect a median annual salary of $28,195, which is roughly 7.10% lower than the national figure of $30,349. Local salaries span a range from $19,816 at the 10th percentile to $43,372 at the 90th percentile, reflecting the diverse opportunities available in this field. Professionals starting as Certified Professional Coders (CPC) and advancing to Certified Coding Specialists (CCS) and Certified Risk Adjustment Coders (CRC) can unlock substantial lifetime earning potential. The estimates presented here reflect data from 2025 BLS projections, adjusted for the local cost of living and market conditions, providing valuable insight for those pursuing this career pathway in Collierville's evolving healthcare landscape.
About the Collierville Market
Salary estimated from Tennessee average ($44,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $19,816 | $9.53 |
| Lower Range (P25) | $23,416 | $11.26 |
| Median (P50)(typical) | $28,195 | $13.56 |
| Upper Range (P75) | $35,659 | $17.14 |
| Top Earners (P90) | $43,372 | $20.85 |
Median Salary Position
7.1% below the national average
2026 Salary Percentile Distribution in Collierville
In Collierville, TN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $23,556 (2026 est.). At $28,195, the local median is 7.1% below the national median of $30,349.
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At 40 hours/week in Collierville: You'd be in the lower-middle range
How Collierville Medical Billing and Coding Specialist Pay Compares
Collierville median: $28,195/year (2026)
| Compared To | Median Salary | Collierville Pays |
|---|---|---|
| Tennessee Average | $28,139 | +0.20% more |
| National Average | $30,349 | -7.10% less |
Medical Billing and Coding Specialists in Collierville, TN earn a median of $28,195 per year (2026 est.), which is 7.10% lower than the national median of $30,349 and 0.20% above the Tennessee state average of $28,139.
Cost-of-Living Adjusted Salary
Collierville has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Collierville, TN has a cost-of-living index of 91.8 (below the national average of 100). A medical billing and coding specialist earning $28,195 nominally has purchasing power equivalent to $30,714 in an average-cost city — an effective 8.93% boost.
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2021 BLS Actual
$25,142
2025 BLS Actual
$27,556
2026 Current Est.
$28,195
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Collierville (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $25,142 | Actual |
| 2022 | $25,422 | Actual |
| 2023 | $26,284 | Actual |
| 2024 | $40,482 | Actual |
| 2025 | $27,556 | Actual |
| 2026(current) | $28,195 | Estimated |
| 2027 | $28,849 | Projected |
Based on 5 years of BLS OEWS data for the Collierville metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $25,142 (2021) to $27,556 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $28,849 by 2027 — a total increase of $3,707 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Collierville 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) | $19,816 – $23,416 |
| 3-5 years (Mid Career) | $23,416 – $28,195 |
| 5+ years (Experienced) | $28,195 – $35,659 |
| 10+ years (Top Earner) | $35,659 – $43,372 |
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 Collierville
The local job market shows limited competition, with only eight medical billing and coding specialists currently employed in Collierville. With a cost-of-living index of 91.8, professionals may find that their salaries stretch farther than in many other regions, boosting take-home purchasing power despite lower wage figures. Employers such as physician group practices, hospital inpatient coding departments, and remote third-party coding companies often offer the most lucrative positions. Pay differentials arise from various factors, including medical specialty, credential stacking, compliance auditing demands, and productivity bonuses tied to chart coding efficiency. For those eager to maximize their earnings in Collierville, obtaining multiple certifications from recognized bodies like AAPC or AHIMA, particularly in high-demand areas like risk adjustment coding, can create a strategic advantage in a market where remote work options are increasingly prevalent.
More salary data for Collierville, TN:
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 $27,556 for medical billing and coding specialistsin the Collierville 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 Collierville 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