Medical Billing and Coding Specialist Salary in Colchester, VT: $16,864 (2026)
Quick Answer:A full-time medical billing and coding specialist in Colchester, VT earns a median $16,864/year (≈ $8.10/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Colchester's price level (4% above national, BEA RPP 103.5), that paycheck buys what $16,294 would nationally. Nominal pay sits 7.4% below the Vermont state average.
Based on BLS state-level estimates · View source
For those pursuing a career as a medical billing and coding specialist in Colchester, VT, the 2026 projected median salary is $16,864, which reflects a stark contrast to the national median of $30,349. The local salary landscape spans from $13,252 at the 10th percentile to $25,674 at the 90th percentile. Credential stacking can significantly boost lifetime earnings; obtaining certifications such as Certified Professional Coder (CPC), Certified Coding Specialist (CCS), and Certified Risk Adjustment Coder (CRC) adds value and depth to one’s expertise in various facets of coding. Given the healthcare industry's increasing reliance on these specialists, understanding the local job market is essential as it offers opportunities for skilled professionals to advance and increase their income potential.
About the Colchester Market
Salary estimated from Vermont average ($50,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $13,252 | $6.37 |
| Lower Range (P25) | $14,913 | $7.17 |
| Median (P50)(typical) | $16,864 | $8.10 |
| Upper Range (P75) | $21,118 | $10.15 |
| Top Earners (P90) | $25,674 | $12.34 |
Median Salary Position
44.43% below the national average
2026 Salary Percentile Distribution in Colchester
In Colchester, VT, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $12,422 (2026 est.). At $16,864, the local median is 44.43% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Colchester: You'd be in the lower-middle range
How Colchester Medical Billing and Coding Specialist Pay Compares
Colchester median: $16,864/year (2026)
| Compared To | Median Salary | Colchester Pays |
|---|---|---|
| Vermont Average | $18,212 | -7.40% less |
| National Average | $30,349 | -44.43% less |
Medical Billing and Coding Specialists in Colchester, VT earn a median of $16,864 per year (2026 est.), which is 44.43% lower than the national median of $30,349 and 7.40% below the Vermont state average of $18,212.
Cost-of-Living Adjusted Salary
Colchester has a cost of living 3.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Colchester, VT has a cost-of-living index of 103.5 (above the national average of 100). While the nominal salary of $16,864 is competitive, the higher cost of living reduces purchasing power to an effective $16,294 — a 3.38% reduction.
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2021 BLS Actual
$15,038
2025 BLS Actual
$16,482
2026 Current Est.
$16,864
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Billing and Coding Specialists in Colchester (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $15,038 | Actual |
| 2022 | $15,206 | Actual |
| 2023 | $15,721 | Actual |
| 2024 | $47,904 | Actual |
| 2025 | $16,482 | Actual |
| 2026(current) | $16,864 | Estimated |
| 2027 | $17,256 | Projected |
Based on 5 years of BLS OEWS data for the Colchester metropolitan area, the median medical billing and coding specialist salary grew 9.6% from $15,038 (2021) to $16,482 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $17,256 by 2027 — a total increase of $2,218 (14.75%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Colchester 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) | $13,252 – $14,913 |
| 3-5 years (Mid Career) | $14,913 – $16,864 |
| 5+ years (Experienced) | $16,864 – $21,118 |
| 10+ years (Top Earner) | $21,118 – $25,674 |
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 Colchester
With only four medical billing and coding specialists currently employed in the Colchester area, the job market remains tightly knit yet promising. The cost of living index at 103.5 indicates that while expenses may be higher than the national average, the demand for medical coders continues to rise, particularly in specialties such as inpatient coding and risk adjustment. Employers like physician group practices and third-party coding companies are likely to offer more competitive salaries within Colchester. The significant pay range is driven by factors including specialty focus, certification levels, compliance skills, and even the remote versus in-office work structure. For job seekers aiming to maximize their pay, pursuing additional credentials, continuously updating coding knowledge with the latest ICD-10-CM and CPT revisions, and seeking roles that involve compliance auditing or productivity bonuses could enhance their earning capacity in this market.
More salary data for Colchester, VT:
Frequently Asked Questions
How much do medical billing and coding specialists make in Colchester, VT in 2026?
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Can medical billing and coding specialists make $100K in Colchester?
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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 $16,482 for medical billing and coding specialistsin the Colchester 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 Colchester 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