Medical Billing and Coding Specialist Salary in Milwaukee, WI: $39,007 (2026)
Quick Answer:A full-time medical billing and coding specialist in Milwaukee, WI earns a median $39,007/year (≈ $18.76/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Milwaukee's price level (3% below national, BEA RPP 96.9), that paycheck buys what $40,240 would nationally. Nominal pay sits 11.3% above the Wisconsin state average.
Official BLS data · View source
In 2026, the median annual salary for a medical billing and coding specialist in Milwaukee is projected to be $39,007, significantly exceeding the national median of $30,349 by 28.53%. These specialists earn salaries that range from $28,023 at the lower end (P10) to $47,483 at the higher end (P90), reflecting the varying levels of expertise and responsibilities within the industry. This data is derived from official BLS OEWS surveys and paints a robust picture of the local market. Milwaukee's job market in this sector is expanding, which is bolstered by recent trends toward remote work, thus widening the competitive landscape for talent and compensation.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,023 | $13.48 |
| Lower Range (P25) | $30,847 | $14.83 |
| Median (P50)(typical) | $39,007 | $18.76 |
| Upper Range (P75) | $44,509 | $21.40 |
| Top Earners (P90) | $47,483 | $22.83 |
Median Salary Position
28.53% above the national average
2026 Salary Percentile Distribution in Milwaukee
In Milwaukee, WI, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $19,460 (2026 est.). At $39,007, the local median is 28.53% above the national median of $30,349.
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At 40 hours/week in Milwaukee: You'd be above the median
How Milwaukee Medical Billing and Coding Specialist Pay Compares
Milwaukee median: $39,007/year (2026)
| Compared To | Median Salary | Milwaukee Pays |
|---|---|---|
| Wisconsin Average | $35,047 | +11.30% more |
| National Average | $30,349 | +28.53% more |
Medical Billing and Coding Specialists in Milwaukee, WI earn a median of $39,007 per year (2026 est.), which is 28.53% higher than the national median of $30,349 and 11.30% above the Wisconsin state average of $35,047.
Cost-of-Living Adjusted Salary
Milwaukee has a cost of living 3.06% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Milwaukee, WI has a cost-of-living index of 96.937 (below the national average of 100). A medical billing and coding specialist earning $39,007 nominally has purchasing power equivalent to $40,240 in an average-cost city — an effective 3.16% boost.
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2021 BLS Actual
$48,350
2025 BLS Actual
$38,123
2026 Current Est.
$39,007
2021–2027 Growth
+-17.5%
Salary Trajectory for Medical Billing and Coding Specialists in Milwaukee (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $48,350 | Actual |
| 2022 | $50,620 | Actual |
| 2023 | $58,060 | Actual |
| 2024 | $61,440 | Actual |
| 2025 | $38,123 | Actual |
| 2026(current) | $39,007 | Estimated |
| 2027 | $39,912 | Projected |
Based on 5 years of BLS OEWS data for the Milwaukee metropolitan area, the median medical billing and coding specialist salary grew -21.2% from $48,350 (2021) to $38,123 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $39,912 by 2027 — a total increase of $-8,438 (-17.45%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Milwaukee 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) | $28,023 – $30,847 |
| 3-5 years (Mid Career) | $30,847 – $39,007 |
| 5+ years (Experienced) | $39,007 – $44,509 |
| 10+ years (Top Earner) | $44,509 – $47,483 |
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 Milwaukee
The local demand for medical billing and coding specialists remains strong, with approximately 750 professionals employed in the Milwaukee area. The cost of living index, currently at 96.937, suggests that residents enjoy a relatively affordable lifestyle compared to the national average, allowing for better take-home purchasing power despite varying salaries. Notable employers that offer higher compensation include hospital inpatient coding departments and third-party coding companies, particularly those embracing remote work arrangements. Factors contributing to salary discrepancies range from specialty focus—such as inpatient CCS versus outpatient CPC—to credential stacking and productivity bonuses. For those looking to maximize their medical billing and coding specialist pay in Milwaukee, it is advisable to pursue advanced certifications, consider opportunities in high-demand areas, and leverage remote work options to enhance earning potential.
More salary data for Milwaukee, WI:
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 $38,123 for medical billing and coding specialistsin the Milwaukee 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
Source: BLS, OEWS, 5-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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