Medical Billing and Coding Specialist Salary in Racine, WI: $34,567 (2026)
Quick Answer:A full-time medical billing and coding specialist in Racine, WI earns a median $34,567/year (≈ $16.62/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Racine's price level (7% below national, BEA RPP 93.4), that paycheck buys what $37,010 would nationally. Nominal pay sits 1.3% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In 2026, the medical billing and coding specialist salary in Racine is projected to reach a median of $34,567, which is notably above the national median of $30,349. This local figure encompasses a salary range from $26,330 at the 10th percentile to $53,579 at the 90th percentile, reflecting the diversity of roles within the profession. The pay landscape varies significantly: specialists working in inpatient settings typically earn more than those in outpatient coding, highlighting the value of certifications such as Certified Coding Specialist (CCS) over outpatient-focused credentials like Certified Professional Coder (CPC). These estimates, derived from state-level BLS data and regional cost adjustments, resonate well with Racine's healthcare market, which continues to evolve with shifts toward remote coding and the increasing importance of risk adjustment and HCC coding.
About the Racine Market
Salary estimated from Wisconsin average ($48,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,330 | $12.66 |
| Lower Range (P25) | $30,128 | $14.49 |
| Median (P50)(typical) | $34,567 | $16.62 |
| Upper Range (P75) | $44,245 | $21.27 |
| Top Earners (P90) | $53,579 | $25.76 |
Median Salary Position
13.90% above the national average
2026 Salary Percentile Distribution in Racine
In Racine, WI, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $27,249 (2026 est.). At $34,567, the local median is 13.9% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Racine: You'd be in the lower-middle range
How Racine Medical Billing and Coding Specialist Pay Compares
Racine median: $34,567/year (2026)
| Compared To | Median Salary | Racine Pays |
|---|---|---|
| Wisconsin Average | $35,022 | -1.30% less |
| National Average | $30,349 | +13.90% more |
Medical Billing and Coding Specialists in Racine, WI earn a median of $34,567 per year (2026 est.), which is 13.90% higher than the national median of $30,349 and 1.30% below the Wisconsin state average of $35,022.
Cost-of-Living Adjusted Salary
Racine has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Racine, WI has a cost-of-living index of 93.4 (below the national average of 100). A medical billing and coding specialist earning $34,567 nominally has purchasing power equivalent to $37,010 in an average-cost city — an effective 7.07% boost.
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2021 BLS Actual
$58,290
2025 BLS Actual
$33,783
2026 Current Est.
$34,567
2021–2027 Growth
+-39.3%
Salary Trajectory for Medical Billing and Coding Specialists in Racine (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $58,290 | Actual |
| 2022 | $31,167 | Actual |
| 2023 | $50,200 | Actual |
| 2024 | $53,120 | Actual |
| 2025 | $33,783 | Actual |
| 2026(current) | $34,567 | Estimated |
| 2027 | $35,369 | Projected |
Based on 5 years of BLS OEWS data for the Racine metropolitan area, the median medical billing and coding specialist salary grew -42.0% from $58,290 (2021) to $33,783 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $35,369 by 2027 — a total increase of $-22,921 (-39.32%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Racine 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) | $26,330 – $30,128 |
| 3-5 years (Mid Career) | $30,128 – $34,567 |
| 5+ years (Experienced) | $34,567 – $44,245 |
| 10+ years (Top Earner) | $44,245 – $53,579 |
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 Racine
Racine's local job market currently employs 13 medical billing and coding specialists, indicating a modest yet stable presence in the healthcare sector. With a cost of living index of 93.4, the economic landscape offers a slight advantage for take-home pay, bolstering purchasing power. Among local employers, physician group practices and inpatient coding departments tend to offer the highest salaries, while remote roles with third-party coding companies are also significant contenders. The variation in medical billing and coding specialist pay in Racine can be attributed to factors like specialty focus, credentialing (a combination of CPC, CCS, and Risk Adjustment Certification), and the potential for productivity bonuses. For those looking to maximize earnings in this specific market, obtaining multiple certifications and embracing remote work opportunities can lead to higher pay brackets, especially as the healthcare industry increasingly entrusts coding roles to experienced professionals proficient in contemporary coding systems like ICD-10-CM and CPT updates.
More salary data for Racine, 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 $33,783 for medical billing and coding specialistsin the Racine 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 Racine 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