Average Medical Records Specialists Salary in Baltimore-Columbia-Towson, MD
In the Baltimore-Columbia-Towson, MD metropolitan area, Medical Records Specialists command an impressive average annual salary of $69,090. This figure significantly surpasses the national average of $55,480, indicating a strong local demand and potentially higher compensation expectations for these vital healthcare support professionals. The localized economic factors and healthcare industry concentration within this region likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $69,090 per year.
- Growth Trend: Salaries have shifted 24.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,870.
- Outlook: The local job market for Medical Records Specialists in Baltimore-Columbia-Towson, MD, appears robust, with a total workforce of 1,690 individuals. The Location Quotient of 1.04 suggests a slightly higher concentration of these roles compared to the national average, implying a stable and potentially growing demand for skilled professionals in this sector within the region.
Salary Overview
The average Medical Records Specialists in Baltimore-Columbia-Towson, MD earns+24.5%above the national average.
$33.2
$1,329
$5,758
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical Records Specialists in Baltimore-Columbia-Towson, MD, have experienced steady growth over the past four years, mirroring national trends in the healthcare sector. Increased reliance on accurate and efficient medical record management, coupled with inflation, typically drives upward salary adjustments for specialized roles.
Medical Records Specialists Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Medical Records Specialists in Baltimore-Columbia-Towson, MD, is typically marked by increasing earning potential. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command salaries significantly higher than the average. The percentile gaps in salary distribution highlight the substantial rewards for advancing one's career and expertise in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $43,540 | $20.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $51,818 | $24.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $62,540 | $30.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $86,363 | $41.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $107,870 | $51.9 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$69,090
Gross Pay
Real Wage (Purchasing Power)
$69,090
Adjusted for COL (100)
The average annual salary of $69,090 for Medical Records Specialists in Baltimore-Columbia-Towson, MD, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, suggesting that your earnings will go as far in this region as they would on a national level, without any significant adjustment needed for living expenses.
Job Market Context
1,690
Total Jobs
1.263
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Baltimore-Columbia-Towson, MD has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
With a Location Quotient of 1.04, the Baltimore-Columbia-Towson, MD market exhibits a slightly higher concentration of Medical Records Specialists than the national average. This indicates a healthy, competitive job market where demand is present and slightly more pronounced than in other areas, offering good opportunities for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Medical Records Specialists Salary | $54,340↓ 21% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Medical Records Specialists Salary | $62,810↓ 9% | 35 mi |
| York-Hanover, PA Medical Records Specialists Salary | $47,080↓ 32% | 47 mi |
| Gettysburg, PA Medical Records Specialists Salary | $48,650↓ 30% | 50 mi |
| Lancaster, PA Medical Records Specialists Salary | $49,040↓ 29% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Medical Records Specialists in Baltimore-Columbia-Towson, MD is $69,090. This typically ranges from $43,540 for entry-level positions to $107,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 24.5% higher than the national median of $55,480.
Is Baltimore-Columbia-Towson, MD a lucrative place for Medical Records Specialists?
Yes.Medical Records Specialists in Baltimore-Columbia-Towson, MD, earn an average of $69,090 annually, which is notably higher than the national average. Coupled with a Cost of Living Index at the national average, this salary offers strong purchasing power.
Is Baltimore-Columbia-Towson, MD a good place to live for Medical Records Specialists?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($54,340) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Baltimore-Columbia-Towson, MD salary compare to the national average?
The average salary for Medical Records Specialists in Baltimore-Columbia-Towson, MD, is $69,090, which is approximately $13,610 higher than the national average of $55,480.
What is the significance of the Location Quotient (LQ) for Medical Records Specialists in this area?
An LQ of 1.04 indicates that Medical Records Specialists are slightly more concentrated in the Baltimore-Columbia-Towson, MD area compared to the national average, suggesting a slightly stronger local demand or a more established presence of the profession.
How does the Cost of Living in Baltimore-Columbia-Towson, MD affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $69,090 salary in Baltimore-Columbia-Towson, MD, has purchasing power equivalent to the national average, without being significantly eroded by higher living expenses.
What is the total number of Medical Records Specialists in the Baltimore-Columbia-Towson, MD area?
There are approximately 1,690 Medical Records Specialists employed within the Baltimore-Columbia-Towson, MD metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,690 employees in the Baltimore-Columbia-Towson, MD area with a job density of 1.263 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD