Average Medical Records Specialists Salary in Cape Coral-Fort Myers, FL
In Cape Coral-Fort Myers, FL, Medical Records Specialists earn an average annual salary of $50,770. This figure is slightly below the national average of $55,480, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the area's healthcare sector. While the nominal salary may seem lower, it's crucial to consider the local economic environment when evaluating earning potential.
Executive Summary
- Average Salary: $50,770 per year.
- Growth Trend: Salaries have shifted 15.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,760.
- Outlook: The Cape Coral-Fort Myers area supports a dedicated workforce of 420 Medical Records Specialists. With a Location Quotient of 1.15, the concentration of these roles is slightly higher than the national average, suggesting a stable, albeit not rapidly expanding, demand for these professionals within the local job market. The presence of 1.402 jobs per 1,000 workers further underscores a consistent need for skilled individuals in this field.
Salary Overview
The average Medical Records Specialists in Cape Coral-Fort Myers, FL earns-8.5%below the national average.
$24.4
$976
$4,231
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 Cape Coral-Fort Myers have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for healthcare services, and the evolving complexity of medical record management, leading to modest but steady salary increases.
Medical Records Specialists Salary Distribution in Cape Coral-Fort Myers, FL
Salary progression for Medical Records Specialists in Cape Coral-Fort Myers typically correlates with experience and specialization. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with advanced skills in areas like health information management or data analysis can command significantly higher salaries. The percentile gaps between junior and senior roles reflect the value placed on accumulated knowledge and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $36,670 | $17.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $38,078 | $18.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $45,990 | $22.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $63,463 | $30.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $67,760 | $32.6 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$50,770
Gross Pay
Real Wage (Purchasing Power)
$50,770
Adjusted for COL (100)
The average annual salary of $50,770 in Cape Coral-Fort Myers aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Records Specialist's salary in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
420
Total Jobs
1.402
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Cape Coral-Fort Myers, FL has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
A Location Quotient of 1.15 indicates that Medical Records Specialists are slightly more concentrated in the Cape Coral-Fort Myers area than the national average. This suggests a healthy, competitive job market where employers actively seek qualified candidates, but it does not necessarily imply an oversupply or undersupply of talent. Professionals can expect a moderate level of competition for available positions.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Punta Gorda, FL Medical Records Specialists Salary | $45,600↓ 10% | 18 mi |
| North Port-Bradenton-Sarasota, FL Medical Records Specialists Salary | $48,830↓ 4% | 31 mi |
| Naples-Marco Island, FL Medical Records Specialists Salary | $49,590↓ 2% | 36 mi |
| Sebring, FL Medical Records Specialists Salary | $47,430↓ 7% | 67 mi |
| North Florida nonmetropolitan area Medical Records Specialists Salary | $44,680↓ 12% | 80 mi |
Comparing salaries near Cape Coral-Fort Myers, FL
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Frequently Asked Questions
How much does a Medical Records Specialists make in Cape Coral-Fort Myers, FL?
The median annual salary for a Medical Records Specialists in Cape Coral-Fort Myers, FL is $50,770. This typically ranges from $36,670 for entry-level positions to $67,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cape Coral-Fort Myers, FL is 8.5% lower than the national median of $55,480.
Is Cape Coral-Fort Myers, FL a lucrative place for Medical Records Specialists?
Yes, it offers a balanced financial environment.While the average salary is slightly below the national average, the Cost of Living also matches the national average, resulting in comparable purchasing power. The slightly higher concentration of roles suggests consistent demand.
Is Cape Coral-Fort Myers, FL a good place to live for Medical Records Specialists?
The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cape Coral-Fort Myers, FL?
Some top paying nearby cities include Punta Gorda, FL ($45,600) and North Port-Bradenton-Sarasota, FL.
How does experience impact a Medical Records Specialist's salary in Cape Coral-Fort Myers?
Experience is a key driver of salary growth. Entry-level specialists earn less, while those with several years of experience and specialized skills can significantly increase their earning potential, moving into higher salary percentiles.
What is the job outlook for Medical Records Specialists in this region?
The outlook is stable, with a concentration slightly above the national average. This indicates a consistent demand for these professionals to manage the growing volume of healthcare data.
How does the local salary compare to the national average?
The average salary of $50,770 in Cape Coral-Fort Myers is approximately 8.5% lower than the national average of $55,480.
Is the Cost of Living a significant factor for Medical Records Specialists in Cape Coral-Fort Myers?
No, the Cost of Living Index is exactly at the national average (100), meaning the local salary provides purchasing power equivalent to the national standard.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Cape Coral-Fort Myers, FL area with a job density of 1.402 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 Cape Coral-Fort Myers, FL