Average Medical Records Specialists Salary in Central Indiana nonmetropolitan area
In the Central Indiana nonmetropolitan area, Medical Records Specialists earn an average annual salary of $47,740. This figure is notably below the national average of $55,480, reflecting regional economic factors and potentially a lower demand compared to more urbanized areas. The specific compensation structure in this region is influenced by local market dynamics and the overall economic landscape.
Executive Summary
- Average Salary: $47,740 per year.
- Growth Trend: Salaries have shifted 6.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,660.
- Outlook: The job market for Medical Records Specialists in Central Indiana appears stable, with a total local workforce of 280 individuals. The location quotient of 1.42 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady, albeit not booming, demand within the region.
Salary Overview
The average Medical Records Specialists in Central Indiana nonmetropolitan area earns-14.0%below the national average.
$23
$918
$3,978
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Medical Records Specialists in Central Indiana have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing healthcare demands, and the evolving complexity of health information management.
Medical Records Specialists Salary Distribution in Central Indiana nonmetropolitan area
Career progression for Medical Records Specialists in Central Indiana is typically marked by increasing salary levels. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $37,730 | $18.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $35,805 | $17.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $46,690 | $22.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $59,675 | $28.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $61,660 | $29.6 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$47,740
Gross Pay
Real Wage (Purchasing Power)
$47,740
Adjusted for COL (100)
With a Cost of Living Index of 100, Central Indiana is right at the national average. This means the nominal salary of $47,740 for Medical Records Specialists holds its purchasing power comparably to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
280
Total Jobs
1.734
Per 1K Jobs
1.42
Location Quotient
With a location quotient of 1.42, Central Indiana nonmetropolitan area has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
The Location Quotient of 1.42 for Medical Records Specialists in Central Indiana indicates a concentration of these jobs that is 42% higher than the national average. This suggests a relatively robust local market with a demand that slightly outpaces national distribution, making it a potentially favorable environment for those in the profession.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Medical Records Specialists Salary | $50,570↑ 6% | 8 mi |
| Columbus, IN Medical Records Specialists Salary | $47,840↑ 0% | 48 mi |
| Bloomington, IN Medical Records Specialists Salary | $49,770↑ 4% | 49 mi |
| Lafayette-West Lafayette, IN Medical Records Specialists Salary | $46,530↓ 3% | 50 mi |
Comparing salaries near Central Indiana nonmetropolitan area
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Central Indiana nonmetropolitan area?
The median annual salary for a Medical Records Specialists in Central Indiana nonmetropolitan area is $47,740. This typically ranges from $37,730 for entry-level positions to $61,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Indiana nonmetropolitan area is 14.0% lower than the national median of $55,480.
Is Central Indiana nonmetropolitan area a lucrative place for Medical Records Specialists?
No, not exceptionally lucrative compared to the national average.While the local concentration of jobs is slightly higher than the national average, the average salary of $47,740 is significantly below the national average of $55,480.
Is Central Indiana nonmetropolitan area a good place to live for Medical Records Specialists?
The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($50,570) and Columbus, IN.
How does the local salary compare to the national average?
The average annual salary for Medical Records Specialists in Central Indiana is $47,740, which is lower than the national average of $55,480.
What is the significance of the Location Quotient?
A Location Quotient of 1.42 means that Medical Records Specialists are more concentrated in Central Indiana than the national average, suggesting a slightly higher demand relative to the workforce size.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, Central Indiana's cost of living is average. Therefore, the $47,740 salary has a purchasing power equivalent to the national average.
What is the total number of Medical Records Specialists in this area?
There are approximately 280 Medical Records Specialists employed in the Central Indiana nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Central Indiana nonmetropolitan area area with a job density of 1.734 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 Central Indiana nonmetropolitan area