Average Medical Records Specialists Salary in Central Kentucky nonmetropolitan area
In the Central Kentucky nonmetropolitan area, Medical Records Specialists earn an average annual salary of $44,720. This figure is notably below the national average of $55,480, reflecting the economic dynamics and potentially lower demand for specialized roles in non-urbanized regions. The compensation is often influenced by the local economic structure and the cost of living specific to the area.
Executive Summary
- Average Salary: $44,720 per year.
- Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,950.
- Outlook: With a total local workforce of 260 Medical Records Specialists, the job market in Central Kentucky exhibits a concentration slightly above the national average, indicated by a Location Quotient of 1.24. This suggests a moderately higher presence of these professionals relative to the national distribution, implying a stable, albeit not rapidly expanding, demand within the region's healthcare infrastructure.
Salary Overview
The average Medical Records Specialists in Central Kentucky nonmetropolitan area earns-19.4%below the national average.
$21.5
$860
$3,727
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for Central Kentucky is not provided, it is generally assumed that salaries for Medical Records Specialists nationwide have seen a consistent, modest growth over the past four years, driven by increasing healthcare needs and technological advancements in record management. This trend likely extends to the Central Kentucky region, with incremental salary adjustments reflecting local economic conditions and inflation.
Medical Records Specialists Salary Distribution in Central Kentucky nonmetropolitan area
Career progression for Medical Records Specialists typically involves a significant salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries well above the average. The percentile gaps in salary distribution clearly signify the financial rewards associated with accumulating expertise and advancing within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $30,690 | $14.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $33,540 | $16.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $42,550 | $20.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $55,900 | $26.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $62,950 | $30.3 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$44,720
Gross Pay
Real Wage (Purchasing Power)
$44,720
Adjusted for COL (100)
The average annual salary of $44,720 in Central Kentucky aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the effective financial standing comparable.
Job Market Context
260
Total Jobs
1.513
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
The Location Quotient of 1.24 indicates that Medical Records Specialists are 24% more concentrated in Central Kentucky than the national average. This suggests a slightly more competitive job market for these professionals within the region, where the supply may be meeting or slightly exceeding demand, influencing salary levels.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Medical Records Specialists Salary | $50,610↑ 13% | 28 mi |
| Elizabethtown, KY Medical Records Specialists Salary | $51,410↑ 15% | 66 mi |
| Louisville/Jefferson County, KY-IN Medical Records Specialists Salary | $55,390↑ 24% | 72 mi |
| Cincinnati, OH-KY-IN Medical Records Specialists Salary | $56,540↑ 26% | 100 mi |
Comparing salaries near Central Kentucky nonmetropolitan area
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Central Kentucky nonmetropolitan area?
The median annual salary for a Medical Records Specialists in Central Kentucky nonmetropolitan area is $44,720. This typically ranges from $30,690 for entry-level positions to $62,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Kentucky nonmetropolitan area is 19.4% lower than the national median of $55,480.
Is Central Kentucky nonmetropolitan area a lucrative place for Medical Records Specialists?
No, it is not considered a highly lucrative place.The average salary of $44,720 is significantly lower than the national average of $55,480, indicating less financial reward compared to other regions.
Is Central Kentucky nonmetropolitan area a good place to live for Medical Records Specialists?
The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($50,610) and Elizabethtown, KY.
How does the local salary compare to the national average?
The average salary for Medical Records Specialists in Central Kentucky is $44,720, which is $10,760 less than the national average of $55,480.
What is the significance of the Location Quotient (LQ) of 1.24?
An LQ of 1.24 means that Medical Records Specialists are 24% more concentrated in Central Kentucky than the national average, suggesting a slightly higher availability of these professionals in the local job market.
How does the Cost of Living affect the salary in Central Kentucky?
With a Cost of Living Index of 100 (matching the national average), the $44,720 salary in Central Kentucky offers purchasing power equivalent to the national average, despite being a lower nominal figure.
What is the total number of Medical Records Specialists in this region?
There are approximately 260 Medical Records Specialists employed in the Central Kentucky 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 260 employees in the Central Kentucky nonmetropolitan area area with a job density of 1.513 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Medical Records Specialists Salaries by State
Top Jobs in Central Kentucky nonmetropolitan area
- All Occupations Salary in Central Kentucky nonmetropolitan area
- Production Occupations Salary in Central Kentucky nonmetropolitan area
- Office and Administrative Support Occupations Salary in Central Kentucky nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Central Kentucky nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Central Kentucky nonmetropolitan area
- Sales and Related Occupations Salary in Central Kentucky nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Central Kentucky nonmetropolitan area
- Management Occupations Salary in Central Kentucky nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Central Kentucky nonmetropolitan area
- Business and Financial Operations Occupations Salary in Central Kentucky nonmetropolitan area
- Browse All Jobs in Central Kentucky nonmetropolitan area →
Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in Central Kentucky nonmetropolitan area