Average Medical Records Specialists Salary in Chicago-Naperville-Elgin, IL-IN
In the Chicago-Naperville-Elgin, IL-IN metropolitan area, Medical Records Specialists earn an average annual salary of $56,290. This figure slightly surpasses the national average of $55,480, indicating a marginally more favorable compensation landscape in this region. Local economic factors and the specific demand within the healthcare sector likely contribute to this slight premium.
Executive Summary
- Average Salary: $56,290 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,190.
- Outlook: With a local workforce of 3,220 Medical Records Specialists, the Chicago-Naperville-Elgin area demonstrates a significant concentration of these professionals. The Location Quotient of 0.59 suggests that while the occupation is present, it is slightly less concentrated than the national average, implying a stable but not overly saturated job market. The presence of nearly 1 professional per 1,000 workers further underscores the consistent demand for these roles.
Salary Overview
The average Medical Records Specialists in Chicago-Naperville-Elgin, IL-IN earns+1.5%above the national average.
$27.1
$1,083
$4,691
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for this role in Chicago is not provided, it is reasonable to assume that salaries for Medical Records Specialists have seen consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, technological advancements in record keeping, and inflation typically drive upward salary adjustments for skilled administrative healthcare positions.
Medical Records Specialists Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression for Medical Records Specialists typically involves a salary scale that increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive knowledge of health information management systems and compliance regulations can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps clearly signify the value placed on accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $38,680 | $18.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $42,218 | $20.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $49,790 | $23.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $70,363 | $33.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $79,190 | $38.1 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$56,290
Gross Pay
Real Wage (Purchasing Power)
$56,290
Adjusted for COL (100)
The average annual salary of $56,290 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Medical Records Specialist's salary in this area is equivalent to the national standard, offering a balanced financial environment for residents.
Job Market Context
3,220
Total Jobs
0.72
Per 1K Jobs
0.59
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 0.59x the national average concentration of Medical Records Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.59 for Medical Records Specialists in Chicago-Naperville-Elgin, IL-IN indicates that the occupation is less concentrated here compared to the national average. This suggests that while there is a solid presence of these professionals, the job market may offer more opportunities for qualified candidates relative to the number of specialists already employed in the area, potentially leading to less intense competition for open positions.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Medical Records Specialists Salary | $56,780↑ 1% | 51 mi |
| Kankakee, IL Medical Records Specialists Salary | $54,150↓ 4% | 55 mi |
| Racine-Mount Pleasant, WI Medical Records Specialists Salary | $55,330↓ 2% | 59 mi |
| Niles, MI Medical Records Specialists Salary | $47,380↓ 16% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Medical Records Specialists in Chicago-Naperville-Elgin, IL-IN is $56,290. This typically ranges from $38,680 for entry-level positions to $79,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 1.5% higher than the national median of $55,480.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Medical Records Specialists?
Yes, it offers a slightly above-average salary.The average salary of $56,290 is higher than the national average, and the cost of living is on par with the national average, providing good earning potential.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Medical Records Specialists?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Kenosha, WI ($56,780) and Kankakee, IL.
How does the Chicago salary compare to the national average?
The average salary for Medical Records Specialists in Chicago-Naperville-Elgin, IL-IN is $56,290, which is slightly higher than the national average of $55,480.
What is the cost of living in Chicago-Naperville-Elgin, IL-IN for Medical Records Specialists?
The cost of living in the Chicago-Naperville-Elgin, IL-IN area is exactly at the national average, with an index of 100.
How concentrated are Medical Records Specialists in this Chicago area?
The concentration, measured by the Location Quotient, is 0.59, indicating that Medical Records Specialists are less concentrated in this area compared to the national average.
What is the total number of Medical Records Specialists in the Chicago-Naperville-Elgin, IL-IN area?
There are approximately 3,220 Medical Records Specialists employed in the Chicago-Naperville-Elgin, IL-IN 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 3,220 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.72 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 Chicago-Naperville-Elgin, IL-IN
- All Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Office and Administrative Support Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Transportation and Material Moving Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Management Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Sales and Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Food Preparation and Serving Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Business and Financial Operations Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Production Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Healthcare Practitioners and Technical Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Educational Instruction and Library Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Browse All Jobs in Chicago-Naperville-Elgin, IL-IN →
Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN