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Average Medical Records Specialists Salary in East Kentucky nonmetropolitan area

In the East Kentucky nonmetropolitan area, Medical Records Specialists earn an average annual salary of $40,110. This figure is notably lower than the national average of $55,480, reflecting regional economic factors and the specific demands of the local healthcare landscape. The lower average salary is often tied to the cost of living and the overall economic structure of nonmetropolitan regions.

Executive Summary

  • Average Salary: $40,110 per year.
  • Growth Trend: Salaries have shifted 11.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,090.
  • Outlook: The job market for Medical Records Specialists in East Kentucky, while modest in size with a total local workforce of 280, shows a significant concentration. The Location Quotient of 2.5 indicates that this profession is more than twice as common here compared to the national average, suggesting a robust demand relative to the available workforce. This concentration implies that while the absolute number of jobs might be smaller, the relative importance and demand for these roles within the local economy are substantial.
2024 Market Data

Salary Overview

$40,110

The average Medical Records Specialists in East Kentucky nonmetropolitan area earns-27.7%below the national average.

BreakdownBased on 40h/week
Hourly

$19.3

Weekly

$771

Monthly

$3,343

Medical Records Specialists Salary Distribution in East Kentucky nonmetropolitan area

Experience plays a crucial role in salary progression for Medical Records Specialists. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect significantly higher compensation. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential as specialists gain expertise and take on more responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$25,160$12.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$30,083$14.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$38,680$18.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$50,138$24.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$53,090$25.5

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$40,110

Gross Pay

Real Wage (Purchasing Power)

$40,110

Adjusted for COL (100)

The nominal average annual salary of $40,110 in East Kentucky aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national average. Therefore, the lower nominal salary is effectively balanced by the stable cost of living in the region.

Job Market Context

280

Total Jobs

3.043

Per 1K Jobs

2.5

Location Quotient

Major Hub

East Kentucky nonmetropolitan area has 2.5x the national concentration of Medical Records Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 2.5, East Kentucky demonstrates a significantly higher concentration of Medical Records Specialists than the national average. This indicates a strong local demand for these professionals relative to the general workforce. The market is not necessarily saturated, but rather specialized, with a greater proportion of the local employment dedicated to this field, suggesting good opportunities for those with the requisite skills.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near East Kentucky nonmetropolitan area

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in East Kentucky nonmetropolitan area?

The median annual salary for a Medical Records Specialists in East Kentucky nonmetropolitan area is $40,110. This typically ranges from $25,160 for entry-level positions to $53,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Kentucky nonmetropolitan area is 27.7% lower than the national median of $55,480.

Is East Kentucky nonmetropolitan area a lucrative place for Medical Records Specialists?

No, it is not a lucrative place compared to the national average.The average salary of $40,110 is substantially lower than the national average of $55,480. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is East Kentucky nonmetropolitan area a good place to live for Medical Records Specialists?

The Cost of Living Index in East Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($50,610) and Elizabethtown, KY.

How does the concentration of Medical Records Specialists in East Kentucky compare nationally?

The Location Quotient of 2.5 signifies that Medical Records Specialists are more than twice as concentrated in East Kentucky compared to the national average, indicating a higher relative demand for this profession in the region.

What is the total number of Medical Records Specialists in East Kentucky?

There are approximately 280 Medical Records Specialists employed in the East Kentucky nonmetropolitan area.

Does experience impact salary for Medical Records Specialists in East Kentucky?

Yes, experience significantly influences salary. Entry-level roles pay less, while senior specialists with advanced skills and a proven track record can command higher earnings, reflecting career progression.

How does the cost of living affect the salary of Medical Records Specialists in East Kentucky?

The cost of living in East Kentucky is at the national average (100). This means the lower nominal salary of $40,110 provides purchasing power equivalent to the national average, mitigating the impact of the lower pay rate.

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 East Kentucky nonmetropolitan area area with a job density of 3.043 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.