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Average Medical Records Specialists Salary in Evansville, IN

Medical Records Specialists in Evansville, IN, earn an average annual salary of $47,260. This figure is notably below the national average of $55,480, reflecting localized economic factors and demand within the region. The specific pay rates in Evansville are influenced by the local job market dynamics and the cost of living.

Executive Summary

  • Average Salary: $47,260 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,610.
  • Outlook: With a total local workforce of 370 Medical Records Specialists, Evansville presents a concentrated job market. The Location Quotient of 2.25 indicates a significantly higher concentration of these roles compared to the national average, suggesting robust local demand and a specialized employment landscape for this profession.
2024 Market Data

Salary Overview

$47,260

The average Medical Records Specialists in Evansville, IN earns-14.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$909

Monthly

$3,938

Medical Records Specialists Salary Distribution in Evansville, IN

Career progression for Medical Records Specialists in Evansville typically involves moving from entry-level positions to more senior roles, which are compensated at higher salary percentiles. The gap between starting salaries and those earned by experienced professionals signifies opportunities for advancement and increased earning potential as skills and responsibilities grow.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$36,380$17.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$35,445$17
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$47,130$22.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$59,075$28.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$60,610$29.1

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$47,260

Gross Pay

Real Wage (Purchasing Power)

$47,260

Adjusted for COL (100)

The average annual salary of $47,260 in Evansville, IN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Medical Records Specialist's salary in Evansville is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

370

Total Jobs

2.741

Per 1K Jobs

2.25

Location Quotient

Major Hub

Evansville, IN has 2.3x 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.

The Location Quotient of 2.25 for Medical Records Specialists in Evansville signifies a substantial concentration of these jobs relative to the national average. This indicates a competitive market where employers may have a strong need for these professionals, potentially leading to more specialized roles and opportunities within the local healthcare sector.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Evansville, IN

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Evansville, IN?

The median annual salary for a Medical Records Specialists in Evansville, IN is $47,260. This typically ranges from $36,380 for entry-level positions to $60,610 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Evansville, IN is 14.8% lower than the national median of $55,480.

Is Evansville, IN a lucrative place for Medical Records Specialists?

No, but it offers good value.While the average salary of $47,260 is below the national average, the cost of living in Evansville is also at the national average. This balance means your earnings may not stretch as far as in lower cost-of-living areas, but the overall financial stability is comparable.

Is Evansville, IN a good place to live for Medical Records Specialists?

The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Evansville, IN?

Some top paying nearby cities include Owensboro, KY ($45,280) and Paducah, KY-IL.

How does Evansville's Medical Records Specialist salary compare to the national average?

The average salary for Medical Records Specialists in Evansville, IN, is $47,260, which is lower than the national average of $55,480.

What is the concentration of Medical Records Specialists in Evansville?

Evansville has a Location Quotient of 2.25 for Medical Records Specialists, indicating a concentration more than double the national average.

How does the cost of living in Evansville affect salary perception?

With a Cost of Living Index of 100, Evansville's cost of living is average. This means the $47,260 salary has purchasing power equivalent to the national average.

What does the job market look like for Medical Records Specialists in Evansville?

The market is robustly concentrated, with 2.741 jobs per 1,000 workers and a high Location Quotient, suggesting strong local demand for these specialists.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Evansville, IN area with a job density of 2.741 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.