Average Medical Records Specialists Salary in Fayetteville, NC
Medical Records Specialists in Fayetteville, NC, earn an average annual salary of $53,430. This figure is slightly below the national average of $55,480, a common occurrence in markets where local economic factors and demand dynamics influence compensation. The specific pay in Fayetteville is shaped by the interplay of local industry needs and the available talent pool.
Executive Summary
- Average Salary: $53,430 per year.
- Growth Trend: Salaries have shifted 12.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,740.
- Outlook: The job market for Medical Records Specialists in Fayetteville, NC, shows a notable concentration, with a Location Quotient of 1.7, indicating a demand that is 70% higher than the national average. Supported by a local workforce of 270 professionals, this suggests a robust and stable job market with ongoing opportunities for skilled individuals in this field.
Salary Overview
The average Medical Records Specialists in Fayetteville, NC earns-3.7%below the national average.
$25.7
$1,028
$4,453
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for Fayetteville is not provided, it is generally observed that salaries for Medical Records Specialists nationwide have seen consistent growth over the past four years. This upward trend is driven by increasing healthcare demands, the digitization of records, and the critical role these specialists play in maintaining data integrity and compliance, suggesting a positive outlook for local compensation as well.
Medical Records Specialists Salary Distribution in Fayetteville, NC
Career progression for Medical Records Specialists in Fayetteville, NC, is typically marked by increasing salary potential. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average. The widening percentile gaps reflect the value placed on expertise and tenure in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $35,170 | $16.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $40,073 | $19.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $49,710 | $23.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $66,788 | $32.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $77,740 | $37.4 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$53,430
Gross Pay
Real Wage (Purchasing Power)
$53,430
Adjusted for COL (100)
The nominal average salary of $53,430 for Medical Records Specialists in Fayetteville, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of higher living expenses.
Job Market Context
270
Total Jobs
2.069
Per 1K Jobs
1.7
Location Quotient
Fayetteville, NC has 1.7x 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 1.7, Fayetteville, NC, demonstrates a significantly higher concentration of Medical Records Specialists compared to the national average. This suggests a strong local demand for these professionals, making the job market relatively competitive but also abundant with opportunities for those seeking employment or career advancement in this specialized role.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Pinehurst-Southern Pines, NC Medical Records Specialists Salary | $42,000↓ 21% | 29 mi |
| Raleigh-Cary, NC Medical Records Specialists Salary | $62,400↑ 17% | 55 mi |
| Eastern North Carolina nonmetropolitan area Medical Records Specialists Salary | $42,390↓ 21% | 60 mi |
| Western North Carolina nonmetropolitan area Medical Records Specialists Salary | $47,050↓ 12% | 60 mi |
| Central North Carolina nonmetropolitan area Medical Records Specialists Salary | $48,120↓ 10% | 60 mi |
Comparing salaries near Fayetteville, NC
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Fayetteville, NC?
The median annual salary for a Medical Records Specialists in Fayetteville, NC is $53,430. This typically ranges from $35,170 for entry-level positions to $77,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville, NC is 3.7% lower than the national median of $55,480.
Is Fayetteville, NC a lucrative place for Medical Records Specialists?
Yes, with a caveat.Fayetteville, NC offers a stable job market for Medical Records Specialists with a strong concentration of roles. While the average salary is slightly below the national average, the cost of living is also at the national average, maintaining comparable purchasing power.
Is Fayetteville, NC a good place to live for Medical Records Specialists?
The Cost of Living Index in Fayetteville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville, NC?
Some top paying nearby cities include Pinehurst-Southern Pines, NC ($42,000) and Raleigh-Cary, NC.
How does experience affect a Medical Records Specialist's salary in Fayetteville?
Experience significantly impacts earnings. Entry-level specialists earn less, while those with several years of experience and specialized skills can command higher salaries, reflecting increased responsibility and expertise.
What is the job outlook for Medical Records Specialists in Fayetteville?
The outlook is positive, indicated by a Location Quotient of 1.7, suggesting a higher demand relative to the national average. The local workforce of 270 professionals also points to a stable market.
Does the cost of living in Fayetteville impact the Medical Records Specialist salary?
No, the cost of living in Fayetteville is at the national average (100). This means the average salary of $53,430 offers a purchasing power equivalent to the national average, making it neither unusually high nor low in real terms.
How does Fayetteville's Medical Records Specialist job market compare nationally?
Fayetteville has a higher concentration of Medical Records Specialists than the national average, with a Location Quotient of 1.7. This indicates a more robust local market for this profession compared to the rest of the country.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Fayetteville, NC area with a job density of 2.069 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 Fayetteville, NC