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Average Medical Records Specialists Salary in Lafayette-West Lafayette, IN

The average salary for Medical Records Specialistss in Lafayette-West Lafayette, IN is $46,530. While this is lower than the national average, the cost of living in Lafayette-West Lafayette, IN may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $46,530 per year.
  • Growth Trend: Salaries have shifted 8.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,940.
  • Outlook: The current demand for Medical Records Specialistss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Lafayette-West Lafayette, IN economy.
2024 Market Data

Salary Overview

$46,530

The average Medical Records Specialists in Lafayette-West Lafayette, IN earns-16.1%below the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$895

Monthly

$3,878

Medical Records Specialists Salary Distribution in Lafayette-West Lafayette, IN

The earning potential for Medical Records Specialistss in Lafayette-West Lafayette, IN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $33,770, while highly experienced professionals can command wages upwards of $66,940.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$33,770$16.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$34,898$16.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$45,400$21.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$58,163$28
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$66,940$32.2

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$46,530

Gross Pay

Real Wage (Purchasing Power)

$46,530

Adjusted for COL (100)

In Lafayette-West Lafayette, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $46,530 to $46,530.

Job Market Context

80

Total Jobs

0.782

Per 1K Jobs

0.64

Location Quotient

Below Average

Lafayette-West Lafayette, IN has 0.64x 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.

80 people work as Medical Records Specialists in Lafayette-West Lafayette, IN.

Only 0.782 out of every 1,000 local jobs are Medical Records Specialists roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Lafayette-West Lafayette, IN?

The median annual salary for a Medical Records Specialists in Lafayette-West Lafayette, IN is $46,530. This typically ranges from $33,770 for entry-level positions to $66,940 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 16.1% lower than the national median of $55,480.

Is Lafayette-West Lafayette, IN a good place for Medical Records Specialistss?

It depends on your priorities. While the average Medical Records Specialists salary in Lafayette-West Lafayette, IN is $46,530 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lafayette-West Lafayette, IN. See distinct detailed breakdown below.

Is Lafayette-West Lafayette, IN a good place to live for Medical Records Specialists?

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

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Northern Indiana nonmetropolitan area ($52,820) and Southern Indiana 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 80 employees in the Lafayette-West Lafayette, IN area with a job density of 0.782 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.