Average Medical Records Specialists Salary in Lakeland-Winter Haven, FL
In Lakeland-Winter Haven, FL, Medical Records Specialists earn an average annual salary of $48,880. This figure is notably below the national average of $55,480, suggesting that local market dynamics, such as demand and the cost of labor, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $48,880 per year.
- Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,560.
- Outlook: The local job market for Medical Records Specialists in Lakeland-Winter Haven, FL, appears stable, with a total workforce of 330 individuals. The Location Quotient of 1.05 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady, albeit not rapidly expanding, demand for these professionals within the area.
Salary Overview
The average Medical Records Specialists in Lakeland-Winter Haven, FL earns-11.9%below the national average.
$23.5
$940
$4,073
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for Lakeland-Winter Haven is not provided, it's reasonable to assume that salaries for Medical Records Specialists have seen gradual growth over the past four years, mirroring national trends. Economic factors and increasing healthcare demands typically drive modest annual increases in compensation for specialized roles.
Medical Records Specialists Salary Distribution in Lakeland-Winter Haven, FL
Career progression for Medical Records Specialists in Lakeland-Winter Haven, FL, is typically marked by increasing salary levels. Entry-level positions will command lower wages, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, with higher percentiles reflecting advanced expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $31,820 | $15.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $36,660 | $17.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $44,910 | $21.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $61,100 | $29.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $73,560 | $35.4 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$48,880
Gross Pay
Real Wage (Purchasing Power)
$48,880
Adjusted for COL (100)
With a Cost of Living Index of 100, Lakeland-Winter Haven, FL, is perfectly aligned with the national average. This means the nominal salary of $48,880 for Medical Records Specialists offers purchasing power equivalent to the national median, providing a stable financial foundation for residents.
Job Market Context
330
Total Jobs
1.28
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Lakeland-Winter Haven, FL has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
The Location Quotient of 1.05 for Medical Records Specialists in Lakeland-Winter Haven, FL, signifies a slightly more concentrated job market than the national average. This suggests that while the demand is present and perhaps a bit more robust locally, the competition for roles might be moderately higher, or the availability of talent is well-matched to the needs.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| North Florida nonmetropolitan area Medical Records Specialists Salary | $44,680↓ 9% | 26 mi |
| South Florida nonmetropolitan area Medical Records Specialists Salary | $49,390↑ 1% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Medical Records Specialists Salary | $54,520↑ 12% | 32 mi |
| Orlando-Kissimmee-Sanford, FL Medical Records Specialists Salary | $48,990↑ 0% | 48 mi |
| Wildwood-The Villages, FL Medical Records Specialists Salary | $42,850↓ 12% | 50 mi |
Comparing salaries near Lakeland-Winter Haven, FL
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Lakeland-Winter Haven, FL?
The median annual salary for a Medical Records Specialists in Lakeland-Winter Haven, FL is $48,880. This typically ranges from $31,820 for entry-level positions to $73,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 11.9% lower than the national median of $55,480.
Is Lakeland-Winter Haven, FL a lucrative place for Medical Records Specialists?
No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average salary for Medical Records Specialists in Lakeland-Winter Haven, FL, is below the national median. This indicates that the role is not exceptionally high-paying in this specific region compared to the rest of the country.
Is Lakeland-Winter Haven, FL a good place to live for Medical Records Specialists?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($44,680) and South Florida nonmetropolitan area.
How does the Lakeland-Winter Haven salary compare to the national average?
The average annual salary for Medical Records Specialists in Lakeland-Winter Haven, FL, is $48,880, which is lower than the national average of $55,480.
What is the concentration of Medical Records Specialists in Lakeland-Winter Haven, FL?
The Location Quotient is 1.05, indicating a slightly higher concentration of Medical Records Specialists in Lakeland-Winter Haven, FL, compared to the national average.
How does the cost of living in Lakeland-Winter Haven, FL affect salary perception?
The Cost of Living Index in Lakeland-Winter Haven, FL, is 100, which is the national average. Therefore, the $48,880 salary has purchasing power equivalent to the national average.
What does the total local workforce number imply for job seekers?
With a total local workforce of 330 Medical Records Specialists, the market is of a moderate size, suggesting a stable number of opportunities but potentially less turnover than in larger metropolitan areas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Lakeland-Winter Haven, FL area with a job density of 1.28 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 Lakeland-Winter Haven, FL
- All Occupations Salary in Lakeland-Winter Haven, FL
- Transportation and Material Moving Occupations Salary in Lakeland-Winter Haven, FL
- Office and Administrative Support Occupations Salary in Lakeland-Winter Haven, FL
- Sales and Related Occupations Salary in Lakeland-Winter Haven, FL
- Food Preparation and Serving Related Occupations Salary in Lakeland-Winter Haven, FL
- Healthcare Practitioners and Technical Occupations Salary in Lakeland-Winter Haven, FL
- Management Occupations Salary in Lakeland-Winter Haven, FL
- Stockers and Order Fillers Salary in Lakeland-Winter Haven, FL
- Business and Financial Operations Occupations Salary in Lakeland-Winter Haven, FL
- Production Occupations Salary in Lakeland-Winter Haven, FL
- Browse All Jobs in Lakeland-Winter Haven, FL →
Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in Lakeland-Winter Haven, FL