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Average Medical Records Specialists Salary in Louisville/Jefferson County, KY-IN

In Louisville/Jefferson County, KY-IN, Medical Records Specialists earn an average annual salary of $55,390. This figure is remarkably close to the national average of $55,480, indicating a stable and competitive compensation landscape for this vital role within the region. Local economic factors and the specific demand for healthcare administrative professionals contribute to this alignment.

Executive Summary

  • Average Salary: $55,390 per year.
  • Growth Trend: Salaries have shifted 22.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,160.
  • Outlook: The local job market for Medical Records Specialists in Louisville/Jefferson County, KY-IN appears robust, with a total workforce of 1,400 individuals. The Location Quotient of 1.68 signifies a concentration of these roles significantly above the national average, suggesting a strong and potentially growing demand for skilled professionals in this sector within the area.
2024 Market Data

Salary Overview

$55,390

The average Medical Records Specialists in Louisville/Jefferson County, KY-IN earns-0.2%below the national average.

BreakdownBased on 40h/week
Hourly

$26.6

Weekly

$1,065

Monthly

$4,616

Medical Records Specialists Salary Distribution in Louisville/Jefferson County, KY-IN

Career progression for Medical Records Specialists in Louisville/Jefferson County, KY-IN typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and years of service can command salaries in the higher percentiles, reflecting their expertise and value to healthcare organizations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$37,770$18.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$41,543$20
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$57,520$27.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$69,238$33.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$77,160$37.1

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$55,390

Gross Pay

Real Wage (Purchasing Power)

$55,390

Adjusted for COL (100)

With a Cost of Living Index of 100, Louisville/Jefferson County, KY-IN offers a cost of living that is precisely at the national average. This means the nominal average salary of $55,390 for Medical Records Specialists holds its purchasing power directly in line with the national standard, providing a predictable financial experience for residents.

Job Market Context

1,400

Total Jobs

2.047

Per 1K Jobs

1.68

Location Quotient

Major Hub

Louisville/Jefferson County, KY-IN 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.

The Location Quotient of 1.68 for Medical Records Specialists in Louisville/Jefferson County, KY-IN indicates a market where this profession is 68% more concentrated than the national average. This suggests a healthy and active job market with potentially more opportunities and a higher demand relative to the general workforce compared to other regions.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Louisville/Jefferson County, KY-IN

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Louisville/Jefferson County, KY-IN?

The median annual salary for a Medical Records Specialists in Louisville/Jefferson County, KY-IN is $55,390. This typically ranges from $37,770 for entry-level positions to $77,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisville/Jefferson County, KY-IN is 0.2% lower than the national median of $55,480.

Is Louisville/Jefferson County, KY-IN a lucrative place for Medical Records Specialists?

Yes, it is a competitive place for Medical Records Specialists.The average salary is on par with the national average, and the cost of living is also at the national average, indicating stable earning potential. Furthermore, the higher concentration of these roles suggests strong local demand.

Is Louisville/Jefferson County, KY-IN a good place to live for Medical Records Specialists?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Louisville/Jefferson County, KY-IN?

Some top paying nearby cities include Elizabethtown, KY ($51,410) and Columbus, IN.

How does the Louisville/Jefferson County, KY-IN salary compare to the national average?

The average annual salary for Medical Records Specialists in Louisville/Jefferson County, KY-IN is $55,390, which is very close to the national average of $55,480.

What is the cost of living in Louisville/Jefferson County, KY-IN for Medical Records Specialists?

The cost of living index in Louisville/Jefferson County, KY-IN is 100, which is exactly the national average. This means your salary will have the same purchasing power as it would nationally.

Is there high demand for Medical Records Specialists in Louisville/Jefferson County, KY-IN?

Yes, the Location Quotient of 1.68 indicates that Medical Records Specialists are more concentrated in this area than the national average, suggesting strong local demand.

How many Medical Records Specialists work in Louisville/Jefferson County, KY-IN?

There are approximately 1,400 Medical Records Specialists employed in the Louisville/Jefferson County, KY-IN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,400 employees in the Louisville/Jefferson County, KY-IN area with a job density of 2.047 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.