Average Medical Records Specialists Salary in Milwaukee-Waukesha, WI
In Milwaukee-Waukesha, WI, Medical Records Specialists earn an average annual salary of $60,990, surpassing the national average of $55,480. This elevated compensation reflects the specific demands and economic landscape of the region, indicating a strong local market for these vital healthcare professionals. The concentration of roles and local economic factors contribute to this favorable pay.
Executive Summary
- Average Salary: $60,990 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,270.
- Outlook: The Milwaukee-Waukesha area supports a robust job market for Medical Records Specialists, with a total local workforce of 1,040 individuals in this role. The Location Quotient of 1.04 suggests a slightly higher concentration of these jobs compared to the national average, indicating steady demand and a stable employment environment for professionals in this field.
Salary Overview
The average Medical Records Specialists in Milwaukee-Waukesha, WI earns+9.9%above the national average.
$29.3
$1,173
$5,083
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical Records Specialists in Milwaukee-Waukesha have seen consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, evolving data management technologies, and inflation likely contribute to a positive salary trajectory for these professionals.
Medical Records Specialists Salary Distribution in Milwaukee-Waukesha, WI
Career progression for Medical Records Specialists in Milwaukee-Waukesha typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear path for career and earning potential growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $46,670 | $22.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $45,743 | $22 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $61,440 | $29.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $76,238 | $36.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $77,270 | $37.1 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$60,990
Gross Pay
Real Wage (Purchasing Power)
$60,990
Adjusted for COL (100)
The average annual salary of $60,990 in Milwaukee-Waukesha, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Medical Records Specialist's salary in this area is equivalent to the national standard, offering a stable financial outlook without significant adjustment needed for daily expenses.
Job Market Context
1,040
Total Jobs
1.272
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Milwaukee-Waukesha, WI has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
With a Location Quotient of 1.04, the Milwaukee-Waukesha job market for Medical Records Specialists is slightly more concentrated than the national average. This indicates a healthy, competitive environment where demand is present and potentially growing, offering good opportunities for skilled professionals without being oversaturated.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Medical Records Specialists Salary | $55,330↓ 9% | 25 mi |
| Kenosha, WI Medical Records Specialists Salary | $56,780↓ 7% | 33 mi |
| Sheboygan, WI Medical Records Specialists Salary | $54,870↓ 10% | 48 mi |
| Janesville-Beloit, WI Medical Records Specialists Salary | $57,550↓ 6% | 59 mi |
Comparing salaries near Milwaukee-Waukesha, WI
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Milwaukee-Waukesha, WI?
The median annual salary for a Medical Records Specialists in Milwaukee-Waukesha, WI is $60,990. This typically ranges from $46,670 for entry-level positions to $77,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 9.9% higher than the national median of $55,480.
Is Milwaukee-Waukesha, WI a lucrative place for Medical Records Specialists?
Yes, Milwaukee-Waukesha, WI offers a lucrative environment for Medical Records Specialists.The average salary of $60,990 is higher than the national average, and the cost of living is exactly at the national average, providing strong purchasing power.
Is Milwaukee-Waukesha, WI a good place to live for Medical Records Specialists?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($55,330) and Kenosha, WI.
How does the number of Medical Records Specialists in Milwaukee compare to the national average?
Milwaukee-Waukesha has 1.272 Medical Records Specialists per 1,000 workers, which is slightly above the national average, indicating a solid presence in the local healthcare sector.
What is the total number of Medical Records Specialists in Milwaukee-Waukesha?
There are approximately 1,040 Medical Records Specialists employed within the Milwaukee-Waukesha, WI area.
Does experience significantly impact a Medical Records Specialist's salary in Milwaukee?
Yes, experience is a key factor, with entry-level roles earning less and senior positions commanding higher salaries, reflecting a typical career progression.
How does the cost of living in Milwaukee-Waukesha affect salary expectations?
The cost of living is at the national average (100), meaning the $60,990 salary provides purchasing power equivalent to the national median, making it a stable financial choice.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,040 employees in the Milwaukee-Waukesha, WI area with a job density of 1.272 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 Milwaukee-Waukesha, WI