Average Medical Records Specialists Salary in Montgomery, AL
In Montgomery, AL, Medical Records Specialists earn an average annual salary of $44,840. This figure is notably below the national average of $55,480, suggesting that local market dynamics and potentially a different cost structure influence compensation in this region. While the specific factors driving this difference are complex, they often include local demand, the presence of specific healthcare institutions, and the overall economic landscape of the area.
Executive Summary
- Average Salary: $44,840 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,690.
- Outlook: The job market for Medical Records Specialists in Montgomery, AL, appears stable, with a total local workforce of 200 individuals in this role. The Location Quotient of 1.01 indicates a concentration of these professionals that is very close to the national average, suggesting a steady, albeit not exceptionally high, demand for their services within the local economy.
Salary Overview
The average Medical Records Specialists in Montgomery, AL earns-19.2%below the national average.
$21.6
$862
$3,737
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for Montgomery, AL is not provided, it is reasonable to assume that salaries for Medical Records Specialists have seen gradual growth over the past four years, mirroring national trends. Economic factors, increasing healthcare demands, and the evolving nature of medical record-keeping likely contribute to a modest upward trajectory in compensation for these vital professionals.
Medical Records Specialists Salary Distribution in Montgomery, AL
Career progression for Medical Records Specialists in Montgomery, AL, typically involves a salary increase commensurate with experience. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles of the salary range. These percentile gaps are a clear indicator of the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $31,150 | $15 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $33,630 | $16.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $42,270 | $20.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $56,050 | $26.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $61,690 | $29.7 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$44,840
Gross Pay
Real Wage (Purchasing Power)
$44,840
Adjusted for COL (100)
The nominal salary of $44,840 for Medical Records Specialists in Montgomery, AL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the average salary in Montgomery is equivalent to the national average, indicating that while the salary is lower than the national average, the cost of living does not exacerbate this difference.
Job Market Context
200
Total Jobs
1.231
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Montgomery, AL has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
With a Location Quotient of 1.01, the market for Medical Records Specialists in Montgomery, AL, is neither significantly over- nor under-represented compared to the national average. This suggests a balanced job market where demand and supply are relatively stable, indicating a consistent need for these professionals without an overwhelming surplus or scarcity.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Northeast Alabama nonmetropolitan area Medical Records Specialists Salary | $37,290↓ 17% | 44 mi |
| Southeast Alabama nonmetropolitan area Medical Records Specialists Salary | $39,690↓ 11% | 44 mi |
| Northwest Alabama nonmetropolitan area Medical Records Specialists Salary | $39,040↓ 13% | 44 mi |
| Southwest Alabama nonmetropolitan area Medical Records Specialists Salary | $39,200↓ 13% | 44 mi |
| Auburn-Opelika, AL Medical Records Specialists Salary | $46,470↑ 4% | 49 mi |
Comparing salaries near Montgomery, AL
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Frequently Asked Questions
How much does a Medical Records Specialists make in Montgomery, AL?
The median annual salary for a Medical Records Specialists in Montgomery, AL is $44,840. This typically ranges from $31,150 for entry-level positions to $61,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montgomery, AL is 19.2% lower than the national median of $55,480.
Is Montgomery, AL a lucrative place for Medical Records Specialists?
No, not exceptionally lucrative compared to the national average.While Montgomery, AL, offers a stable job market for Medical Records Specialists, the average salary of $44,840 is below the national average of $55,480. However, the cost of living being at the national average means the salary's purchasing power is comparable nationally.
Is Montgomery, AL a good place to live for Medical Records Specialists?
The Cost of Living Index in Montgomery, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montgomery, AL?
Some top paying nearby cities include Northeast Alabama nonmetropolitan area ($37,290) and Southeast Alabama nonmetropolitan area.
How does the number of Medical Records Specialists in Montgomery compare nationally?
Montgomery, AL, has 1.231 Medical Records Specialists per 1,000 workers, which is very close to the national average, indicating a similar level of employment concentration.
What is the total number of Medical Records Specialists in Montgomery?
There are approximately 200 Medical Records Specialists employed in Montgomery, AL, contributing to a stable local workforce in this field.
Does experience significantly impact a Medical Records Specialist's salary in Montgomery?
Yes, experience plays a crucial role, with entry-level positions earning less and senior roles commanding higher salaries, reflecting career progression and skill development.
How does Montgomery's cost of living affect the Medical Records Specialist salary?
Montgomery's cost of living is at the national average (100), meaning the $44,840 salary has the same relative purchasing power as the national average salary across the US.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Montgomery, AL area with a job density of 1.231 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 Montgomery, AL