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Average Medical Records Specialists Salary in New York

Medical Records Specialists in New York earn an impressive average annual salary of $64,550, significantly surpassing the national average of $55,480. This elevated compensation is largely driven by New York's robust healthcare sector and the higher operational costs associated with maintaining a skilled workforce in a major economic hub.

Executive Summary

  • Average Salary: $64,550 per year.
  • Growth Trend: Salaries have shifted 16.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,910.
  • Outlook: With a local workforce of 8,510 Medical Records Specialists, New York demonstrates a substantial presence in this field. The Location Quotient of 0.73 suggests a slightly lower concentration of these roles compared to the national average, indicating a potentially stable demand that may not be oversaturated, offering a solid job market for dedicated professionals.
2024 Market Data

Salary Overview

$64,550

The average Medical Records Specialists in New York earns+16.3%above the national average.

BreakdownBased on 40h/week
Hourly

$31

Weekly

$1,241

Monthly

$5,379

Medical Records Specialists Salary Distribution in New York

Career progression for Medical Records Specialists in New York typically sees a notable salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries well above the average. The widening percentile gaps clearly signify significant earning potential as one advances through junior, mid-level, and senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$40,260$19.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$48,413$23.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$59,750$28.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$80,688$38.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$98,910$47.6

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$64,550

Gross Pay

Real Wage (Purchasing Power)

$51,599

Adjusted for COL (125.1)

While the nominal salary of $64,550 appears attractive, New York's Cost of Living Index of 125.1 means that this salary's purchasing power is reduced compared to national averages. Professionals relocating to New York should factor in that everyday expenses, from housing to transportation, will be approximately 25% higher than the national baseline, impacting the effective take-home value of their earnings.

Job Market Context

8,510

Total Jobs

0.892

Per 1K Jobs

0.73

Location Quotient

Below Average

New York has 0.73x 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.

A Location Quotient of 0.73 indicates that Medical Records Specialists are employed in New York at a rate slightly below the national average per worker. This suggests that while the state has a significant number of these roles, the market is not disproportionately concentrated here, implying a healthy balance between job availability and the professional pool, potentially leading to competitive hiring environments.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near New York

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in New York?

The median annual salary for a Medical Records Specialists in New York is $64,550. This typically ranges from $40,260 for entry-level positions to $98,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 16.3% higher than the national median of $55,480.

Is New York a lucrative place for Medical Records Specialists?

Yes, New York offers lucrative opportunities for Medical Records Specialists.The average salary of $64,550 significantly exceeds the national average, and while the cost of living is higher, the nominal pay reflects strong demand within the state's extensive healthcare system.

Is New York a good place to live for Medical Records Specialists?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($55,720) and Kingston, NY.

How does New York's Medical Records Specialist salary compare to the national average?

The average annual salary for Medical Records Specialists in New York is $64,550, which is considerably higher than the national average of $55,480.

What is the concentration of Medical Records Specialists in New York?

New York has a Location Quotient of 0.73 for Medical Records Specialists, indicating a concentration slightly below the national average.

How does the cost of living affect the Medical Records Specialist salary in New York?

With a Cost of Living Index of 125.1, New York's higher expenses mean that the $64,550 salary has less purchasing power than it would in a location with a lower cost of living.

What is the total number of Medical Records Specialists in New York?

There are approximately 8,510 Medical Records Specialists employed within New York State.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,510 employees in the New York area with a job density of 0.892 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.