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Average Medical Records Specialists Salary in Oxnard-Thousand Oaks-Ventura, CA

Medical Records Specialists in the Oxnard-Thousand Oaks-Ventura, CA area earn an impressive average annual salary of $66,970. This figure significantly surpasses the national average of $55,480, indicating a strong local demand and potentially higher operational costs within this California region. The specialized nature of healthcare data management likely contributes to this elevated compensation.

Executive Summary

  • Average Salary: $66,970 per year.
  • Growth Trend: Salaries have shifted 20.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $116,930.
  • Outlook: With a local workforce of 340 Medical Records Specialists, the Oxnard-Thousand Oaks-Ventura, CA area demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.88 suggests that while the field is present, it is slightly less concentrated than the national average, implying a steady but not booming demand for new talent within this specific metropolitan area.
2024 Market Data

Salary Overview

$66,970

The average Medical Records Specialists in Oxnard-Thousand Oaks-Ventura, CA earns+20.7%above the national average.

BreakdownBased on 40h/week
Hourly

$32.2

Weekly

$1,288

Monthly

$5,581

Medical Records Specialists Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA

The career trajectory for Medical Records Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive knowledge of electronic health records, data privacy, and compliance can command salaries in the upper percentiles. These percentile gaps clearly signify the value placed on accumulated expertise and specialized skills in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$41,690$20
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$50,228$24.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$53,740$25.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$83,713$40.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$116,930$56.2

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$66,970

Gross Pay

Real Wage (Purchasing Power)

$66,970

Adjusted for COL (100)

For Medical Records Specialists considering a move to Oxnard-Thousand Oaks-Ventura, CA, the nominal salary of $66,970 aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is comparable to the national average, offering a stable financial outlook without the immediate pressure of a significantly higher or lower cost of living.

Job Market Context

340

Total Jobs

1.073

Per 1K Jobs

0.88

Location Quotient

Below Average

Oxnard-Thousand Oaks-Ventura, CA has 0.88x 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.

The Location Quotient of 0.88 for Medical Records Specialists in Oxnard-Thousand Oaks-Ventura, CA indicates a job market that is slightly less concentrated than the national average. This suggests that while the demand is present and the average salary is competitive, the market is not saturated, potentially offering good opportunities for skilled professionals without facing intense competition from a disproportionately large local workforce.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA

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Frequently Asked Questions

How much does a Medical Records Specialists make in Oxnard-Thousand Oaks-Ventura, CA?

The median annual salary for a Medical Records Specialists in Oxnard-Thousand Oaks-Ventura, CA is $66,970. This typically ranges from $41,690 for entry-level positions to $116,930 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 20.7% higher than the national median of $55,480.

Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Medical Records Specialists?

Yes, it is a lucrative place for Medical Records Specialists.The average salary of $66,970 is notably higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Medical Records Specialists?

The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?

Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($65,570) and Bakersfield-Delano, CA.

How does the Oxnard-Thousand Oaks-Ventura, CA salary compare to the national average?

Medical Records Specialists in Oxnard-Thousand Oaks-Ventura, CA earn an average of $66,970 annually, which is $11,490 more than the national average of $55,480.

What is the cost of living impact on the Medical Records Specialist salary in this area?

With a Cost of Living Index of 100, the national average, the $66,970 salary in Oxnard-Thousand Oaks-Ventura, CA offers purchasing power equivalent to the national average, making it a stable financial environment.

How concentrated is the Medical Records Specialist job market in Oxnard-Thousand Oaks-Ventura, CA?

The market has a Location Quotient of 0.88, meaning it is slightly less concentrated than the national average, suggesting a balanced job market with steady demand.

What is the total number of Medical Records Specialists in the Oxnard-Thousand Oaks-Ventura, CA area?

There are approximately 340 Medical Records Specialists employed within the Oxnard-Thousand Oaks-Ventura, CA metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 1.073 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.