Average Medical Records Specialists Salary in Palm Bay-Melbourne-Titusville, FL
In the Palm Bay-Melbourne-Titusville, FL area, Medical Records Specialists earn an average annual salary of $51,770. This figure is slightly below the national average of $55,480, a common occurrence in regions where local economic factors and industry demand may influence compensation levels. The specific pay in this locale is a reflection of the interplay between the demand for these specialized roles and the overall economic landscape of the region.
Executive Summary
- Average Salary: $51,770 per year.
- Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,280.
- Outlook: The job market for Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL, appears stable, with a local workforce of 290 professionals. The Location Quotient of 0.99 suggests a concentration of these roles that is very close to the national average, indicating a consistent, albeit not exceptionally high, demand. With 1.206 jobs per 1,000 workers, the market demonstrates a steady presence of opportunities for skilled individuals in this field.
Salary Overview
The average Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL earns-6.7%below the national average.
$24.9
$996
$4,314
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for this precise metropolitan area isn't provided, it's reasonable to assume that salaries for Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL, have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare demands, advancements in record-keeping technology, and the persistent need for efficient data management within healthcare facilities.
Medical Records Specialists Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Career progression for Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL, is typically marked by an increase in earning potential as experience is gained. Entry-level positions may start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience in areas like health information management, data analysis, and compliance can command significantly higher salaries, reflecting their specialized skills and responsibilities. The percentile gaps in salary data would illustrate this clear career trajectory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $33,910 | $16.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $38,828 | $18.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $47,680 | $22.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $64,713 | $31.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $84,280 | $40.5 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$51,770
Gross Pay
Real Wage (Purchasing Power)
$51,770
Adjusted for COL (100)
For professionals considering a move to Palm Bay-Melbourne-Titusville, FL, the nominal salary of $51,770 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary in this region is equivalent to the national average, suggesting that the cost of essential goods and services, housing, and transportation are neither significantly higher nor lower than the national benchmark.
Job Market Context
290
Total Jobs
1.206
Per 1K Jobs
0.99
Location Quotient
Palm Bay-Melbourne-Titusville, FL has 0.99x 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 0.99 for Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL, indicates that the concentration of these jobs in the area is nearly identical to the national average. This suggests a balanced job market where the demand for these professionals is stable and well-matched by the available workforce, without an oversupply or significant undersupply of talent.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Sebastian-Vero Beach-West Vero Corridor, FL Medical Records Specialists Salary | $47,430↓ 8% | 17 mi |
| Port St. Lucie, FL Medical Records Specialists Salary | $45,170↓ 13% | 50 mi |
| Sebring, FL Medical Records Specialists Salary | $47,430↓ 8% | 59 mi |
| Orlando-Kissimmee-Sanford, FL Medical Records Specialists Salary | $48,990↓ 5% | 59 mi |
| North Florida nonmetropolitan area Medical Records Specialists Salary | $44,680↓ 14% | 64 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL is $51,770. This typically ranges from $33,910 for entry-level positions to $84,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 6.7% lower than the national median of $55,480.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Medical Records Specialists?
No, it is not exceptionally lucrative.The average salary of $51,770 is slightly below the national average, although the cost of living is also at the national average, making the purchasing power comparable.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Medical Records Specialists?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($47,430) and Port St. Lucie, FL.
How does the salary compare to the national average?
The average annual salary for Medical Records Specialists in Palm Bay-Melbourne-Titusville, FL, is $51,770, which is slightly lower than the national average of $55,480.
What is the cost of living in Palm Bay-Melbourne-Titusville, FL?
The Cost of Living Index for Palm Bay-Melbourne-Titusville, FL, is 100, which is exactly the national average.
How concentrated are Medical Records Specialist jobs in this area?
The concentration of Medical Records Specialist jobs, measured by the Location Quotient, is 0.99, indicating a level of concentration very close to the national average.
What is the total number of Medical Records Specialists in the area?
There are approximately 290 Medical Records Specialists employed in the Palm Bay-Melbourne-Titusville, FL 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 290 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 1.206 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 Palm Bay-Melbourne-Titusville, FL