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Average Medical Records Specialists Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

In the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area, Medical Records Specialists earn an average annual salary of $53,770. This figure is slightly below the national average of $55,480, indicating a localized compensation trend influenced by regional economic factors and the specific demand within this healthcare hub. The cost of living in this area aligns perfectly with the national average, making the salary's purchasing power comparable to other regions.

Executive Summary

  • Average Salary: $53,770 per year.
  • Growth Trend: Salaries have shifted 1.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,000.
  • Outlook: The Philadelphia-Camden-Wilmington area supports a substantial workforce of 3,170 Medical Records Specialists. With a Location Quotient of 0.91, the concentration of these roles is just shy of the national average, suggesting a stable but not overly saturated job market. The presence of 1.105 jobs per 1,000 workers indicates a consistent demand for skilled professionals in managing health information.
2024 Market Data

Salary Overview

$53,770

The average Medical Records Specialists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns-3.1%below the national average.

BreakdownBased on 40h/week
Hourly

$25.9

Weekly

$1,034

Monthly

$4,481

Medical Records Specialists Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Career progression for Medical Records Specialists typically involves salary increases tied to experience and specialization. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with expertise in areas like health information management systems or compliance can command salaries in the higher percentiles. The salary distribution within the Philadelphia-Camden-Wilmington area likely reflects these experience-based increments, offering clear pathways for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$35,190$16.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$40,328$19.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$47,930$23
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$67,213$32.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$80,000$38.5

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$53,770

Gross Pay

Real Wage (Purchasing Power)

$53,770

Adjusted for COL (100)

The average annual salary of $53,770 in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD aligns precisely with the national average cost of living (100). This means that the purchasing power of a Medical Records Specialist's salary in this region is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to other areas.

Job Market Context

3,170

Total Jobs

1.105

Per 1K Jobs

0.91

Location Quotient

Below Average

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has 0.91x 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 0.91 for Medical Records Specialists in Philadelphia-Camden-Wilmington suggests that the employment concentration for this role is slightly below the national average. This indicates that while the job market is robust enough to support a significant number of professionals, it is not disproportionately concentrated, implying a balanced competitive landscape for job seekers.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Medical Records Specialists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $53,770. This typically ranges from $35,190 for entry-level positions to $80,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 3.1% lower than the national median of $55,480.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Medical Records Specialists?

No, not significantly more lucrative than the national average.The average salary of $53,770 is slightly below the national average of $55,480, and the cost of living is exactly at the national average, offering no premium.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Medical Records Specialists?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($56,950) and Vineland, NJ.

What is the average salary for a Medical Records Specialist in Philadelphia?

The average annual salary for a Medical Records Specialist in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area is $53,770.

How does the Philadelphia salary compare to the national average?

The average salary in Philadelphia ($53,770) is slightly lower than the national average ($55,480) for Medical Records Specialists.

What is the cost of living in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The cost of living index for this region is 100, which is exactly the national average.

How many Medical Records Specialists work in the Philadelphia area?

There are approximately 3,170 Medical Records Specialists employed in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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 3,170 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 1.105 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.