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Average Medical Records Specialists Salary in Portland-South Portland, ME

In Portland-South Portland, ME, Medical Records Specialists earn an average annual salary of $49,650. This figure is below the national average of $55,480, suggesting that local market dynamics and demand influence compensation in this region. While the cost of living is on par with the national average, the slightly lower salary indicates a potentially less competitive market for these roles compared to other areas.

Executive Summary

  • Average Salary: $49,650 per year.
  • Growth Trend: Salaries have shifted 15.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,860.
  • Outlook: The local workforce for Medical Records Specialists in Portland-South Portland, ME, comprises approximately 260 professionals. With a Location Quotient of 0.76, the concentration of these roles is slightly below the national average. This suggests that while the profession is present, it is not as densely populated as in other regions, indicating a stable but not rapidly expanding job market.
2024 Market Data

Salary Overview

$49,650

The average Medical Records Specialists in Portland-South Portland, ME earns-10.5%below the national average.

BreakdownBased on 40h/week
Hourly

$23.9

Weekly

$955

Monthly

$4,138

Medical Records Specialists Salary Distribution in Portland-South Portland, ME

Salary progression for Medical Records Specialists in Portland-South Portland, ME, typically correlates with experience. Entry-level positions may start at the lower end of the pay scale, while senior specialists with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies a clear career ladder and opportunities for advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$38,790$18.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$37,238$17.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$47,440$22.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$62,063$29.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$62,860$30.2

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$49,650

Gross Pay

Real Wage (Purchasing Power)

$49,650

Adjusted for COL (100)

The average annual salary of $49,650 for Medical Records Specialists in Portland-South Portland, ME, aligns precisely with the national average cost of living (100). This means that the purchasing power of this salary is equivalent to the national average, making the nominal income's value stable in terms of daily expenses and lifestyle compared to the rest of the country.

Job Market Context

260

Total Jobs

0.929

Per 1K Jobs

0.76

Location Quotient

Below Average

Portland-South Portland, ME has 0.76x 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 0.76 for Medical Records Specialists in Portland-South Portland, ME, indicates that the profession is less concentrated locally than the national average. This suggests that the job market may be less saturated, potentially offering a moderate level of competition for available positions. While not a high-demand area in terms of concentration, it signifies a steady presence of these roles within the local healthcare infrastructure.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Portland-South Portland, ME

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Portland-South Portland, ME?

The median annual salary for a Medical Records Specialists in Portland-South Portland, ME is $49,650. This typically ranges from $38,790 for entry-level positions to $62,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Portland-South Portland, ME is 10.5% lower than the national median of $55,480.

Is Portland-South Portland, ME a lucrative place for Medical Records Specialists?

No, it is not exceptionally lucrative compared to the national average.The average salary of $49,650 is below the national average of $55,480, although the cost of living is at the national average. This suggests that while your money will go as far as elsewhere, the nominal income is lower.

Is Portland-South Portland, ME a good place to live for Medical Records Specialists?

The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Portland-South Portland, ME?

Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($49,920) and Northern New Hampshire nonmetropolitan area.

How does the Portland-South Portland, ME salary compare to the national average?

The average salary for Medical Records Specialists in Portland-South Portland, ME, is $49,650, which is lower than the national average of $55,480.

What is the cost of living in Portland-South Portland, ME?

The cost of living index in Portland-South Portland, ME, is 100, which is exactly the national average.

How concentrated is the Medical Records Specialist job market in Portland-South Portland, ME?

The job market is less concentrated than the national average, with a Location Quotient of 0.76, indicating fewer specialists per capita compared to the rest of the country.

What is the total local workforce for Medical Records Specialists in Portland-South Portland, ME?

There are approximately 260 Medical Records Specialists employed in the Portland-South Portland, ME area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Portland-South Portland, ME area with a job density of 0.929 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.