SalaryNode

Average Medical Records Specialists Salary in Providence-Warwick, RI-MA

Medical Records Specialists in the Providence-Warwick, RI-MA area earn an average annual salary of $59,060, which is notably higher than the national average of $55,480. This elevated compensation is often a reflection of the specific healthcare demands and the concentration of related industries within this metropolitan region. The local economy's structure and the specialized need for efficient health information management contribute to this favorable pay scale.

Executive Summary

  • Average Salary: $59,060 per year.
  • Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,700.
  • Outlook: The Providence-Warwick, RI-MA area supports a robust job market for Medical Records Specialists, with a total local workforce of 1,060 individuals in this role. The Location Quotient of 1.23 indicates a higher concentration of these professionals compared to the national average, suggesting a sustained demand and a well-established presence of this occupation within the region's healthcare infrastructure.
2024 Market Data

Salary Overview

$59,060

The average Medical Records Specialists in Providence-Warwick, RI-MA earns+6.5%above the national average.

BreakdownBased on 40h/week
Hourly

$28.4

Weekly

$1,136

Monthly

$4,922

Medical Records Specialists Salary Distribution in Providence-Warwick, RI-MA

Career progression for Medical Records Specialists in Providence-Warwick, RI-MA typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and leadership responsibilities can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and 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)$40,830$19.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$44,295$21.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$61,520$29.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$73,825$35.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$79,700$38.3

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$59,060

Gross Pay

Real Wage (Purchasing Power)

$59,060

Adjusted for COL (100)

For Medical Records Specialists considering a move to Providence-Warwick, RI-MA, the average salary of $59,060 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher living expenses often associated with above-average salaries.

Job Market Context

1,060

Total Jobs

1.5

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Providence-Warwick, RI-MA has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.

With a Location Quotient of 1.23, the Providence-Warwick, RI-MA market demonstrates a slightly higher concentration of Medical Records Specialists than the national average. This suggests a competitive yet stable job market where employers actively seek these professionals. The abundance of roles relative to the national benchmark indicates a healthy demand that outpaces the general U.S. landscape for this specialized occupation.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

CitySalaryDist.
Worcester, MA Medical Records Specialists Salary$62,410↑ 6%37 mi
Boston-Cambridge-Newton, MA-NH Medical Records Specialists Salary$60,920↑ 3%38 mi
Norwich-New London-Willimantic, CT Medical Records Specialists Salary$58,780↓ 0%39 mi
Barnstable Town, MA Medical Records Specialists Salary$57,620↓ 2%58 mi

Comparing salaries near Providence-Warwick, RI-MA

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Providence-Warwick, RI-MA?

The median annual salary for a Medical Records Specialists in Providence-Warwick, RI-MA is $59,060. This typically ranges from $40,830 for entry-level positions to $79,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 6.5% higher than the national median of $55,480.

Is Providence-Warwick, RI-MA a lucrative place for Medical Records Specialists?

Yes, it is a lucrative place for Medical Records Specialists.The average salary of $59,060 is above the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.

Is Providence-Warwick, RI-MA a good place to live for Medical Records Specialists?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Worcester, MA ($62,410) and Boston-Cambridge-Newton, MA-NH.

How does the Providence-Warwick salary compare to the national average?

The average annual salary for Medical Records Specialists in Providence-Warwick, RI-MA is $59,060, which is $3,580 higher than the national average of $55,480.

What is the concentration of Medical Records Specialists in Providence-Warwick, RI-MA?

The Location Quotient of 1.23 indicates that Medical Records Specialists are 23% more concentrated in Providence-Warwick, RI-MA than the national average, suggesting a higher demand or a more established industry presence.

Does the cost of living affect the value of the salary in Providence-Warwick, RI-MA?

No, the cost of living in Providence-Warwick, RI-MA is exactly at the national average (100). This means the $59,060 salary offers purchasing power equivalent to the national average salary.

How many Medical Records Specialists work in the Providence-Warwick, RI-MA area?

There are approximately 1,060 Medical Records Specialists employed within the Providence-Warwick, RI-MA 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 1,060 employees in the Providence-Warwick, RI-MA area with a job density of 1.5 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Providence-Warwick, RI-MA

Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in Providence-Warwick, RI-MA