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Average Medical Records Specialists Salary in Raleigh-Cary, NC

Medical Records Specialists in Raleigh-Cary, NC, earn an average annual salary of $62,400, notably exceeding the national average of $55,480. This elevated compensation reflects the specific demands and economic landscape of the Research Triangle region, which often commands higher pay for skilled administrative and healthcare support roles.

Executive Summary

  • Average Salary: $62,400 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,880.
  • Outlook: The Raleigh-Cary area supports a robust local workforce of approximately 750 Medical Records Specialists. With a Location Quotient of 0.85, the concentration of these roles is slightly below the national average, suggesting a stable yet potentially growing demand within this established workforce.
2024 Market Data

Salary Overview

$62,400

The average Medical Records Specialists in Raleigh-Cary, NC earns+12.5%above the national average.

BreakdownBased on 40h/week
Hourly

$30

Weekly

$1,200

Monthly

$5,200

Medical Records Specialists Salary Distribution in Raleigh-Cary, NC

Career progression for Medical Records Specialists typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries well into the upper percentiles, reflecting a clear career trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$34,500$16.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$46,800$22.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$51,760$24.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$78,000$37.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$103,880$49.9

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$62,400

Gross Pay

Real Wage (Purchasing Power)

$62,400

Adjusted for COL (100)

The average annual salary of $62,400 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Medical Records Specialist's salary in this area is equivalent to the national standard, offering a balanced financial outlook.

Job Market Context

750

Total Jobs

1.038

Per 1K Jobs

0.85

Location Quotient

Below Average

Raleigh-Cary, NC has 0.85x 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 0.85 indicates that Raleigh-Cary has a slightly lower concentration of Medical Records Specialists compared to the national average. This suggests that while the market is not oversaturated, there is a solid presence of these professionals, implying a healthy balance between job availability and candidate supply.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Raleigh-Cary, NC

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Raleigh-Cary, NC?

The median annual salary for a Medical Records Specialists in Raleigh-Cary, NC is $62,400. This typically ranges from $34,500 for entry-level positions to $103,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 12.5% higher than the national median of $55,480.

Is Raleigh-Cary, NC a lucrative place for Medical Records Specialists?

Yes, Raleigh-Cary, NC offers a lucrative environment for Medical Records Specialists.The average salary of $62,400 is significantly higher than the national average, and the cost of living is on par, providing excellent purchasing power.

Is Raleigh-Cary, NC a good place to live for Medical Records Specialists?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($59,020) and Rocky Mount, NC.

How does the Raleigh-Cary salary compare to the national average?

The average salary for Medical Records Specialists in Raleigh-Cary, NC is $62,400, which is approximately $6,920 higher than the national average of $55,480.

What is the cost of living in Raleigh-Cary, NC for Medical Records Specialists?

The cost of living in Raleigh-Cary, NC is at the national average (index of 100), meaning your salary of $62,400 will have the same purchasing power as the national average salary in a national average cost of living area.

How many Medical Records Specialists are there in Raleigh-Cary, NC?

There are approximately 750 Medical Records Specialists employed in the Raleigh-Cary, NC area, representing 1.038 jobs per 1,000 workers.

Is the job market for Medical Records Specialists competitive in Raleigh-Cary, NC?

With a Location Quotient of 0.85, the market is slightly less concentrated than the national average, suggesting a balanced environment that is neither overly competitive nor scarce for Medical Records Specialists.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 750 employees in the Raleigh-Cary, NC area with a job density of 1.038 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.