Average Medical Records Specialists Salary in Reading, PA
Medical Records Specialists in Reading, PA, earn an average annual salary of $56,550. This figure slightly surpasses the national average of $55,480, indicating a competitive local market. Factors such as the specific healthcare demands and the concentration of healthcare facilities within the Reading area likely contribute to this favorable compensation.
Executive Summary
- Average Salary: $56,550 per year.
- Growth Trend: Salaries have shifted 11.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,870.
- Outlook: The job market for Medical Records Specialists in Reading, PA, appears robust, supported by a local workforce of 250 professionals. The Location Quotient of 1.18 suggests a slightly higher concentration of these roles compared to the national average, implying a steady demand for skilled individuals in this sector within the region.
Salary Overview
The average Medical Records Specialists in Reading, PA earns+1.9%above the national average.
$27.2
$1,088
$4,713
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for Reading, PA is not provided, it is reasonable to assume that salaries for Medical Records Specialists have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare demands, evolving data management technologies, and the rising cost of living.
Medical Records Specialists Salary Distribution in Reading, PA
Career progression for Medical Records Specialists in Reading, PA, is typically marked by increasing salary benchmarks. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $37,690 | $18.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $42,413 | $20.4 |
| 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) | $70,688 | $34 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $105,870 | $50.9 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$56,550
Gross Pay
Real Wage (Purchasing Power)
$56,550
Adjusted for COL (100)
The nominal average salary of $56,550 in Reading, PA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Records Specialist's salary in Reading is equivalent to the national average, offering stability for those considering a move to the area.
Job Market Context
250
Total Jobs
1.437
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Reading, PA has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
With a Location Quotient of 1.18, Reading, PA, exhibits a slightly higher concentration of Medical Records Specialists than the national average. This suggests a moderately competitive job market where employers may actively seek qualified candidates, but the supply is also relatively robust, offering a balanced environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Lebanon, PA Medical Records Specialists Salary | $53,550↓ 5% | 26 mi |
| Lancaster, PA Medical Records Specialists Salary | $49,040↓ 13% | 29 mi |
| Allentown-Bethlehem-Easton, PA-NJ Medical Records Specialists Salary | $51,760↓ 8% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Medical Records Specialists Salary | $53,770↓ 5% | 48 mi |
| York-Hanover, PA Medical Records Specialists Salary | $47,080↓ 17% | 50 mi |
Comparing salaries near Reading, PA
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Frequently Asked Questions
How much does a Medical Records Specialists make in Reading, PA?
The median annual salary for a Medical Records Specialists in Reading, PA is $56,550. This typically ranges from $37,690 for entry-level positions to $105,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Reading, PA is 1.9% higher than the national median of $55,480.
Is Reading, PA a lucrative place for Medical Records Specialists?
Yes, Reading, PA offers competitive compensation for Medical Records Specialists.The average salary of $56,550 is above the national average, and the cost of living is on par with the national average, providing good purchasing power.
Is Reading, PA a good place to live for Medical Records Specialists?
The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Reading, PA?
Some top paying nearby cities include Lebanon, PA ($53,550) and Lancaster, PA.
How does the number of Medical Records Specialists in Reading compare nationally?
Reading, PA has approximately 1.437 Medical Records Specialists per 1,000 workers, which is slightly above the national average, indicating a notable presence of this profession.
What is the significance of the Location Quotient (LQ) for Medical Records Specialists in Reading?
An LQ of 1.18 means that Medical Records Specialists are 18% more concentrated in Reading, PA, than in the average U.S. location, suggesting a stronger local demand or a larger pool of these professionals.
How does the cost of living in Reading affect the Medical Records Specialist salary?
The cost of living in Reading is exactly at the national average (100). Therefore, the average salary of $56,550 provides purchasing power equivalent to the national average, making it a stable financial environment.
What is the total number of Medical Records Specialists employed in Reading, PA?
There are approximately 250 Medical Records Specialists employed in Reading, PA, contributing to the local healthcare support infrastructure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Reading, PA area with a job density of 1.437 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 Reading, PA