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Average Medical Records Specialists Salary in South Central Kentucky nonmetropolitan area

In the South Central Kentucky nonmetropolitan area, Medical Records Specialists earn an average annual salary of $43,920. This figure is notably below the national average of $55,480, reflecting the economic dynamics and potentially lower demand for specialized roles in nonmetropolitan regions. The compensation is influenced by the local economic landscape and the specific needs of healthcare facilities in the area.

Executive Summary

  • Average Salary: $43,920 per year.
  • Growth Trend: Salaries have shifted 17.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,720.
  • Outlook: The job market for Medical Records Specialists in South Central Kentucky is moderately concentrated, with a Location Quotient of 1.58 indicating a higher presence than the national average. Despite a total local workforce of 330, the demand, represented by 1.932 jobs per 1,000 workers, suggests a stable but not rapidly expanding sector. This concentration implies a consistent need for these professionals within the region's healthcare infrastructure.
2024 Market Data

Salary Overview

$43,920

The average Medical Records Specialists in South Central Kentucky nonmetropolitan area earns-20.8%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$845

Monthly

$3,660

Medical Records Specialists Salary Distribution in South Central Kentucky nonmetropolitan area

Career progression for Medical Records Specialists in South Central Kentucky is typically marked by increasing compensation. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command salaries significantly higher than the average. The percentile gaps in earnings underscore the value placed on expertise and tenure within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$31,420$15.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$32,940$15.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$42,200$20.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$54,900$26.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$59,720$28.7

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$43,920

Gross Pay

Real Wage (Purchasing Power)

$43,920

Adjusted for COL (100)

The nominal average salary of $43,920 in South Central Kentucky aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the effective financial standing comparable to living in a typical U.S. location.

Job Market Context

330

Total Jobs

1.932

Per 1K Jobs

1.58

Location Quotient

Major Hub

South Central Kentucky nonmetropolitan area has 1.6x the national concentration of Medical Records Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.58, Medical Records Specialists are more concentrated in South Central Kentucky than in the nation overall. This suggests a relatively robust local market for these professionals, where their skills are in higher demand proportionally compared to other occupations. While the total workforce is modest, the higher LQ indicates a specialized need within the region's healthcare system.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near South Central Kentucky nonmetropolitan area

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in South Central Kentucky nonmetropolitan area?

The median annual salary for a Medical Records Specialists in South Central Kentucky nonmetropolitan area is $43,920. This typically ranges from $31,420 for entry-level positions to $59,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Kentucky nonmetropolitan area is 20.8% lower than the national median of $55,480.

Is South Central Kentucky nonmetropolitan area a lucrative place for Medical Records Specialists?

No, not compared to the national average.While the cost of living is average, the average salary of $43,920 is significantly lower than the national average of $55,480. The higher concentration (LQ 1.58) indicates local demand but does not translate to higher pay.

Is South Central Kentucky nonmetropolitan area a good place to live for Medical Records Specialists?

The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($50,610) and Elizabethtown, KY.

What is the average salary for a Medical Records Specialist in South Central Kentucky?

The average annual salary for a Medical Records Specialist in South Central Kentucky is $43,920.

How does the South Central Kentucky salary compare to the national average?

The average salary in South Central Kentucky ($43,920) is lower than the national average ($55,480).

What is the Cost of Living Index in South Central Kentucky?

The Cost of Living Index in South Central Kentucky is 100, which is the national average.

Is there high demand for Medical Records Specialists in this area?

The Location Quotient of 1.58 suggests a higher concentration and thus a proportionally higher demand for Medical Records Specialists in South Central Kentucky compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the South Central Kentucky nonmetropolitan area area with a job density of 1.932 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.