SalaryNode

Average Medical Records Specialists Salary in Springfield, MA

Medical Records Specialists in Springfield, MA earn an average annual salary of $57,500, surpassing the national average of $55,480. This localized premium is likely influenced by the specific healthcare demands and operational needs within the Springfield metropolitan area, reflecting a tailored compensation strategy for these vital roles.

Executive Summary

  • Average Salary: $57,500 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,830.
  • Outlook: With a local workforce of 300 Medical Records Specialists and a Location Quotient of 1.22, Springfield, MA demonstrates a notable concentration of these professionals compared to the national landscape. This suggests a stable and potentially growing demand for skilled individuals in this sector within the region, indicating a robust job market.
2024 Market Data

Salary Overview

$57,500

The average Medical Records Specialists in Springfield, MA earns+3.6%above the national average.

BreakdownBased on 40h/week
Hourly

$27.6

Weekly

$1,106

Monthly

$4,792

Medical Records Specialists Salary Distribution in Springfield, MA

Career progression for Medical Records Specialists in Springfield, MA typically correlates with increased compensation. 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 earning potential as expertise grows.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$39,710$19.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$43,125$20.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$55,280$26.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$71,875$34.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$76,830$36.9

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$57,500

Gross Pay

Real Wage (Purchasing Power)

$57,500

Adjusted for COL (100)

The average annual salary of $57,500 in Springfield, MA 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 Springfield is equivalent to the national average, offering a stable financial standing without significant cost-of-living advantages or disadvantages.

Job Market Context

300

Total Jobs

1.486

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Springfield, MA has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.

A Location Quotient of 1.22 indicates that Springfield, MA has a higher concentration of Medical Records Specialists than the national average. This suggests a competitive market where employers may need to offer attractive compensation and benefits to secure top talent, while also implying a readily available pool of experienced professionals for hiring managers.

Nearby Job Markets

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Springfield, MA?

The median annual salary for a Medical Records Specialists in Springfield, MA is $57,500. This typically ranges from $39,710 for entry-level positions to $76,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 3.6% higher than the national median of $55,480.

Is Springfield, MA a lucrative place for Medical Records Specialists?

Yes, Springfield, MA offers a slightly more lucrative environment for Medical Records Specialists.The average salary of $57,500 is above the national average, and the cost of living is at the national average, indicating good earning potential.

Is Springfield, MA a good place to live for Medical Records Specialists?

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

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Amherst Town-Northampton, MA ($58,640) and Hartford-West Hartford-East Hartford, CT.

What is the average salary for a Medical Records Specialist in Springfield, MA?

The average annual salary for a Medical Records Specialist in Springfield, MA is $57,500.

How does Springfield, MA compare to the national average salary for this role?

Medical Records Specialists in Springfield, MA earn approximately $2,020 more annually than the national average of $55,480.

Is the job market for Medical Records Specialists strong in Springfield, MA?

Yes, the market shows a higher concentration of these professionals (LQ of 1.22) than the national average, suggesting robust demand and a stable job outlook.

How does the cost of living in Springfield, MA affect the salary?

The cost of living in Springfield, MA is at the national average (100), meaning the $57,500 salary offers purchasing power equivalent to the national median.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Springfield, MA area with a job density of 1.486 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.