Average Medical Records Specialists Salary in Springfield, MO
In Springfield, MO, Medical Records Specialists earn an average annual salary of $50,980. This figure is slightly below the national average of $55,480, reflecting local economic conditions and demand within the healthcare sector. The specific pay rates in Springfield are influenced by the region's overall economic vitality and the concentration of healthcare facilities.
Executive Summary
- Average Salary: $50,980 per year.
- Growth Trend: Salaries have shifted 17.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,930.
- Outlook: The job market for Medical Records Specialists in Springfield, MO, appears stable with a local workforce of 250 individuals. The location quotient of 0.91 suggests a concentration of these professionals that is very close to the national average, indicating a balanced demand and supply dynamic within the city.
Salary Overview
The average Medical Records Specialists in Springfield, MO earns-8.1%below the national average.
$24.5
$980
$4,248
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for Springfield, MO is not provided, it is generally assumed that salaries for Medical Records Specialists nationwide have experienced steady growth over the past four years, driven by increasing healthcare demands and the digitization of medical records. This trend likely extends to Springfield, with nominal salary increases keeping pace with inflation and evolving industry standards.
Medical Records Specialists Salary Distribution in Springfield, MO
Career progression for Medical Records Specialists in Springfield, MO, typically involves salary increases tied to experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher than the average. The percentile gaps in salary distribution highlight the opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $37,160 | $17.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $38,235 | $18.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $51,130 | $24.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $63,725 | $30.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $64,930 | $31.2 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$50,980
Gross Pay
Real Wage (Purchasing Power)
$50,980
Adjusted for COL (100)
With an average annual salary of $50,980 and a Cost of Living Index of 100, the nominal income for Medical Records Specialists in Springfield, MO, aligns precisely with the national average cost of living. This means that the purchasing power of the salary in Springfield is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
250
Total Jobs
1.111
Per 1K Jobs
0.91
Location Quotient
Springfield, MO has 0.91x 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.
The location quotient of 0.91 for Medical Records Specialists in Springfield, MO, indicates that the concentration of these professionals in the area is nearly on par with the national average. This suggests a competitive yet accessible job market, where employers have a reasonable pool of talent to draw from, and specialists can find opportunities without facing extreme competition or scarcity.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Joplin, MO-KS Medical Records Specialists Salary | $47,590↓ 7% | 67 mi |
| Fayetteville-Springdale-Rogers, AR Medical Records Specialists Salary | $48,100↓ 6% | 91 mi |
Comparing salaries near Springfield, MO
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in Springfield, MO?
The median annual salary for a Medical Records Specialists in Springfield, MO is $50,980. This typically ranges from $37,160 for entry-level positions to $64,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MO is 8.1% lower than the national median of $55,480.
Is Springfield, MO a lucrative place for Medical Records Specialists?
No, but it is competitive.While the average salary of $50,980 is below the national average, the cost of living is also at the national average, making the purchasing power comparable. The location quotient suggests a balanced job market.
Is Springfield, MO a good place to live for Medical Records Specialists?
The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MO?
Some top paying nearby cities include Joplin, MO-KS ($47,590) and Fayetteville-Springdale-Rogers, AR.
How does Springfield, MO compare to the national average salary for Medical Records Specialists?
Medical Records Specialists in Springfield, MO, earn an average of $50,980 annually, which is approximately $4,500 less than the national average of $55,480.
What is the Cost of Living in Springfield, MO compared to the national average?
Springfield, MO has a Cost of Living Index of 100, meaning it is exactly at the national average. This suggests that the cost of goods and services is neither significantly higher nor lower than the typical US city.
How concentrated is the Medical Records Specialist job market in Springfield, MO?
The job market is moderately concentrated, with a location quotient of 0.91, indicating a presence of Medical Records Specialists that is very close to the national average concentration.
What is the total number of Medical Records Specialists in Springfield, MO?
There are approximately 250 Medical Records Specialists employed in Springfield, MO, contributing to the local healthcare 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 Springfield, MO area with a job density of 1.111 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 Springfield, MO