SalaryNode

Average Medical Records Specialists Salary in Upper Peninsula of Michigan nonmetropolitan area

Medical Records Specialists in the Upper Peninsula of Michigan earn an average annual salary of $47,010. This figure falls below the national average of $55,480, reflecting the distinct economic landscape of nonmetropolitan regions. Factors such as local demand, industry concentration, and regional economic drivers contribute to this pay differential.

Executive Summary

  • Average Salary: $47,010 per year.
  • Growth Trend: Salaries have shifted 20.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,490.
  • Outlook: With a total local workforce of 200 Medical Records Specialists, the job market in the Upper Peninsula of Michigan presents a moderate employment base. The location quotient of 1.5 indicates a higher concentration of these roles compared to the national average, suggesting a stable, albeit niche, demand within the region.
2024 Market Data

Salary Overview

$47,010

The average Medical Records Specialists in Upper Peninsula of Michigan nonmetropolitan area earns-15.3%below the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$904

Monthly

$3,918

Medical Records Specialists Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

Career progression for Medical Records Specialists typically correlates with experience. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify the career advancement opportunities available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$35,350$17
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$35,258$17
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$47,040$22.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$58,763$28.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$62,490$30

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$47,010

Gross Pay

Real Wage (Purchasing Power)

$47,010

Adjusted for COL (100)

The nominal average salary of $47,010 in the Upper Peninsula of Michigan 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 region is equivalent to the national standard, offering a stable financial footing relative to the cost of essential goods and services.

Job Market Context

200

Total Jobs

1.832

Per 1K Jobs

1.5

Location Quotient

Major Hub

Upper Peninsula of Michigan nonmetropolitan area has 1.5x 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.

A Location Quotient of 1.5 for Medical Records Specialists in the Upper Peninsula of Michigan signifies a job market that is 50% more concentrated than the national average. This suggests a relatively higher demand for these professionals within the region compared to other occupations, indicating a potentially competitive environment for employers seeking qualified candidates.

Nearby Job Markets

Nearby Cities for Medical Records Specialists

Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area

Hiring Medical Records Specialistss?

Frequently Asked Questions

How much does a Medical Records Specialists make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Medical Records Specialists in Upper Peninsula of Michigan nonmetropolitan area is $47,010. This typically ranges from $35,350 for entry-level positions to $62,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 15.3% lower than the national median of $55,480.

Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Medical Records Specialists?

No, not in terms of nominal salary compared to the national average.While the cost of living is on par with the national average, the average salary of $47,010 is notably lower than the national average of $55,480, indicating less lucrative nominal earnings.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Medical Records Specialists?

The Cost of Living Index in Upper Peninsula of Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($51,930) and Saginaw, MI.

How does the Upper Peninsula's Medical Records Specialist salary compare to the national average?

The average salary for Medical Records Specialists in the Upper Peninsula of Michigan is $47,010, which is $8,470 less than the national average of $55,480.

What is the concentration of Medical Records Specialists in this region?

The region has a Location Quotient of 1.5, meaning there is a 50% higher concentration of Medical Records Specialists compared to the national average.

How does the cost of living affect the salary?

The cost of living in the Upper Peninsula of Michigan is at the national average (100), so the nominal salary of $47,010 offers purchasing power equivalent to the national average.

What is the total number of Medical Records Specialists in the Upper Peninsula of Michigan?

There are approximately 200 Medical Records Specialists employed in the Upper Peninsula of Michigan nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 1.832 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.