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Average Medical Records Specialists Salary in Waco, TX

The average salary for Medical Records Specialistss in Waco, TX is $43,890. While this is lower than the national average, the cost of living in Waco, TX may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $43,890 per year.
  • Growth Trend: Salaries have shifted 8.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,570.
  • Outlook: The current demand for Medical Records Specialistss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$43,890

The average Medical Records Specialists in Waco, TX earns-20.9%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$844

Monthly

$3,658

Medical Records Specialists Salary Distribution in Waco, TX

The earning potential for Medical Records Specialistss in Waco, TX varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $29,440, while highly experienced professionals can command wages upwards of $59,570.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$29,440$14.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$32,918$15.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$43,060$20.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$54,863$26.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$59,570$28.6

Detailed Medical Records Specialists Market Analysis

Relocation Context

Nominal Salary

$43,890

Gross Pay

Real Wage (Purchasing Power)

$43,890

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $43,890 to $43,890.

Job Market Context

130

Total Jobs

0.996

Per 1K Jobs

0.82

Location Quotient

Below Average

Waco, TX has 0.82x 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.

130 people work as Medical Records Specialists in Waco, TX.

Only 0.996 out of every 1,000 local jobs are Medical Records Specialists roles — this is a niche profession in the area.

Nearby Job Markets

Frequently Asked Questions

How much does a Medical Records Specialists make in Waco, TX?

The median annual salary for a Medical Records Specialists in Waco, TX is $43,890. This typically ranges from $29,440 for entry-level positions to $59,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 20.9% lower than the national median of $55,480.

Is Waco, TX a good place for Medical Records Specialistss?

It depends on your priorities. While the average Medical Records Specialists salary in Waco, TX is $43,890 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waco, TX. See distinct detailed breakdown below.

Is Waco, TX a good place to live for Medical Records Specialists?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($42,000) and Northwestern Region of Texas 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 130 employees in the Waco, TX area with a job density of 0.996 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.