Average Medical Records Specialists Salary in West Central Illinois nonmetropolitan area
Medical Records Specialists in the West Central Illinois nonmetropolitan area earn an average annual salary of $45,260. This figure is notably below the national average of $55,480, reflecting the economic dynamics and potentially lower demand for specialized roles in non-metropolitan regions. The compensation is influenced by the specific needs and budget constraints of healthcare facilities within this locale.
Executive Summary
- Average Salary: $45,260 per year.
- Growth Trend: Salaries have shifted 8.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,930.
- Outlook: The local job market for Medical Records Specialists in West Central Illinois appears stable, with a total workforce of 240 individuals. The location quotient of 1.18 suggests a slightly higher concentration of these professionals compared to the national average, indicating a steady, albeit not rapidly expanding, demand within the region's healthcare infrastructure.
Salary Overview
The average Medical Records Specialists in West Central Illinois nonmetropolitan area earns-18.4%below the national average.
$21.8
$870
$3,772
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Medical Records Specialists have seen gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare needs, evolving data management technologies, and a general rise in the cost of living, even in less urbanized areas.
Medical Records Specialists Salary Distribution in West Central Illinois nonmetropolitan area
Career progression for Medical Records Specialists typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive knowledge of health information management systems and compliance regulations can command significantly higher salaries. The percentile gaps in salary distribution reflect these opportunities for advancement and specialization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $34,280 | $16.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $33,945 | $16.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $46,260 | $22.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $56,575 | $27.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $56,930 | $27.4 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$45,260
Gross Pay
Real Wage (Purchasing Power)
$45,260
Adjusted for COL (100)
The average annual salary of $45,260 in West Central Illinois aligns perfectly with the national average cost of living index of 100. This means that, on average, the purchasing power of a Medical Records Specialist's salary in this region is equivalent to the national average, suggesting a balanced economic environment where nominal wages are commensurate with local expenses.
Job Market Context
240
Total Jobs
1.437
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, West Central Illinois nonmetropolitan area has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
With a location quotient of 1.18, West Central Illinois demonstrates a slightly higher concentration of Medical Records Specialists than the national average. This indicates a potentially competitive market for employers seeking talent, as the supply is marginally greater than what would be expected nationally. However, it also suggests a stable and established presence of these roles within the local healthcare sector.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Medical Records Specialists Salary | $45,570↑ 1% | 9 mi |
| Decatur, IL Medical Records Specialists Salary | $49,350↑ 9% | 34 mi |
| Champaign-Urbana, IL Medical Records Specialists Salary | $49,900↑ 10% | 41 mi |
| Peoria, IL Medical Records Specialists Salary | $50,640↑ 12% | 43 mi |
| Springfield, IL Medical Records Specialists Salary | $51,700↑ 14% | 53 mi |
Comparing salaries near West Central Illinois nonmetropolitan area
Hiring Medical Records Specialistss?
Frequently Asked Questions
How much does a Medical Records Specialists make in West Central Illinois nonmetropolitan area?
The median annual salary for a Medical Records Specialists in West Central Illinois nonmetropolitan area is $45,260. This typically ranges from $34,280 for entry-level positions to $56,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Central Illinois nonmetropolitan area is 18.4% lower than the national median of $55,480.
Is West Central Illinois nonmetropolitan area a lucrative place for Medical Records Specialists?
No, it is not considered a lucrative place.The average salary of $45,260 is significantly lower than the national average, although the cost of living is on par. This indicates that while expenses are average, the earning potential is below the national benchmark.
Is West Central Illinois nonmetropolitan area a good place to live for Medical Records Specialists?
The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($45,570) and Decatur, IL.
How does the local workforce size affect job prospects?
A local workforce of 240 Medical Records Specialists suggests a moderate-sized pool of professionals, indicating a stable but not rapidly growing job market. This size is sufficient to meet regional demands without intense competition for entry-level positions.
What does a Location Quotient of 1.18 mean for Medical Records Specialists?
A Location Quotient of 1.18 signifies that Medical Records Specialists are 18% more concentrated in West Central Illinois than the national average. This implies a slightly higher availability of these roles relative to the general workforce in the area.
How does the Cost of Living Index impact salary expectations?
With a Cost of Living Index of 100, West Central Illinois matches the national average. This means the $45,260 salary provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
Are there significant salary differences based on experience for Medical Records Specialists in this area?
Yes, experience typically leads to higher salaries. While entry-level roles might offer lower pay, senior Medical Records Specialists with specialized skills and years of experience can expect to earn considerably more, reflecting their value and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the West Central Illinois nonmetropolitan area area with a job density of 1.437 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Medical Records Specialists Salaries by State
Top Jobs in West Central Illinois nonmetropolitan area
- All Occupations Salary in West Central Illinois nonmetropolitan area
- Office and Administrative Support Occupations Salary in West Central Illinois nonmetropolitan area
- Transportation and Material Moving Occupations Salary in West Central Illinois nonmetropolitan area
- Production Occupations Salary in West Central Illinois nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in West Central Illinois nonmetropolitan area
- Sales and Related Occupations Salary in West Central Illinois nonmetropolitan area
- Educational Instruction and Library Occupations Salary in West Central Illinois nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in West Central Illinois nonmetropolitan area
- Management Occupations Salary in West Central Illinois nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in West Central Illinois nonmetropolitan area
- Browse All Jobs in West Central Illinois nonmetropolitan area →
Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in West Central Illinois nonmetropolitan area