In 2010, the median annual income for Michigan’s medical billers and coders was just $35,000. In 2015 the average salary was over $40,000 and today, this number has jumped to nearly $50,000. Many of these jobs are part time or in rural areas, creating a slight drag on the overall number. For instance, in the Detroit / Livonia / Dearborn area, average salaries are $54,000 while those with training and experience are routinely earning over $60,000 per year. The very best are above even this. According to Medicalbillingandcoding.org, an industry website, the highest paid medical billers and coders are in Jackson, Michigan, as well as in Flint, while the lowest are in Holland / Grand Haven area.
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A chart listing the top cities and their corresponding salaries in the medical billing and coding field for the state of Michigan is below:
Michigan Medical Billing and Coding Job Growth in 2019
According to HackCollege.com, an industry monitor, the medical billing and coding field is expected to grow by over 20 percent by 2022. While many starting salaries can be less than $50,000 annually, the increased demand tends to also increase compensation, as the task of finding the best and brightest medical billers and coders becomes more competitive. In some parts of Michigan, top medical billing and coding graduates are earning upwards of $52,000 annually right out of school. Now is the time to begin your training so that when the industry continues to grow, you will have placed yourself in a position of opportunity with a competitive advantage over others in your field.