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Health Information Technician Salary in Franklin, TN

How much does a health information technician make in Franklin? Explore median, entry-level, and senior salaries adjusted for Franklin's cost of living.

Median Salary
$74,660
per year in Franklin
Entry Level
$51,328
Starting salary
Senior Level
$101,102
Experienced professionals
Cost of Living
115
15% above national avg

Salary Breakdown by Experience Level

See how health information technician salaries break down across different pay periods in Franklin.

PeriodEntry LevelMedianSenior
Annual$51,328$74,660$101,102
Monthly$4,277$6,222$8,425
Biweekly$1,974$2,872$3,889
Weekly$987$1,436$1,944
Hourly$25$36$49

Franklin vs National Average

How Franklin's health information technician salaries compare to national figures.

Franklin Salary
$74,660
COL Index: 115
National Average
$58,540
COL Index: 100
Difference
+$16,120
Higher in Franklin

Cost of Living in Franklin

1-Bedroom Rent
$1,500
per month
Median Income
$102,340
per year
Population
83,454
residents
Rent % of Income
17.6%
median household
Cost of Living Index: 115 — A score of 100 represents the U.S. average. Salaries in Franklin have been adjusted to account for local cost differences.

About Health Information Technician

Overview

Manage health information systems and maintain patient medical records.

Education

Associate's degree or certificate in Health Information Technology

Key Skills

Medical RecordsData EntryHIPAA ComplianceHealth IT Systems

Growth Rate

Expected job growth: +12% over the next decade

Compare Cities: Health Information Technician Salary

See Health Information Technician salaries in other top cities.

New York, NY
$74,900
+0%
Los Angeles, CA
$95,000
+27%
Chicago, IL
$62,970
-16%
Houston, TX
$78,650
+5%
Phoenix, AZ
$49,820
-33%

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Health Information Technician Salary in Franklin, TN — Complete Guide

Median Salary Overview

The median salary for a health information technician in Franklin, TN is $74,660 per year, adjusted for the local cost of living index of 115. This figure reflects typical earnings for experienced professionals in this role, considering Franklin's unique economic conditions.

Salary Range and Experience Levels

Entry-level health information technician professionals in Franklin can expect to earn around $51,328 annually. As professionals gain experience, salaries typically increase, with senior-level health information technicians earning approximately $101,102 per year. This represents a 97% increase from entry to senior level.

Cost of Living Adjustment

Franklin's cost of living index of 115 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Franklin are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $58,540, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a health information technician's salary in Franklin typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 24.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Health Information Technicians are in growing demand across the United States, with an expected job growth of 12% over the next decade. In Franklin, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.