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Medical Records Specialist Salary in Lake Elsinore, CA

How much does a medical records specialist make in Lake Elsinore? Explore median, entry-level, and senior salaries adjusted for Lake Elsinore's cost of living.

Median Salary
$72,174
per year in Lake Elsinore
Entry Level
$50,208
Starting salary
Senior Level
$97,279
Experienced professionals
Cost of Living
110
10% above national avg

Salary Breakdown by Experience Level

See how medical records specialist salaries break down across different pay periods in Lake Elsinore.

PeriodEntry LevelMedianSenior
Annual$50,208$72,174$97,279
Monthly$4,184$6,015$8,107
Biweekly$1,931$2,776$3,742
Weekly$966$1,388$1,871
Hourly$24$35$47

Lake Elsinore vs National Average

How Lake Elsinore's medical records specialist salaries compare to national figures.

Lake Elsinore Salary
$72,174
COL Index: 110
National Average
$51,260
COL Index: 100
Difference
+$20,914
Higher in Lake Elsinore

Cost of Living in Lake Elsinore

1-Bedroom Rent
$1,300
per month
Median Income
$72,821
per year
Population
73,510
residents
Rent % of Income
21.4%
median household
Cost of Living Index: 110 — A score of 100 represents the U.S. average. Salaries in Lake Elsinore have been adjusted to account for local cost differences.

About Medical Records Specialist

Overview

Organize, maintain, and manage patient medical records and documentation.

Education

High school diploma; medical records certification preferred

Key Skills

Medical Records ManagementData EntryOrganizationHIPAA Compliance

Growth Rate

Expected job growth: +11% over the next decade

Compare Cities: Medical Records Specialist Salary

See Medical Records Specialist salaries in other top cities.

New York, NY
$60,610
-16%
Los Angeles, CA
$53,930
-25%
Chicago, IL
$49,790
-31%
Houston, TX
$48,940
-32%
Phoenix, AZ
$50,810
-30%

Financial Tools to Explore

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Medical Records Specialist Salary in Lake Elsinore, CA — Complete Guide

Median Salary Overview

The median salary for a medical records specialist in Lake Elsinore, CA is $72,174 per year, adjusted for the local cost of living index of 110. This figure reflects typical earnings for experienced professionals in this role, considering Lake Elsinore's unique economic conditions.

Salary Range and Experience Levels

Entry-level medical records specialist professionals in Lake Elsinore can expect to earn around $50,208 annually. As professionals gain experience, salaries typically increase, with senior-level medical records specialists earning approximately $97,279 per year. This represents a 94% increase from entry to senior level.

Cost of Living Adjustment

Lake Elsinore's cost of living index of 110 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lake Elsinore are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $51,260, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a medical records specialist's salary in Lake Elsinore typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 21.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Medical Records Specialists are in growing demand across the United States, with an expected job growth of 11% over the next decade. In Lake Elsinore, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.