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Medical Records Specialist Salary in Louisville, KY

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

Median Salary
$57,520
per year in Louisville
Entry Level
$40,014
Starting salary
Senior Level
$77,527
Experienced professionals
Cost of Living
95
5% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$40,014$57,520$77,527
Monthly$3,335$4,793$6,461
Biweekly$1,539$2,212$2,982
Weekly$770$1,106$1,491
Hourly$19$28$37

Louisville vs National Average

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

Louisville Salary
$57,520
COL Index: 95
National Average
$51,260
COL Index: 100
Difference
+$6,260
Higher in Louisville

Cost of Living in Louisville

1-Bedroom Rent
$1,250
per month
Median Income
$53,456
per year
Population
633,045
residents
Rent % of Income
28.1%
median household
Cost of Living Index: 95 — A score of 100 represents the U.S. average. Salaries in Louisville 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
+5%
Los Angeles, CA
$53,930
-6%
Chicago, IL
$49,790
-13%
Houston, TX
$48,940
-15%
Phoenix, AZ
$50,810
-12%

Financial Tools to Explore

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Medical Records Specialist Salary in Louisville, KY — Complete Guide

Median Salary Overview

The median salary for a medical records specialist in Louisville, KY is $57,520 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Louisville's unique economic conditions.

Salary Range and Experience Levels

Entry-level medical records specialist professionals in Louisville can expect to earn around $40,014 annually. As professionals gain experience, salaries typically increase, with senior-level medical records specialists earning approximately $77,527 per year. This represents a 94% increase from entry to senior level.

Cost of Living Adjustment

Louisville's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Louisville 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 Louisville typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 26.1% 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 Louisville, 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.