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Medical Records Specialist Salary in Minneapolis, MN

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

Median Salary
$61,300
per year in Minneapolis
Entry Level
$42,643
Starting salary
Senior Level
$82,622
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 Minneapolis.

PeriodEntry LevelMedianSenior
Annual$42,643$61,300$82,622
Monthly$3,554$5,108$6,885
Biweekly$1,640$2,358$3,178
Weekly$820$1,179$1,589
Hourly$21$29$40

Minneapolis vs National Average

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

Minneapolis Salary
$61,300
COL Index: 110
National Average
$51,260
COL Index: 100
Difference
+$10,040
Higher in Minneapolis

Cost of Living in Minneapolis

1-Bedroom Rent
$1,550
per month
Median Income
$62,456
per year
Population
429,954
residents
Rent % of Income
29.8%
median household
Cost of Living Index: 110 — A score of 100 represents the U.S. average. Salaries in Minneapolis 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
-1%
Los Angeles, CA
$53,930
-12%
Chicago, IL
$49,790
-19%
Houston, TX
$48,940
-20%
Phoenix, AZ
$50,810
-17%

Financial Tools to Explore

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Medical Records Specialist Salary in Minneapolis, MN — Complete Guide

Median Salary Overview

The median salary for a medical records specialist in Minneapolis, MN is $61,300 per year, adjusted for the local cost of living index of 110. This figure reflects typical earnings for experienced professionals in this role, considering Minneapolis's unique economic conditions.

Salary Range and Experience Levels

Entry-level medical records specialist professionals in Minneapolis can expect to earn around $42,643 annually. As professionals gain experience, salaries typically increase, with senior-level medical records specialists earning approximately $82,622 per year. This represents a 94% increase from entry to senior level.

Cost of Living Adjustment

Minneapolis's cost of living index of 110 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Minneapolis 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 Minneapolis typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 30.3% 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 Minneapolis, 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.