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Medical Records Specialist Salary in Palm Bay, FL

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

Median Salary
$46,216
per year in Palm Bay
Entry Level
$32,150
Starting salary
Senior Level
$62,292
Experienced professionals
Cost of Living
98
2% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$32,150$46,216$62,292
Monthly$2,679$3,851$5,191
Biweekly$1,237$1,778$2,396
Weekly$618$889$1,198
Hourly$15$22$30

Palm Bay vs National Average

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

Palm Bay Salary
$46,216
COL Index: 98
National Average
$51,260
COL Index: 100
Difference
-$5,044
Lower in Palm Bay

Cost of Living in Palm Bay

1-Bedroom Rent
$1,250
per month
Median Income
$52,340
per year
Population
119,760
residents
Rent % of Income
28.7%
median household
Cost of Living Index: 98 — A score of 100 represents the U.S. average. Salaries in Palm Bay 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
+31%
Los Angeles, CA
$53,930
+17%
Chicago, IL
$49,790
+8%
Houston, TX
$48,940
+6%
Phoenix, AZ
$50,810
+10%

Financial Tools to Explore

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Medical Records Specialist Salary in Palm Bay, FL — Complete Guide

Median Salary Overview

The median salary for a medical records specialist in Palm Bay, FL is $46,216 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Palm Bay's unique economic conditions.

Salary Range and Experience Levels

Entry-level medical records specialist professionals in Palm Bay can expect to earn around $32,150 annually. As professionals gain experience, salaries typically increase, with senior-level medical records specialists earning approximately $62,292 per year. This represents a 94% increase from entry to senior level.

Cost of Living Adjustment

Palm Bay's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Palm Bay 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 Palm Bay typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 32.5% 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 Palm Bay, 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.