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Medical Records Specialist Salary in Sioux Falls, SD

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

Median Salary
$47,280
per year in Sioux Falls
Entry Level
$32,890
Starting salary
Senior Level
$63,726
Experienced professionals
Cost of Living
103
3% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$32,890$47,280$63,726
Monthly$2,741$3,940$5,311
Biweekly$1,265$1,818$2,451
Weekly$633$909$1,226
Hourly$16$23$31

Sioux Falls vs National Average

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

Sioux Falls Salary
$47,280
COL Index: 103
National Average
$51,260
COL Index: 100
Difference
-$3,980
Lower in Sioux Falls

Cost of Living in Sioux Falls

1-Bedroom Rent
$1,350
per month
Median Income
$57,234
per year
Population
194,110
residents
Rent % of Income
28.3%
median household
Cost of Living Index: 103 — A score of 100 represents the U.S. average. Salaries in Sioux Falls 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
+28%
Los Angeles, CA
$53,930
+14%
Chicago, IL
$49,790
+5%
Houston, TX
$48,940
+4%
Phoenix, AZ
$50,810
+7%

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Medical Records Specialist Salary in Sioux Falls, SD — Complete Guide

Median Salary Overview

The median salary for a medical records specialist in Sioux Falls, SD is $47,280 per year, adjusted for the local cost of living index of 103. This figure reflects typical earnings for experienced professionals in this role, considering Sioux Falls's unique economic conditions.

Salary Range and Experience Levels

Entry-level medical records specialist professionals in Sioux Falls can expect to earn around $32,890 annually. As professionals gain experience, salaries typically increase, with senior-level medical records specialists earning approximately $63,726 per year. This represents a 94% increase from entry to senior level.

Cost of Living Adjustment

Sioux Falls's cost of living index of 103 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Sioux Falls 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 Sioux Falls typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 34.3% 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 Sioux Falls, 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.