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Medical Records Specialist Salary in Southlake, TX

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

Median Salary
$60,871
per year in Southlake
Entry Level
$42,345
Starting salary
Senior Level
$82,044
Experienced professionals
Cost of Living
125
25% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$42,345$60,871$82,044
Monthly$3,529$5,073$6,837
Biweekly$1,629$2,341$3,156
Weekly$814$1,171$1,578
Hourly$20$29$39

Southlake vs National Average

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

Southlake Salary
$60,871
COL Index: 125
National Average
$51,260
COL Index: 100
Difference
+$9,611
Higher in Southlake

Cost of Living in Southlake

1-Bedroom Rent
$1,600
per month
Median Income
$192,234
per year
Population
32,910
residents
Rent % of Income
10.0%
median household
Cost of Living Index: 125 — A score of 100 represents the U.S. average. Salaries in Southlake 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
0%
Los Angeles, CA
$53,930
-11%
Chicago, IL
$49,790
-18%
Houston, TX
$48,940
-20%
Phoenix, AZ
$50,810
-17%

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Medical Records Specialist Salary in Southlake, TX — Complete Guide

Median Salary Overview

The median salary for a medical records specialist in Southlake, TX is $60,871 per year, adjusted for the local cost of living index of 125. This figure reflects typical earnings for experienced professionals in this role, considering Southlake's unique economic conditions.

Salary Range and Experience Levels

Entry-level medical records specialist professionals in Southlake can expect to earn around $42,345 annually. As professionals gain experience, salaries typically increase, with senior-level medical records specialists earning approximately $82,044 per year. This represents a 94% increase from entry to senior level.

Cost of Living Adjustment

Southlake's cost of living index of 125 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Southlake 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 Southlake typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 31.5% 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 Southlake, 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.