Medical Coder Hourly Pay in Franklin, IN: $18.70 (2026)
Quick Answer:Hourly pay for a medical coder working in Franklin, IN runs $18.70 at the median for 2026 — annualizing to $38,907 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Franklin's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $20.49 nationally would. A 24-hour part-time schedule grosses $23,343 per year.
Based on BLS state-level estimates · View source
In Franklin, Indiana, the projected medical coder hourly pay stands at $18.70, which is notably below the national median of $20.13 per hour. This figure indicates a more consolidated local job market, where part-time and per-diem workers can expect a wage that directly influences their total earnings based on hours worked. For example, a medical coder working part-time, say three days a week at 24 hours, would earn around $897.60 weekly based on the median rate. Additionally, the range of hourly pay varies from $13.67 for entry-level positions to $28.57 for top earners in this sector, reflecting the varying levels of experience and responsibility among medical coders across Franklin's healthcare settings.
About the Franklin Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Medical Coder Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $13.67 | $109.36 |
| Lower Range (P25) | $15.80 | $126.39 |
| Median (P50) | $18.70 | $149.63 |
| Upper Range (P75) | $23.35 | $186.80 |
| Top Earners (P90) | $28.57 | $228.54 |
Estimated Annual Income by Work Schedule in Franklin
Based on $18.70/hr median hourly rate · 2026 est.
At $18.70/hr, a medical coder working full-time (40 hr/wk) in Franklin, IN can expect to earn approximately $38,905 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $22,445. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Franklin.
Hourly Rate Calculator
Schedule Comparison in Franklin
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $748.16 | $3,242 | $38,905 |
| Part-Time (24 hrs) | $448.90 | $1,945 | $23,343 |
| Per Diem (16 hrs) | $299.27 | $1,297 | $15,562 |
Compare CPC, CCS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Coder (Franklin) | $18.70 |
| Medical Assistant (National Avg) | $20.77 |
| Medical Secretary (National Avg) | $20.19 |
| Medical Lab Technician (National Avg) | $28.18 |
| Billing and Posting Clerk (National Avg) | $21.86 |
Medical Coders in Franklin, IN earn a median of $38,907 per year (2026 est.), which is 7.06% lower than the national median of $41,861 and 1.70% below the Indiana state average of $39,580.
Medical Coder Hourly Pay vs. Cost of Living
Working 24h/week at $18.70/hr = $23,343/year (purchasing power: $25,567).
Working 40h/week (full-time) = $38,905/year (purchasing power: $42,612).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$16.68/hr
2025 BLS Actual
$18.28/hr
2026 Current Est.
$18.70/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Coders in Franklin (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $16.68/hr | Actual |
| 2022 | $16.86/hr | Actual |
| 2023 | $17.44/hr | Actual |
| 2024 | $19.85/hr | Actual |
| 2025 | $18.28/hr | Actual |
| 2026(current) | $18.70/hr | Estimated |
| 2027 | $19.14/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical coders in Franklin grew 9.6% from $16.68/hr (2021) to $18.28/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $19.14/hr by 2027. Part-time and per-diem medical coders can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Franklin metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Medical Coder in Franklin
Examining the financial aspects, part-time medical coders in Franklin could take home approximately $46,780 annually if they consistently work part-time schedules, while full-time coders potentially see much more. Per-diem medical coder pay in Franklin often runs a premium of 10-25% over staff rates, making it an appealing choice for those willing to forgo stability for higher pay scales. Also, the type of employer significantly alters compensation: coders at private practices may earn less than those working with larger healthcare organizations or specialty clinics, which often offer additional benefits. When deciding between positions, coders must weigh the trade-off between higher hourly wages that do not include benefits against slightly lower wages that provide important health insurance options. In Franklin, negotiating these terms effectively involves highlighting skills and certifications, especially when applying to more competitive employer types.
More salary data for Franklin, IN:
Frequently Asked Questions
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Written by Aisha Patel, RHIT, CPC
Career Analyst
Aisha has over 10 years of experience in medical coding. She specializes in inpatient coding at acute care facilities. Aisha works closely with healthcare providers to ensure accurate coding practices.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.32% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for medical coders in Franklin. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Franklin is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical coders (SOC 29-2072).
Compiled and verified by Aisha Patel, RHIT, CPC, a licensed medical coder with 10+ years of clinical experience. · View source data at BLS.gov