What is the average salary for medical billing and coding specialists?

The median salary for medical billing and coding specialists is approximately $14.45 per hour as of December of 2014 based on 786 individuals surveyed according to PayScale.com. The hourly rate ranges from a low of $10.19 to a high of $19.09.

Geographic location is the most important factor determining a medical billing and coding specialist's salary, followed by tenure, according to PayScale.com. Nearly two-thirds report receiving medical coverage while two-fifths have dental coverage. The minimum education needed for this profession is a high school diploma and a Certified Professional Coder designation. Depending on the employer, up to two years of relevant experience may be required.