Medical Coder Hourly Pay in Fishers, IN: $18.98 (2026)
Quick Answer:Hourly pay for a medical coder working in Fishers, IN runs $18.98 at the median for 2026 — annualizing to $39,484 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-2072). Weighted against Fishers's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $20.79 nationally would. A 24-hour part-time schedule grosses $23,687 per year.
Based on BLS state-level estimates · View source
With an estimated median hourly rate of $18.98 in 2026, medical coders in Fishers, Indiana, find themselves earning slightly less than the national median of $20.13 per hour. This discrepancy could impact part-time and per-diem workers, who typically pursue flexible schedules that fit their lifestyles while earning a decent income. Those working three days a week in clinical settings can expect to earn between $13.28 and $29.43 per hour, illustrating a wide span in compensation driven by experience and skill level. The entry-level positions, while lower on the scale, provide a foothold for individuals beginning their careers in this essential healthcare role.
About the Fishers 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) | $13.28 | $106.25 |
| Lower Range (P25) | $15.65 | $125.24 |
| Median (P50) | $18.98 | $151.84 |
| Upper Range (P75) | $23.51 | $188.11 |
| Top Earners (P90) | $29.43 | $235.42 |
Estimated Annual Income by Work Schedule in Fishers
Based on $18.98/hr median hourly rate · 2026 est.
At $18.98/hr, a medical coder working full-time (40 hr/wk) in Fishers, IN can expect to earn approximately $39,479 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $22,776. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Fishers.
Hourly Rate Calculator
Schedule Comparison in Fishers
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $759.21 | $3,290 | $39,479 |
| Part-Time (24 hrs) | $455.53 | $1,974 | $23,687 |
| Per Diem (16 hrs) | $303.69 | $1,316 | $15,792 |
Compare CPC, CCS Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Medical Coder (Fishers) | $18.98 |
| 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 Fishers, IN earn a median of $39,484 per year (2026 est.), which is 5.68% lower than the national median of $41,861 and 0.20% below the Indiana state average of $39,563.
Medical Coder Hourly Pay vs. Cost of Living
Working 24h/week at $18.98/hr = $23,687/year (purchasing power: $25,945).
Working 40h/week (full-time) = $39,479/year (purchasing power: $43,241).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2021 BLS Actual
$16.92/hr
2025 BLS Actual
$18.55/hr
2026 Current Est.
$18.98/hr
2021–2027 Growth
+14.7%
Hourly Rate Trajectory for Medical Coders in Fishers (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2021 | $16.92/hr | Actual |
| 2022 | $17.11/hr | Actual |
| 2023 | $17.69/hr | Actual |
| 2024 | $20.14/hr | Actual |
| 2025 | $18.55/hr | Actual |
| 2026(current) | $18.98/hr | Estimated |
| 2027 | $19.42/hr | Projected |
Based on 5 years of BLS OEWS metropolitan area data, the median hourly rate for medical coders in Fishers grew 9.6% from $16.92/hr (2021) to $18.55/hr (2025). At a 2.32% projected growth rate, hourly pay is expected to reach $19.42/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 Fishers 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 Fishers
In analyzing the financial landscape for medical coders in Fishers, part-time workers clocking in around 24 hours weekly may take home significantly less annually compared to their full-time counterparts. The per diem medical coder pay in Fishers can often command a premium ranging from 10-25% over standard staff wages, a consideration that may appeal to those valuing flexibility. Hourly rates can vary by employer, with private practices typically offering lower pay than larger healthcare organizations or specialty clinics, which tend to provide more comprehensive compensation packages. Some coders prefer full-time roles with health benefits, even if it means accepting a slightly lower hourly wage. For those negotiating their hourly pay, emphasizing experience and specialized credentials can be crucial in achieving a fair compensation aligned with market standards.
More salary data for Fishers, 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 Fishers. 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 Fishers 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