Medical Coder Salary in Faribault, MN: $31,161 (2026)
Quick Answer:A full-time medical coder in Faribault, MN earns a median $31,161/year (≈ $14.98/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Faribault's price level (1% below national, BEA RPP 98.5), that paycheck buys what $31,636 would nationally. Nominal pay sits 5.5% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Faribault, MN, the projected medical coder salary for 2026 is set at $31,161, reflecting the local market's dynamics compared to the national median of $41,861. The salary range for medical coders in the area varies significantly, with the 10th percentile earning approximately $23,039 and the 90th percentile reaching up to $47,475. These estimates are derived from 2025 BLS data adjusted for local cost factors. With only six medical coders currently employed in the region, competition may be limited, which influences potential earnings and employment opportunities in this specialized field.
About the Faribault Market
Salary estimated from Minnesota average ($54,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $23,039 | $11.08 |
| Lower Range (P25) | $26,405 | $12.70 |
| Median (P50)(typical) | $31,161 | $14.98 |
| Upper Range (P75) | $39,135 | $18.82 |
| Top Earners (P90) | $47,475 | $22.83 |
Median Salary Position
25.56% below the national average
2026 Salary Percentile Distribution in Faribault
In Faribault, MN, the medical coder salary spread from the 10th to 90th percentile is $24,436 (2026 est.). At $31,161, the local median is 25.56% below the national median of $41,861.
Salary Calculator
At 40 hours/week in Faribault: You'd be in the lower-middle range
How Faribault Medical Coder Pay Compares
Faribault median: $31,161/year (2026)
| Compared To | Median Salary | Faribault Pays |
|---|---|---|
| Minnesota Average | $32,974 | -5.50% less |
| National Average | $41,861 | -25.56% less |
Medical Coders in Faribault, MN earn a median of $31,161 per year (2026 est.), which is 25.56% lower than the national median of $41,861 and 5.50% below the Minnesota state average of $32,974.
Cost-of-Living Adjusted Salary
Faribault has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Faribault, MN has a cost-of-living index of 98.5 (below the national average of 100). A medical coder earning $31,161 nominally has purchasing power equivalent to $31,636 in an average-cost city — an effective 1.52% boost.
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2021 BLS Actual
$27,786
2025 BLS Actual
$30,454
2026 Current Est.
$31,161
2021–2027 Growth
+14.7%
Salary Trajectory for Medical Coders in Faribault (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $27,786 | Actual |
| 2022 | $28,096 | Actual |
| 2023 | $29,049 | Actual |
| 2024 | $50,245 | Actual |
| 2025 | $30,454 | Actual |
| 2026(current) | $31,161 | Estimated |
| 2027 | $31,883 | Projected |
Based on 5 years of BLS OEWS data for the Faribault metropolitan area, the median medical coder salary grew 9.6% from $27,786 (2021) to $30,454 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $31,883 by 2027 — a total increase of $4,097 (14.74%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Faribault 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $23,039 – $26,405 |
| 3-5 years (Mid Career) | $26,405 – $31,161 |
| 5+ years (Experienced) | $31,161 – $39,135 |
| 10+ years (Top Earner) | $39,135 – $47,475 |
CPC, CCS salary ranges estimated from BLS percentile data. Individual medical coder compensation varies by employer, certifications, and specialization.
Medical Coder Job Market in Faribault
As the cost of living index stands at 98.5, the purchasing power for medical coders in Faribault is slightly below the national average, which may affect overall financial stability. Employers, such as large healthcare organizations and specialty clinics, tend to offer higher pay, which can influence job attractiveness for aspiring coders. The pay disparity between the lower and upper ends of the salary spectrum can often be attributed to a variety of factors, including shift differentials and the presence of specialized credentials. To maximize their earnings, medical coders in Faribault could consider pursuing additional certifications or seeking positions within larger medical institutions, which tend to offer more competitive benefits and compensation structures.
More salary data for Faribault, MN:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $30,454 for medical codersin the Faribault metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Faribault 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