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As of August 01, 2026, the average salary for a Medical Coding and Billing in New Mexico is $40,601 per year, which breaks down to an hourly rate of $20.
However, a Medical Coding and Billing's salary can vary significantly. Here’s a look at the typical salary range:
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Medical Coding and Billing Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $43,163 | $3,597 | $830 | $21 |
| Average | $40,601 | $3,383 | $781 | $20 |
| 25th Percentile | $37,949 | $3,162 | $730 | $18 |
UNM Medical Group - Albuquerque, NM
UNM Medical Group, Inc. - Albuquerque, NM
UNM Medical Group - Albuquerque, NM
HME Specialists LLC - Albuquerque, NM
A Medical Coding and Billing's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Medical Coding and Billings. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Medical Coding and Billing roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 50% above the average. In contrast, Medical Coding and Billing positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Medical Coding and Billing as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $60,901 | $29.0 | 50% |
| Financial Services | $48,721 | $23.0 | 20% |
Understanding how a Medical Coding and Billing's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $43,163 | $3,597 | $830 | $21 |
| Average | $40,601 | $3,383 | $781 | $20 |
| 25th Percentile | $37,949 | $3,162 | $730 | $18 |
Ready to take the next step in your career? Browse thousands of current Medical Coding and Billing job openings on our job board. Use the search bar below to find your perfect match.
Revel Staffing
Albuquerque, NM
Revel Staffing | Albuquerque, NM
Job Description. Job Description. The Medical Billing Assistant will help prepare and review insurance claims, assist with basic billing and coding tasks, ... more
7 Days Ago
Muojicare Medical Center Llc
Las Cruces, NM
Muojicare Medical Center Llc | Las Cruces, NM
Job Description. Job Description. Pay. $13.00 - $18.00 per hour. Job description. About Us. Muojicare Medical Center is a patient-focused healthcare practi... more
5 Days Ago
Elite Dermatology
Las Cruces, NM
Elite Dermatology | Las Cruces, NM
Medical Biller PositionWe are seeking a Medical Biller to join our team. As a Medical Biller, you will be working closely with clients to answer questions ... more
3 Days Ago
The WeCare Group, Inc.
SCOTIA, CA
The WeCare Group, Inc. | SCOTIA, CA
WeCare aka Southern Trinity Health Services, Inc. is currently seeking a full-time Physician for our expanding health center with a current CA medical lice... more
10 Months Ago
OhioHealth
GRANDVIEW, OH
OhioHealth | GRANDVIEW, OH
We are more than a health system. We are a belief system. We believe wellness and sickness are both part of a lifelong partnership, and that everyone could... more
3 Days Ago
Methodist Health System
HIGHLAND PARK, TX
Methodist Health System | HIGHLAND PARK, TX
Hours of Work : 8-5 PM Days Of Week : Monday-Friday Work Shift : 8X5 Day (United States of America) Job Description : Job Requirements: Bachelor's degree i... more
3 Days Ago
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