How Much Does a Medical Biller and Coder Make an Hour?

One career path that is both challenging and rewarding is a medical biller and coder. How much does a medical coder make? According to data from the U.S. Bureau of Labor Statistics (BLS), medical records specialists (aka medical billers and coders) make a median of $47,180 per year, or $22.69 per hour.

Keep reading to learn what medical billers and coders do, and the qualifications and requirements.

What Are Medical Coders?

A medical biller and coder’s job responsibilities revolve around translating a physician’s medical reports into uniform medical codes that can be easily understood by insurers and other health care facilities. These professionals need to be detail-oriented, as one letter or number out of place can make a big difference. This type of work is also fairly independent and as such is a solid fit for introverts with anxiety.

A medical biller and coder steps in after the physician meets with a patient. Their work helps health insurance providers process the patient’s bill. Communication is primarily conducted using codes that describe medical diagnoses and procedures.


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Medical Coder Job Responsibility Examples

A medical biller and coder needs to know the following protocols:

•   Clinical documentation

•   Health information technology

•   Customer billing

•   Disease classification through ICD-10 codes

•   Medical services and procedures classification via CPT codes

•   Hospital facilities, supplies, and procedures through Inpatient coding

•   Medicare and Medicaid coding via HCPCS

Medical billers and coders also need to remain HIPAA-compliant throughout their work. HIPAA stands for the Health Insurance Portability and Accountability Act and deals with patient privacy.

How Much Do Starting Medical Coders Make?

According to the BLS’s most recent data from 2022, the bottom 10% of medical records specialists earn less than $31,710, typically at the entry-level stage. At the other end of the spectrum, 10% of workers in this role earn more than $75,460.

Medical coders may be paid by the hour or salaried.


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What Is the Average Salary for a Medical Coder?

On average, professional medical coders can expect to make $47,180 per year or $22.69 per hour. However, the type of medical coding job they take on can affect how much they’ll be paid. Some types of workplaces tend to pay more competitively for this skill set.

The top workplaces for medical coders and their mean salaries include:

•   Insurer carriers: $64,800

•   Physician offices: $42,800

•   Residential care facilities: $44,350

•   Administrative and support services: $57,950

•   Hospitals (state, local, and private): $54,210

The state someone lives in also impacts their earning potential as a medical biller and coder.

Average Medical Coder Income by State for 2022

State

Annual Salary

Monthly Pay

Weekly Pay

Hourly Wage

Hawaii $52,844 $4,403 $1,016 $25.41
Nevada $52,001 $4,333 $1,000 $25.00
Massachusetts $51,403 $4,283 $988 $24.71
Rhode Island $50,300 $4,191 $967 $24.18
Oregon $50,218 $4,184 $965 $24.14
Alaska $49,526 $4,127 $952 $23.81
North Dakota $48,913 $4,076 $940 $23.52
Washington $48,017 $4,001 $923 $23.09
New York $46,948 $3,912 $902 $22.57
South Dakota $46,907 $3,908 $902 $22.55
Maryland $46,213 $3,851 $888 $22.22
Virginia $44,919 $3,743 $863 $21.60
Kentucky $44,416 $3,701 $854 $21.35
Colorado $44,248 $3,687 $850 $21.27
Idaho $44,081 $3,673 $847 $21.19
Delaware $43,600 $3,633 $838 $20.96
New Hampshire $43,488 $3,624 $836 $20.91
Nebraska $43,362 $3,613 $833 $20.85
California $43,304 $3,608 $832 $20.82
South Carolina $43,147 $3,595 $829 $20.74
Vermont $42,717 $3,559 $821 $20.54
Tennessee $42,399 $3,533 $815 $20.38
Arkansas $42,039 $3,503 $808 $20.21
Connecticut $41,780 $3,481 $803 $20.09
Arizona $41,470 $3,455 $797 $19.94
Illinois $41,453 $3,454 $797 $19.93
Oklahoma $41,434 $3,452 $796 $19.92
New Jersey $41,340 $3,445 $795 $19.88
Michigan $41,227 $3,435 $792 $19.82
Wyoming $41,151 $3,429 $791 $19.78
Maine $41,061 $3,421 $789 $19.74
Minnesota $40,756 $3,396 $783 $19.59
Missouri $40,633 $3,386 $781 $19.54
Indiana $40,041 $3,336 $770 $19.25
Montana $39,604 $3,300 $761 $19.04
West Virginia $39,572 $3,297 $761 $19.03
Texas $39,145 $3,262 $752 $18.82
Pennsylvania $38,632 $3,219 $742 $18.57
Wisconsin $38,480 $3,206 $740 $18.50
Ohio $38,398 $3,199 $738 $18.46
Iowa $38,048 $3,170 $731 $18.29
Utah $37,811 $3,150 $727 $18.18
Kansas $36,658 $3,054 $704 $17.62
New Mexico $36,436 $3,036 $700 $17.52
North Carolina $36,154 $3,012 $695 $17.38
Alabama $36,123 $3,010 $694 $17.37
Mississippi $35,956 $2,996 $691 $17.29
Florida $34,025 $2,835 $654 $16.36
Georgia $33,234 $2,769 $639 $15.98
Louisiana $32,630 $2,719 $627 $15.69
Source: ZipRecruiter

Recommended: The Highest-Paying Jobs by State

Medical Coder Job Considerations for Pay and Benefits

Professionals considering this career path should keep benefits top of mind. Because most medical records specialists work full-time positions, candidates may want to focus their job search on roles that come with health insurance, paid time off, and retirement plans.

Pros and Cons of Medical Coder Salary

Before deciding to pursue a career as a medical biller and coder, consider these advantages and disadvantages.

Pros

•   Four-year degree not required. To become a medical biller and coder, only a short accredited training program is required. It generally takes 7-24 months to complete training.

•   Training can be completed online. This means that students can balance a full-time job and/or family obligations while completing their education.

•   Low training costs. These programs are typically much cheaper than pursuing a four-year degree or training for high-paying trade jobs. Students can expect to pay $1,000 to $3,000 per training program.

•   Work-from-home potential. Many medical biller and coder jobs are remote. This makes medical coding a good work-from-home job for retirees.

Cons

•   High school diploma or GED required. While students can skip the traditional college route in pursuit of this career path, they do generally need either a GED or high school diploma to be eligible for the required training programs.

•   Certification required. Once a student completes a medical biller and coding training program, they need to become certified. This requires passing both the Certified Professional Coder (CPC) and the Registered Health Information Technician (RHIT) exams.

•   Must renew certifications. One major hurdle associated with being a medical biller and coder is needing to renew your certification every two to three years.

•   Risk of carpal tunnel syndrome. Because of the repetitive typing motions with this role, developing carpal tunnel syndrome is a possibility.

Recommended: How Much House You Can Afford Based on Income

The Takeaway

Working as a medical biller and coder can be a great career path for individuals who are detail-oriented and like a job with consistent responsibilities. That said, this role does require formal training, passing certification exams, and maintaining a professional certification. So this career path requires a level of commitment.

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FAQ

What type of medical coder makes the most money?

Hospital medical coders make the most money, as well as those in professional, scientific, and technical services. The median annual salary for those niches is $47,000.

What is the highest paid medical biller and coder?

The type of medical coding work someone does, their experience level, and their location can all impact earnings. The top 10% of high earners in the medical biller and coder field earn more than $74,200.

Is becoming a medical biller and coder worth it?

On the low end, 10% of medical coders earn less than $29,430. However, this career path offers much higher earning potential for committed and experiences pros.


About the author

Jacqueline DeMarco

Jacqueline DeMarco

Jacqueline DeMarco is a freelance writer who specializes in financial topics. Her first job out of college was in the financial industry, and it was there she gained a passion for helping others understand tricky financial topics. Read full bio.



Photo credit: iStock/Marco VDM

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

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Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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How Much Does a Medical Assistant Make a Year?

The median pay for medical assistants is $38,270 annually for the most recent year studied, according to the Bureau of Labor Statistics.

If someone is very social and passionate about the medical field, they may find they really enjoy working as a medical assistant. Patient care will be one of their main responsibilities, but it’s not necessary to attend medical school to work in this role, which can mean a significant reduction in student debt. To better understand what the role of a physician assistant entails and how salary can vary by location and experience, keep reading.

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What Are Medical Assistants?

What a medical assistant does on a daily basis depends on their specialty. While some medical assistants specialize in clinical tasks, others focus on administrative functions. Specializations may also align with specific medical practices, such as assisting ophthalmologists in educating patients about contact lens care.

These are some common tasks that medical assistants may tackle on a daily basis:

•   Interview patients

•   Record patient medical history

•   Measure vital signs

•   Assist physicians during examinations

•   Administer injections or medications as directed by physicians and state law

•   Conduct basic laboratory tests

•   Schedule patient appointments

•   Managing medical records

•   Handle insurance-related tasks

•   Maintain inventory.

Given how much of one’s time at work can be spent interacting with patients and other members of the medical team, the role of a physician’s assistant probably is not a great fit as a job for introverts.

Another aspect of this role to consider is that training for a medical assistant career often involves one to two years of study to receive an associate’s degree or certificate. This can be a more affordable option for a medical job than one that requires additional training.


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How Much Do Starting Medical Assistants Make a Year?

As briefly noted earlier, the median annual wage for medical assistants is $38,270. However, when someone is working as an entry-level medical assistant, they can expect their salary to be on the lower side. The lowest 10% of earners in this role earn less than $30,390.

However, the highest 10% earn more than $51,710. While that is significantly higher than the average, it does reveal that it may not be easy to earn $100,000 annually as a medical assistant.

For those looking to earn more as a medical assistant, it’s always a good idea to interview with a few different medical practices or facilities to see which employer can offer the most competitive pay.

What is the Average Salary for a Medical Assistant?

The average annual salary that a medical assistant earns varies a lot depending on what state they work in. This difference in wages can be substantial. For example, on average medical assistants in New Jersey earn $15,136 more than their West Virginia counterparts.

The following table illustrates how much their salary and hourly wages can vary by state, arranged from highest to lowest figures.

What is the Average Medical Assistant Salary by State for 2023

State Annual Salary Monthly Pay Weekly Pay Hourly Wage
New Jersey $43,978 $3,664 $845 $21.14
Wyoming $43,660 $3,638 $839 $20.99
Wisconsin $43,084 $3,590 $828 $20.71
Washington $42,976 $3,581 $826 $20.66
Massachusetts $42,784 $3,565 $822 $20.57
Indiana $42,718 $3,559 $821 $20.54
Alaska $42,716 $3,559 $821 $20.54
Oregon $42,410 $3,534 $815 $20.39
North Dakota $42,322 $3,526 $813 $20.35
Arizona $41,834 $3,486 $804 $20.11
Hawaii $41,495 $3,457 $797 $19.95
New Mexico $41,419 $3,451 $796 $19.91
Montana $41,204 $3,433 $792 $19.81
Minnesota $41,073 $3,422 $789 $19.75
Colorado $40,824 $3,402 $785 $19.63
New York $40,763 $3,396 $783 $19.60
Alabama $40,689 $3,390 $782 $19.56
Nevada $40,389 $3,365 $776 $19.42
Ohio $40,082 $3,340 $770 $19.27
South Dakota $39,999 $3,333 $769 $19.23
Vermont $39,700 $3,308 $763 $19.09
Rhode Island $39,281 $3,273 $755 $18.89
Iowa $38,912 $3,242 $748 $18.71
Connecticut $38,734 $3,227 $744 $18.62
Delaware $38,634 $3,219 $742 $18.57
Tennessee $38,269 $3,189 $735 $18.40
Virginia $38,179 $3,181 $734 $18.36
Mississippi $38,167 $3,180 $733 $18.35
Utah $38,046 $3,170 $731 $18.29
Georgia $37,905 $3,158 $728 $18.22
Illinois $37,709 $3,142 $725 $18.13
Maryland $37,440 $3,120 $720 $18.00
Pennsylvania $37,345 $3,112 $718 $17.95
California $37,258 $3,104 $716 $17.91
Nebraska $36,716 $3,059 $706 $17.65
Maine $36,477 $3,039 $701 $17.54
Missouri $36,291 $3,024 $697 $17.45
New Hampshire $36,270 $3,022 $697 $17.44
South Carolina $35,937 $2,994 $691 $17.28
Kansas $35,925 $2,993 $690 $17.27
Louisiana $35,860 $2,988 $689 $17.24
Idaho $35,575 $2,964 $684 $17.10
Oklahoma $35,557 $2,963 $683 $17.09
Texas $35,275 $2,939 $678 $16.96
North Carolina $35,196 $2,933 $676 $16.92
Kentucky $33,916 $2,826 $652 $16.31
Michigan $33,819 $2,818 $650 $16.26
Florida $33,545 $2,795 $645 $16.13
Arkansas $32,178 $2,681 $618 $15.47
West Virginia $28,842 $2,403 $554 $13.87

Source: ZipRecruiter

Medical Assistant Job Considerations for Pay & Benefits

Many medical assistants work in full-time positions, which can qualify them for employee benefits, such as:

•   Health insurance

•   Employer-sponsored retirement plans

•   Paid time off.

That being said, if someone only works part-time, they may not qualify for any benefits.


💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.

Pros and Cons of Medical Assistant Salary

One of the main advantages of a medical assistant salary is that it isn’t canceled out by expensive student loan debt payments each month. Having a bachelor’s or graduate school degree is not necessary to work as a medical assistant.

In many cases, a postsecondary certificate is required, but sometimes only a high school diploma and on-the-job training is required.

Also, except for those who are looking for a job for antisocial people, a medical assistant career can involve plenty of satisfying social interaction. It can also be a good choice for those who like to know they are helping to enhance others’ quality of life.

The Takeaway

Working as a medical assistant can be a great way to work in the medical field without having to pursue many years of higher education. This is also a very stable career field to enter, as the employment outlook for medical assistants indicates a projected growth of 14% from 2022 to 2032, which surpasses the average rate of expansion for all occupations.

See exactly how your money comes and goes at a glance.

FAQ

Can you make 100k a year as a medical assistant?

In most cases, it is not possible to earn more than $100,000 a year. The median annual salary for this role is $38,270 per year. That being said, it is possible to earn more than that if the medical assistant has many years of experience under their belt.

Do people like being a medical assistant?

Many people enjoy working as a medical assistant, especially if they are passionate about patient care. However, this role is not a good fit for those who are antisocial or would call themselves an introvert, as it can require interacting with a lot of different people on a daily basis.

Is it hard to get hired as a medical assistant?

Getting hired as a medical assistant isn’t too challenging as this role doesn’t require much-specialized schooling. It’s also a very in-demand field — on average, there is an anticipation of around 114,600 job openings annually for medical assistants.


About the author

Jacqueline DeMarco

Jacqueline DeMarco

Jacqueline DeMarco is a freelance writer who specializes in financial topics. Her first job out of college was in the financial industry, and it was there she gained a passion for helping others understand tricky financial topics. Read full bio.



Photo credit: iStock/FG Trade Latin

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

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How Much Does a Detective Make a Year?

The median annual salary for detectives is $52,120 for the most recent year reviewed, according to the Bureau of Labor Statistics.

This can be an exciting career for many people. Is there anything quite as satisfying as solving a big mystery? For anyone who is passionate about putting the puzzle pieces together until they discover the truth, working as a detective could be a dream job.

Read on to learn more about this career path. In addition to how much a detective makes a year, you can find out about the responsibilities and benefits involved.

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What Are Detectives?

Working as a private detective involves searching and piecing together financial, legal, and personal matters to help get to the root of an unanswered question. For example, private detectives can help find missing persons or investigate cybercrimes. Here’s a quick breakdown of some common on-the-job responsibilities that detectives tackle on a daily basis:

•   Conduct interviews to help collect information

•   Pursue evidence

•   Review civil judgments and criminal history

•   Plan and execute surveillance

•   Search records (court, public, and online).

Some private detectives work for themselves and offer their services to a variety of clients, whereas others work for businesses, like law firms.

Regardless of where one works, being a detective can involve a good number of interviews and interpersonal interaction. For this reason, it may not be a good job for antisocial people.


💡 Quick Tip: Online tools make tracking your spending a breeze: You can easily set up budgets, then get instant updates on your progress, spot upcoming bills, analyze your spending habits, and more.

How Much Do Starting Detectives Make a Year?

In the early days of their career, detectives can expect to earn less until they gain more experience and a strong reputation for their sleuthing skills. When it comes to entry-level detective work, competitive pay can be fairly low. The lowest 10% of detective earners made less than $33,710 per year.

However, there is considerable room for improvement when it comes to salary for this role. The highest 10% earn more than $92,660 annually. This indicates that it can be possible to earn $100,000 per year as a detective.

Recommended: Work-at-Home Jobs for Retirees

What is the Average Salary for a Detective?

Some detectives earn an annual salary (a median of $52,120), but others earn an hourly wage. How much does a detective make an hour? The median hourly wage is $25.06.

How much someone earns on average working as a detective can vary based on where they live and the industry they work in. When it comes to working in different industries, these are the median annual wages for detectives in a few different industries for the most recent year available:

•   Government: $64,220

•   Professional, scientific, and technical services: $61,280

•   Investigation, guard, and armored car services: $47,280

•   Retail trade: $37,290

The state someone works in also plays a big role in their earning potential. The following table highlights how average detective wages can vary by state, with salaries listed from highest to lowest.

What is the Average Detective Salary by State for 2023

State Annual Salary Monthly Pay Weekly Pay Hourly Wage
Wisconsin $68,202 $5,683 $1,311 $32.79
Alaska $66,013 $5,501 $1,269 $31.74
Massachusetts $65,834 $5,486 $1,266 $31.65
Oregon $65,791 $5,482 $1,265 $31.63
New Mexico $65,593 $5,466 $1,261 $31.54
North Dakota $65,592 $5,466 $1,261 $31.53
Washington $65,380 $5,448 $1,257 $31.43
Minnesota $64,657 $5,388 $1,243 $31.09
Hawaii $64,277 $5,356 $1,236 $30.90
Ohio $63,203 $5,266 $1,215 $30.39
Colorado $62,621 $5,218 $1,204 $30.11
Nevada $62,417 $5,201 $1,200 $30.01
South Dakota $61,992 $5,166 $1,192 $29.80
New York $61,597 $5,133 $1,184 $29.61
Iowa $61,016 $5,084 $1,173 $29.33
Rhode Island $60,938 $5,078 $1,171 $29.30
Connecticut $60,392 $5,032 $1,161 $29.03
Tennessee $60,347 $5,028 $1,160 $29.01
Vermont $60,038 $5,003 $1,154 $28.86
Utah $59,824 $4,985 $1,150 $28.76
Mississippi $59,304 $4,942 $1,140 $28.51
Delaware $59,138 $4,928 $1,137 $28.43
Virginia $58,393 $4,866 $1,122 $28.07
Illinois $57,890 $4,824 $1,113 $27.83
Maryland $57,300 $4,775 $1,101 $27.55
New Jersey $56,643 $4,720 $1,089 $27.23
California $56,576 $4,714 $1,088 $27.20
Louisiana $56,450 $4,704 $1,085 $27.14
Pennsylvania $56,431 $4,702 $1,085 $27.13
Nebraska $56,157 $4,679 $1,079 $27.00
Kansas $55,812 $4,651 $1,073 $26.83
Missouri $55,599 $4,633 $1,069 $26.73
Maine $55,350 $4,612 $1,064 $26.61
South Carolina $55,077 $4,589 $1,059 $26.48
New Hampshire $54,828 $4,569 $1,054 $26.36
Oklahoma $54,383 $4,531 $1,045 $26.15
Idaho $54,051 $4,504 $1,039 $25.99
Wyoming $54,049 $4,504 $1,039 $25.99
North Carolina $53,940 $4,495 $1,037 $25.93
Texas $53,624 $4,468 $1,031 $25.78
Indiana $53,401 $4,450 $1,026 $25.67
Arizona $52,297 $4,358 $1,005 $25.14
Kentucky $52,131 $4,344 $1,002 $25.06
Michigan $51,864 $4,322 $997 $24.94
Montana $51,509 $4,292 $990 $24.76
Alabama $50,866 $4,238 $978 $24.46
Arkansas $49,398 $4,116 $949 $23.75
Georgia $47,386 $3,948 $911 $22.78
West Virginia $43,583 $3,631 $838 $20.95
Florida $41,937 $3,494 $806 $20.16

Source: ZipRecruiter



💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.

Detective Job Considerations for Pay & Benefits

Detectives who work for businesses such as large corporations or law firms on a full-time basis often receive employer-sponsored benefits as a part of their compensation package. These benefits can include paid time off, retirement accounts with employer contribution matches, and health insurance.

However, many detectives work on a part-time basis or are self-employed and then are on the hook for supplying their own benefits which can be quite expensive.

Recommended: The Highest Paying Jobs in the US

Pros and Cons of Detective Salary

Detectives can earn a very good salary, and the work can be very interesting.

However, the tradeoff may not be worth it for some. Working as a detective often involves long and varied hours due to the nature of their work — especially when they are conducting surveillance. Some people may find that working on weekends, nights, or holidays isn’t worth the salary. It simply may not align with their career goals and the desired work-life balance.

The Takeaway

Skilled detectives stand to earn a lot of money (close to six figures) as they work their way up in their industry. This can be a very exciting, but also extremely demanding role.

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FAQ

Can you make 100k a year as a detective?

It is possible to make $100,000 a year or more as a detective. The top 10% of earners in this field make $92,660 or more per year. As a detective gains years of experience and improves their skills, they can expect to earn more competitive pay.

Do people like being a detective?

Many people pursue a career as a detective because they are passionate about the work they do and enjoy a lot of satisfaction from their job. It’s worth noting that this job can require a lot of personal interactions and may not be the best fit for anyone who is antisocial.

Is it hard to get hired as a detective?

Getting hired as a detective can be competitive, but there is currently anticipated to be 3,800 openings for private detectives each year until 2032. There is also a projected 6% growth in employment opportunities, so someone with the right qualifications should be able to find a job in this field.


About the author

Jacqueline DeMarco

Jacqueline DeMarco

Jacqueline DeMarco is a freelance writer who specializes in financial topics. Her first job out of college was in the financial industry, and it was there she gained a passion for helping others understand tricky financial topics. Read full bio.



Photo credit: Andrii Lysenko

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

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How Much Does a Dermatologist Make a Year

According to the Bureau of Labor Statistics, the mean annual wage for a dermatologist as of 2022 is $327,650. This career can be a challenging and rewarding profession, both financially and emotionally. Dermatologists can help their patients look and feel their best. In some cases, they can even save their lives.

Read on to better understand what it’s like to work as a dermatologist, how much they earn, and the benefits and downsides of choosing this line of work.

What Are Dermatologists

Dermatologists are a type of doctors who specialize in the field of dermatology. They manage diagnoses and treatments relating to skin, hair, and nail health. They help patients with issues ranging from eczema and skin infections to acne and skin cancer.

Some dermatologists perform cosmetic procedures like laser treatments, injections, and chemical peels. An important role that dermatologists also take on is educating patients on sun protection to help them avoid running into skin damage and skin cancer.

As you might imagine, considerable training is involved to become a dermatologist. Typically, it can take 12 years of training and education. To complete this, some aspiring dermatologists will take out student loans. The amount of average student loan debt can be similar to the amount any other medical doctor takes on, meaning in the range of $200,000.


💡 Quick Tip: When you have questions about what you can and can’t afford, a spending tracker app can show you the answer. With no guilt trip or hourly fee.

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How Much Do Starting Dermatologists Make a Year?

It’s important to note that dermatologists will likely see their salaries rise over time. While their entry-level salary may be lower than the average figure, it should rise over time.

That being said, the lowest 10% of earners in this role make an estimated annual wage of $102,010. So even the lowest income is likely around or over the $100,000 a year salary level.

What is the Average Salary for a Dermatologist?

As briefly noted earlier, the average salary or hourly wage for a dermatologist can be affected by where they work.

This applies to the type of medical practice or healthcare setting they work in. Consider the annual mean wage by workplace, all of which can be relatively high-paying jobs:

•   Offices of physicians: $338,810

•   Offices of other health practitioners: $200,900

•   Personal care services: $126,640

Next, take a closer look at how dermatologist salaries vary by the state they work in, arranged from highest annual pay to lowest.


What is the Average Dermatologist Salary by State for 2023

State

Annual Salary

Monthly Pay

Weekly Pay

Hourly Wage

New York $417,984 $34,832 $8,038 $200.95
Vermont $410,790 $34,232 $7,899 $197.50
California $403,464 $33,622 $7,758 $193.97
Maine $391,809 $32,650 $7,534 $188.37
Idaho $387,606 $32,300 $7,453 $186.35
Washington $384,581 $32,048 $7,395 $184.90
Pennsylvania $382,812 $31,901 $7,361 $184.04
Massachusetts $378,130 $31,510 $7,271 $181.79
Alaska $375,736 $31,311 $7,225 $180.64
New Jersey $374,345 $31,195 $7,198 $179.97
New Hampshire $373,458 $31,121 $7,181 $179.55
Oregon $371,445 $30,953 $7,143 $178.58
North Dakota $371,076 $30,923 $7,136 $178.40
Wisconsin $368,704 $30,725 $7,090 $177.26
Wyoming $365,397 $30,449 $7,026 $175.67
Hawaii $364,033 $30,336 $7,000 $175.02
Colorado $362,070 $30,172 $6,962 $174.07
Indiana $358,997 $29,916 $6,903 $172.60
Nevada $355,272 $29,606 $6,832 $170.80
New Mexico $354,287 $29,523 $6,813 $170.33
Minnesota $353,792 $29,482 $6,803 $170.09
Arizona $351,574 $29,297 $6,761 $169.03
South Dakota $350,707 $29,225 $6,744 $168.61
Montana $346,277 $28,856 $6,659 $166.48
Ohio $344,572 $28,714 $6,626 $165.66
Rhode Island $344,050 $28,670 $6,616 $165.41
Delaware $343,410 $28,617 $6,604 $165.10
Alabama $341,952 $28,496 $6,576 $164.40
Virginia $339,682 $28,306 $6,532 $163.31
Connecticut $337,334 $28,111 $6,487 $162.18
Iowa $336,698 $28,058 $6,474 $161.87
Illinois $334,142 $27,845 $6,425 $160.65
Mississippi $333,696 $27,808 $6,417 $160.43
Maryland $332,886 $27,740 $6,401 $160.04
Tennessee $328,977 $27,414 $6,326 $158.16
Utah $328,133 $27,344 $6,310 $157.76
Nebraska $326,672 $27,222 $6,282 $157.05
Missouri $322,302 $26,858 $6,198 $154.95
South Carolina $319,039 $26,586 $6,135 $153.38
Georgia $318,554 $26,546 $6,126 $153.15
Oklahoma $316,356 $26,363 $6,083 $152.09
Texas $315,939 $26,328 $6,075 $151.89
Kansas $314,148 $26,179 $6,041 $151.03
North Carolina $312,455 $26,037 $6,008 $150.22
Louisiana $308,889 $25,740 $5,940 $148.50
Kentucky $300,127 $25,010 $5,771 $144.29
Michigan $300,010 $25,000 $5,769 $144.24
West Virginia $295,651 $24,637 $5,685 $142.14
Arkansas $285,133 $23,761 $5,483 $137.08
Florida $281,918 $23,493 $5,421 $135.54

Source: Ziprecruiter



💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.

Dermatologist Job Considerations for Pay & Benefits

Alongside receiving competitive pay, many dermatologists work full-time and therefore qualify for employer benefits.

•   If they run their own medical practice, they would need to purchase these benefits for themselves and their employees.

•   If they work for a practice they don’t own, a medical group, or in a hospital setting, they should qualify for valuable employee benefits like paid time off, retirement accounts, and healthcare.

Pros and Cons of Dermatologist Salary

The main advantage of a dermatologist salary is that it is usually quite high. The tradeoff for that high salary may be a lot of student loan debt, as noted above.

To work as a dermatologist in the United States, you need to attend and finance medical school after receiving an undergraduate degree, which can be quite time-consuming and costly.

The Takeaway

Working as a dermatologist makes it possible to help people dealing with skin care and concerns, while earning a good salary. Dermatologists earn a median annual wage of $327,650, which is a salary many people would be happy with. However, obtaining the necessary training can be quite expensive, so dermatologists may start their careers with considerable student loan debt to pay off.

FAQ

Can you make 100k a year as a dermatologist?

It’s very possible to earn $100,000 a year as a dermatologist. Even the 10% of lowest wage earners in this role earn an estimated annual salary of $102,010.

Do people like being a dermatologist?

Many people enjoy working as a dermatologist as this role can be fulfilling. Not only is the work interesting (diagnosing and resolving health concerns), but it involves helping people live healthier and happier lives.

Is it hard to get hired as a dermatologist?

It may not be challenging to find a job as a dermatologist once the applicant has the proper qualifications as the field is growing at a rate that is at least on par with other professions, if not higher.


About the author

Jacqueline DeMarco

Jacqueline DeMarco

Jacqueline DeMarco is a freelance writer who specializes in financial topics. Her first job out of college was in the financial industry, and it was there she gained a passion for helping others understand tricky financial topics. Read full bio.



Photo credit: iStock/stefanamer

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

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How Much Does a Dental Assistant Make a Year

The median pay for a dental assistant was recently calculated to be $44,820 per year, according to the Bureau of Labor Statistics.

If someone is looking for a career in the medical field, but doesn’t want to commit many years and a lot of money to medical school, they may want to look into becoming a dental assistant. This career involves significantly less schooling than one would have to pursue to become a dentist but can offer a stable and rewarding career path.

Keep reading for more insight into what it’s like to work as a dental assistant and what this career’s earning potential can be.

What Are Dental Assistants?

A dental assistant is a healthcare professional who assists dentists in caring for their patients and with general administrative tasks.

Typically, they have completed training as a dental assistant after high school, meaning this can be a potential good job without a college degree.

These are some common responsibilities of dental assistants:

•   Scheduling patient appointments for efficient management

•   Collaborating with patients on medical billing and payment matters

•   Providing instructions to patients on proper oral hygiene practices

•   Preparing both patients and the work area for various treatments and procedures

•   Sterilizing dental instruments to maintain hygiene standards

•   Ensuring the comfort of patients in the dental chair

•   Assisting dentists by handing them instruments during procedures

•   Using suction hoses and other equipment to dry patients’ mouths

•   Processing X-rays and performing lab tasks under the dentist’s guidances

•   Maintaining records of dental treatments for accurate documentation.

As you may have noticed, this job requires a good degree of interaction with coworkers and patients. For this reason, it may be a good fit for those who consider themselves a “people person” and not a great career for an introvert.

Also, it’s important to note that the exact role of a dental assistant can vary based on the state they are working in. This is due to varying state regulations.


💡 Quick Tip: Online tools make tracking your spending a breeze: You can easily set up budgets, then get instant updates on your progress, spot upcoming bills, analyze your spending habits, and more.

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How Much Do Starting Dental Assistants Make a Year?

Understandably, entry-level salaries for dental assistants tend to be less than those for their more experienced counterparts. In terms of how much money a dental assistant makes when they first start their career, here are some numbers: As of 2022, the lowest 10% of workers in this role earned less than $31,450.

However, they can expect to earn more competitive pay over time, as the highest 10% in this role earned more than $59,200.

Recommended: 50 Highest Paying Jobs in the US

What Is the Average Salary for a Dental Assistant?

How much a dental assistant makes an hour can depend a lot on where they choose to work. While the median hourly pay rate for this work is $21.55 per hour as of 2022, the following chart (which goes from highest to lowest) illustrates how greatly this hourly wage can vary on a state level.

What is the Average Dental Assistant Salary by State for 2023

State

Annual Salary

Monthly Pay

Weekly Pay

Hourly Wage

Washington $49,250 $4,104 $947 $23.68
Delaware $46,132 $3,844 $887 $22.18
Virginia $45,338 $3,778 $871 $21.80
Maryland $44,646 $3,720 $858 $21.46
New York $44,589 $3,715 $857 $21.44
Vermont $43,670 $3,639 $839 $21.00
Nebraska $43,601 $3,633 $838 $20.96
Oklahoma $42,225 $3,518 $812 $20.30
California $42,159 $3,513 $810 $20.27
Massachusetts $41,644 $3,470 $800 $20.02
Alaska $41,274 $3,439 $793 $19.84
Maine $41,066 $3,422 $789 $19.74
Pennsylvania $40,842 $3,403 $785 $19.64
Oregon $40,709 $3,392 $782 $19.57
North Dakota $40,692 $3,391 $782 $19.56
Idaho $40,410 $3,367 $777 $19.43
New Jersey $40,385 $3,365 $776 $19.42
Texas $40,211 $3,350 $773 $19.33
Colorado $39,948 $3,329 $768 $19.21
Hawaii $39,932 $3,327 $767 $19.20
Wisconsin $39,897 $3,324 $767 $19.18
New Hampshire $39,776 $3,314 $764 $19.12
Wyoming $39,041 $3,253 $750 $18.77
Nevada $39,027 $3,252 $750 $18.76
South Dakota $38,458 $3,204 $739 $18.49
Indiana $38,449 $3,204 $739 $18.49
Minnesota $38,422 $3,201 $738 $18.47
New Mexico $38,327 $3,193 $737 $18.43
Rhode Island $37,706 $3,142 $725 $18.13
Arizona $37,654 $3,137 $724 $18.10
Ohio $37,380 $3,115 $718 $17.97
Montana $37,086 $3,090 $713 $17.83
Connecticut $36,857 $3,071 $708 $17.72
Illinois $36,849 $3,070 $708 $17.72
Iowa $36,657 $3,054 $704 $17.62
Alabama $36,623 $3,051 $704 $17.61
Mississippi $36,536 $3,044 $702 $17.57
Tennessee $35,688 $2,974 $686 $17.16
Utah $35,661 $2,971 $685 $17.14
Missouri $35,585 $2,965 $684 $17.11
South Carolina $35,218 $2,934 $677 $16.93
North Carolina $34,492 $2,874 $663 $16.58
Kansas $34,399 $2,866 $661 $16.54
Georgia $34,117 $2,843 $656 $16.40
Louisiana $33,546 $2,795 $645 $16.13
Michigan $33,105 $2,758 $636 $15.92
Kentucky $33,074 $2,756 $636 $15.90
West Virginia $31,543 $2,628 $606 $15.17
Arkansas $31,444 $2,620 $604 $15.12
Florida $30,193 $2,516 $580 $14.52
​​Source: Ziprecruiter

Dental Assistant Job Considerations for Pay & Benefits

The majority of dental assistants work in a dentist’s office (90%), but some do work in the offices of physicians (2%) or for the government (2%). As of 2022, dental assistants held about 371,000 jobs and work under the supervision of dentists.

There are some safety concerns (primarily contracting infectious diseases) that come with this role, which is why dental assistants wear protective clothing and equipment. Being exposed to X-ray machines also comes with concerns, but again, there are safety procedures in place to help protect dental assistants.

Because many dental assistants work full-time, they can qualify for employer-sponsored benefits like healthcare, retirement plans, and paid time off. However, if they only work part-time, they might not qualify for benefits.


💡 Quick Tip: Income, expenses, and life circumstances can change. Consider reviewing your budget a few times a year and making any adjustments if needed.

Pros and Cons of Dental Assistant Salary

Still on the fence about working as a dental assistant? Here are some of the pros and cons of the role:

Pros

Cons

•   High earning potential (top 10% earn more than $59,200)

•   Around 55,100 openings for dental assistants projected annually

•   Full-time employees are likely to receive benefits

•   Minimal schooling required

•   Bottom 10% earn less than $31,450

•   Tiring work with some potential health risks

•   Some dental offices only offer part-time work

Recommended: Is $100,000 a Good Salary?

The Takeaway

The median salary for a dental assistant is $44,820, but as they gain work experience, these medical workers can expect to earn more. Because minimal schooling is required to become a dental assistant, many in this field can avoid taking on too much student loan debt.

FAQ

Can you make 100K a year as a dental assistant?

Most dental assistants don’t earn $100,000 per year. The top 10% of earners in this field can earn around $59,200, but the median annual salary is just $44,820.

Do people like being a dental assistant?

Some people find working as a dental assistant to be an engaging and fulfilling career. Because most of their days are spent on patient care, they must enjoy spending time with people. This won’t be an enjoyable role for someone who is an introvert or who is antisocial.

Is it hard to get hired as a dental assistant?

There are more than 55,000 jobs for dental assistants available each year, according to the Bureau of Labor Statistics. Depending on your location and other factors, it may not be hard to get hired as a dental assistant.


About the author

Jacqueline DeMarco

Jacqueline DeMarco

Jacqueline DeMarco is a freelance writer who specializes in financial topics. Her first job out of college was in the financial industry, and it was there she gained a passion for helping others understand tricky financial topics. Read full bio.



Photo credit: iStock/mladenbalinovac

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

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