A person working as Medical Billing Specialist in London typically earns around 70,600 GBP. Salaries range from 32,500 GBP (lowest) to 112,000 GBP (highest).
This is the average salary including housing, transport, and other benefits. Medical Billing Specialist salaries in London vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Salaries for the position Medical Billing Specialist in London range from 32,500 GBP (starting salary) to 112,000 GBP (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 67,500 GBP, half of the professionals who work as Medical Billing Specialist in London earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Medical Billing Specialist in London earn less than 54,400 GBP, while 75% earn more. Similarly, the chart shows that 75% earn less than 77,700 GBP while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Medical Billing Specialist in London compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 40,400 GBP to 58,700 GBP. About 20% of salaries are below the 40,400 GBP mark, while 10% fall within the range of 58,700 GBP to 67,000 GBP. Only 5% of individuals have salaries exceeding 67,000 GBP.