Average Claims Adjusters, Examiners, and Investigators Salary in Arkansas
Claims Adjusters, Examiners, and Investigators in Arkansas earn an average annual salary of $73,920. This figure is slightly below the national average of $76,760, a common trend in states with a lower cost of living. The specific economic landscape and demand within Arkansas directly influence compensation levels for these crucial roles.
Executive Summary
- Average Salary: $73,920 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,330.
- Outlook: With a local workforce of 2,600 Claims Adjusters, Examiners, and Investigators, Arkansas demonstrates a stable presence in this sector. The location quotient of 1.02 indicates that the concentration of these professionals in Arkansas is very close to the national average, suggesting a consistent and perhaps growing demand that aligns with national trends.
Salary Overview
The average Claims Adjusters, Examiners, and Investigators in Arkansas earns-3.7%below the national average.
$35.5
$1,422
$6,160
Claims Adjusters, Examiners, and Investigators Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Claims Adjusters, Examiners, and Investigators in Arkansas have experienced steady growth over the past four years, mirroring national trends. Economic factors and evolving insurance markets typically drive incremental increases in compensation for experienced professionals in this field.
Claims Adjusters, Examiners, and Investigators Salary Distribution in Arkansas
Career progression for Claims Adjusters, Examiners, and Investigators in Arkansas typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, while senior adjusters with specialized skills and extensive experience can command salaries well into the higher percentiles, reflecting a clear path for career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,080 | $22.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,440 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,030 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,400 | $44.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,330 | $50.2 |
Detailed Claims Adjusters, Examiners, and Investigators Market Analysis
Relocation Context
Nominal Salary
$73,920
Gross Pay
Real Wage (Purchasing Power)
$81,860
Adjusted for COL (90.3)
The average annual salary of $73,920 in Arkansas presents a favorable financial outlook when considering the local cost of living. With a Cost of Living Index of 90.3, Arkansas is approximately 9.7% more affordable than the national average, meaning that this salary offers a strong purchasing power for residents.
Job Market Context
2,600
Total Jobs
2.014
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Arkansas has a slightly higher-than-average concentration of Claims Adjusters, Examiners, and Investigators roles compared to the national norm.
Arkansas's location quotient of 1.02 for Claims Adjusters, Examiners, and Investigators suggests a job market that is closely aligned with the national average in terms of professional concentration. This indicates a balanced market where demand and supply are relatively stable, offering opportunities without extreme competition or scarcity.
Nearby Job Markets
Nearby Cities for Claims Adjusters, Examiners, and Investigators
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Claims Adjusters, Examiners, and Investigators Salary | $73,150↓ 1% | 17 mi |
| Hot Springs, AR Claims Adjusters, Examiners, and Investigators Salary | $77,980↑ 5% | 51 mi |
Comparing salaries near Arkansas
Hiring Claims Adjusters, Examiners, and Investigatorss?
Frequently Asked Questions
How much does a Claims Adjusters, Examiners, and Investigators make in Arkansas?
The median annual salary for a Claims Adjusters, Examiners, and Investigators in Arkansas is $73,920. This typically ranges from $46,080 for entry-level positions to $104,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arkansas is 3.7% lower than the national median of $76,760.
Is Arkansas a lucrative place for Claims Adjusters, Examiners, and Investigatorss?
Yes, with strong purchasing power.While the nominal salary is slightly below the national average, Arkansas's lower cost of living significantly enhances the real value of the $73,920 average salary.
Is Arkansas a good place to live for Claims Adjusters, Examiners, and Investigators?
With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Arkansas?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($73,150) and Hot Springs, AR.
How does the Arkansas workforce size compare nationally?
The local workforce of 2,600 Claims Adjusters, Examiners, and Investigators is a substantial segment, indicating a significant presence within the state's employment landscape.
What does a Location Quotient of 1.02 mean for job seekers?
A location quotient of 1.02 signifies that the concentration of Claims Adjusters, Examiners, and Investigators in Arkansas is nearly identical to the national average, suggesting a stable and predictable job market.
How does the cost of living impact salary perception in Arkansas?
The cost of living index of 90.3 means that $73,920 in Arkansas effectively buys more than it would in a higher-cost state, making it financially advantageous for adjusters.
Are there many job opportunities for Claims Adjusters in Arkansas?
With 2.014 jobs per 1,000 workers, the density of opportunities is in line with the national average, indicating consistent demand for these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,600 employees in the Arkansas area with a job density of 2.014 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Claims Adjusters, Examiners, and Investigators Salaries by State
Top Jobs in Arkansas
- All Occupations Salary in Arkansas
- Office and Administrative Support Occupations Salary in Arkansas
- Transportation and Material Moving Occupations Salary in Arkansas
- Production Occupations Salary in Arkansas
- Sales and Related Occupations Salary in Arkansas
- Food Preparation and Serving Related Occupations Salary in Arkansas
- Management Occupations Salary in Arkansas
- Healthcare Practitioners and Technical Occupations Salary in Arkansas
- Educational Instruction and Library Occupations Salary in Arkansas
- Business and Financial Operations Occupations Salary in Arkansas
- Browse All Jobs in Arkansas →
Semantic Salary Analysis for Claims Adjusters, Examiners, and Investigators • Data source: BLS OEWS 2024 •Jobs in Arkansas