SalaryNode

Average Claims Adjusters, Examiners, and Investigators Salary in Cleveland, OH

In Cleveland, OH, Claims Adjusters, Examiners, and Investigators earn an average annual salary of $66,050. This figure is notably below the national average of $76,760, suggesting that local market dynamics, such as industry demand and the cost of labor, play a significant role in compensation within this Ohio city.

Executive Summary

  • Average Salary: $66,050 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,400.
  • Outlook: Cleveland boasts a substantial local workforce of 4,500 Claims Adjusters, Examiners, and Investigators. The Location Quotient of 2.19 indicates a significantly higher concentration of these professionals compared to the national average, signaling a robust and established job market for this role within the region.
2024 Market Data

Salary Overview

$66,050

The average Claims Adjusters, Examiners, and Investigators in Cleveland, OH earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$31.8

Weekly

$1,270

Monthly

$5,504

Claims Adjusters, Examiners, and Investigators Salary Distribution in Cleveland, OH

Career progression for Claims Adjusters, Examiners, and Investigators typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,310$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,538$23.8
ManagerOversees team, compliance, and project delivery.50% (Median)$60,950$29.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$82,563$39.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$100,400$48.3

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$66,050

Gross Pay

Real Wage (Purchasing Power)

$66,050

Adjusted for COL (100)

The average annual salary of $66,050 in Cleveland aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Claims Adjuster's salary in Cleveland is equivalent to the national average, offering a stable financial standing relative to the rest of the country.

Job Market Context

4,500

Total Jobs

4.341

Per 1K Jobs

2.19

Location Quotient

Major Hub

Cleveland, OH has 2.2x the national concentration of Claims Adjusters, Examiners, and Investigators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 2.19, Cleveland demonstrates a strong concentration of Claims Adjusters, Examiners, and Investigators, more than double the national average. This suggests a high demand and a well-developed industry presence for these roles, potentially leading to more job opportunities and a competitive hiring environment.

Nearby Job Markets

Nearby Cities for Claims Adjusters, Examiners, and Investigators

Comparing salaries near Cleveland, OH

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in Cleveland, OH?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in Cleveland, OH is $66,050. This typically ranges from $37,310 for entry-level positions to $100,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 14.0% lower than the national median of $76,760.

Is Cleveland, OH a lucrative place for Claims Adjusters, Examiners, and Investigators?

No, not compared to the national average.While Cleveland has a high concentration of these roles, the average salary of $66,050 is below the national average of $76,760, despite a cost of living that matches the national average.

Is Cleveland, OH a good place to live for Claims Adjusters, Examiners, and Investigators?

The Cost of Living Index in Cleveland, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Akron, OH ($66,470) and Canton-Massillon, OH.

How does Cleveland's job market compare to the national average for Claims Adjusters?

Cleveland's job market for Claims Adjusters is more concentrated than the national average, with a Location Quotient of 2.19, indicating a stronger presence of these professionals in the local workforce.

What is the average salary for a Claims Adjuster in Cleveland, OH?

The average annual salary for a Claims Adjuster, Examiner, or Investigator in Cleveland, OH is $66,050.

How does the cost of living in Cleveland affect salary perception?

Cleveland's Cost of Living Index is 100, which is the national average. Therefore, the nominal salary of $66,050 has the same purchasing power as the national average salary.

Are there many Claims Adjuster jobs in Cleveland?

Yes, with a total local workforce of 4,500 and a high concentration (LQ of 2.19), Cleveland appears to have a significant and robust job market for Claims Adjusters, Examiners, and Investigators.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,500 employees in the Cleveland, OH area with a job density of 4.341 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.