SalaryNode

Average Claims Adjusters, Examiners, and Investigators Salary in Dayton-Kettering-Beavercreek, OH

In Dayton-Kettering-Beavercreek, OH, Claims Adjusters, Examiners, and Investigators earn an average annual salary of $64,990. This figure is notably below the national average of $76,760, suggesting that local market dynamics, such as industry demand and the overall economic landscape of the region, play a significant role in compensation levels.

Executive Summary

  • Average Salary: $64,990 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,420.
  • Outlook: The local job market for Claims Adjusters, Examiners, and Investigators in Dayton-Kettering-Beavercreek, OH, comprises a workforce of 340 individuals. With a Location Quotient of 0.46, the concentration of these roles is below the national average, indicating a less saturated market relative to other areas. This suggests a stable, albeit not rapidly expanding, demand for these professionals within the region.
2024 Market Data

Salary Overview

$64,990

The average Claims Adjusters, Examiners, and Investigators in Dayton-Kettering-Beavercreek, OH earns-15.3%below the national average.

BreakdownBased on 40h/week
Hourly

$31.2

Weekly

$1,250

Monthly

$5,416

Claims Adjusters, Examiners, and Investigators Salary Distribution in Dayton-Kettering-Beavercreek, OH

Career progression for Claims Adjusters, Examiners, and Investigators typically involves a significant salary increase from entry-level to senior positions. While the provided data doesn't detail specific percentile salary ranges, the gap between junior and experienced professionals often widens considerably, reflecting the accumulation of expertise, handling of more complex cases, and increased responsibilities, which are key indicators of career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,610$18.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$48,743$23.4
ManagerOversees team, compliance, and project delivery.50% (Median)$59,790$28.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$81,238$39.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$100,420$48.3

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$64,990

Gross Pay

Real Wage (Purchasing Power)

$64,990

Adjusted for COL (100)

The average annual salary of $64,990 in Dayton-Kettering-Beavercreek, OH, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial standing for residents when considering expenses like housing, utilities, and daily necessities.

Job Market Context

340

Total Jobs

0.905

Per 1K Jobs

0.46

Location Quotient

Low Concentration

At 0.46x, Dayton-Kettering-Beavercreek, OH has a notably lower concentration of Claims Adjusters, Examiners, and Investigators jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.46 for Claims Adjusters, Examiners, and Investigators in Dayton-Kettering-Beavercreek, OH, signifies that the concentration of these jobs is less than half of the national average. This suggests that while opportunities exist, the market is not as saturated as in other regions, potentially offering a more specialized or less competitive environment for those seeking employment in this field.

Nearby Job Markets

Nearby Cities for Claims Adjusters, Examiners, and Investigators

Comparing salaries near Dayton-Kettering-Beavercreek, OH

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in Dayton-Kettering-Beavercreek, OH?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in Dayton-Kettering-Beavercreek, OH is $64,990. This typically ranges from $38,610 for entry-level positions to $100,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Dayton-Kettering-Beavercreek, OH is 15.3% lower than the national median of $76,760.

Is Dayton-Kettering-Beavercreek, OH a lucrative place for Claims Adjusters, Examiners, and Investigatorss?

No, it is not considered a highly lucrative place compared to the national average.The average salary of $64,990 is significantly lower than the national average of $76,760. While the cost of living is at the national average, the nominal salary does not reflect a premium earning potential.

Is Dayton-Kettering-Beavercreek, OH a good place to live for Claims Adjusters, Examiners, and Investigators?

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

Where are the highest paying cities near Dayton-Kettering-Beavercreek, OH?

Some top paying nearby cities include Springfield, OH ($55,070) and Cincinnati, OH-KY-IN.

How does the local workforce size affect job prospects?

A local workforce of 340 suggests a moderately sized pool of professionals. While not a massive market, it indicates a consistent presence of these roles, with opportunities likely tied to the specific insurance and financial service industries operating within the Dayton-Kettering-Beavercreek area.

What does a Location Quotient of 0.46 mean for job seekers?

A Location Quotient below 1.0, such as 0.46, indicates that Claims Adjusters, Examiners, and Investigators are less concentrated in Dayton-Kettering-Beavercreek, OH, than the national average. This could mean fewer job openings but potentially less competition for specialized roles.

How does the cost of living impact the $64,990 salary?

With a Cost of Living Index of 100, the $64,990 salary has the same purchasing power as the national average. This means that while the salary is below the national average, the cost of essential goods and services in Dayton-Kettering-Beavercreek, OH, is also at the national average, creating a neutral financial environment.

Are there many job opportunities for Claims Adjusters in this area?

The data suggests a steady presence of these roles, with 0.905 jobs per 1,000 workers. While not an exceptionally high number, it indicates ongoing demand within the local economy for skilled claims professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Dayton-Kettering-Beavercreek, OH area with a job density of 0.905 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.