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Average Claims Adjusters, Examiners, and Investigators Salary in Knoxville, TN

In Knoxville, TN, Claims Adjusters, Examiners, and Investigators earn an average annual salary of $71,930. This figure is slightly below the national average of $76,760, reflecting localized economic factors and demand within the Tennessee market. While the nominal salary is lower, the cost of living in Knoxville aligns perfectly with the national average, suggesting a comparable purchasing power.

Executive Summary

  • Average Salary: $71,930 per year.
  • Growth Trend: Salaries have shifted 1.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,450.
  • Outlook: The Knoxville, TN market for Claims Adjusters, Examiners, and Investigators comprises approximately 560 professionals. With a Location Quotient of 0.68, the concentration of these roles is below the national average, indicating a potentially less saturated but also less robust demand compared to national trends. The presence of 1.341 jobs per 1,000 workers suggests a steady, albeit not booming, employment landscape for this profession in the region.
2024 Market Data

Salary Overview

$71,930

The average Claims Adjusters, Examiners, and Investigators in Knoxville, TN earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$34.6

Weekly

$1,383

Monthly

$5,994

Claims Adjusters, Examiners, and Investigators Salary Distribution in Knoxville, TN

Salary progression for Claims Adjusters, Examiners, and Investigators in Knoxville, TN, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles, potentially exceeding $85,000 or more. These percentile gaps highlight the clear career progression and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,370$19.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,948$25.9
ManagerOversees team, compliance, and project delivery.50% (Median)$65,820$31.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$89,913$43.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$102,450$49.3

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$71,930

Gross Pay

Real Wage (Purchasing Power)

$71,930

Adjusted for COL (100)

The average annual salary of $71,930 in Knoxville, TN, is positioned directly against a Cost of Living Index of 100, which is the national average. This alignment means that the nominal salary holds its purchasing power effectively within the local economy, offering a standard of living comparable to the national benchmark. Therefore, relocating to Knoxville for this role does not present an immediate disadvantage in terms of cost of living offsetting salary.

Job Market Context

560

Total Jobs

1.341

Per 1K Jobs

0.68

Location Quotient

Below Average

Knoxville, TN has 0.68x the national average concentration of Claims Adjusters, Examiners, and Investigators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.68, Knoxville, TN, has a lower concentration of Claims Adjusters, Examiners, and Investigators compared to the national average. This suggests that while the job market may not be as saturated as in other regions, the demand might also be proportionally lower. Professionals entering this market may find fewer immediate opportunities but potentially less competition for available roles.

Nearby Job Markets

Nearby Cities for Claims Adjusters, Examiners, and Investigators

Comparing salaries near Knoxville, TN

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in Knoxville, TN?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in Knoxville, TN is $71,930. This typically ranges from $40,370 for entry-level positions to $102,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 6.3% lower than the national median of $76,760.

Is Knoxville, TN a lucrative place for Claims Adjusters, Examiners, and Investigatorss?

No, not exceptionally lucrative compared to the national average.While the average salary of $71,930 is solid, it falls below the national average of $76,760. However, the cost of living being at the national average means the purchasing power is comparable.

Is Knoxville, TN a good place to live for Claims Adjusters, Examiners, and Investigators?

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

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Cleveland, TN ($80,880) and Asheville, NC.

How does the Knoxville job market compare to the national average for this role?

The Knoxville market has a lower concentration of these roles (LQ of 0.68) and slightly lower average pay ($71,930 vs. $76,760), suggesting a less saturated but also less robust job market compared to the national average.

What is the cost of living impact on salary in Knoxville?

The Cost of Living Index in Knoxville is 100, matching the national average. This means the $71,930 salary offers purchasing power equivalent to the national average, mitigating the lower nominal salary.

What is the total number of Claims Adjusters, Examiners, and Investigators in Knoxville?

There are approximately 560 Claims Adjusters, Examiners, and Investigators employed in the Knoxville, TN area.

How many jobs per 1,000 workers are available for this role in Knoxville?

There are 1.341 jobs per 1,000 workers for Claims Adjusters, Examiners, and Investigators in Knoxville, TN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Knoxville, TN area with a job density of 1.341 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.