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Average Claims Adjusters, Examiners, and Investigators Salary in Northern Vermont nonmetropolitan area

In the Northern Vermont nonmetropolitan area, Claims Adjusters, Examiners, and Investigators earn an average annual salary of $76,130. This figure is remarkably close to the national average of $76,760, indicating that regional economic factors and demand in this specific nonmetropolitan setting align closely with broader U.S. compensation trends for this profession.

Executive Summary

  • Average Salary: $76,130 per year.
  • Growth Trend: Salaries have shifted 4.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $108,960.
  • Outlook: The job market for Claims Adjusters, Examiners, and Investigators in Northern Vermont's nonmetropolitan area appears stable, with a total local workforce of 210 professionals. The Location Quotient of 1.2 suggests a slightly higher concentration of these roles compared to the national average, implying a steady, if not growing, demand for skilled individuals in this sector within the region.
2024 Market Data

Salary Overview

$76,130

The average Claims Adjusters, Examiners, and Investigators in Northern Vermont nonmetropolitan area earns-0.8%below the national average.

BreakdownBased on 40h/week
Hourly

$36.6

Weekly

$1,464

Monthly

$6,344

Claims Adjusters, Examiners, and Investigators Salary Distribution in Northern Vermont nonmetropolitan area

Salary progression for Claims Adjusters, Examiners, and Investigators in Northern Vermont nonmetropolitan areas typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries significantly above the average, often reaching the 75th or 90th percentile, reflecting their increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,520$24.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,098$27.5
ManagerOversees team, compliance, and project delivery.50% (Median)$65,310$31.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$95,163$45.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$108,960$52.4

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$76,130

Gross Pay

Real Wage (Purchasing Power)

$76,130

Adjusted for COL (100)

The average annual salary of $76,130 in Northern Vermont's nonmetropolitan area is perfectly balanced by a Cost of Living Index of 100, which matches the national average. This means that the purchasing power of a Claims Adjuster's salary in this region is equivalent to that of their national counterparts, offering no significant advantage or disadvantage in terms of affordability.

Job Market Context

210

Total Jobs

2.383

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, Northern Vermont nonmetropolitan area has a slightly higher-than-average concentration of Claims Adjusters, Examiners, and Investigators roles compared to the national norm.

With a Location Quotient of 1.2, Northern Vermont's nonmetropolitan area exhibits a slightly higher concentration of Claims Adjusters, Examiners, and Investigators than the national average. This suggests that the job market here is moderately more robust or specialized in this field compared to other regions, potentially offering more opportunities or a competitive environment for professionals.

Nearby Job Markets

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in Northern Vermont nonmetropolitan area?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in Northern Vermont nonmetropolitan area is $76,130. This typically ranges from $51,520 for entry-level positions to $108,960 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern Vermont nonmetropolitan area is 0.8% lower than the national median of $76,760.

Is Northern Vermont nonmetropolitan area a lucrative place for Claims Adjusters, Examiners, and Investigatorss?

Yes, it offers competitive compensation.The average salary of $76,130 is nearly on par with the national average, and the cost of living is also at the national average, making it a financially stable location for these professionals.

Is Northern Vermont nonmetropolitan area a good place to live for Claims Adjusters, Examiners, and Investigators?

The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northern Vermont nonmetropolitan area?

Some top paying nearby cities include Burlington-South Burlington, VT ($80,090) and Glens Falls, NY.

How does the number of local workers impact job opportunities?

A local workforce of 210 suggests a moderate-sized market. While not extremely large, the Location Quotient of 1.2 indicates a slightly higher demand relative to the national average, implying stable or potentially growing opportunities.

What does a Location Quotient of 1.2 signify?

A Location Quotient of 1.2 means that the concentration of Claims Adjusters, Examiners, and Investigators in Northern Vermont's nonmetropolitan area is 20% higher than the national average. This indicates a stronger presence and potentially greater demand for these roles in the region.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the $76,130 salary in Northern Vermont has the same purchasing power as the national average salary. This means your earnings will stretch similarly to what they would in a typical U.S. location.

Are there many jobs per 1,000 workers for this role in Northern Vermont?

There are 2.383 jobs per 1,000 workers for Claims Adjusters, Examiners, and Investigators in this region. This metric provides context for the prevalence of these roles within the local labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Northern Vermont nonmetropolitan area area with a job density of 2.383 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.