SalaryNode

Average Claims Adjusters, Examiners, and Investigators Salary in Provo-Orem-Lehi, UT

In Provo-Orem-Lehi, UT, Claims Adjusters, Examiners, and Investigators earn an average annual salary of $69,610. This figure is notably below the national average of $76,760, suggesting that local market dynamics and potentially a different demand-supply balance influence compensation in this region. The specific economic landscape of Provo-Orem-Lehi plays a crucial role in shaping these salary expectations.

Executive Summary

  • Average Salary: $69,610 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,290.
  • Outlook: The local job market for Claims Adjusters, Examiners, and Investigators in Provo-Orem-Lehi, UT, shows a moderate presence with a total workforce of 250 individuals. The Location Quotient of 0.43 indicates that this profession is less concentrated here compared to the national average, suggesting a potentially less saturated but also less robust demand for these roles within the immediate area.
2024 Market Data

Salary Overview

$69,610

The average Claims Adjusters, Examiners, and Investigators in Provo-Orem-Lehi, UT earns-9.3%below the national average.

BreakdownBased on 40h/week
Hourly

$33.5

Weekly

$1,339

Monthly

$5,801

Claims Adjusters, Examiners, and Investigators Salary Distribution in Provo-Orem-Lehi, UT

Career progression for Claims Adjusters, Examiners, and Investigators typically involves a significant salary increase 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 well into the higher percentiles. These percentile gaps are a clear indicator of the value placed on experience and expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,170$22.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,208$25.1
ManagerOversees team, compliance, and project delivery.50% (Median)$61,960$29.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$87,013$41.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,290$50.6

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$69,610

Gross Pay

Real Wage (Purchasing Power)

$69,610

Adjusted for COL (100)

The average annual salary of $69,610 in Provo-Orem-Lehi, UT, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Claims Adjuster's salary in this region is equivalent to the national average, offering a stable financial standing relative to general living expenses.

Job Market Context

250

Total Jobs

0.848

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, Provo-Orem-Lehi, UT 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.

With a Location Quotient of 0.43, the market for Claims Adjusters, Examiners, and Investigators in Provo-Orem-Lehi, UT, is less concentrated than the national average. This suggests that while there are opportunities, the job market is not as robust or competitive as in areas with a higher concentration of these professionals, potentially offering a unique balance for job seekers.

Nearby Job Markets

Nearby Cities for Claims Adjusters, Examiners, and Investigators

Comparing salaries near Provo-Orem-Lehi, UT

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in Provo-Orem-Lehi, UT?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in Provo-Orem-Lehi, UT is $69,610. This typically ranges from $46,170 for entry-level positions to $105,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Provo-Orem-Lehi, UT is 9.3% lower than the national median of $76,760.

Is Provo-Orem-Lehi, UT a lucrative place for Claims Adjusters, Examiners, and Investigatorss?

No, not particularly lucrative compared to the national average.The average salary of $69,610 is below the national average of $76,760, although the cost of living is on par with the national average.

Is Provo-Orem-Lehi, UT a good place to live for Claims Adjusters, Examiners, and Investigators?

The Cost of Living Index in Provo-Orem-Lehi, UT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Provo-Orem-Lehi, UT?

Some top paying nearby cities include High Desert Utah nonmetropolitan area ($78,070) and Salt Lake City-Murray, UT.

How does the local workforce size affect job prospects?

A local workforce of 250 suggests a smaller, potentially more niche market for Claims Adjusters, Examiners, and Investigators in Provo-Orem-Lehi, UT, which could mean fewer opportunities but also less competition for experienced professionals.

What does a Location Quotient of 0.43 signify?

A Location Quotient of 0.43 indicates that Claims Adjusters, Examiners, and Investigators are less prevalent in Provo-Orem-Lehi, UT, than the national average, implying a lower concentration of these jobs relative to the overall workforce.

How does Provo-Orem-Lehi's cost of living compare nationally?

Provo-Orem-Lehi, UT, has a Cost of Living Index of 100, which is exactly the national average, meaning living expenses are neither cheaper nor more expensive than the typical U.S. city.

What is the number of Claims Adjuster jobs per 1,000 workers in Provo-Orem-Lehi, UT?

There are approximately 0.848 Claims Adjuster, Examiner, and Investigator jobs per 1,000 workers in the Provo-Orem-Lehi, UT area, reflecting the local employment landscape for this profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Provo-Orem-Lehi, UT area with a job density of 0.848 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.