Average Claims Adjusters, Examiners, and Investigators Salary in Roanoke, VA
Claims Adjusters, Examiners, and Investigators in Roanoke, VA, earn an average annual salary of $73,350. This figure is slightly below the national average of $76,760, a common occurrence in metropolitan areas with distinct economic drivers. Local market demand and the specific insurance industry landscape in Roanoke contribute to this salary differential.
Executive Summary
- Average Salary: $73,350 per year.
- Growth Trend: Salaries have shifted 5.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,440.
- Outlook: Roanoke presents a robust employment landscape for Claims Adjusters, Examiners, and Investigators, evidenced by a substantial local workforce of 710 professionals. The Location Quotient of 2.36 significantly surpasses the national average, indicating a strong concentration of these roles within the city and suggesting a healthy demand that outpaces national trends.
Salary Overview
The average Claims Adjusters, Examiners, and Investigators in Roanoke, VA earns-4.4%below the national average.
$35.3
$1,411
$6,113
Claims Adjusters, Examiners, and Investigators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Claims Adjusters, Examiners, and Investigators in Roanoke have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, evolving insurance regulations, and increasing claim complexity likely contribute to upward pressure on compensation in this field.
Claims Adjusters, Examiners, and Investigators Salary Distribution in Roanoke, VA
Career progression for Claims Adjusters, Examiners, and Investigators typically correlates with increased earning potential. Entry-level positions may start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries, often reaching the upper percentiles. The salary distribution in Roanoke reflects this, with noticeable gaps between junior and senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,990 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,013 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,430 | $33.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,688 | $44.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,440 | $48.8 |
Detailed Claims Adjusters, Examiners, and Investigators Market Analysis
Relocation Context
Nominal Salary
$73,350
Gross Pay
Real Wage (Purchasing Power)
$73,350
Adjusted for COL (100)
The average annual salary of $73,350 in Roanoke, VA, aligns perfectly with the national average cost of living (100). This means that the purchasing power of a Claims Adjuster's salary in Roanoke is equivalent to the national average, offering a stable financial environment for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
710
Total Jobs
4.677
Per 1K Jobs
2.36
Location Quotient
Roanoke, VA has 2.4x 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.
Roanoke's Location Quotient of 2.36 signifies a highly concentrated market for Claims Adjusters, Examiners, and Investigators, more than double the national average. This suggests that the demand for these professionals is robust relative to the general workforce, potentially leading to more specialized opportunities and a competitive environment for employers seeking talent.
Nearby Job Markets
Nearby Cities for Claims Adjusters, Examiners, and Investigators
| City | Salary | Dist. |
|---|---|---|
| Lynchburg, VA Claims Adjusters, Examiners, and Investigators Salary | $76,130↑ 4% | 43 mi |
| Beckley, WV Claims Adjusters, Examiners, and Investigators Salary | $62,990↓ 14% | 76 mi |
| Greensboro-High Point, NC Claims Adjusters, Examiners, and Investigators Salary | $74,670↑ 2% | 82 mi |
Comparing salaries near Roanoke, VA
Hiring Claims Adjusters, Examiners, and Investigatorss?
Frequently Asked Questions
How much does a Claims Adjusters, Examiners, and Investigators make in Roanoke, VA?
The median annual salary for a Claims Adjusters, Examiners, and Investigators in Roanoke, VA is $73,350. This typically ranges from $49,990 for entry-level positions to $101,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Roanoke, VA is 4.4% lower than the national median of $76,760.
Is Roanoke, VA a lucrative place for Claims Adjusters, Examiners, and Investigatorss?
Yes, Roanoke, VA offers a competitive environment for Claims Adjusters, Examiners, and Investigators.While the average salary is slightly below the national average, the high concentration of these roles (LQ of 2.36) and a national average cost of living indicate strong local demand and stable purchasing power.
Is Roanoke, VA a good place to live for Claims Adjusters, Examiners, and Investigators?
The Cost of Living Index in Roanoke, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Roanoke, VA?
Some top paying nearby cities include Lynchburg, VA ($76,130) and Beckley, WV.
How does Roanoke's salary compare to the national average for Claims Adjusters?
The average annual salary for Claims Adjusters in Roanoke, VA is $73,350, which is slightly lower than the national average of $76,760.
What does the Location Quotient (LQ) of 2.36 mean for job seekers?
An LQ of 2.36 indicates that Claims Adjusters, Examiners, and Investigators are significantly more concentrated in Roanoke than the national average, suggesting higher demand and potentially more job opportunities within this specific field.
How does the cost of living in Roanoke affect the salary?
With a Cost of Living Index of 100, Roanoke's cost of living is on par with the national average. This means the $73,350 salary offers equivalent purchasing power to the national average salary in a more expensive area.
What is the total number of Claims Adjusters, Examiners, and Investigators in Roanoke?
There are approximately 710 Claims Adjusters, Examiners, and Investigators employed in the Roanoke, VA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Roanoke, VA area with a job density of 4.677 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Claims Adjusters, Examiners, and Investigators Salaries by State
Top Jobs in Roanoke, VA
- All Occupations Salary in Roanoke, VA
- Office and Administrative Support Occupations Salary in Roanoke, VA
- Sales and Related Occupations Salary in Roanoke, VA
- Healthcare Practitioners and Technical Occupations Salary in Roanoke, VA
- Transportation and Material Moving Occupations Salary in Roanoke, VA
- Food Preparation and Serving Related Occupations Salary in Roanoke, VA
- Production Occupations Salary in Roanoke, VA
- Business and Financial Operations Occupations Salary in Roanoke, VA
- Educational Instruction and Library Occupations Salary in Roanoke, VA
- Management Occupations Salary in Roanoke, VA
- Browse All Jobs in Roanoke, VA →
Semantic Salary Analysis for Claims Adjusters, Examiners, and Investigators • Data source: BLS OEWS 2024 •Jobs in Roanoke, VA