Average Claims Adjusters, Examiners, and Investigators Salary in St. Louis, MO-IL
Claims Adjusters, Examiners, and Investigators in St. Louis, MO-IL earn an impressive average annual salary of $77,110. This figure slightly surpasses the national average of $76,760, indicating a strong local demand for these specialized professionals. The robust local economy and specific industry needs likely contribute to this competitive compensation.
Executive Summary
- Average Salary: $77,110 per year.
- Growth Trend: Salaries have shifted 0.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,780.
- Outlook: With a local workforce of 3,210 Claims Adjusters, Examiners, and Investigators, St. Louis presents a significant concentration of these roles, as evidenced by a Location Quotient of 1.21. This suggests that the demand for these professionals in the region is higher than the national average, pointing towards a stable and potentially growing job market.
Salary Overview
The average Claims Adjusters, Examiners, and Investigators in St. Louis, MO-IL earns+0.5%above the national average.
$37.1
$1,483
$6,426
Claims Adjusters, Examiners, and Investigators Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Claims Adjusters, Examiners, and Investigators in St. Louis have seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, evolving industry regulations, and increasing demand for skilled adjusters likely contribute to upward salary pressures.
Claims Adjusters, Examiners, and Investigators Salary Distribution in St. Louis, MO-IL
Career progression for Claims Adjusters, Examiners, and Investigators in St. Louis typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but seasoned professionals with specialized knowledge and a proven track record can command salaries well into the higher percentiles, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,920 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,833 | $27.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,840 | $37.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,388 | $46.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,780 | $51.3 |
Detailed Claims Adjusters, Examiners, and Investigators Market Analysis
Relocation Context
Nominal Salary
$77,110
Gross Pay
Real Wage (Purchasing Power)
$77,110
Adjusted for COL (100)
The average annual salary of $77,110 in St. Louis, MO-IL aligns perfectly with the national average cost of living (index of 100). This means that the purchasing power of a Claims Adjuster's salary in St. Louis is equivalent to the national average, offering financial stability without the premium often associated with higher cost-of-living areas.
Job Market Context
3,210
Total Jobs
2.395
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, St. Louis, MO-IL has a slightly higher-than-average concentration of Claims Adjusters, Examiners, and Investigators roles compared to the national norm.
A Location Quotient of 1.21 signifies that Claims Adjusters, Examiners, and Investigators are more concentrated in St. Louis, MO-IL than the national average. This indicates a healthy and active job market for these professionals, suggesting that employers are actively seeking talent and that the region has a strong presence within this industry.
Nearby Job Markets
Nearby Cities for Claims Adjusters, Examiners, and Investigators
| City | Salary | Dist. |
|---|---|---|
| Springfield, IL Claims Adjusters, Examiners, and Investigators Salary | $65,740↓ 15% | 84 mi |
Comparing salaries near St. Louis, MO-IL
Hiring Claims Adjusters, Examiners, and Investigatorss?
Frequently Asked Questions
How much does a Claims Adjusters, Examiners, and Investigators make in St. Louis, MO-IL?
The median annual salary for a Claims Adjusters, Examiners, and Investigators in St. Louis, MO-IL is $77,110. This typically ranges from $48,920 for entry-level positions to $106,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in St. Louis, MO-IL is 0.5% higher than the national median of $76,760.
Is St. Louis, MO-IL a lucrative place for Claims Adjusters, Examiners, and Investigators?
Yes, St. Louis, MO-IL offers a lucrative environment for Claims Adjusters, Examiners, and Investigators.The average salary of $77,110 slightly exceeds the national average, and the cost of living is on par with the national index, providing strong purchasing power.
Is St. Louis, MO-IL a good place to live for Claims Adjusters, Examiners, and Investigators?
The Cost of Living Index in St. Louis, MO-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near St. Louis, MO-IL?
Some top paying nearby cities include Springfield, IL ($65,740) and others.
How does the St. Louis job market compare to the national average for Claims Adjusters?
The job market in St. Louis is slightly more concentrated for Claims Adjusters, Examiners, and Investigators, with a Location Quotient of 1.21, indicating a higher demand relative to the national average.
What is the average salary for a Claims Adjuster in St. Louis?
The average annual salary for Claims Adjusters, Examiners, and Investigators in St. Louis, MO-IL is $77,110.
How does the cost of living in St. Louis affect the salary?
The cost of living in St. Louis is exactly at the national average (index of 100), meaning the $77,110 salary offers purchasing power equivalent to the national average.
Is there a high concentration of Claims Adjusters in St. Louis?
Yes, with a Location Quotient of 1.21, St. Louis has a higher concentration of Claims Adjusters, Examiners, and Investigators compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,210 employees in the St. Louis, MO-IL area with a job density of 2.395 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Claims Adjusters, Examiners, and Investigators • Data source: BLS OEWS 2024 •Jobs in St. Louis, MO-IL