Average Claims Adjusters, Examiners, and Investigators Salary in Tennessee
Claims Adjusters, Examiners, and Investigators in Tennessee earn an average annual salary of $76,260, a figure remarkably close to the national average of $76,760. This parity suggests that while Tennessee's job market for these professionals is robust, local economic factors and demand dynamics are finely tuned to align with broader industry compensation trends.
Executive Summary
- Average Salary: $76,260 per year.
- Growth Trend: Salaries have shifted 24.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,510.
- Outlook: With a local workforce of 5,930 Claims Adjusters, Examiners, and Investigators, Tennessee demonstrates a significant presence in this sector. The Location Quotient of 0.92 indicates that the concentration of these roles in Tennessee is nearly on par with the national average, suggesting a stable and consistent demand for skilled professionals within the state.
Salary Overview
The average Claims Adjusters, Examiners, and Investigators in Tennessee earns-0.7%below the national average.
$36.7
$1,467
$6,355
Claims Adjusters, Examiners, and Investigators Salary Trends (2020-2024)
While specific historical data for Tennessee is not provided, it is reasonable to assume that salaries for Claims Adjusters, Examiners, and Investigators have experienced steady growth over the past four years, mirroring national trends. Economic recovery, evolving insurance regulations, and increased claims volume typically drive upward salary adjustments in this field.
Claims Adjusters, Examiners, and Investigators Salary Distribution in Tennessee
Career progression for Claims Adjusters, Examiners, and Investigators in Tennessee typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise, handle more complex cases, and potentially move into supervisory roles, their earning potential escalates, with senior adjusters commanding top-tier salaries.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,420 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,195 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,960 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,325 | $45.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,510 | $51.2 |
Detailed Claims Adjusters, Examiners, and Investigators Market Analysis
Relocation Context
Nominal Salary
$76,260
Gross Pay
Real Wage (Purchasing Power)
$84,358
Adjusted for COL (90.4)
The average annual salary of $76,260 in Tennessee is particularly advantageous when considered against the state's Cost of Living Index of 90.4. This index, being below the national average of 100, means that the purchasing power of a Claims Adjuster's salary in Tennessee is effectively higher than the nominal figure suggests, offering a better quality of life.
Job Market Context
5,930
Total Jobs
1.812
Per 1K Jobs
0.92
Location Quotient
Tennessee has 0.92x 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.
A Location Quotient of 0.92 for Claims Adjusters, Examiners, and Investigators in Tennessee signifies a job market that is closely aligned with the national distribution of these roles. This suggests a competitive yet accessible market, where opportunities are readily available without being overly saturated, providing a balanced environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Claims Adjusters, Examiners, and Investigators
Comparing salaries near Tennessee
Hiring Claims Adjusters, Examiners, and Investigatorss?
Frequently Asked Questions
How much does a Claims Adjusters, Examiners, and Investigators make in Tennessee?
The median annual salary for a Claims Adjusters, Examiners, and Investigators in Tennessee is $76,260. This typically ranges from $48,420 for entry-level positions to $106,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tennessee is 0.7% lower than the national median of $76,760.
Is Tennessee a lucrative place for Claims Adjusters, Examiners, and Investigatorss?
Yes, Tennessee offers a competitive compensation landscape for Claims Adjusters, Examiners, and Investigators.The average salary is nearly on par with the national average, and the lower cost of living further enhances the financial attractiveness of the role in the state.
Is Tennessee a good place to live for Claims Adjusters, Examiners, and Investigators?
With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Tennessee?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($77,400) and Clarksville, TN-KY.
How does Tennessee's cost of living affect salary expectations?
Tennessee's Cost of Living Index of 90.4 means that $76,260 provides greater purchasing power than it would in a higher-cost state, making it a financially sound location for this profession.
Is the job market for Claims Adjusters saturated in Tennessee?
With a Location Quotient of 0.92, the market is not overly saturated and closely mirrors the national concentration, indicating a healthy balance of available jobs and professionals.
What is the typical career path for a Claims Adjuster in Tennessee?
Career paths generally involve starting in entry-level roles and progressing to more senior positions with increased responsibility and higher salaries, driven by experience and specialization.
How does the number of jobs per 1,000 workers compare nationally?
Tennessee has 1.812 jobs per 1,000 workers in this field, which is a solid indicator of employment opportunities relative to the overall workforce size.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,930 employees in the Tennessee area with a job density of 1.812 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 Tennessee
- All Occupations Salary in Tennessee
- Office and Administrative Support Occupations Salary in Tennessee
- Transportation and Material Moving Occupations Salary in Tennessee
- Food Preparation and Serving Related Occupations Salary in Tennessee
- Sales and Related Occupations Salary in Tennessee
- Production Occupations Salary in Tennessee
- Management Occupations Salary in Tennessee
- Healthcare Practitioners and Technical Occupations Salary in Tennessee
- Business and Financial Operations Occupations Salary in Tennessee
- Educational Instruction and Library Occupations Salary in Tennessee
- Browse All Jobs in Tennessee →
Semantic Salary Analysis for Claims Adjusters, Examiners, and Investigators • Data source: BLS OEWS 2024 •Jobs in Tennessee