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Average Insurance Appraisers, Auto Damage Salary in Indiana

The average salary for a Insurance Appraisers, Auto Damage in Indiana is $78,190. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $78,190 per year.
  • Growth Trend: Salaries have shifted 12.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $93,540.
  • Outlook: The current demand for Insurance Appraisers, Auto Damages is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Indiana economy.
2024 Market Data

Salary Overview

$78,190

The average Insurance Appraisers, Auto Damage in Indiana earns+1.5%above the national average.

BreakdownBased on 40h/week
Hourly

$37.6

Weekly

$1,504

Monthly

$6,516

Insurance Appraisers, Auto Damage Salary Distribution in Indiana

The earning potential for Insurance Appraisers, Auto Damages in Indiana varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $67,710, while highly experienced professionals can command wages upwards of $93,540.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$67,710$32.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,643$28.2
ManagerOversees team, compliance, and project delivery.50% (Median)$75,720$36.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$97,738$47
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$93,540$45

Detailed Insurance Appraisers, Auto Damage Market Analysis

Relocation Context

Nominal Salary

$78,190

Gross Pay

Real Wage (Purchasing Power)

$86,878

Adjusted for COL (90)

This is a financial "Hidden Gem". Although the nominal salary is $78,190, the lower cost of living in Indiana (10.0% below national average) boosts your purchasing power to an equivalent of $86,878. This allows for significant savings.

Job Market Context

60

Total Jobs

0.018

Per 1K Jobs

0.36

Location Quotient

Low Concentration

At 0.36x, Indiana has a notably lower concentration of Insurance Appraisers, Auto Damage jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Insurance Appraisers, Auto Damage in Indiana.

Only 0.018 out of every 1,000 local jobs are Insurance Appraisers, Auto Damage roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Insurance Appraisers, Auto Damage

Comparing salaries near Indiana

Hiring Insurance Appraisers, Auto Damages?

Frequently Asked Questions

How much does a Insurance Appraisers, Auto Damage make in Indiana?

The median annual salary for a Insurance Appraisers, Auto Damage in Indiana is $78,190. This typically ranges from $67,710 for entry-level positions to $93,540 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 1.5% higher than the national median of $77,050.

Is Indiana a good place for Insurance Appraisers, Auto Damages?

Yes, Indiana is financially attractive for Insurance Appraisers, Auto Damages. The average salary of $78,190 exceeds the national average. See distinct detailed breakdown below.

Is Indiana a good place to live for Insurance Appraisers, Auto Damages?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($78,340) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Indiana area with a job density of 0.018 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.