Average Insurance Appraisers, Auto Damage Salary in Rhode Island
The average salary for a Insurance Appraisers, Auto Damage in Rhode Island is $80,960. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Rhode Island is a key hub for this profession, with a job concentration 1.39x higher than average.
Executive Summary
- Average Salary: $80,960 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,310.
- Outlook: The current demand for Insurance Appraisers, Auto Damages is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Rhode Island economy.
Salary Overview
The average Insurance Appraisers, Auto Damage in Rhode Island earns+5.1%above the national average.
$38.9
$1,557
$6,747
Insurance Appraisers, Auto Damage Salary Trends (2020-2024)
Over the past 3 years, Insurance Appraisers, Auto Damage salaries in Rhode Island have shown healthy growth of 10.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Appraisers, Auto Damage Salary Distribution in Rhode Island
The earning potential for Insurance Appraisers, Auto Damages in Rhode Island 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 $63,370, while highly experienced professionals can command wages upwards of $107,310.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,370 | $30.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,720 | $29.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,270 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,200 | $48.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,310 | $51.6 |
Detailed Insurance Appraisers, Auto Damage Market Analysis
Relocation Context
Nominal Salary
$80,960
Gross Pay
Real Wage (Purchasing Power)
$72,286
Adjusted for COL (112)
While the average salary of $80,960 in Rhode Island is 5% higher than the national average, you should be aware of the cost of living. With a Cost of Living Index of 112, your real purchasing power is actually lower, effectively feeling like $72,286.
Job Market Context
30
Total Jobs
0.07
Per 1K Jobs
1.39
Location Quotient
With a location quotient of 1.39, Rhode Island has a slightly higher-than-average concentration of Insurance Appraisers, Auto Damage roles compared to the national norm.
30 people work as Insurance Appraisers, Auto Damage in Rhode Island.
Only 0.07 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
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Insurance Appraisers, Auto Damage Salary | $74,180↓ 8% | 11 mi |
| Worcester, MA Insurance Appraisers, Auto Damage Salary | $78,520↓ 3% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Insurance Appraisers, Auto Damage Salary | $77,490↓ 4% | 49 mi |
Comparing salaries near Rhode Island
Hiring Insurance Appraisers, Auto Damages?
Frequently Asked Questions
How much does a Insurance Appraisers, Auto Damage make in Rhode Island?
The median annual salary for a Insurance Appraisers, Auto Damage in Rhode Island is $80,960. This typically ranges from $63,370 for entry-level positions to $107,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 5.1% higher than the national median of $77,050.
Is Rhode Island a good place for Insurance Appraisers, Auto Damages?
Yes, Rhode Island is an excellent location for Insurance Appraisers, Auto Damages. It offers both higher-than-average salaries ($80,960) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Rhode Island a good place to live for Insurance Appraisers, Auto Damages?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($74,180) and Worcester, MA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Rhode Island area with a job density of 0.07 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Appraisers, Auto Damage • Data source: BLS OEWS 2024 •Jobs in Rhode Island