Average Insurance Appraisers, Auto Damage Salary in Texas
Insurance Appraisers specializing in auto damage in Texas earn an average annual salary of $68,640. This figure is notably below the national average of $77,050, suggesting that while the demand exists, the compensation may be influenced by regional economic factors and the overall cost of living within the state.
Executive Summary
- Average Salary: $68,640 per year.
- Growth Trend: Salaries have shifted 2.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,890.
- Outlook: With a local workforce of 710 professionals, the market for Insurance Appraisers, Auto Damage in Texas demonstrates a stable presence. The Location Quotient of 1.01 indicates that the concentration of these roles in Texas is very close to the national average, suggesting a balanced demand and supply dynamic within the state's job market.
Salary Overview
The average Insurance Appraisers, Auto Damage in Texas earns-10.9%below the national average.
$33
$1,320
$5,720
Insurance Appraisers, Auto Damage Salary Trends (2020-2024)
While specific historical data for Insurance Appraisers, Auto Damage in Texas is not provided, it is generally assumed that salaries in this field have experienced steady growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical for roles requiring specialized skills and experience in the insurance sector.
Insurance Appraisers, Auto Damage Salary Distribution in Texas
Career progression for Insurance Appraisers, Auto Damage in Texas typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive knowledge of vehicle repair and claims processing can command salaries in the higher percentiles, reflecting their accumulated expertise and value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,430 | $20.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,480 | $24.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,730 | $31.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,800 | $41.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,890 | $49.5 |
Detailed Insurance Appraisers, Auto Damage Market Analysis
Relocation Context
Nominal Salary
$68,640
Gross Pay
Real Wage (Purchasing Power)
$73,806
Adjusted for COL (93)
The average annual salary of $68,640 in Texas presents a favorable financial standing when considering the local Cost of Living Index of 93. Since this index is below the national average of 100, the nominal salary offers a purchasing power that is slightly above the national average, making Texas a potentially attractive location for these professionals.
Job Market Context
710
Total Jobs
0.051
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Texas has a slightly higher-than-average concentration of Insurance Appraisers, Auto Damage roles compared to the national norm.
A Location Quotient of 1.01 for Insurance Appraisers, Auto Damage in Texas signifies a job market that is almost perfectly aligned with the national average in terms of concentration. This suggests that the employment landscape for these professionals is neither exceptionally saturated nor unusually scarce, offering a consistent level of opportunity for skilled individuals.
Nearby Job Markets
Hiring Insurance Appraisers, Auto Damages?
Frequently Asked Questions
How much does a Insurance Appraisers, Auto Damage make in Texas?
The median annual salary for a Insurance Appraisers, Auto Damage in Texas is $68,640. This typically ranges from $43,430 for entry-level positions to $102,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texas is 10.9% lower than the national median of $77,050.
Is Texas a lucrative place for Insurance Appraisers, Auto Damages?
Yes, with a caveat.While the average salary of $68,640 is below the national average, the cost of living in Texas (93) is also below the national average, making the effective purchasing power competitive.
Is Texas a good place to live for Insurance Appraisers, Auto Damages?
With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.
How does the Texas salary compare to the national average?
The average annual salary for Insurance Appraisers, Auto Damage in Texas is $68,640, which is approximately $8,410 less than the national average of $77,050.
What is the concentration of Auto Damage Appraisers in Texas?
The concentration, measured by the Location Quotient, is 1.01, indicating that the presence of these jobs in Texas is very similar to the national average.
How does the cost of living affect the salary in Texas?
With a Cost of Living Index of 93 (compared to the national average of 100), the $68,640 salary in Texas offers a slightly higher purchasing power than the national average salary would in a higher cost-of-living area.
What does the total local workforce number mean?
The total local workforce of 710 indicates the approximate number of Insurance Appraisers, Auto Damage currently employed within Texas, providing a measure of the market size.
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 Texas area with a job density of 0.051 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Appraisers, Auto Damage Salaries by State
Top Jobs in Texas
- All Occupations Salary in Texas
- Office and Administrative Support Occupations Salary in Texas
- Food Preparation and Serving Related Occupations Salary in Texas
- Transportation and Material Moving Occupations Salary in Texas
- Management Occupations Salary in Texas
- Sales and Related Occupations Salary in Texas
- Business and Financial Operations Occupations Salary in Texas
- Educational Instruction and Library Occupations Salary in Texas
- Healthcare Practitioners and Technical Occupations Salary in Texas
- Production Occupations Salary in Texas
- Browse All Jobs in Texas →
Semantic Salary Analysis for Insurance Appraisers, Auto Damage • Data source: BLS OEWS 2024 •Jobs in Texas