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Average Insurance Claims and Policy Processing Clerks Salary in Albany, GA

The average salary for Insurance Claims and Policy Processing Clerkss in Albany, GA is $40,820. While this is lower than the national average, the cost of living in Albany, GA may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $40,820 per year.
  • Growth Trend: Salaries have shifted 11.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,660.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Albany, GA economy.
2024 Market Data

Salary Overview

$40,820

The average Insurance Claims and Policy Processing Clerks in Albany, GA earns-21.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.6

Weekly

$785

Monthly

$3,402

Insurance Claims and Policy Processing Clerks Salary Distribution in Albany, GA

The earning potential for Insurance Claims and Policy Processing Clerkss in Albany, GA 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 $31,200, while highly experienced professionals can command wages upwards of $59,660.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,200$15
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,615$14.7
ManagerOversees team, compliance, and project delivery.50% (Median)$38,710$18.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,025$24.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,660$28.7

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$40,820

Gross Pay

Real Wage (Purchasing Power)

$40,820

Adjusted for COL (100)

In Albany, GA, the Cost of Living Index is 100. This increases your effective purchasing power from $40,820 to $40,820.

Job Market Context

40

Total Jobs

0.665

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Albany, GA has a notably lower concentration of Insurance Claims and Policy Processing Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

40 people work as Insurance Claims and Policy Processing Clerks in Albany, GA.

Only 0.665 out of every 1,000 local jobs are Insurance Claims and Policy Processing Clerks roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Insurance Claims and Policy Processing Clerks

Comparing salaries near Albany, GA

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Albany, GA?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Albany, GA is $40,820. This typically ranges from $31,200 for entry-level positions to $59,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany, GA is 21.4% lower than the national median of $51,940.

Is Albany, GA a good place for Insurance Claims and Policy Processing Clerkss?

It depends on your priorities. While the average Insurance Claims and Policy Processing Clerks salary in Albany, GA is $40,820 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Albany, GA. See distinct detailed breakdown below.

Is Albany, GA a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Albany, GA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albany, GA?

Some top paying nearby cities include Valdosta, GA ($40,240) and Dothan, AL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Albany, GA area with a job density of 0.665 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.