SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Atlantic City-Hammonton, NJ

The average salary for a Insurance Claims and Policy Processing Clerks in Atlantic City-Hammonton, NJ is $56,930. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $56,930 per year.
  • Growth Trend: Salaries have shifted 15.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,380.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Atlantic City-Hammonton, NJ economy.
2024 Market Data

Salary Overview

$56,930

The average Insurance Claims and Policy Processing Clerks in Atlantic City-Hammonton, NJ earns+9.6%above the national average.

BreakdownBased on 40h/week
Hourly

$27.4

Weekly

$1,095

Monthly

$4,744

Insurance Claims and Policy Processing Clerks Salary Distribution in Atlantic City-Hammonton, NJ

The earning potential for Insurance Claims and Policy Processing Clerkss in Atlantic City-Hammonton, NJ 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 $39,980, while highly experienced professionals can command wages upwards of $76,380.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,980$19.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,698$20.5
ManagerOversees team, compliance, and project delivery.50% (Median)$53,220$25.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$71,163$34.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,380$36.7

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$56,930

Gross Pay

Real Wage (Purchasing Power)

$56,930

Adjusted for COL (100)

In Atlantic City-Hammonton, NJ, the Cost of Living Index is 100. This increases your effective purchasing power from $56,930 to $56,930.

Job Market Context

110

Total Jobs

0.669

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Atlantic City-Hammonton, NJ 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.

110 people work as Insurance Claims and Policy Processing Clerks in Atlantic City-Hammonton, NJ.

Only 0.669 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

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Atlantic City-Hammonton, NJ?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Atlantic City-Hammonton, NJ is $56,930. This typically ranges from $39,980 for entry-level positions to $76,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Atlantic City-Hammonton, NJ is 9.6% higher than the national median of $51,940.

Is Atlantic City-Hammonton, NJ a good place for Insurance Claims and Policy Processing Clerkss?

Yes, Atlantic City-Hammonton, NJ is financially attractive for Insurance Claims and Policy Processing Clerkss. The average salary of $56,930 exceeds the national average. See distinct detailed breakdown below.

Is Atlantic City-Hammonton, NJ a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Atlantic City-Hammonton, NJ?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($55,380) and Sussex Delaware nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Atlantic City-Hammonton, NJ area with a job density of 0.669 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.