Average Insurance Claims and Policy Processing Clerks Salary in Bloomington, IN
The average salary for Insurance Claims and Policy Processing Clerkss in Bloomington, IN is $45,480. While this is lower than the national average, the cost of living in Bloomington, IN may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $45,480 per year.
- Growth Trend: Salaries have shifted 50.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,790.
- Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Bloomington, IN economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Bloomington, IN earns-12.4%below the national average.
$21.9
$875
$3,790
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
Over the past 4 years, Insurance Claims and Policy Processing Clerks salaries in Bloomington, IN have experienced a rapid surge, growing by 50.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Claims and Policy Processing Clerks Salary Distribution in Bloomington, IN
The earning potential for Insurance Claims and Policy Processing Clerkss in Bloomington, IN 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 $30,690, while highly experienced professionals can command wages upwards of $59,790.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,690 | $14.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,110 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,020 | $22.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,850 | $27.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,790 | $28.7 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$45,480
Gross Pay
Real Wage (Purchasing Power)
$45,480
Adjusted for COL (100)
In Bloomington, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $45,480 to $45,480.
Job Market Context
90
Total Jobs
1.226
Per 1K Jobs
0.83
Location Quotient
Bloomington, IN has 0.83x the national average concentration of Insurance Claims and Policy Processing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
90 people work as Insurance Claims and Policy Processing Clerks in Bloomington, IN.
1.226 out of every 1,000 local jobs are Insurance Claims and Policy Processing Clerks positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
Comparing salaries near Bloomington, IN
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Bloomington, IN?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Bloomington, IN is $45,480. This typically ranges from $30,690 for entry-level positions to $59,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IN is 12.4% lower than the national median of $51,940.
Is Bloomington, IN 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 Bloomington, IN is $45,480 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Bloomington, IN. See distinct detailed breakdown below.
Is Bloomington, IN a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Bloomington, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IN?
Some top paying nearby cities include Columbus, IN ($41,560) and Indianapolis-Carmel-Greenwood, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Bloomington, IN area with a job density of 1.226 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Claims and Policy Processing Clerks Salaries by State
Top Jobs in Bloomington, IN
- All Occupations Salary in Bloomington, IN
- Food Preparation and Serving Related Occupations Salary in Bloomington, IN
- Office and Administrative Support Occupations Salary in Bloomington, IN
- Production Occupations Salary in Bloomington, IN
- Educational Instruction and Library Occupations Salary in Bloomington, IN
- Sales and Related Occupations Salary in Bloomington, IN
- Healthcare Practitioners and Technical Occupations Salary in Bloomington, IN
- Transportation and Material Moving Occupations Salary in Bloomington, IN
- Business and Financial Operations Occupations Salary in Bloomington, IN
- Management Occupations Salary in Bloomington, IN
- Browse All Jobs in Bloomington, IN →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Bloomington, IN