SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Burlington, NC

The average salary for a Insurance Claims and Policy Processing Clerks in Burlington, NC is $50,000. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $50,000 per year.
  • Growth Trend: Salaries have shifted 16.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,360.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Burlington, NC economy.
2024 Market Data

Salary Overview

$50,000

The average Insurance Claims and Policy Processing Clerks in Burlington, NC earns-3.7%below the national average.

BreakdownBased on 40h/week
Hourly

$24

Weekly

$962

Monthly

$4,167

Insurance Claims and Policy Processing Clerks Salary Distribution in Burlington, NC

The earning potential for Insurance Claims and Policy Processing Clerkss in Burlington, NC 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 $35,270, while highly experienced professionals can command wages upwards of $70,360.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,270$17
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,500$18
ManagerOversees team, compliance, and project delivery.50% (Median)$45,300$21.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,500$30
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,360$33.8

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$50,000

Gross Pay

Real Wage (Purchasing Power)

$50,000

Adjusted for COL (100)

In Burlington, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $50,000 to $50,000.

Job Market Context

50

Total Jobs

0.666

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Burlington, NC 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.

50 people work as Insurance Claims and Policy Processing Clerks in Burlington, NC.

Only 0.666 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

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Burlington, NC?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Burlington, NC is $50,000. This typically ranges from $35,270 for entry-level positions to $70,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Burlington, NC is 3.7% lower than the national median of $51,940.

Is Burlington, NC 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 Burlington, NC is $50,000 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Burlington, NC. See distinct detailed breakdown below.

Is Burlington, NC a good place to live for Insurance Claims and Policy Processing Clerks?

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

Where are the highest paying cities near Burlington, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($49,620) and Durham-Chapel Hill, NC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Burlington, NC area with a job density of 0.666 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.