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Average Insurance Claims and Policy Processing Clerks Salary in Burlington-South Burlington, VT

The average salary for a Insurance Claims and Policy Processing Clerks in Burlington-South Burlington, VT is $54,360. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $54,360 per year.
  • Growth Trend: Salaries have shifted 14.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,730.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Burlington-South Burlington, VT economy.
2024 Market Data

Salary Overview

$54,360

The average Insurance Claims and Policy Processing Clerks in Burlington-South Burlington, VT earns+4.7%above the national average.

BreakdownBased on 40h/week
Hourly

$26.1

Weekly

$1,045

Monthly

$4,530

Insurance Claims and Policy Processing Clerks Salary Distribution in Burlington-South Burlington, VT

The earning potential for Insurance Claims and Policy Processing Clerkss in Burlington-South Burlington, VT 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 $43,170, while highly experienced professionals can command wages upwards of $64,730.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,170$20.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$40,770$19.6
ManagerOversees team, compliance, and project delivery.50% (Median)$51,000$24.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$67,950$32.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,730$31.1

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$54,360

Gross Pay

Real Wage (Purchasing Power)

$54,360

Adjusted for COL (100)

In Burlington-South Burlington, VT, the Cost of Living Index is 100. This increases your effective purchasing power from $54,360 to $54,360.

Job Market Context

150

Total Jobs

1.228

Per 1K Jobs

0.83

Location Quotient

Below Average

Burlington-South Burlington, VT 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.

150 people work as Insurance Claims and Policy Processing Clerks in Burlington-South Burlington, VT.

1.228 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 Burlington-South Burlington, VT

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Burlington-South Burlington, VT?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Burlington-South Burlington, VT is $54,360. This typically ranges from $43,170 for entry-level positions to $64,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Burlington-South Burlington, VT is 4.7% higher than the national median of $51,940.

Is Burlington-South Burlington, VT a good place for Insurance Claims and Policy Processing Clerkss?

Yes, Burlington-South Burlington, VT is financially attractive for Insurance Claims and Policy Processing Clerkss. The average salary of $54,360 exceeds the national average. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Burlington-South Burlington, VT?

Some top paying nearby cities include Northern Vermont nonmetropolitan area ($50,950) and Southern Vermont 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 150 employees in the Burlington-South Burlington, VT area with a job density of 1.228 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.