The average salary for a Insurance Claims and Policy Processing Clerks in Capital/Northern New York nonmetropolitan area is $52,270. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $52,270 per year.
- Growth Trend: Salaries have shifted 44.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,840.
- Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Capital/Northern New York nonmetropolitan area economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Capital/Northern New York nonmetropolitan area earns+0.6%above the national average.
$25.1
$1,005
$4,356
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
Over the past 4 years, Insurance Claims and Policy Processing Clerks salaries in Capital/Northern New York nonmetropolitan area have experienced a rapid surge, growing by 44.2%. 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 Capital/Northern New York nonmetropolitan area
The earning potential for Insurance Claims and Policy Processing Clerkss in Capital/Northern New York nonmetropolitan area 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 $39,930, while highly experienced professionals can command wages upwards of $65,840.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,930 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,203 | $18.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,480 | $22.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,338 | $31.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,840 | $31.7 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$52,270
Gross Pay
Real Wage (Purchasing Power)
$52,270
Adjusted for COL (100)
In Capital/Northern New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $52,270 to $52,270.
Job Market Context
30
Total Jobs
0.226
Per 1K Jobs
0.15
Location Quotient
At 0.15x, Capital/Northern New York nonmetropolitan area 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.
30 people work as Insurance Claims and Policy Processing Clerks in Capital/Northern New York nonmetropolitan area.
Only 0.226 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
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Insurance Claims and Policy Processing Clerks Salary | $50,850↓ 3% | 49 mi |
| Scranton--Wilkes-Barre, PA Insurance Claims and Policy Processing Clerks Salary | $42,770↓ 18% | 64 mi |
| Utica-Rome, NY Insurance Claims and Policy Processing Clerks Salary | $52,040↓ 0% | 66 mi |
| Albany-Schenectady-Troy, NY Insurance Claims and Policy Processing Clerks Salary | $54,610↑ 4% | 68 mi |
Comparing salaries near Capital/Northern New York nonmetropolitan area
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Capital/Northern New York nonmetropolitan area?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Capital/Northern New York nonmetropolitan area is $52,270. This typically ranges from $39,930 for entry-level positions to $65,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Capital/Northern New York nonmetropolitan area is 0.6% higher than the national median of $51,940.
Is Capital/Northern New York nonmetropolitan area a good place for Insurance Claims and Policy Processing Clerkss?
Yes, Capital/Northern New York nonmetropolitan area is financially attractive for Insurance Claims and Policy Processing Clerkss. The average salary of $52,270 exceeds the national average. See distinct detailed breakdown below.
Is Capital/Northern New York nonmetropolitan area a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($50,850) and Scranton--Wilkes-Barre, PA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 0.226 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Capital/Northern New York nonmetropolitan area