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Average Insurance Claims and Policy Processing Clerks Salary in Central East New York nonmetropolitan area

The average salary for a Insurance Claims and Policy Processing Clerks in Central East New York nonmetropolitan area is $56,560. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $56,560 per year.
  • Growth Trend: Salaries have shifted 45.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,520.
  • 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 Central East New York nonmetropolitan area economy.
2024 Market Data

Salary Overview

$56,560

The average Insurance Claims and Policy Processing Clerks in Central East New York nonmetropolitan area earns+8.9%above the national average.

BreakdownBased on 40h/week
Hourly

$27.2

Weekly

$1,088

Monthly

$4,713

Insurance Claims and Policy Processing Clerks Salary Distribution in Central East New York nonmetropolitan area

The earning potential for Insurance Claims and Policy Processing Clerkss in Central East 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 $41,610, while highly experienced professionals can command wages upwards of $78,520.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,610$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,420$20.4
ManagerOversees team, compliance, and project delivery.50% (Median)$56,090$27
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,700$34
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$78,520$37.8

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$56,560

Gross Pay

Real Wage (Purchasing Power)

$56,560

Adjusted for COL (100)

In Central East New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $56,560 to $56,560.

Job Market Context

110

Total Jobs

0.696

Per 1K Jobs

0.47

Location Quotient

Low Concentration

At 0.47x, Central East 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.

110 people work as Insurance Claims and Policy Processing Clerks in Central East New York nonmetropolitan area.

Only 0.696 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

Comparing salaries near Central East 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 Central East New York nonmetropolitan area?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Central East New York nonmetropolitan area is $56,560. This typically ranges from $41,610 for entry-level positions to $78,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central East New York nonmetropolitan area is 8.9% higher than the national median of $51,940.

Is Central East New York nonmetropolitan area a good place for Insurance Claims and Policy Processing Clerkss?

Yes, Central East New York nonmetropolitan area is financially attractive for Insurance Claims and Policy Processing Clerkss. The average salary of $56,560 exceeds the national average. See distinct detailed breakdown below.

Is Central East New York nonmetropolitan area a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Central East New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central East 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 110 employees in the Central East New York nonmetropolitan area area with a job density of 0.696 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.