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Average Insurance Claims and Policy Processing Clerks Salary in Cleveland, TN

The average salary for Insurance Claims and Policy Processing Clerkss in Cleveland, TN is $39,060. While this is lower than the national average, the cost of living in Cleveland, TN may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $39,060 per year.
  • Growth Trend: Salaries have shifted 20.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,090.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Cleveland, TN economy.
2024 Market Data

Salary Overview

$39,060

The average Insurance Claims and Policy Processing Clerks in Cleveland, TN earns-24.8%below the national average.

BreakdownBased on 40h/week
Hourly

$18.8

Weekly

$751

Monthly

$3,255

Insurance Claims and Policy Processing Clerks Salary Distribution in Cleveland, TN

The earning potential for Insurance Claims and Policy Processing Clerkss in Cleveland, TN 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 $32,880, while highly experienced professionals can command wages upwards of $48,090.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,880$15.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,295$14.1
ManagerOversees team, compliance, and project delivery.50% (Median)$37,540$18
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,825$23.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$48,090$23.1

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$39,060

Gross Pay

Real Wage (Purchasing Power)

$39,060

Adjusted for COL (100)

In Cleveland, TN, the Cost of Living Index is 100. This increases your effective purchasing power from $39,060 to $39,060.

Job Market Context

40

Total Jobs

0.811

Per 1K Jobs

0.55

Location Quotient

Below Average

Cleveland, TN has 0.55x 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.

40 people work as Insurance Claims and Policy Processing Clerks in Cleveland, TN.

Only 0.811 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 Cleveland, TN

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Cleveland, TN?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Cleveland, TN is $39,060. This typically ranges from $32,880 for entry-level positions to $48,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, TN is 24.8% lower than the national median of $51,940.

Is Cleveland, TN 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 Cleveland, TN is $39,060 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Cleveland, TN. See distinct detailed breakdown below.

Is Cleveland, TN a good place to live for Insurance Claims and Policy Processing Clerks?

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

Where are the highest paying cities near Cleveland, TN?

Some top paying nearby cities include Chattanooga, TN-GA ($47,640) and Knoxville, TN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Cleveland, TN area with a job density of 0.811 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.