In the Dayton-Kettering-Beavercreek, OH area, Insurance Claims and Policy Processing Clerks earn an average annual salary of $49,600. This figure is slightly below the national average of $51,940, suggesting localized economic factors and demand dynamics influence compensation in this Ohio region. The specific pay rates are often tied to the concentration of the industry and the overall economic health of the metropolitan area.
Executive Summary
- Average Salary: $49,600 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,310.
- Outlook: The job market for Insurance Claims and Policy Processing Clerks in Dayton-Kettering-Beavercreek, OH, appears stable with a total local workforce of 380 individuals. The Location Quotient of 0.68 indicates that this occupation is less concentrated here compared to the national average, suggesting a moderate but not saturated demand for these roles within the local economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Dayton-Kettering-Beavercreek, OH earns-4.5%below the national average.
$23.9
$954
$4,133
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for this role in Dayton is not provided, it is reasonable to assume that salaries for Insurance Claims and Policy Processing Clerks have seen gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving industry needs typically contribute to incremental increases in compensation for administrative and processing roles.
Insurance Claims and Policy Processing Clerks Salary Distribution in Dayton-Kettering-Beavercreek, OH
Career progression for Insurance Claims and Policy Processing Clerks typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized knowledge or supervisory responsibilities can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution. These percentile gaps are key indicators of career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,120 | $18.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,200 | $17.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,650 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,000 | $29.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,310 | $29.5 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,600
Gross Pay
Real Wage (Purchasing Power)
$49,600
Adjusted for COL (100)
With an average annual salary of $49,600 and a Cost of Living Index of 100 (which is the national average), the nominal income for an Insurance Claims and Policy Processing Clerk in Dayton-Kettering-Beavercreek, OH, directly aligns with the national cost of living. This means that the purchasing power of the salary is comparable to the national average, offering a stable financial standing relative to expenses.
Job Market Context
380
Total Jobs
1.009
Per 1K Jobs
0.68
Location Quotient
Dayton-Kettering-Beavercreek, OH has 0.68x 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.
A Location Quotient of 0.68 for Insurance Claims and Policy Processing Clerks in Dayton-Kettering-Beavercreek, OH, signifies that this occupation is less prevalent in the local job market than it is nationally. This suggests that while opportunities exist, the market is not oversaturated, potentially offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Cincinnati, OH-KY-IN Insurance Claims and Policy Processing Clerks Salary | $53,360↑ 8% | 50 mi |
| Columbus, OH Insurance Claims and Policy Processing Clerks Salary | $53,610↑ 8% | 65 mi |
| Lima, OH Insurance Claims and Policy Processing Clerks Salary | $49,680↑ 0% | 67 mi |
| Muncie, IN Insurance Claims and Policy Processing Clerks Salary | $43,460↓ 12% | 70 mi |
Comparing salaries near Dayton-Kettering-Beavercreek, OH
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Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Dayton-Kettering-Beavercreek, OH?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Dayton-Kettering-Beavercreek, OH is $49,600. This typically ranges from $39,120 for entry-level positions to $61,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dayton-Kettering-Beavercreek, OH is 4.5% lower than the national median of $51,940.
Is Dayton-Kettering-Beavercreek, OH a lucrative place for Insurance Claims and Policy Processing Clerks?
No, it is not exceptionally lucrative compared to the national average.The average salary of $49,600 is below the national average of $51,940, and the cost of living is at the national average, indicating standard earning potential.
Is Dayton-Kettering-Beavercreek, OH a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Dayton-Kettering-Beavercreek, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dayton-Kettering-Beavercreek, OH?
Some top paying nearby cities include Cincinnati, OH-KY-IN ($53,360) and Columbus, OH.
How does the local salary compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Dayton-Kettering-Beavercreek, OH, is $49,600, which is slightly lower than the national average of $51,940.
What is the total number of Insurance Claims and Policy Processing Clerks in the Dayton area?
There are approximately 380 Insurance Claims and Policy Processing Clerks employed in the Dayton-Kettering-Beavercreek, OH metropolitan area.
How does the concentration of this job role in Dayton compare to the national average?
The Location Quotient of 0.68 indicates that Insurance Claims and Policy Processing Clerks are less concentrated in Dayton compared to the national average.
What does a Cost of Living Index of 100 mean for this salary?
A Cost of Living Index of 100 means that the cost of living in Dayton-Kettering-Beavercreek, OH, is exactly the same as the national average, making the $49,600 salary's purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Dayton-Kettering-Beavercreek, OH area with a job density of 1.009 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 Dayton-Kettering-Beavercreek, OH