In the Deltona-Daytona Beach-Ormond Beach, FL area, Insurance Claims and Policy Processing Clerks earn an average annual salary of $42,070. This figure falls below the national average of $51,940, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation difference. Understanding these localized pay scales is crucial for both employers and job seekers in the region.
Executive Summary
- Average Salary: $42,070 per year.
- Growth Trend: Salaries have shifted 9.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,050.
- Outlook: The Deltona-Daytona Beach-Ormond Beach metropolitan area supports a workforce of 510 Insurance Claims and Policy Processing Clerks. With a Location Quotient of 1.57, this indicates a notable concentration of these roles compared to the national average, suggesting a potentially robust demand or a specialized local industry that relies heavily on these functions. The presence of 2.34 jobs per 1,000 workers further underscores the significance of this occupation within the local economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Deltona-Daytona Beach-Ormond Beach, FL earns-19.0%below the national average.
$20.2
$809
$3,506
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for this exact role in Deltona-Daytona Beach-Ormond Beach 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 factors such as inflation, increased demand for insurance services, and evolving regulatory landscapes typically drive modest annual increases in compensation for administrative and processing roles.
Insurance Claims and Policy Processing Clerks Salary Distribution in Deltona-Daytona Beach-Ormond Beach, FL
Career progression for Insurance Claims and Policy Processing Clerks typically involves a salary scale that increases with experience. Entry-level positions may start at the lower end of the pay spectrum, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings signify the tangible rewards of accumulating experience, developing expertise, and taking on more complex responsibilities within the claims and policy processing field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,130 | $15.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,553 | $15.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,140 | $17.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,588 | $25.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,050 | $28.9 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$42,070
Gross Pay
Real Wage (Purchasing Power)
$42,070
Adjusted for COL (100)
The average annual salary of $42,070 for Insurance Claims and Policy Processing Clerks in Deltona-Daytona Beach-Ormond Beach, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, indicating that the cost of essential goods and services in the area is neither significantly higher nor lower than the typical American city.
Job Market Context
510
Total Jobs
2.34
Per 1K Jobs
1.57
Location Quotient
Deltona-Daytona Beach-Ormond Beach, FL has 1.6x the national concentration of Insurance Claims and Policy Processing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.57 for Insurance Claims and Policy Processing Clerks in Deltona-Daytona Beach-Ormond Beach, FL, signifies that this occupation is more concentrated in this area than the national average. This suggests a higher relative demand for these professionals within the local job market, potentially making it a more favorable environment for job seekers compared to regions with a lower concentration.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Orlando-Kissimmee-Sanford, FL Insurance Claims and Policy Processing Clerks Salary | $49,850↑ 18% | 27 mi |
| Ocala, FL Insurance Claims and Policy Processing Clerks Salary | $44,830↑ 7% | 60 mi |
| Palm Bay-Melbourne-Titusville, FL Insurance Claims and Policy Processing Clerks Salary | $49,770↑ 18% | 73 mi |
| Lakeland-Winter Haven, FL Insurance Claims and Policy Processing Clerks Salary | $48,720↑ 16% | 74 mi |
Comparing salaries near Deltona-Daytona Beach-Ormond Beach, FL
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Deltona-Daytona Beach-Ormond Beach, FL?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Deltona-Daytona Beach-Ormond Beach, FL is $42,070. This typically ranges from $33,130 for entry-level positions to $60,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Deltona-Daytona Beach-Ormond Beach, FL is 19.0% lower than the national median of $51,940.
Is Deltona-Daytona Beach-Ormond Beach, FL a lucrative place for Insurance Claims and Policy Processing Clerks?
No, not significantly more lucrative than the national average.While the local concentration of these roles is higher than the national average, the average salary of $42,070 is below the national average of $51,940, and the cost of living is on par with the national average.
Is Deltona-Daytona Beach-Ormond Beach, FL a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Deltona-Daytona Beach-Ormond Beach, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Deltona-Daytona Beach-Ormond Beach, FL?
Some top paying nearby cities include Orlando-Kissimmee-Sanford, FL ($49,850) and Ocala, FL.
How does the local salary compare to the national average?
The average salary for Insurance Claims and Policy Processing Clerks in Deltona-Daytona Beach-Ormond Beach, FL is $42,070, which is notably lower than the national average of $51,940.
What is the significance of the Location Quotient (LQ) of 1.57?
An LQ of 1.57 indicates that Insurance Claims and Policy Processing Clerk roles are 57% more concentrated in the Deltona-Daytona Beach-Ormond Beach area than the national average, suggesting a stronger local presence of this industry.
How does the cost of living affect the salary in Deltona-Daytona Beach-Ormond Beach, FL?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. Therefore, the $42,070 salary has the same purchasing power as the national average salary would in a typical US city.
What is the total workforce size for this role in the area?
There are approximately 510 Insurance Claims and Policy Processing Clerks employed in the Deltona-Daytona Beach-Ormond Beach, FL metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Deltona-Daytona Beach-Ormond Beach, FL area with a job density of 2.34 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 Deltona-Daytona Beach-Ormond Beach, FL