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Average Insurance Claims and Policy Processing Clerks Salary in District of Columbia

Yes, District of Columbia is a highly lucrative market for Insurance Claims and Policy Processing Clerkss. With an average annual salary of $65,760, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $65,760 per year.
  • Growth Trend: Salaries have shifted 12.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $90,200.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader District of Columbia economy.
2024 Market Data

Salary Overview

$65,760

The average Insurance Claims and Policy Processing Clerks in District of Columbia earns+26.6%above the national average.

BreakdownBased on 40h/week
Hourly

$31.6

Weekly

$1,265

Monthly

$5,480

Insurance Claims and Policy Processing Clerks Salary Distribution in District of Columbia

The earning potential for Insurance Claims and Policy Processing Clerkss in District of Columbia 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 $45,460, while highly experienced professionals can command wages upwards of $90,200.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,460$21.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,320$23.7
ManagerOversees team, compliance, and project delivery.50% (Median)$57,510$27.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$82,200$39.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$90,200$43.4

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$65,760

Gross Pay

Real Wage (Purchasing Power)

$44,223

Adjusted for COL (148.7)

While the average salary of $65,760 in District of Columbia is 27% higher than the national average, you should be aware of the cost of living. With a Cost of Living Index of 148.7, your real purchasing power is actually lower, effectively feeling like $44,223.

Job Market Context

140

Total Jobs

0.197

Per 1K Jobs

0.13

Location Quotient

Low Concentration

At 0.13x, District of Columbia 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.

140 people work as Insurance Claims and Policy Processing Clerks in District of Columbia.

Only 0.197 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 District of Columbia

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in District of Columbia?

The median annual salary for a Insurance Claims and Policy Processing Clerks in District of Columbia is $65,760. This typically ranges from $45,460 for entry-level positions to $90,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in District of Columbia is 26.6% higher than the national median of $51,940.

Is District of Columbia a good place for Insurance Claims and Policy Processing Clerkss?

Yes, District of Columbia is financially attractive for Insurance Claims and Policy Processing Clerkss. The average salary of $65,760 exceeds the national average. See distinct detailed breakdown below.

Is District of Columbia a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in District of Columbia is 148.7. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near District of Columbia?

Some top paying nearby cities include Baltimore-Columbia-Towson, MD ($49,910) and Hagerstown-Martinsburg, MD-WV.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the District of Columbia area with a job density of 0.197 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.