Average Insurance Claims and Policy Processing Clerks Salary in Durham-Chapel Hill, NC
The average salary for a Insurance Claims and Policy Processing Clerks in Durham-Chapel Hill, NC is $53,720. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $53,720 per year.
- Growth Trend: Salaries have shifted 13.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $71,580.
- Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Durham-Chapel Hill, NC economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Durham-Chapel Hill, NC earns+3.4%above the national average.
$25.8
$1,033
$4,477
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
Over the past 3 years, Insurance Claims and Policy Processing Clerks salaries in Durham-Chapel Hill, NC have shown healthy growth of 13.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Claims and Policy Processing Clerks Salary Distribution in Durham-Chapel Hill, NC
The earning potential for Insurance Claims and Policy Processing Clerkss in Durham-Chapel Hill, NC 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 $39,380, while highly experienced professionals can command wages upwards of $71,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,380 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,290 | $19.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,670 | $24.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $67,150 | $32.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $71,580 | $34.4 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$53,720
Gross Pay
Real Wage (Purchasing Power)
$53,720
Adjusted for COL (100)
In Durham-Chapel Hill, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $53,720 to $53,720.
Job Market Context
190
Total Jobs
0.553
Per 1K Jobs
0.37
Location Quotient
At 0.37x, Durham-Chapel Hill, NC 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.
190 people work as Insurance Claims and Policy Processing Clerks in Durham-Chapel Hill, NC.
Only 0.553 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 Durham-Chapel Hill, NC
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Durham-Chapel Hill, NC?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Durham-Chapel Hill, NC is $53,720. This typically ranges from $39,380 for entry-level positions to $71,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 3.4% higher than the national median of $51,940.
Is Durham-Chapel Hill, NC a good place for Insurance Claims and Policy Processing Clerkss?
Yes, Durham-Chapel Hill, NC is financially attractive for Insurance Claims and Policy Processing Clerkss. The average salary of $53,720 exceeds the national average. See distinct detailed breakdown below.
Is Durham-Chapel Hill, NC a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($51,150) and Burlington, NC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Durham-Chapel Hill, NC area with a job density of 0.553 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 Durham-Chapel Hill, NC