SalaryNode

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.
2024 Market Data

Salary Overview

$53,720

The average Insurance Claims and Policy Processing Clerks in Durham-Chapel Hill, NC earns+3.4%above the national average.

BreakdownBased on 40h/week
Hourly

$25.8

Weekly

$1,033

Monthly

$4,477

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 LevelMarket PercentileAnnual WageHourly 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

Low Concentration

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

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.