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Average Insurance Claims and Policy Processing Clerks Salary in Elkhart-Goshen, IN

The average salary for a Insurance Claims and Policy Processing Clerks in Elkhart-Goshen, IN is $46,990. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $46,990 per year.
  • Growth Trend: Salaries have shifted 22.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,740.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Elkhart-Goshen, IN economy.
2024 Market Data

Salary Overview

$46,990

The average Insurance Claims and Policy Processing Clerks in Elkhart-Goshen, IN earns-9.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$904

Monthly

$3,916

Insurance Claims and Policy Processing Clerks Salary Distribution in Elkhart-Goshen, IN

The earning potential for Insurance Claims and Policy Processing Clerkss in Elkhart-Goshen, IN 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 $35,210, while highly experienced professionals can command wages upwards of $58,740.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,210$16.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,243$16.9
ManagerOversees team, compliance, and project delivery.50% (Median)$46,170$22.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,738$28.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,740$28.2

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$46,990

Gross Pay

Real Wage (Purchasing Power)

$46,990

Adjusted for COL (100)

In Elkhart-Goshen, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $46,990 to $46,990.

Job Market Context

50

Total Jobs

0.37

Per 1K Jobs

0.25

Location Quotient

Low Concentration

At 0.25x, Elkhart-Goshen, IN 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.

50 people work as Insurance Claims and Policy Processing Clerks in Elkhart-Goshen, IN.

Only 0.37 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 Elkhart-Goshen, IN?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Elkhart-Goshen, IN is $46,990. This typically ranges from $35,210 for entry-level positions to $58,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Elkhart-Goshen, IN is 9.5% lower than the national median of $51,940.

Is Elkhart-Goshen, IN a good place for Insurance Claims and Policy Processing Clerkss?

It depends on your priorities. While the average Insurance Claims and Policy Processing Clerks salary in Elkhart-Goshen, IN is $46,990 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Elkhart-Goshen, IN. See distinct detailed breakdown below.

Is Elkhart-Goshen, IN a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Elkhart-Goshen, IN?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($48,390) and Kalamazoo-Portage, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Elkhart-Goshen, IN area with a job density of 0.37 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.