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Average Insurance Claims and Policy Processing Clerks Salary in Fayetteville-Springdale-Rogers, AR

The average salary for Insurance Claims and Policy Processing Clerkss in Fayetteville-Springdale-Rogers, AR is $45,660. While this is lower than the national average, the cost of living in Fayetteville-Springdale-Rogers, AR may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $45,660 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,180.
  • 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 Fayetteville-Springdale-Rogers, AR economy.
2024 Market Data

Salary Overview

$45,660

The average Insurance Claims and Policy Processing Clerks in Fayetteville-Springdale-Rogers, AR earns-12.1%below the national average.

BreakdownBased on 40h/week
Hourly

$22

Weekly

$878

Monthly

$3,805

Insurance Claims and Policy Processing Clerks Salary Distribution in Fayetteville-Springdale-Rogers, AR

The earning potential for Insurance Claims and Policy Processing Clerkss in Fayetteville-Springdale-Rogers, AR 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 $38,970, while highly experienced professionals can command wages upwards of $58,180.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,970$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,245$16.5
ManagerOversees team, compliance, and project delivery.50% (Median)$43,680$21
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,075$27.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,180$28

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$45,660

Gross Pay

Real Wage (Purchasing Power)

$45,660

Adjusted for COL (100)

In Fayetteville-Springdale-Rogers, AR, the Cost of Living Index is 100. This increases your effective purchasing power from $45,660 to $45,660.

Job Market Context

140

Total Jobs

0.515

Per 1K Jobs

0.35

Location Quotient

Low Concentration

At 0.35x, Fayetteville-Springdale-Rogers, AR 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 Fayetteville-Springdale-Rogers, AR.

Only 0.515 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 Fayetteville-Springdale-Rogers, AR

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Fayetteville-Springdale-Rogers, AR?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Fayetteville-Springdale-Rogers, AR is $45,660. This typically ranges from $38,970 for entry-level positions to $58,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fayetteville-Springdale-Rogers, AR is 12.1% lower than the national median of $51,940.

Is Fayetteville-Springdale-Rogers, AR 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 Fayetteville-Springdale-Rogers, AR is $45,660 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Fayetteville-Springdale-Rogers, AR. See distinct detailed breakdown below.

Is Fayetteville-Springdale-Rogers, AR a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?

Some top paying nearby cities include Fort Smith, AR-OK ($46,600) and Joplin, MO-KS.

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 Fayetteville-Springdale-Rogers, AR area with a job density of 0.515 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.