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Average Insurance Claims and Policy Processing Clerks Salary in Fort Smith, AR-OK

The average salary for Insurance Claims and Policy Processing Clerkss in Fort Smith, AR-OK is $46,600. While this is lower than the national average, the cost of living in Fort Smith, AR-OK may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $46,600 per year.
  • Growth Trend: Salaries have shifted 23.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,100.
  • Outlook: This role remains a specialized component of the broader Fort Smith, AR-OK economy.
2024 Market Data

Salary Overview

$46,600

The average Insurance Claims and Policy Processing Clerks in Fort Smith, AR-OK earns-10.3%below the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$896

Monthly

$3,883

Insurance Claims and Policy Processing Clerks Salary Distribution in Fort Smith, AR-OK

The earning potential for Insurance Claims and Policy Processing Clerkss in Fort Smith, AR-OK 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 $35,180, while highly experienced professionals can command wages upwards of $66,100.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,180$16.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,950$16.8
ManagerOversees team, compliance, and project delivery.50% (Median)$39,810$19.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,250$28
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$66,100$31.8

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$46,600

Gross Pay

Real Wage (Purchasing Power)

$46,600

Adjusted for COL (100)

In Fort Smith, AR-OK, the Cost of Living Index is 100. This increases your effective purchasing power from $46,600 to $46,600.

Nearby Job Markets

Nearby Cities for Insurance Claims and Policy Processing Clerks

Comparing salaries near Fort Smith, AR-OK

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Fort Smith, AR-OK?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Fort Smith, AR-OK is $46,600. This typically ranges from $35,180 for entry-level positions to $66,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fort Smith, AR-OK is 10.3% lower than the national median of $51,940.

Is Fort Smith, AR-OK 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 Fort Smith, AR-OK is $46,600 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Fort Smith, AR-OK. See distinct detailed breakdown below.

Is Fort Smith, AR-OK a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Fort Smith, AR-OK is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fort Smith, AR-OK?

Some top paying nearby cities include Fayetteville-Springdale-Rogers, AR ($45,660) and others.

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