Average Insurance Claims and Policy Processing Clerks Salary in Jacksonville, FL
In Jacksonville, FL, Insurance Claims and Policy Processing Clerks earn an average annual salary of $48,310. This figure is slightly below the national average of $51,940, indicating a localized compensation trend. Factors such as the regional economic landscape and the specific demand within the Jacksonville metropolitan area contribute to this pay differential.
Executive Summary
- Average Salary: $48,310 per year.
- Growth Trend: Salaries have shifted 11.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,700.
- Outlook: The Jacksonville job market for Insurance Claims and Policy Processing Clerks appears robust, evidenced by a substantial local workforce of 1,880 individuals. The Location Quotient of 1.67 significantly surpasses the national average, suggesting a higher concentration of these roles in Jacksonville relative to other areas, which points to sustained demand and potential job security for professionals in this field.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Jacksonville, FL earns-7.0%below the national average.
$23.2
$929
$4,026
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for Jacksonville is not provided, it is reasonable to assume that salaries for Insurance Claims and Policy Processing Clerks in the region have seen modest growth over the past four years, mirroring national trends. This growth is typically driven by inflation, evolving industry demands, and the increasing complexity of insurance processes, leading to a gradual upward adjustment in compensation.
Insurance Claims and Policy Processing Clerks Salary Distribution in Jacksonville, FL
Career progression for Insurance Claims and Policy Processing Clerks in Jacksonville typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries significantly higher than the average. These percentile gaps reflect the value placed on accumulated knowledge and proven performance within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,890 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,233 | $17.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,640 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,388 | $29 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,700 | $33 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,310
Gross Pay
Real Wage (Purchasing Power)
$48,310
Adjusted for COL (100)
For professionals considering a move to Jacksonville, the nominal average salary of $48,310 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an Insurance Claims and Policy Processing Clerk's salary in Jacksonville is equivalent to the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
1,880
Total Jobs
2.48
Per 1K Jobs
1.67
Location Quotient
Jacksonville, FL has 1.7x the national concentration of Insurance Claims and Policy Processing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Jacksonville's Location Quotient of 1.67 for Insurance Claims and Policy Processing Clerks indicates a market where this profession is more concentrated than the national average. This suggests a potentially competitive environment due to a higher density of available talent, but also signifies a strong presence and likely ongoing demand from local insurance providers and related businesses.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Gainesville, FL Insurance Claims and Policy Processing Clerks Salary | $49,150↑ 2% | 60 mi |
| Ocala, FL Insurance Claims and Policy Processing Clerks Salary | $44,830↓ 7% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Jacksonville, FL?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Jacksonville, FL is $48,310. This typically ranges from $36,890 for entry-level positions to $68,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 7.0% lower than the national median of $51,940.
Is Jacksonville, FL a lucrative place for Insurance Claims and Policy Processing Clerks?
No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average salary of $48,310 is below the national average of $51,940. The high concentration of roles (LQ of 1.67) suggests demand, but not necessarily higher pay.
Is Jacksonville, FL a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Gainesville, FL ($49,150) and Ocala, FL.
How does Jacksonville's salary for this role compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Jacksonville, FL is $48,310, which is approximately 6.9% lower than the national average of $51,940.
What is the significance of the Location Quotient (LQ) in Jacksonville?
A Location Quotient of 1.67 means that Insurance Claims and Policy Processing Clerk roles are 67% more concentrated in Jacksonville than the national average. This indicates a stronger local industry presence and potentially higher demand for these professionals.
Does the cost of living in Jacksonville affect the perceived salary?
No, the cost of living in Jacksonville is exactly at the national average (index of 100). Therefore, the nominal salary of $48,310 has the same purchasing power as the national average salary.
How many Insurance Claims and Policy Processing Clerks work in Jacksonville?
There are approximately 1,880 Insurance Claims and Policy Processing Clerks employed in the Jacksonville, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,880 employees in the Jacksonville, FL area with a job density of 2.48 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Claims and Policy Processing Clerks Salaries by State
Top Jobs in Jacksonville, FL
- All Occupations Salary in Jacksonville, FL
- Office and Administrative Support Occupations Salary in Jacksonville, FL
- Transportation and Material Moving Occupations Salary in Jacksonville, FL
- Sales and Related Occupations Salary in Jacksonville, FL
- Food Preparation and Serving Related Occupations Salary in Jacksonville, FL
- Business and Financial Operations Occupations Salary in Jacksonville, FL
- Healthcare Practitioners and Technical Occupations Salary in Jacksonville, FL
- Management Occupations Salary in Jacksonville, FL
- Construction and Extraction Occupations Salary in Jacksonville, FL
- Educational Instruction and Library Occupations Salary in Jacksonville, FL
- Browse All Jobs in Jacksonville, FL →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Jacksonville, FL