SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Lansing-East Lansing, MI

In Lansing-East Lansing, MI, Insurance Claims and Policy Processing Clerks earn an average annual salary of $45,920. This figure is notably below the national average of $51,940, suggesting localized economic factors or a different market dynamic are at play. The specific pay rates in this region are influenced by the concentration of industry demand and the overall economic landscape of Michigan's capital region.

Executive Summary

  • Average Salary: $45,920 per year.
  • Growth Trend: Salaries have shifted 1.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,990.
  • Outlook: The Lansing-East Lansing area supports a dedicated workforce of 1,090 Insurance Claims and Policy Processing Clerks, indicating a stable presence for this occupation. With a jobs-per-1,000-workers ratio of approximately 5.1, the demand is consistent within the local employment ecosystem. This substantial local workforce, coupled with a high concentration quotient, suggests a robust and established market for these roles.
2024 Market Data

Salary Overview

$45,920

The average Insurance Claims and Policy Processing Clerks in Lansing-East Lansing, MI earns-11.6%below the national average.

BreakdownBased on 40h/week
Hourly

$22.1

Weekly

$883

Monthly

$3,827

Insurance Claims and Policy Processing Clerks Salary Distribution in Lansing-East Lansing, MI

Career progression for Insurance Claims and Policy Processing Clerks typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized knowledge or supervisory responsibilities can command significantly higher salaries. The widening gap between entry-level and senior-level compensation reflects the accumulation of expertise and the increased value placed on experienced personnel within the insurance sector.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,460$14.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,440$16.6
ManagerOversees team, compliance, and project delivery.50% (Median)$45,030$21.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,400$27.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,990$30.8

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$45,920

Gross Pay

Real Wage (Purchasing Power)

$45,920

Adjusted for COL (100)

The average annual salary of $45,920 in Lansing-East Lansing aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Claims and Policy Processing Clerk's salary in this area is equivalent to the national average. Consequently, individuals relocating to Lansing-East Lansing can expect their earnings to cover standard living expenses at a rate comparable to the rest of the country.

Job Market Context

1,090

Total Jobs

5.096

Per 1K Jobs

3.43

Location Quotient

Major Hub

Lansing-East Lansing, MI has 3.4x 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.

The Lansing-East Lansing market for Insurance Claims and Policy Processing Clerks exhibits a significant concentration, as indicated by a Location Quotient of 3.43. This high quotient suggests that this occupation is substantially more prevalent in the Lansing-East Lansing area compared to the national average. Such a concentration points to a specialized demand for these roles within the local economy, potentially offering more opportunities and a competitive environment for professionals in this field.

Nearby Job Markets

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Lansing-East Lansing, MI?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Lansing-East Lansing, MI is $45,920. This typically ranges from $29,460 for entry-level positions to $63,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lansing-East Lansing, MI is 11.6% lower than the national median of $51,940.

Is Lansing-East Lansing, MI a lucrative place for Insurance Claims and Policy Processing Clerks?

No, not more lucrative than the national average.While the cost of living is average, the nominal salary of $45,920 is below the national average of $51,940. The high concentration suggests specialized local demand rather than higher overall compensation.

Is Lansing-East Lansing, MI a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Lansing-East Lansing, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lansing-East Lansing, MI?

Some top paying nearby cities include Jackson, MI ($47,250) and Mid Michigan nonmetropolitan area.

How does the Lansing-East Lansing salary compare to the national average?

The average salary for Insurance Claims and Policy Processing Clerks in Lansing-East Lansing is $45,920, which is lower than the national average of $51,940.

What is the Cost of Living in Lansing-East Lansing, MI?

The Cost of Living Index in Lansing-East Lansing is 100, which is exactly the national average, indicating that everyday expenses are comparable to the rest of the United States.

Is there high demand for Insurance Claims and Policy Processing Clerks in Lansing-East Lansing?

The Location Quotient of 3.43 suggests a significantly higher concentration of these jobs in Lansing-East Lansing compared to the national average, indicating strong localized demand.

What is the total number of Insurance Claims and Policy Processing Clerks in Lansing-East Lansing?

There are approximately 1,090 Insurance Claims and Policy Processing Clerks employed in the Lansing-East Lansing area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,090 employees in the Lansing-East Lansing, MI area with a job density of 5.096 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.