Average Insurance Claims and Policy Processing Clerks Salary in Modesto, CA
Insurance Claims and Policy Processing Clerks in Modesto, CA, earn an average annual salary of $55,360. This figure is notably higher than the national average of $51,940, suggesting that local market dynamics and potentially specific industry demands in Modesto contribute to this elevated compensation. The concentration of these roles within the local workforce also plays a part in shaping the pay scale.
Executive Summary
- Average Salary: $55,360 per year.
- Growth Trend: Salaries have shifted 13.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,900.
- Outlook: With a total local workforce of 210 individuals in this specific role, the market in Modesto presents a stable, albeit not exceptionally large, employment landscape for Insurance Claims and Policy Processing Clerks. The Location Quotient of 0.72 indicates a slightly lower concentration compared to the national average, suggesting that while the jobs exist, they are not disproportionately prevalent in Modesto. This balance points to a steady demand rather than rapid growth, offering a reliable career path for professionals in the field.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Modesto, CA earns+6.6%above the national average.
$26.6
$1,065
$4,613
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for Modesto's Insurance Claims and Policy Processing Clerk salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic factors, inflation, and evolving industry needs typically drive salary increases over time, suggesting that professionals in this role have likely seen their earning potential grow consistently in recent years.
Insurance Claims and Policy Processing Clerks Salary Distribution in Modesto, CA
Salary progression for Insurance Claims and Policy Processing Clerks in Modesto, CA, is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can expect significantly higher compensation. The percentile gaps in salary distribution clearly signify career advancement opportunities, rewarding accumulated expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,230 | $19.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $41,520 | $20 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,490 | $23.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $69,200 | $33.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $77,900 | $37.5 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$55,360
Gross Pay
Real Wage (Purchasing Power)
$55,360
Adjusted for COL (100)
The nominal average annual salary of $55,360 in Modesto 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 Modesto is equivalent to that of a clerk earning the national average in a location with a national average cost of living. Therefore, the salary effectively supports the local standard of living without a significant premium or deficit.
Job Market Context
210
Total Jobs
1.064
Per 1K Jobs
0.72
Location Quotient
Modesto, CA has 0.72x the national average concentration of Insurance Claims and Policy Processing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.72 for Insurance Claims and Policy Processing Clerks in Modesto indicates that this profession is slightly less concentrated than the national average. This suggests that while there is a presence of these roles, the market is not saturated, and opportunities may be more specialized or tied to specific local insurance providers. It implies a moderate level of competition, where skilled individuals can find stable employment.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Stockton-Lodi, CA Insurance Claims and Policy Processing Clerks Salary | $53,410↓ 4% | 29 mi |
| Merced, CA Insurance Claims and Policy Processing Clerks Salary | $55,030↓ 1% | 37 mi |
| San Jose-Sunnyvale-Santa Clara, CA Insurance Claims and Policy Processing Clerks Salary | $66,060↑ 19% | 53 mi |
| Sacramento-Roseville-Folsom, CA Insurance Claims and Policy Processing Clerks Salary | $57,650↑ 4% | 69 mi |
| Santa Cruz-Watsonville, CA Insurance Claims and Policy Processing Clerks Salary | $62,380↑ 13% | 73 mi |
Comparing salaries near Modesto, CA
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Modesto, CA?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Modesto, CA is $55,360. This typically ranges from $40,230 for entry-level positions to $77,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Modesto, CA is 6.6% higher than the national median of $51,940.
Is Modesto, CA a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, with a salary exceeding the national average.The average salary of $55,360 in Modesto is higher than the national average of $51,940, and the cost of living is on par with the national average, indicating good earning potential.
Is Modesto, CA a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Modesto, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Modesto, CA?
Some top paying nearby cities include Stockton-Lodi, CA ($53,410) and Merced, CA.
How does the Modesto salary compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Modesto, CA, is $55,360, which is approximately $3,420 higher than the national average of $51,940.
What is the concentration of this job in Modesto?
The Location Quotient of 0.72 suggests that Insurance Claims and Policy Processing Clerks are slightly less concentrated in Modesto compared to the national average.
How does the cost of living affect the Modesto salary?
With a Cost of Living Index of 100, Modesto's cost of living is average nationally. This means the $55,360 salary offers purchasing power equivalent to the national average.
What does the job density (jobs per 1,000 workers) indicate?
The figure of 1.064 jobs per 1,000 workers indicates the relative prevalence of this role within the local workforce, providing context for job availability.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Modesto, CA area with a job density of 1.064 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Modesto, CA