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Average Insurance Claims and Policy Processing Clerks Salary in North Northeastern Ohio nonmetropolitan area (noncontiguous)

Insurance Claims and Policy Processing Clerks in the North Northeastern Ohio nonmetropolitan area (noncontiguous) earn an average annual salary of $47,380. This figure falls below the national average of $51,940, a common trend in nonmetropolitan regions where the cost of labor and operational expenses may be lower. The specific economic landscape and demand within this particular Ohio region directly influence this compensation level.

Executive Summary

  • Average Salary: $47,380 per year.
  • Growth Trend: Salaries have shifted 29.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,230.
  • Outlook: With a total local workforce of 240 individuals in this role, the job market for Insurance Claims and Policy Processing Clerks in the North Northeastern Ohio nonmetropolitan area (noncontiguous) appears stable but not rapidly expanding. The Location Quotient of 0.65 indicates a lower concentration of these jobs compared to the national average, suggesting that while opportunities exist, they are not as abundant as in more densely populated or industry-focused areas.
2024 Market Data

Salary Overview

$47,380

The average Insurance Claims and Policy Processing Clerks in North Northeastern Ohio nonmetropolitan area (noncontiguous) earns-8.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$911

Monthly

$3,948

Insurance Claims and Policy Processing Clerks Salary Distribution in North Northeastern Ohio nonmetropolitan area (noncontiguous)

Salary progression for Insurance Claims and Policy Processing Clerks typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive knowledge of claims, policy nuances, and regulatory compliance can command significantly higher salaries. The percentile gaps in compensation clearly signify career advancement opportunities and the value placed on accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,170$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,535$17.1
ManagerOversees team, compliance, and project delivery.50% (Median)$47,990$23.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,225$28.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,230$28.5

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,380

Gross Pay

Real Wage (Purchasing Power)

$47,380

Adjusted for COL (100)

The nominal average annual salary of $47,380 in the North Northeastern Ohio nonmetropolitan area (noncontiguous) aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an Insurance Claims and Policy Processing Clerk's salary in this region is comparable to that of their national counterparts, offering a balanced financial standing relative to local expenses.

Job Market Context

240

Total Jobs

0.969

Per 1K Jobs

0.65

Location Quotient

Below Average

North Northeastern Ohio nonmetropolitan area (noncontiguous) has 0.65x 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.

A Location Quotient of 0.65 for Insurance Claims and Policy Processing Clerks in the North Northeastern Ohio nonmetropolitan area (noncontiguous) suggests that this occupation is less concentrated here than the national average. This indicates a potentially less competitive job market for these specific roles, meaning that while the sheer number of positions might be lower, the relative availability compared to the local workforce is also reduced.

Nearby Job Markets

Nearby Cities for Insurance Claims and Policy Processing Clerks

Comparing salaries near North Northeastern Ohio nonmetropolitan area (noncontiguous)

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in North Northeastern Ohio nonmetropolitan area (noncontiguous)?

The median annual salary for a Insurance Claims and Policy Processing Clerks in North Northeastern Ohio nonmetropolitan area (noncontiguous) is $47,380. This typically ranges from $37,170 for entry-level positions to $59,230 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 8.8% lower than the national median of $51,940.

Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a lucrative place for Insurance Claims and Policy Processing Clerks?

No, it is not particularly lucrative compared to the national average.The average salary of $47,380 is below the national average of $51,940, and the concentration of these jobs is also lower than the national benchmark.

Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Northeastern Ohio nonmetropolitan area (noncontiguous)?

Some top paying nearby cities include Mansfield, OH ($48,960) and Columbus, OH.

How does the local salary compare to the national average?

The average salary of $47,380 in this Ohio region is approximately 8.8% lower than the national average of $51,940 for Insurance Claims and Policy Processing Clerks.

What does a Location Quotient of 0.65 mean?

A Location Quotient of 0.65 signifies that there are fewer Insurance Claims and Policy Processing Clerk jobs per worker in this region compared to the national average, indicating a lower concentration of this profession.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the local salary of $47,380 has purchasing power equivalent to the national average, meaning expenses are neither significantly higher nor lower than the national norm.

Is there high demand for these roles in this area?

The demand appears moderate, with 0.969 jobs per 1,000 workers and a lower concentration (LQ of 0.65), suggesting a stable but not exceptionally high demand compared to national levels.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the North Northeastern Ohio nonmetropolitan area (noncontiguous) area with a job density of 0.969 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.