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Average Insurance Claims and Policy Processing Clerks Salary in North Region of Texas nonmetropolitan area

The average salary for a Insurance Claims and Policy Processing Clerks in North Region of Texas nonmetropolitan area is $47,940. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $47,940 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,100.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader North Region of Texas nonmetropolitan area economy.
2024 Market Data

Salary Overview

$47,940

The average Insurance Claims and Policy Processing Clerks in North Region of Texas nonmetropolitan area earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$922

Monthly

$3,995

Insurance Claims and Policy Processing Clerks Salary Distribution in North Region of Texas nonmetropolitan area

The earning potential for Insurance Claims and Policy Processing Clerkss in North Region of Texas nonmetropolitan area 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 $35,640, while highly experienced professionals can command wages upwards of $73,100.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,640$17.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,955$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$47,650$22.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,925$28.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,100$35.1

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,940

Gross Pay

Real Wage (Purchasing Power)

$47,940

Adjusted for COL (100)

In North Region of Texas nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $47,940 to $47,940.

Job Market Context

170

Total Jobs

0.629

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, North Region of Texas nonmetropolitan area has a notably lower concentration of Insurance Claims and Policy Processing Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

170 people work as Insurance Claims and Policy Processing Clerks in North Region of Texas nonmetropolitan area.

Only 0.629 out of every 1,000 local jobs are Insurance Claims and Policy Processing Clerks roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Insurance Claims and Policy Processing Clerks

Comparing salaries near North Region of Texas nonmetropolitan area

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in North Region of Texas nonmetropolitan area?

The median annual salary for a Insurance Claims and Policy Processing Clerks in North Region of Texas nonmetropolitan area is $47,940. This typically ranges from $35,640 for entry-level positions to $73,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Region of Texas nonmetropolitan area is 7.7% lower than the national median of $51,940.

Is North Region of Texas nonmetropolitan area 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 North Region of Texas nonmetropolitan area is $47,940 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of North Region of Texas nonmetropolitan area. See distinct detailed breakdown below.

Is North Region of Texas nonmetropolitan area a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($43,780) and Waco, TX.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the North Region of Texas nonmetropolitan area area with a job density of 0.629 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.