SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Northern Vermont nonmetropolitan area

The average salary for a Insurance Claims and Policy Processing Clerks in Northern Vermont nonmetropolitan area is $50,950. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $50,950 per year.
  • Growth Trend: Salaries have shifted 11.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,270.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Northern Vermont nonmetropolitan area economy.
2024 Market Data

Salary Overview

$50,950

The average Insurance Claims and Policy Processing Clerks in Northern Vermont nonmetropolitan area earns-1.9%below the national average.

BreakdownBased on 40h/week
Hourly

$24.5

Weekly

$980

Monthly

$4,246

Insurance Claims and Policy Processing Clerks Salary Distribution in Northern Vermont nonmetropolitan area

The earning potential for Insurance Claims and Policy Processing Clerkss in Northern Vermont 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 $40,580, while highly experienced professionals can command wages upwards of $61,270.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,580$19.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,213$18.4
ManagerOversees team, compliance, and project delivery.50% (Median)$51,200$24.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,688$30.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,270$29.5

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$50,950

Gross Pay

Real Wage (Purchasing Power)

$50,950

Adjusted for COL (100)

In Northern Vermont nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $50,950 to $50,950.

Job Market Context

120

Total Jobs

1.313

Per 1K Jobs

0.88

Location Quotient

Below Average

Northern Vermont nonmetropolitan area has 0.88x 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.

120 people work as Insurance Claims and Policy Processing Clerks in Northern Vermont nonmetropolitan area.

1.313 out of every 1,000 local jobs are Insurance Claims and Policy Processing Clerks positions — a typical concentration.

Nearby Job Markets

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Northern Vermont nonmetropolitan area?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Northern Vermont nonmetropolitan area is $50,950. This typically ranges from $40,580 for entry-level positions to $61,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern Vermont nonmetropolitan area is 1.9% lower than the national median of $51,940.

Is Northern Vermont 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 Northern Vermont nonmetropolitan area is $50,950 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northern Vermont nonmetropolitan area. See distinct detailed breakdown below.

Is Northern Vermont nonmetropolitan area a good place to live for Insurance Claims and Policy Processing Clerks?

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

Where are the highest paying cities near Northern Vermont nonmetropolitan area?

Some top paying nearby cities include Burlington-South Burlington, VT ($54,360) and Glens Falls, NY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Northern Vermont nonmetropolitan area area with a job density of 1.313 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.