Average Insurance Claims and Policy Processing Clerks Salary in Ohio
Insurance Claims and Policy Processing Clerks in Ohio earn an average annual salary of $51,970, a figure that closely mirrors the national average of $51,940. This near parity suggests that while Ohio's specific market dynamics are influential, broader national trends in compensation for this role are also at play. Factors such as the state's economic landscape and the demand for insurance services contribute to this compensation benchmark.
Executive Summary
- Average Salary: $51,970 per year.
- Growth Trend: Salaries have shifted 22.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,600.
- Outlook: Ohio boasts a substantial workforce of 11,680 Insurance Claims and Policy Processing Clerks, indicating a significant presence in the state's employment sector. With a Location Quotient of 1.42, this role is notably more concentrated in Ohio than the national average, signaling robust demand and a potentially thriving job market for these professionals within the state.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Ohio earns+0.1%above the national average.
$25
$999
$4,331
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Insurance Claims and Policy Processing Clerks in Ohio have experienced a steady upward trend over the past four years, aligning with general economic growth and inflation. This growth is likely driven by increasing demand for insurance services and the need for skilled administrative support within the industry.
Insurance Claims and Policy Processing Clerks Salary Distribution in Ohio
Career progression for Insurance Claims and Policy Processing Clerks in Ohio typically involves salary increases commensurate with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and tenure within the insurance sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,590 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,978 | $18.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,910 | $23 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,963 | $31.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $67,600 | $32.5 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,970
Gross Pay
Real Wage (Purchasing Power)
$57,236
Adjusted for COL (90.8)
The nominal average annual salary of $51,970 in Ohio presents a favorable financial outlook when considered against the state's Cost of Living Index of 90.8. This index, which is below the national average of 100, suggests that the purchasing power of an Ohio-based salary is likely greater than the national average, allowing for a comfortable standard of living.
Job Market Context
11,680
Total Jobs
2.113
Per 1K Jobs
1.42
Location Quotient
With a location quotient of 1.42, Ohio has a slightly higher-than-average concentration of Insurance Claims and Policy Processing Clerks roles compared to the national norm.
Ohio's Location Quotient of 1.42 for Insurance Claims and Policy Processing Clerks indicates a market that is 42% more concentrated than the national average. This suggests a strong and potentially competitive job market where employers actively seek these specialized roles, offering ample opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Insurance Claims and Policy Processing Clerks Salary | $48,960↓ 6% | 29 mi |
| Columbus, OH Insurance Claims and Policy Processing Clerks Salary | $53,610↑ 3% | 32 mi |
| Lima, OH Insurance Claims and Policy Processing Clerks Salary | $49,680↓ 4% | 75 mi |
Comparing salaries near Ohio
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Ohio?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Ohio is $51,970. This typically ranges from $38,590 for entry-level positions to $67,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ohio is 0.1% higher than the national median of $51,940.
Is Ohio a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, Ohio offers a competitive environment for these roles.The average salary is on par with the national average, and the lower cost of living enhances purchasing power. Furthermore, a high location quotient indicates strong demand.
Is Ohio a good place to live for Insurance Claims and Policy Processing Clerks?
With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Ohio?
Some top paying nearby cities include Mansfield, OH ($48,960) and Columbus, OH.
How does Ohio's salary compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Ohio is $51,970, which is virtually identical to the national average of $51,940.
What is the cost of living in Ohio compared to the national average?
Ohio has a Cost of Living Index of 90.8, which is below the national average of 100, indicating that everyday expenses are generally more affordable in Ohio.
Is there high demand for Insurance Claims and Policy Processing Clerks in Ohio?
Yes, the Location Quotient of 1.42 suggests that this profession is more concentrated in Ohio than the national average, indicating a higher demand relative to other states.
How many Insurance Claims and Policy Processing Clerks work in Ohio?
There are approximately 11,680 Insurance Claims and Policy Processing Clerks employed in Ohio, representing a significant segment of the state's workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,680 employees in the Ohio area with a job density of 2.113 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Claims and Policy Processing Clerks Salaries by State
Top Jobs in Ohio
- All Occupations Salary in Ohio
- Office and Administrative Support Occupations Salary in Ohio
- Transportation and Material Moving Occupations Salary in Ohio
- Food Preparation and Serving Related Occupations Salary in Ohio
- Production Occupations Salary in Ohio
- Sales and Related Occupations Salary in Ohio
- Healthcare Practitioners and Technical Occupations Salary in Ohio
- Management Occupations Salary in Ohio
- Business and Financial Operations Occupations Salary in Ohio
- Educational Instruction and Library Occupations Salary in Ohio
- Browse All Jobs in Ohio →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Ohio