SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Reading, PA

The average salary for a Insurance Claims and Policy Processing Clerks in Reading, PA is $48,120. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $48,120 per year.
  • Growth Trend: Salaries have shifted 2.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,130.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Reading, PA economy.
2024 Market Data

Salary Overview

$48,120

The average Insurance Claims and Policy Processing Clerks in Reading, PA earns-7.4%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$925

Monthly

$4,010

Insurance Claims and Policy Processing Clerks Salary Distribution in Reading, PA

The earning potential for Insurance Claims and Policy Processing Clerkss in Reading, PA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $21,100, while highly experienced professionals can command wages upwards of $64,130.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$21,100$10.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,090$17.4
ManagerOversees team, compliance, and project delivery.50% (Median)$51,290$24.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,150$28.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,130$30.8

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$48,120

Gross Pay

Real Wage (Purchasing Power)

$48,120

Adjusted for COL (100)

In Reading, PA, the Cost of Living Index is 100. This increases your effective purchasing power from $48,120 to $48,120.

Job Market Context

110

Total Jobs

0.67

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Reading, PA 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.

110 people work as Insurance Claims and Policy Processing Clerks in Reading, PA.

Only 0.67 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

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Reading, PA?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Reading, PA is $48,120. This typically ranges from $21,100 for entry-level positions to $64,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 7.4% lower than the national median of $51,940.

Is Reading, PA 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 Reading, PA is $48,120 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Reading, PA. See distinct detailed breakdown below.

Is Reading, PA a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Lancaster, PA ($41,230) and Allentown-Bethlehem-Easton, PA-NJ.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Reading, PA area with a job density of 0.67 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.