Average Insurance Claims and Policy Processing Clerks Salary in Sacramento-Roseville-Folsom, CA
Insurance Claims and Policy Processing Clerks in the Sacramento-Roseville-Folsom, CA area earn an average annual salary of $57,650. This figure notably surpasses the national average of $51,940, indicating a localized premium for these roles. The higher compensation is likely influenced by a combination of regional economic factors and the specific demand within the Sacramento metropolitan area.
Executive Summary
- Average Salary: $57,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,370.
- Outlook: The Sacramento-Roseville-Folsom, CA area demonstrates a robust job market for Insurance Claims and Policy Processing Clerks, with a total local workforce of 2,180 individuals in this occupation. The Location Quotient of 1.38 signifies a higher concentration of these jobs compared to the national average, suggesting a strong and potentially growing demand for skilled professionals in this sector within the region.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Sacramento-Roseville-Folsom, CA earns+11.0%above the national average.
$27.7
$1,109
$4,804
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for this role in Sacramento is not provided, it is reasonable to assume a positive salary growth trend over the past four years, mirroring national trends in the insurance industry. Factors such as increasing policy complexity, evolving regulatory landscapes, and a growing need for efficient claims processing likely contribute to upward pressure on compensation for these essential roles.
Insurance Claims and Policy Processing Clerks Salary Distribution in Sacramento-Roseville-Folsom, CA
Career progression for Insurance Claims and Policy Processing Clerks typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive knowledge of complex claims, policy nuances, and regulatory compliance can command salaries well above the average. The percentile gaps in salary distribution clearly signify opportunities for substantial career and financial advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,520 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,238 | $20.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,850 | $24.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $72,063 | $34.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $76,370 | $36.7 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$57,650
Gross Pay
Real Wage (Purchasing Power)
$57,650
Adjusted for COL (100)
The average annual salary of $57,650 in Sacramento-Roseville-Folsom, CA aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by an Insurance Claims and Policy Processing Clerk in this region offers purchasing power equivalent to the national average. While not offering a significant cost-of-living advantage, the salary is sufficient to maintain a comparable standard of living to the rest of the country.
Job Market Context
2,180
Total Jobs
2.049
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Sacramento-Roseville-Folsom, CA has a slightly higher-than-average concentration of Insurance Claims and Policy Processing Clerks roles compared to the national norm.
With a Location Quotient of 1.38, the Sacramento-Roseville-Folsom, CA metropolitan area exhibits a notable concentration of Insurance Claims and Policy Processing Clerk positions relative to the national average. This suggests that the job market is more abundant in these roles compared to many other regions, potentially indicating a competitive environment for job seekers but also a healthy demand from employers seeking specialized talent.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Stockton-Lodi, CA Insurance Claims and Policy Processing Clerks Salary | $53,410↓ 7% | 42 mi |
| Napa, CA Insurance Claims and Policy Processing Clerks Salary | $54,960↓ 5% | 49 mi |
| Vallejo, CA Insurance Claims and Policy Processing Clerks Salary | $55,670↓ 3% | 52 mi |
| Santa Rosa-Petaluma, CA Insurance Claims and Policy Processing Clerks Salary | $61,300↑ 6% | 67 mi |
Comparing salaries near Sacramento-Roseville-Folsom, CA
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Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Sacramento-Roseville-Folsom, CA?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Sacramento-Roseville-Folsom, CA is $57,650. This typically ranges from $40,520 for entry-level positions to $76,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sacramento-Roseville-Folsom, CA is 11.0% higher than the national median of $51,940.
Is Sacramento-Roseville-Folsom, CA a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, it offers above-average compensation.The average salary of $57,650 is higher than the national average, and the cost of living is on par with the national average, making it a financially favorable location.
Is Sacramento-Roseville-Folsom, CA a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Sacramento-Roseville-Folsom, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sacramento-Roseville-Folsom, CA?
Some top paying nearby cities include Stockton-Lodi, CA ($53,410) and Napa, CA.
How does the Sacramento salary compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Sacramento-Roseville-Folsom, CA is $57,650, which is $5,710 higher than the national average of $51,940.
What is the concentration of Insurance Claims and Policy Processing Clerks in Sacramento?
The Location Quotient of 1.38 indicates that there is a 38% higher concentration of these jobs in Sacramento-Roseville-Folsom, CA compared to the national average.
Does the cost of living affect the value of the Sacramento salary?
No, the cost of living in Sacramento is exactly at the national average (100), meaning the $57,650 salary has the same purchasing power as the national average salary.
How many Insurance Claims and Policy Processing Clerks work in Sacramento?
There are approximately 2,180 Insurance Claims and Policy Processing Clerks employed within the Sacramento-Roseville-Folsom, CA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,180 employees in the Sacramento-Roseville-Folsom, CA area with a job density of 2.049 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Sacramento-Roseville-Folsom, CA