SalaryNode

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

The average salary for a Insurance Claims and Policy Processing Clerks in Southern Vermont nonmetropolitan area is $51,840. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $51,840 per year.
  • Growth Trend: Salaries have shifted 23.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,200.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Southern Vermont nonmetropolitan area economy.
2024 Market Data

Salary Overview

$51,840

The average Insurance Claims and Policy Processing Clerks in Southern Vermont nonmetropolitan area earns-0.2%below the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$997

Monthly

$4,320

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

The earning potential for Insurance Claims and Policy Processing Clerkss in Southern 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 $39,350, while highly experienced professionals can command wages upwards of $60,200.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,350$18.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,880$18.7
ManagerOversees team, compliance, and project delivery.50% (Median)$48,060$23.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,800$31.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,200$28.9

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$51,840

Gross Pay

Real Wage (Purchasing Power)

$51,840

Adjusted for COL (100)

In Southern Vermont nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $51,840 to $51,840.

Job Market Context

40

Total Jobs

0.475

Per 1K Jobs

0.32

Location Quotient

Low Concentration

At 0.32x, Southern Vermont 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.

40 people work as Insurance Claims and Policy Processing Clerks in Southern Vermont nonmetropolitan area.

Only 0.475 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 Southern Vermont nonmetropolitan area?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Southern Vermont nonmetropolitan area is $51,840. This typically ranges from $39,350 for entry-level positions to $60,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Vermont nonmetropolitan area is 0.2% lower than the national median of $51,940.

Is Southern 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 Southern Vermont nonmetropolitan area is $51,840 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southern Vermont nonmetropolitan area. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Southern 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 40 employees in the Southern Vermont nonmetropolitan area area with a job density of 0.475 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.