SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Southwest Maine nonmetropolitan area

The average salary for a Insurance Claims and Policy Processing Clerks in Southwest Maine nonmetropolitan area is $49,910. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $49,910 per year.
  • Growth Trend: Salaries have shifted 35.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,340.
  • Outlook: The current demand for Insurance Claims and Policy Processing Clerkss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Southwest Maine nonmetropolitan area economy.
2024 Market Data

Salary Overview

$49,910

The average Insurance Claims and Policy Processing Clerks in Southwest Maine nonmetropolitan area earns-3.9%below the national average.

BreakdownBased on 40h/week
Hourly

$24

Weekly

$960

Monthly

$4,159

Insurance Claims and Policy Processing Clerks Salary Distribution in Southwest Maine nonmetropolitan area

The earning potential for Insurance Claims and Policy Processing Clerkss in Southwest Maine 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 $36,940, while highly experienced professionals can command wages upwards of $59,340.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,940$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,433$18
ManagerOversees team, compliance, and project delivery.50% (Median)$48,030$23.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,388$30
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,340$28.5

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$49,910

Gross Pay

Real Wage (Purchasing Power)

$49,910

Adjusted for COL (100)

In Southwest Maine nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $49,910 to $49,910.

Job Market Context

130

Total Jobs

0.932

Per 1K Jobs

0.63

Location Quotient

Below Average

Southwest Maine nonmetropolitan area has 0.63x 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.

130 people work as Insurance Claims and Policy Processing Clerks in Southwest Maine nonmetropolitan area.

Only 0.932 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

Nearby Cities for Insurance Claims and Policy Processing Clerks

Comparing salaries near Southwest Maine nonmetropolitan area

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Southwest Maine nonmetropolitan area?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Southwest Maine nonmetropolitan area is $49,910. This typically ranges from $36,940 for entry-level positions to $59,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Maine nonmetropolitan area is 3.9% lower than the national median of $51,940.

Is Southwest Maine 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 Southwest Maine nonmetropolitan area is $49,910 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southwest Maine nonmetropolitan area. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Southwest Maine nonmetropolitan area?

Some top paying nearby cities include Bangor, ME ($50,760) and Lewiston-Auburn, ME.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Southwest Maine nonmetropolitan area area with a job density of 0.932 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.