In the Tampa-St. Petersburg-Clearwater, FL metropolitan area, Insurance Claims and Policy Processing Clerks earn an average annual salary of $51,570. This figure is remarkably close to the national average of $51,940, indicating a stable and competitive compensation landscape. Local market dynamics, including industry demand and the concentration of related businesses, play a significant role in aligning these salaries with national benchmarks.
Executive Summary
- Average Salary: $51,570 per year.
- Growth Trend: Salaries have shifted 26.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,830.
- Outlook: The Tampa-St. Petersburg-Clearwater area boasts a substantial local workforce of 3,920 Insurance Claims and Policy Processing Clerks. With a Location Quotient of 1.83, this region shows a significantly higher concentration of these roles compared to the national average, suggesting robust demand and a thriving job market for these professionals. The presence of 2.718 jobs per 1,000 workers further underscores the strong employment opportunities available.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Tampa-St. Petersburg-Clearwater, FL earns-0.7%below the national average.
$24.8
$992
$4,298
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for this role in Tampa is not provided, it is reasonable to assume that salaries for Insurance Claims and Policy Processing Clerks have seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for insurance services, and evolving industry needs typically drive upward salary adjustments, ensuring that compensation remains competitive and reflects the value of these essential administrative roles.
Insurance Claims and Policy Processing Clerks Salary Distribution in Tampa-St. Petersburg-Clearwater, FL
Career progression for Insurance Claims and Policy Processing Clerks typically involves a significant salary increase from entry-level to senior positions. While entry-level roles might start closer to the lower percentiles, experienced professionals with specialized skills or supervisory responsibilities can command salaries in the higher percentiles. These percentile gaps are indicative of the career ladder within this field, rewarding accumulated knowledge, efficiency, and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,700 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,678 | $18.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,500 | $22.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,463 | $31 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,830 | $33.1 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,570
Gross Pay
Real Wage (Purchasing Power)
$51,570
Adjusted for COL (100)
The average annual salary of $51,570 in Tampa-St. Petersburg-Clearwater, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Claims and Policy Processing Clerk's salary in this region is equivalent to the national average. Consequently, relocating to this area does not present a significant financial advantage or disadvantage in terms of cost of living relative to income.
Job Market Context
3,920
Total Jobs
2.718
Per 1K Jobs
1.83
Location Quotient
Tampa-St. Petersburg-Clearwater, FL has 1.8x the national concentration of Insurance Claims and Policy Processing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.83 for Insurance Claims and Policy Processing Clerks in Tampa-St. Petersburg-Clearwater signifies a market that is 83% more concentrated than the national average. This indicates a strong and specialized demand for these roles within the region, suggesting that the job market is not only competitive but also offers abundant opportunities for skilled professionals in this sector.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Lakeland-Winter Haven, FL Insurance Claims and Policy Processing Clerks Salary | $48,720↓ 6% | 32 mi |
| North Florida nonmetropolitan area Insurance Claims and Policy Processing Clerks Salary | $45,960↓ 11% | 49 mi |
| South Florida nonmetropolitan area Insurance Claims and Policy Processing Clerks Salary | $52,900↑ 3% | 49 mi |
Comparing salaries near Tampa-St. Petersburg-Clearwater, FL
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Tampa-St. Petersburg-Clearwater, FL?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Tampa-St. Petersburg-Clearwater, FL is $51,570. This typically ranges from $37,700 for entry-level positions to $68,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tampa-St. Petersburg-Clearwater, FL is 0.7% lower than the national median of $51,940.
Is Tampa-St. Petersburg-Clearwater, FL a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, it offers competitive compensation.The average salary is nearly on par with the national average, and the high concentration of these roles suggests strong demand and ample job opportunities.
Is Tampa-St. Petersburg-Clearwater, FL a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Tampa-St. Petersburg-Clearwater, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tampa-St. Petersburg-Clearwater, FL?
Some top paying nearby cities include Lakeland-Winter Haven, FL ($48,720) and North Florida nonmetropolitan area.
How does the Tampa insurance clerk salary compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Tampa-St. Petersburg-Clearwater, FL, is $51,570, which is very close to the national average of $51,940.
What is the job concentration for insurance clerks in Tampa?
The job concentration, measured by the Location Quotient, is 1.83, indicating that this role is significantly more prevalent in Tampa-St. Petersburg-Clearwater, FL, than the national average.
Does the cost of living affect the value of an insurance clerk's salary in Tampa?
No, the cost of living in Tampa-St. Petersburg-Clearwater, FL, is at the national average (100), meaning the $51,570 salary has the same purchasing power as the national average salary.
Are there many insurance clerk jobs in Tampa?
Yes, with 3,920 local workers in this role and 2.718 jobs per 1,000 workers, the Tampa-St. Petersburg-Clearwater, FL, area shows a substantial presence and demand for these positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,920 employees in the Tampa-St. Petersburg-Clearwater, FL area with a job density of 2.718 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 Tampa-St. Petersburg-Clearwater, FL
- All Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Office and Administrative Support Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Sales and Related Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Food Preparation and Serving Related Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Business and Financial Operations Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Transportation and Material Moving Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Management Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Healthcare Practitioners and Technical Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Construction and Extraction Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Educational Instruction and Library Occupations Salary in Tampa-St. Petersburg-Clearwater, FL
- Browse All Jobs in Tampa-St. Petersburg-Clearwater, FL →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Tampa-St. Petersburg-Clearwater, FL