Average Insurance Claims and Policy Processing Clerks Salary in Texas
Insurance Claims and Policy Processing Clerks in Texas earn an impressive average annual salary of $53,810, surpassing the national average of $51,940. This higher compensation in Texas can be attributed to a combination of factors, including the state's robust insurance industry and the specific demand dynamics within its labor market.
Executive Summary
- Average Salary: $53,810 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,810.
- Outlook: With a substantial local workforce of 28,160 individuals and a Location Quotient of 1.37, Texas demonstrates a significant concentration of Insurance Claims and Policy Processing Clerks compared to the national average. This indicates a strong and established demand for these roles within the state, suggesting a robust job market for professionals in this field.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Texas earns+3.6%above the national average.
$25.9
$1,035
$4,484
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Insurance Claims and Policy Processing Clerks in Texas have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing insurance needs, evolving regulatory landscapes, and the general economic expansion within the state.
Insurance Claims and Policy Processing Clerks Salary Distribution in Texas
Salary progression for Insurance Claims and Policy Processing Clerks in Texas typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,320 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,358 | $19.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,090 | $23.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $67,263 | $32.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $79,810 | $38.4 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$53,810
Gross Pay
Real Wage (Purchasing Power)
$57,860
Adjusted for COL (93)
The average annual salary of $53,810 in Texas presents a favorable financial standing when considering the local Cost of Living Index of 93. This index, being slightly below the national average of 100, suggests that the nominal salary offers a good purchasing power, allowing for a comfortable lifestyle relative to the rest of the country.
Job Market Context
28,160
Total Jobs
2.033
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Texas has a slightly higher-than-average concentration of Insurance Claims and Policy Processing Clerks roles compared to the national norm.
A Location Quotient of 1.37 signifies that Insurance Claims and Policy Processing Clerks are more concentrated in Texas than the national average. This suggests a more abundant supply of these professionals relative to other occupations within the state, potentially indicating a competitive job market for employers seeking talent, while also offering ample opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Insurance Claims and Policy Processing Clerks Salary | $43,780↓ 19% | 10 mi |
| Waco, TX Insurance Claims and Policy Processing Clerks Salary | $55,140↑ 2% | 41 mi |
| Austin-Round Rock-San Marcos, TX Insurance Claims and Policy Processing Clerks Salary | $54,960↑ 2% | 53 mi |
Comparing salaries near Texas
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Texas?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Texas is $53,810. This typically ranges from $35,320 for entry-level positions to $79,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texas is 3.6% higher than the national median of $51,940.
Is Texas a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, Texas offers a lucrative environment for Insurance Claims and Policy Processing Clerks.The average salary of $53,810 exceeds the national average, and the cost of living is slightly below the national benchmark, enhancing purchasing power.
Is Texas a good place to live for Insurance Claims and Policy Processing Clerks?
With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Texas?
Some top paying nearby cities include Killeen-Temple, TX ($43,780) and Waco, TX.
How does the Texas salary compare to the national average?
The average annual salary for Insurance Claims and Policy Processing Clerks in Texas is $53,810, which is higher than the national average of $51,940.
What is the concentration of these roles in Texas?
Texas has a higher concentration of Insurance Claims and Policy Processing Clerks than the national average, as indicated by a Location Quotient of 1.37.
How does the cost of living in Texas affect the salary?
With a Cost of Living Index of 93 (below the national average of 100), the $53,810 salary in Texas offers strong purchasing power.
What is the total workforce for this role in Texas?
There are approximately 28,160 Insurance Claims and Policy Processing Clerks employed in Texas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 28,160 employees in the Texas area with a job density of 2.033 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 Texas