Average Insurance Claims and Policy Processing Clerks Salary in Tulsa, OK
In Tulsa, OK, Insurance Claims and Policy Processing Clerks earn an average annual salary of $50,710. This figure is slightly below the national average of $51,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Tulsa market.
Executive Summary
- Average Salary: $50,710 per year.
- Growth Trend: Salaries have shifted 8.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,170.
- Outlook: With a total local workforce of 460 individuals in this role, Tulsa presents a moderate employment landscape for Insurance Claims and Policy Processing Clerks. The Location Quotient of 0.68 suggests that this profession is less concentrated in Tulsa compared to the national average, implying a stable but not exceptionally high demand.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Tulsa, OK earns-2.4%below the national average.
$24.4
$975
$4,226
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for Tulsa is not provided, it is generally assumed that salaries for Insurance Claims and Policy Processing Clerks nationwide have seen incremental growth over the past four years, driven by inflation, evolving industry demands, and the need to attract and retain skilled professionals in this essential administrative field.
Insurance Claims and Policy Processing Clerks Salary Distribution in Tulsa, OK
Career progression for Insurance Claims and Policy Processing Clerks typically involves a salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized knowledge can command salaries in the higher percentiles, reflecting a clear career trajectory and increased responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,510 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,033 | $18.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,950 | $24 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,388 | $30.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,170 | $29.4 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,710
Gross Pay
Real Wage (Purchasing Power)
$50,710
Adjusted for COL (100)
The average annual salary of $50,710 in Tulsa aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Insurance Claims and Policy Processing Clerk's salary in Tulsa is equivalent to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
460
Total Jobs
1.015
Per 1K Jobs
0.68
Location Quotient
Tulsa, OK has 0.68x 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.
A Location Quotient of 0.68 signifies that Insurance Claims and Policy Processing Clerk roles are less prevalent in Tulsa relative to the national distribution. This suggests that while opportunities exist, the market is not oversaturated, potentially offering a balanced environment for job seekers and employers alike, with moderate competition for available positions.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Northeast Oklahoma nonmetropolitan area Insurance Claims and Policy Processing Clerks Salary | $45,830↓ 10% | 69 mi |
| Fayetteville-Springdale-Rogers, AR Insurance Claims and Policy Processing Clerks Salary | $45,660↓ 10% | 97 mi |
Comparing salaries near Tulsa, OK
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Tulsa, OK?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Tulsa, OK is $50,710. This typically ranges from $35,510 for entry-level positions to $61,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tulsa, OK is 2.4% lower than the national median of $51,940.
Is Tulsa, OK a lucrative place for Insurance Claims and Policy Processing Clerks?
No, not exceptionally lucrative.While the average salary of $50,710 is stable relative to the national cost of living, it falls slightly below the national average salary for this role.
Is Tulsa, OK a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Tulsa, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tulsa, OK?
Some top paying nearby cities include Northeast Oklahoma nonmetropolitan area ($45,830) and Fayetteville-Springdale-Rogers, AR.
How does Tulsa's cost of living affect salary perception?
With a Cost of Living Index of 100, Tulsa's cost of living is exactly at the national average. This means the $50,710 salary offers standard purchasing power, neither significantly boosting nor diminishing its value compared to national norms.
What does a Location Quotient of 0.68 mean for job seekers?
A Location Quotient below 1.0, like 0.68, indicates that Insurance Claims and Policy Processing Clerk jobs are less concentrated in Tulsa than the national average. This suggests a steady but not booming job market for these roles.
How many Insurance Claims and Policy Processing Clerks are there in Tulsa?
Tulsa has a local workforce of approximately 460 Insurance Claims and Policy Processing Clerks, representing about 1.015 jobs per 1,000 workers in the area.
Is the salary for Insurance Claims and Policy Processing Clerks likely to increase in Tulsa?
While specific local trends aren't detailed, national trends suggest a general upward movement in salaries due to inflation and industry demands. However, local economic conditions and demand will ultimately dictate the pace of salary growth in Tulsa.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Tulsa, OK area with a job density of 1.015 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 Tulsa, OK