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Average Insurance Claims and Policy Processing Clerks Salary in Upper Peninsula of Michigan nonmetropolitan area

The average salary for a Insurance Claims and Policy Processing Clerks in Upper Peninsula of Michigan nonmetropolitan area is $47,960. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $47,960 per year.
  • Growth Trend: Salaries have shifted 27.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,460.
  • 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 Upper Peninsula of Michigan nonmetropolitan area economy.
2024 Market Data

Salary Overview

$47,960

The average Insurance Claims and Policy Processing Clerks in Upper Peninsula of Michigan nonmetropolitan area earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$922

Monthly

$3,997

Insurance Claims and Policy Processing Clerks Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

The earning potential for Insurance Claims and Policy Processing Clerkss in Upper Peninsula of Michigan 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 $37,010, while highly experienced professionals can command wages upwards of $58,460.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,010$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,970$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$45,720$22
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,950$28.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,460$28.1

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,960

Gross Pay

Real Wage (Purchasing Power)

$47,960

Adjusted for COL (100)

In Upper Peninsula of Michigan nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $47,960 to $47,960.

Job Market Context

40

Total Jobs

0.327

Per 1K Jobs

0.22

Location Quotient

Low Concentration

At 0.22x, Upper Peninsula of Michigan 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 Upper Peninsula of Michigan nonmetropolitan area.

Only 0.327 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 Upper Peninsula of Michigan nonmetropolitan area

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Upper Peninsula of Michigan nonmetropolitan area is $47,960. This typically ranges from $37,010 for entry-level positions to $58,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 7.7% lower than the national median of $51,940.

Is Upper Peninsula of Michigan 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 Upper Peninsula of Michigan nonmetropolitan area is $47,960 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Upper Peninsula of Michigan nonmetropolitan area. See distinct detailed breakdown below.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Insurance Claims and Policy Processing Clerks?

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

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Saginaw, MI ($45,110) and Lansing-East Lansing, MI.

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 Upper Peninsula of Michigan nonmetropolitan area area with a job density of 0.327 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.