Average Insurance Claims and Policy Processing Clerks Salary in Waterbury-Shelton, CT
The average salary for a Insurance Claims and Policy Processing Clerks in Waterbury-Shelton, CT is $50,250. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $50,250 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,860.
- 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 Waterbury-Shelton, CT economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Waterbury-Shelton, CT earns-3.3%below the national average.
$24.2
$966
$4,188
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
Historical trend data for Insurance Claims and Policy Processing Clerks in Waterbury-Shelton, CT is limited, but current market signals indicate a stable demand environment.
Insurance Claims and Policy Processing Clerks Salary Distribution in Waterbury-Shelton, CT
The earning potential for Insurance Claims and Policy Processing Clerkss in Waterbury-Shelton, CT 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 $35,060, while highly experienced professionals can command wages upwards of $58,860.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,060 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,688 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,980 | $24.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,813 | $30.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,860 | $28.3 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,250
Gross Pay
Real Wage (Purchasing Power)
$50,250
Adjusted for COL (100)
In Waterbury-Shelton, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $50,250 to $50,250.
Job Market Context
130
Total Jobs
0.797
Per 1K Jobs
0.54
Location Quotient
Waterbury-Shelton, CT has 0.54x 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 Waterbury-Shelton, CT.
Only 0.797 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
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT Insurance Claims and Policy Processing Clerks Salary | $57,490↑ 14% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Insurance Claims and Policy Processing Clerks Salary | $60,910↑ 21% | 23 mi |
| Bridgeport-Stamford-Danbury, CT Insurance Claims and Policy Processing Clerks Salary | $63,300↑ 26% | 27 mi |
| Springfield, MA Insurance Claims and Policy Processing Clerks Salary | $53,470↑ 6% | 46 mi |
Comparing salaries near Waterbury-Shelton, CT
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Waterbury-Shelton, CT?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Waterbury-Shelton, CT is $50,250. This typically ranges from $35,060 for entry-level positions to $58,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterbury-Shelton, CT is 3.3% lower than the national median of $51,940.
Is Waterbury-Shelton, CT 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 Waterbury-Shelton, CT is $50,250 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waterbury-Shelton, CT. See distinct detailed breakdown below.
Is Waterbury-Shelton, CT a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterbury-Shelton, CT?
Some top paying nearby cities include New Haven, CT ($57,490) and Hartford-West Hartford-East Hartford, CT.
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 Waterbury-Shelton, CT area with a job density of 0.797 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 Waterbury-Shelton, CT
- All Occupations Salary in Waterbury-Shelton, CT
- Office and Administrative Support Occupations Salary in Waterbury-Shelton, CT
- Transportation and Material Moving Occupations Salary in Waterbury-Shelton, CT
- Food Preparation and Serving Related Occupations Salary in Waterbury-Shelton, CT
- Management Occupations Salary in Waterbury-Shelton, CT
- Sales and Related Occupations Salary in Waterbury-Shelton, CT
- Production Occupations Salary in Waterbury-Shelton, CT
- Educational Instruction and Library Occupations Salary in Waterbury-Shelton, CT
- Healthcare Practitioners and Technical Occupations Salary in Waterbury-Shelton, CT
- Healthcare Support Occupations Salary in Waterbury-Shelton, CT
- Browse All Jobs in Waterbury-Shelton, CT →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Waterbury-Shelton, CT