The annual salary statistics of insurance claims and policy processing clerks in Florence-Muscle Shoals, Alabama is shown in Table 1. The wage statistics of insurance claims and policy processing clerks in Florence-Muscle Shoals is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $26,670 |
| 25th Percentile Wage | $29,840 |
| 50th Percentile Wage | $37,820 |
| 75th Percentile Wage | $48,130 |
| 90th Percentile Wage | $48,130 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Florence-Muscle Shoals, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $48,130. The median (50th percentile) annual salary is $37,820. The average annual salary for the bottom 10 percent earners is $26,670.
The table and chart below show the trend of the median salary of insurance claims and policy processing clerks from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $37,820 | 15.76% | 22.08% |
| 2020 | $31,860 | 3.48% | - |
| 2019 | $30,750 | 6.05% | - |
| 2018 | $28,890 | 9.52% | - |
| 2017 | $26,140 | -1.45% | - |
| 2013 | $26,520 | -11.12% | - |
| 2012 | $29,470 | - | - |
From Table 3 we note that with a median annual salary of $37,820, Florence-Muscle Shoals is the second highest paying city for insurance claims and policy processing clerks in state of Alabama, following the highest paying city Anniston-Oxford (median annual salary of $38,690). Compared with Anniston-Oxford, the median annual salary of insurance claims and policy processing clerks in Florence-Muscle Shoals is 2.2 percent (2.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Anniston-Oxford | |
| Florence-Muscle Shoals | |
| Tuscaloosa | |
| Birmingham-Hoover | |
| Huntsville | |
| Decatur | |
| Montgomery | |
| Northwest Alabama nonmetropolitan area | |
| Auburn-Opelika | |
| Mobile | |
| Dothan | |
| Northeast Alabama nonmetropolitan area | |
| Southwest Alabama nonmetropolitan area | |
| Daphne-Fairhope-Foley | |
| Gadsden | |
| Southeast Alabama nonmetropolitan area |