The annual salary statistics of insurance claims and policy processing clerks in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of insurance claims and policy processing clerks in Indianapolis-Carmel 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 | $36,780 |
| 25th Percentile Wage | $39,380 |
| 50th Percentile Wage | $47,220 |
| 75th Percentile Wage | $52,830 |
| 90th Percentile Wage | $62,740 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,740. The median (50th percentile) annual salary is $47,220. The average annual salary for the bottom 10 percent earners is $36,780.
The table and chart below show the trend of the median salary of insurance claims and policy processing clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $47,220 | 1.23% | 14.21% |
| 2021 | $46,640 | 14.19% | - |
| 2020 | $40,020 | 0.42% | - |
| 2019 | $39,850 | 0.48% | - |
| 2018 | $39,660 | -0.05% | - |
| 2017 | $39,680 | 1.59% | - |
| 2016 | $39,050 | 3.15% | - |
| 2015 | $37,820 | -12.45% | - |
| 2014 | $42,530 | 3.03% | - |
| 2013 | $41,240 | 1.77% | - |
| 2012 | $40,510 | - | - |
From Table 3 we note that with a median annual salary of $47,220, Indianapolis-Carmel is the second highest paying city for insurance claims and policy processing clerks in state of Indiana, following the highest paying city Muncie (median annual salary of $52,000). Compared with Muncie, the median annual salary of insurance claims and policy processing clerks in Indianapolis-Carmel is 9.2 percent (9.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Muncie | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Bloomington | |
| Southern Indiana nonmetropolitan area | |
| Kokomo | |
| Terre Haute | |
| Fort Wayne | |
| Northern Indiana nonmetropolitan area | |
| Michigan City-La Porte | |
| Central Indiana nonmetropolitan area | |
| Gary | |
| Lafayette | |
| Elkhart-Goshen | |
| Columbus |