The annual salary statistics of insurance claims and policy processing clerks in Lexington-Fayette, Kentucky is shown in Table 1. The wage data of insurance claims and policy processing clerks in Lexington-Fayette 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 | $34,050 |
| 25th Percentile Wage | $37,370 |
| 50th Percentile Wage | $46,250 |
| 75th Percentile Wage | $52,940 |
| 90th Percentile Wage | $67,350 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $67,350. The median (50th percentile) annual salary is $46,250. The average annual salary for the bottom 10 percent earners is $34,050.
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 | $46,250 | 17.71% | 26.57% |
| 2021 | $38,060 | 0.53% | - |
| 2020 | $37,860 | 2.85% | - |
| 2019 | $36,780 | 3.21% | - |
| 2018 | $35,600 | 0.56% | - |
| 2017 | $35,400 | 2.37% | - |
| 2016 | $34,560 | 8.59% | - |
| 2015 | $31,590 | 16.52% | - |
| 2014 | $26,370 | -11.98% | - |
| 2013 | $29,530 | -15.00% | - |
| 2012 | $33,960 | - | - |
From Table 3 we note that with a median annual salary of $46,250, Lexington-Fayette is the second highest paying city for insurance claims and policy processing clerks in state of Kentucky, following the highest paying city Louisville-Jefferson County (median annual salary of $47,680). Compared with Louisville-Jefferson County, the median annual salary of insurance claims and policy processing clerks in Lexington-Fayette is 3.0 percent (3.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Lexington-Fayette | |
| Bowling Green | |
| West Kentucky nonmetropolitan area | |
| East Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area | |
| Evansville | |
| Owensboro | |
| Elizabethtown | |
| West Central Kentucky nonmetropolitan area |