The annual salary statistics of insurance claims and policy processing clerks in Baltimore-Towson, Maryland is shown in Table 1. The wage information of insurance claims and policy processing clerks in Baltimore-Towson 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 | $39,190 |
| 25th Percentile Wage | $41,260 |
| 50th Percentile Wage | $49,230 |
| 75th Percentile Wage | $62,900 |
| 90th Percentile Wage | $75,080 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Baltimore-Towson, Maryland in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $75,080. The median (50th percentile) annual salary is $49,230. The average annual salary for the bottom 10 percent earners is $39,190.
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 | $49,230 | 1.24% | 20.07% |
| 2021 | $48,620 | 2.04% | - |
| 2020 | $47,630 | 3.78% | - |
| 2019 | $45,830 | 0.31% | - |
| 2018 | $45,690 | -0.79% | - |
| 2017 | $46,050 | 2.80% | - |
| 2016 | $44,760 | 7.98% | - |
| 2015 | $41,190 | 1.53% | - |
| 2014 | $40,560 | 0.62% | - |
| 2013 | $40,310 | 2.38% | - |
| 2012 | $39,350 | - | - |
From Table 3 we note that with a median annual salary of $49,230, Baltimore-Towson is the second highest paying city for insurance claims and policy processing clerks in state of Maryland, following the highest paying city Upper Eastern Shore nonmetropolitan area (median annual salary of $51,990). Compared with Upper Eastern Shore nonmetropolitan area, the median annual salary of insurance claims and policy processing clerks in Baltimore-Towson is 5.3 percent (5.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Upper Eastern Shore nonmetropolitan area | |
| Baltimore-Towson | |
| Bethesda-Rockville-Frederick | |
| Salisbury | |
| Maryland nonmetropolitan area |