The annual salary statistics of insurance claims and policy processing clerks in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage information of insurance claims and policy processing clerks in Detroit-Warren-Livonia 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 | $31,200 |
| 25th Percentile Wage | $39,140 |
| 50th Percentile Wage | $48,320 |
| 75th Percentile Wage | $54,060 |
| 90th Percentile Wage | $62,220 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,220. The median (50th percentile) annual salary is $48,320. The average annual salary for the bottom 10 percent earners is $31,200.
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 | $48,320 | 1.63% | 24.69% |
| 2021 | $47,530 | 9.40% | - |
| 2020 | $43,060 | 2.02% | - |
| 2019 | $42,190 | 6.52% | - |
| 2018 | $39,440 | 1.88% | - |
| 2017 | $38,700 | -3.44% | - |
| 2016 | $40,030 | 4.42% | - |
| 2015 | $38,260 | 9.98% | - |
| 2014 | $34,440 | 3.22% | - |
| 2013 | $33,330 | -9.18% | - |
| 2012 | $36,390 | - | - |
From Table 3 we note that with a median annual salary of $48,320, Detroit-Warren-Livonia is the highest paying city for insurance claims and policy processing clerks in state of Michigan, followed by Northeast Lower Peninsula of Michigan nonmetropolitan area (median annual salary $47,510). In comparison, the median annual salary of insurance claims and policy processing clerks in Detroit-Warren-Livonia is 1.7 percent (1.7%) higher than that in Northeast Lower Peninsula of Michigan nonmetropolitan area.