The annual salary statistics of insurance claims and policy processing clerks in Norwich-New London, Rhode Island is shown in Table 1. The wage statistics of insurance claims and policy processing clerks in Norwich-New London 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 | $28,680 |
| 25th Percentile Wage | $38,780 |
| 50th Percentile Wage | $46,810 |
| 75th Percentile Wage | $52,760 |
| 90th Percentile Wage | $60,360 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $60,360. The median (50th percentile) annual salary is $46,810. The average annual salary for the bottom 10 percent earners is $28,680.
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 | $46,810 | 0.68% | 12.45% |
| 2021 | $46,490 | 18.69% | - |
| 2016 | $37,800 | 3.10% | - |
| 2015 | $36,630 | 2.38% | - |
| 2014 | $35,760 | 26.26% | - |
| 2013 | $26,370 | -55.40% | - |
| 2012 | $40,980 | - | - |
From Table 3 we note that with a median annual salary of $46,810, Norwich-New London is the second highest paying city for insurance claims and policy processing clerks in state of Rhode Island, following the highest paying city Providence-Fall River-Warwick (median annual salary of $49,620). Compared with Providence-Fall River-Warwick, the median annual salary of insurance claims and policy processing clerks in Norwich-New London is 5.7 percent (5.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Providence-Fall River-Warwick | |
| Norwich-New London |