The annual salary statistics of insurance claims and policy processing clerks in Providence-Fall River-Warwick, Rhode Island is shown in Table 1. The wage statistics of insurance claims and policy processing clerks in Providence-Fall River-Warwick 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 | $39,620 |
| 25th Percentile Wage | $45,620 |
| 50th Percentile Wage | $49,620 |
| 75th Percentile Wage | $54,170 |
| 90th Percentile Wage | $62,280 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Providence-Fall River-Warwick, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,280. The median (50th percentile) annual salary is $49,620. The average annual salary for the bottom 10 percent earners is $39,620.
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 | $49,620 | 4.13% | 29.38% |
| 2021 | $47,570 | 9.35% | - |
| 2020 | $43,120 | -0.60% | - |
| 2019 | $43,380 | 2.33% | - |
| 2018 | $42,370 | 3.59% | - |
| 2017 | $40,850 | 2.06% | - |
| 2016 | $40,010 | -1.05% | - |
| 2015 | $40,430 | 0.69% | - |
| 2014 | $40,150 | 9.09% | - |
| 2013 | $36,500 | 4.00% | - |
| 2012 | $35,040 | - | - |
From Table 3 we note that with a median annual salary of $49,620, Providence-Fall River-Warwick is the highest paying city for insurance claims and policy processing clerks in state of Rhode Island, followed by Norwich-New London (median annual salary $46,810). In comparison, the median annual salary of insurance claims and policy processing clerks in Providence-Fall River-Warwick is 5.7 percent (5.7%) higher than that in Norwich-New London.
| Cities/Areas | Median Annual Salary |
|---|---|
| Providence-Fall River-Warwick | |
| Norwich-New London |