National » Insurance Claims and Policy Processing Clerks » Sioux Falls, SD

Insurance Claims and Policy Processing Clerk Salary in Sioux Falls, South Dakota

The annual salary statistics of insurance claims and policy processing clerks in Sioux Falls, South Dakota is shown in Table 1. The wage information of insurance claims and policy processing clerks in Sioux Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Annual Salary of Insurance Claims and Policy Processing Clerks in Sioux Falls, South Dakota

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$31,390
25th Percentile Wage	$36,250
50th Percentile Wage	$39,580
75th Percentile Wage	$46,170
90th Percentile Wage	$47,650

Table 1 shows the average annual salary for insurance claims and policy processing clerks in Sioux Falls, South Dakota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $47,650. The median (50th percentile) annual salary is $39,580. The average annual salary for the bottom 10 percent earners is $31,390.

Median salary trend (2012 to 2022)

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	$39,580	4.65%	28.47%
2021	$37,740	-1.64%	-
2020	$38,360	18.04%	-
2019	$31,440	-2.13%	-
2018	$32,110	4.39%	-
2017	$30,700	-1.34%	-
2016	$31,110	5.01%	-
2015	$29,550	2.67%	-
2014	$28,760	-0.42%	-
2013	$28,880	1.97%	-
2012	$28,310	-	-

Table 2. Compare Insurance Claims and Policy Processing Clerk Salary in Sioux Falls with Other South Dakota Cities

From Table 3 we note that with a median annual salary of $39,580, Sioux Falls is the second highest paying city for insurance claims and policy processing clerks in state of South Dakota, following the highest paying city Sioux City (median annual salary of $40,360). Compared with Sioux City, the median annual salary of insurance claims and policy processing clerks in Sioux Falls is 1.9 percent (1.9%) lower.

Cities/Areas	Median Annual Salary
Sioux City	$40,360
Sioux Falls	$39,580
Western South Dakota nonmetropolitan area	$37,710
Rapid City	$36,210
Eastern South Dakota nonmetropolitan area	$35,010
Central South Dakota nonmetropolitan area	$25,600