The annual salary statistics of insurance claims and policy processing clerks in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage information of insurance claims and policy processing clerks in Nashville-Davidson--Murfreesboro--Franklin 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 | $31,680 |
| 25th Percentile Wage | $32,680 |
| 50th Percentile Wage | $39,410 |
| 75th Percentile Wage | $47,440 |
| 90th Percentile Wage | $62,540 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,540. The median (50th percentile) annual salary is $39,410. The average annual salary for the bottom 10 percent earners is $31,680.
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 | $39,410 | 4.44% | -1.07% |
| 2021 | $37,660 | -5.68% | - |
| 2020 | $39,800 | 4.02% | - |
| 2019 | $38,200 | 7.30% | - |
| 2018 | $35,410 | 2.46% | - |
| 2017 | $34,540 | -6.57% | - |
| 2016 | $36,810 | 3.07% | - |
| 2015 | $35,680 | -2.86% | - |
| 2014 | $36,700 | 0.90% | - |
| 2013 | $36,370 | -9.51% | - |
| 2012 | $39,830 | - | - |
From Table 3 we note that with a median annual salary of $39,410, Nashville-Davidson--Murfreesboro--Franklin is the second highest paying city for insurance claims and policy processing clerks in state of Tennessee, following the highest paying city Chattanooga (median annual salary of $47,240). Compared with Chattanooga, the median annual salary of insurance claims and policy processing clerks in Nashville-Davidson--Murfreesboro--Franklin is 16.6 percent (16.6%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Chattanooga | |
| Nashville-Davidson--Murfreesboro--Franklin | |
| Memphis | |
| Knoxville | |
| Clarksville | |
| South Central Tennessee nonmetropolitan area | |
| Western Tennessee nonmetropolitan area | |
| North Central Tennessee nonmetropolitan area | |
| Cleveland | |
| Johnson City | |
| Eastern Tennessee nonmetropolitan area | |
| Jackson | |
| Morristown |