Insurance Claims and Policy Processing Clerks Salary
Insurance Claims and Policy Processing Clerks in Iowa City, IA make a median of $49,060 a year, or about $23.59 an hour. The range runs from $36K at the entry level to $60K for experienced workers. Cost of living is below average (RPP 91.51), which stretches that salary to about $53,612 in buying power. Rent on a 2-bedroom averages $962/month, or 28.7% of estimated take-home pay.
So what does $49K get you in Iowa City?
Groceries, utilities, transportation, and healthcare scaled from national averages by Iowa City’s Regional Price Parity (91.51). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About insurance claims and policy processing clerks
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What this looks like in Iowa City
Insurance claims and policy processing clerks pay in Iowa City tracks closely to the national median, $49K locally vs. $49K nationwide, a 0% difference. Rent runs $962/month for a 2-bedroom (HUD FMR), taking 29.5% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 91.51 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for insurance claims and policy processing clerks in metros near Iowa City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Des Moines-West Des Moines | $47K | $51K |
| Cedar Rapids | $46K | $51K |
| Dubuque | $46K | $53K |
| Davenport-Moline-Rock Island | $48K | $54K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Iowa City, IA
Entry-level insurance claims and policy processing clerks (10th percentile) start around $36K. Mid-career wages sit at $49K. Top earners bring in $60K or more, a $24K spread from bottom to top.
Insurance Claims and Policy Processing Clerks pay across states
Median income ranked highest to lowest, compared to the national figure
View Insurance Claims and Policy Processing Clerks salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $61K | +23% | 820 |
| Washington | $60K | +22% | 3,730 |
| New Jersey | $60K | +21% | 5,000 |
| Connecticut | $60K | +21% | 2,430 |
| Maine | $59K | +20% | 1,710 |
| Colorado | $59K | +19% | 1,380 |
| Minnesota | $58K | +18% | 3,580 |
| New York | $58K | +17% | 8,120 |
| California | $57K | +15% | 23,470 |
| Massachusetts | $53K | +7% | 4,820 |
| Montana | $51K | +3% | 360 |
| Oregon | $51K | +3% | 2,640 |
| Arizona | $51K | +3% | 8,350 |
| Delaware | $50K | +2% | 720 |
| Texas | $50K | +1% | 24,470 |
| Pennsylvania | $49K | +0% | 7,020 |
| Vermont | $49K | +0% | 390 |
| Indiana | $49K | +0% | 5,190 |
| Wisconsin | $49K | -0% | 5,140 |
| Alaska | $49K | -1% | 40 |
| Oklahoma | $49K | -1% | 1,530 |
| Nebraska | $48K | -2% | 2,520 |
| Illinois | $48K | -2% | 9,060 |
| North Dakota | $48K | -2% | 550 |
| Ohio | $48K | -2% | 11,160 |
| Kentucky | $48K | -2% | 3,030 |
| Nevada | $48K | -2% | 2,880 |
| North Carolina | $48K | -2% | 6,570 |
| Kansas | $48K | -3% | 800 |
| Michigan | $48K | -3% | 6,410 |
| Hawaii | $47K | -4% | 380 |
| Idaho | $47K | -4% | 580 |
| Florida | $47K | -4% | 15,920 |
| Utah | $47K | -4% | 1,880 |
| Maryland | $47K | -4% | 1,200 |
| Wyoming | $47K | -5% | 170 |
| Louisiana | $47K | -5% | 1,740 |
| Georgia | $47K | -5% | 6,370 |
| Iowa | $46K | -6% | 2,820 |
| Virginia | $46K | -6% | 5,950 |
| Missouri | $46K | -7% | 4,510 |
| Tennessee | $46K | -7% | 5,470 |
| South Dakota | $46K | -7% | 1,020 |
| Arkansas | $45K | -8% | 1,500 |
| West Virginia | $45K | -9% | 1,330 |
| South Carolina | $45K | -9% | 4,110 |
| Mississippi | $44K | -11% | 1,540 |
| New Mexico | $42K | -15% | 920 |
| Alabama | $38K | -23% | 2,110 |
Showing 1–10 of 49 states
BLS does not publish data for every state when sample sizes are too small
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Frequently asked questions
Can a insurance claims and policy processing clerk afford a 2BR apartment alone in Iowa City?
Yes — at the median salary of $49K, rent takes 29.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $962/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance claims and policy processing clerks in Iowa City?
The 10th-percentile wage — what new insurance claims and policy processing clerks typically earn — is $36K/year. Take-home on that works out to about $2,161/month. At HUD’s $962/month FMR, rent would take 45% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is insurance claims and policy processing clerk a high-paying job in Iowa City?
Pay here is roughly in line with the national average — $49K locally vs. $49K nationally, a 0% difference.
How does Iowa City compare to the national average for insurance claims and policy processing clerks?
Iowa City pays $49K median vs. the U.S. average of $49K — that’s +0%. After adjusting for local cost of living (RPP 91.51), the purchasing-power equivalent is $54K — still ahead of the national median.
How much do insurance claims and policy processing clerks make in Iowa City, IA?
The median is $49,060 a year, that works out to about $24 an hour. But the range is wide: entry-level workers start around $36,020, and experienced insurance claims and policy processing clerks can clear $59,750. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $49K enough to live in Iowa City?
On that salary, you'd take home roughly $3,257/month after taxes. A 2-bedroom here rents for about $962/month, which eats 29.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a insurance claims and policy processing clerks salary go in Iowa City?
Iowa City has a Regional Price Parity of 91.51 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median insurance claims and policy processing clerks salary is worth about $53,612 in national-average purchasing power.
Where do insurance claims and policy processing clerks get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.