Average Insurance Sales Agents Salary in Albany, OR
The average salary for Insurance Sales Agentss in Albany, OR is $64,890. While this is lower than the national average, the cost of living in Albany, OR may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $64,890 per year.
- Growth Trend: Salaries have shifted 36.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,350.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Albany, OR economy.
Salary Overview
The average Insurance Sales Agents in Albany, OR earns-20.4%below the national average.
$31.2
$1,248
$5,408
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Albany, OR have experienced a rapid surge, growing by 36.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Albany, OR
The earning potential for Insurance Sales Agentss in Albany, OR varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $35,990, while highly experienced professionals can command wages upwards of $111,350.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $35,990 | $17.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,668 | $23.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $59,550 | $28.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $81,113 | $39 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $111,350 | $53.5 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$64,890
Gross Pay
Real Wage (Purchasing Power)
$64,890
Adjusted for COL (100)
In Albany, OR, the Cost of Living Index is 100. This increases your effective purchasing power from $64,890 to $64,890.
Job Market Context
70
Total Jobs
1.445
Per 1K Jobs
0.47
Location Quotient
At 0.47x, Albany, OR has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
70 people work as Insurance Sales Agents in Albany, OR.
1.445 out of every 1,000 local jobs are Insurance Sales Agents positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Corvallis, OR Insurance Sales Agents Salary | $59,400↓ 8% | 10 mi |
| Salem, OR Insurance Sales Agents Salary | $95,950↑ 48% | 21 mi |
| Eugene-Springfield, OR Insurance Sales Agents Salary | $71,150↑ 10% | 39 mi |
| Coast Oregon nonmetropolitan area Insurance Sales Agents Salary | $58,770↓ 9% | 51 mi |
| Eastern Oregon nonmetropolitan area Insurance Sales Agents Salary | $72,230↑ 11% | 51 mi |
Comparing salaries near Albany, OR
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Albany, OR?
The median annual salary for a Insurance Sales Agents in Albany, OR is $64,890. This typically ranges from $35,990 for entry-level positions to $111,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany, OR is 20.4% lower than the national median of $81,510.
Is Albany, OR a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Albany, OR is $64,890 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Albany, OR. See distinct detailed breakdown below.
Is Albany, OR a good place to live for Insurance Sales Agents?
The Cost of Living Index in Albany, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany, OR?
Some top paying nearby cities include Corvallis, OR ($59,400) and Salem, OR.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Albany, OR area with a job density of 1.445 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Albany, OR