Average Insurance Sales Agents Salary in Ann Arbor, MI
The average salary for Insurance Sales Agentss in Ann Arbor, MI is $60,830. While this is lower than the national average, the cost of living in Ann Arbor, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $60,830 per year.
- Growth Trend: Salaries have shifted 8.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,250.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Ann Arbor, MI economy.
Salary Overview
The average Insurance Sales Agents in Ann Arbor, MI earns-25.4%below the national average.
$29.3
$1,170
$5,069
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Ann Arbor, MI have seen a slight adjustment of -8.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Ann Arbor, MI
The earning potential for Insurance Sales Agentss in Ann Arbor, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,680, while highly experienced professionals can command wages upwards of $97,250.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,680 | $17.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,623 | $21.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $58,400 | $28.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,038 | $36.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $97,250 | $46.8 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$60,830
Gross Pay
Real Wage (Purchasing Power)
$60,830
Adjusted for COL (100)
In Ann Arbor, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $60,830 to $60,830.
Job Market Context
150
Total Jobs
0.71
Per 1K Jobs
0.23
Location Quotient
At 0.23x, Ann Arbor, MI has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
150 people work as Insurance Sales Agents in Ann Arbor, MI.
Only 0.71 out of every 1,000 local jobs are Insurance Sales Agents roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Insurance Sales Agents Salary | $87,470↑ 44% | 31 mi |
| Jackson, MI Insurance Sales Agents Salary | $62,120↑ 2% | 34 mi |
| Detroit-Warren-Dearborn, MI Insurance Sales Agents Salary | $78,080↑ 28% | 35 mi |
| Toledo, OH Insurance Sales Agents Salary | $76,150↑ 25% | 43 mi |
| Flint, MI Insurance Sales Agents Salary | $64,220↑ 6% | 52 mi |
Comparing salaries near Ann Arbor, MI
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Ann Arbor, MI?
The median annual salary for a Insurance Sales Agents in Ann Arbor, MI is $60,830. This typically ranges from $36,680 for entry-level positions to $97,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ann Arbor, MI is 25.4% lower than the national median of $81,510.
Is Ann Arbor, MI a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Ann Arbor, MI is $60,830 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Ann Arbor, MI. See distinct detailed breakdown below.
Is Ann Arbor, MI a good place to live for Insurance Sales Agents?
The Cost of Living Index in Ann Arbor, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ann Arbor, MI?
Some top paying nearby cities include Monroe, MI ($87,470) and Jackson, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Ann Arbor, MI area with a job density of 0.71 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Sales Agents Salaries by State
Top Jobs in Ann Arbor, MI
- All Occupations Salary in Ann Arbor, MI
- Educational Instruction and Library Occupations Salary in Ann Arbor, MI
- Healthcare Practitioners and Technical Occupations Salary in Ann Arbor, MI
- Office and Administrative Support Occupations Salary in Ann Arbor, MI
- Food Preparation and Serving Related Occupations Salary in Ann Arbor, MI
- Management Occupations Salary in Ann Arbor, MI
- Sales and Related Occupations Salary in Ann Arbor, MI
- Teaching Assistants, Postsecondary Salary in Ann Arbor, MI
- Business and Financial Operations Occupations Salary in Ann Arbor, MI
- Registered Nurses Salary in Ann Arbor, MI
- Browse All Jobs in Ann Arbor, MI →
Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Ann Arbor, MI