Average Insurance Sales Agents Salary in Arecibo, PR
The average salary for Insurance Sales Agentss in Arecibo, PR is $41,290. While this is lower than the national average, the cost of living in Arecibo, PR may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $41,290 per year.
- Growth Trend: Salaries have shifted 25.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,050.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Arecibo, PR economy.
Salary Overview
The average Insurance Sales Agents in Arecibo, PR earns-49.3%below the national average.
$19.9
$794
$3,441
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 3 years, Insurance Sales Agents salaries in Arecibo, PR have experienced a rapid surge, growing by 25.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Arecibo, PR
The earning potential for Insurance Sales Agentss in Arecibo, PR varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $21,170, while highly experienced professionals can command wages upwards of $70,050.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $21,170 | $10.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $30,968 | $14.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $36,460 | $17.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $51,613 | $24.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $70,050 | $33.7 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$41,290
Gross Pay
Real Wage (Purchasing Power)
$41,290
Adjusted for COL (100)
In Arecibo, PR, the Cost of Living Index is 100. This increases your effective purchasing power from $41,290 to $41,290.
Job Market Context
80
Total Jobs
2.353
Per 1K Jobs
0.77
Location Quotient
Arecibo, PR has 0.77x the national average concentration of Insurance Sales Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
80 people work as Insurance Sales Agents in Arecibo, PR.
Moderate density — roughly 2.353 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Aguadilla, PR Insurance Sales Agents Salary | $37,880↓ 8% | 27 mi |
| Mayaguez, PR Insurance Sales Agents Salary | $38,700↓ 6% | 29 mi |
| Ponce, PR Insurance Sales Agents Salary | $39,240↓ 5% | 31 mi |
| San Juan-Bayamon-Caguas, PR Insurance Sales Agents Salary | $40,750↓ 1% | 45 mi |
Comparing salaries near Arecibo, PR
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Arecibo, PR?
The median annual salary for a Insurance Sales Agents in Arecibo, PR is $41,290. This typically ranges from $21,170 for entry-level positions to $70,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arecibo, PR is 49.3% lower than the national median of $81,510.
Is Arecibo, PR a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Arecibo, PR is $41,290 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Arecibo, PR. See distinct detailed breakdown below.
Is Arecibo, PR a good place to live for Insurance Sales Agents?
The Cost of Living Index in Arecibo, PR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Arecibo, PR?
Some top paying nearby cities include Aguadilla, PR ($37,880) and Mayaguez, PR.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Arecibo, PR area with a job density of 2.353 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 Arecibo, PR