Average Insurance Sales Agents Salary in Austin-Round Rock-San Marcos, TX
Insurance Sales Agents in the Austin-Round Rock-San Marcos, TX metropolitan area earn an average annual salary of $70,930. This figure is notably below the national average of $81,510, suggesting that while the demand is present, the compensation structure may differ from broader national trends. Local economic factors and market dynamics likely influence this pay differential.
Executive Summary
- Average Salary: $70,930 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,630.
- Outlook: The Austin-Round Rock-San Marcos, TX area supports a substantial workforce of 4,710 Insurance Sales Agents. With a Location Quotient of 1.23, this indicates a higher concentration of these professionals compared to the national average, signaling a robust and potentially growing job market for insurance sales roles within the region.
Salary Overview
The average Insurance Sales Agents in Austin-Round Rock-San Marcos, TX earns-13.0%below the national average.
$34.1
$1,364
$5,911
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this exact period isn't provided, it's reasonable to assume a general upward trend in salaries for Insurance Sales Agents over the past four years, mirroring national economic growth and inflation. Increased demand for insurance products and services, coupled with evolving market conditions, likely contributed to salary increases within the Austin-Round Rock-San Marcos, TX region.
Insurance Sales Agents Salary Distribution in Austin-Round Rock-San Marcos, TX
Salary progression for Insurance Sales Agents in Austin-Round Rock-San Marcos, TX, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant career growth potential and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,030 | $17.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $53,198 | $25.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,410 | $22.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $88,663 | $42.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $127,630 | $61.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$70,930
Gross Pay
Real Wage (Purchasing Power)
$70,930
Adjusted for COL (100)
An average annual salary of $70,930 in Austin-Round Rock-San Marcos, TX, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of an Insurance Sales Agent's salary in this area is equivalent to the national average, offering stability for those considering a move.
Job Market Context
4,710
Total Jobs
3.738
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Austin-Round Rock-San Marcos, TX has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
The Location Quotient of 1.23 for Insurance Sales Agents in Austin-Round Rock-San Marcos, TX, signifies a job market that is 23% more concentrated than the national average. This suggests a competitive environment with a notable presence of insurance sales professionals, indicating both opportunity and a need for differentiation among agents.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $61,770↓ 13% | 53 mi |
| Northwestern Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $42,370↓ 40% | 53 mi |
| Hill Country Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $55,730↓ 21% | 53 mi |
| Coastal Plains Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $51,480↓ 27% | 53 mi |
| Eastern Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $54,920↓ 23% | 53 mi |
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Insurance Sales Agents in Austin-Round Rock-San Marcos, TX is $70,930. This typically ranges from $36,030 for entry-level positions to $127,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 13.0% lower than the national median of $81,510.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Insurance Sales Agentss?
Yes, with caveats.While the average salary of $70,930 is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The strong concentration of agents (LQ 1.23) indicates a healthy market with potential for growth.
Is Austin-Round Rock-San Marcos, TX a good place to live for Insurance Sales Agents?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($61,770) and Northwestern Region of Texas nonmetropolitan area.
How does the Austin-Round Rock-San Marcos, TX salary compare to the national average?
The average annual salary for Insurance Sales Agents in Austin-Round Rock-San Marcos, TX is $70,930, which is lower than the national average of $81,510.
What is the concentration of Insurance Sales Agents in this Texas region?
The concentration, measured by the Location Quotient, is 1.23, meaning there are 23% more Insurance Sales Agents in this area compared to the national average.
How does the cost of living affect the salary in Austin-Round Rock-San Marcos, TX?
The cost of living index is 100, which is the national average. This means the $70,930 salary has the same purchasing power as the national average salary.
What does the number of jobs per 1,000 workers indicate?
With 3.738 jobs per 1,000 workers, this metric suggests a solid presence of Insurance Sales Agent roles within the local labor market relative to its overall size.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,710 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 3.738 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 Austin-Round Rock-San Marcos, TX