Average Insurance Sales Agents Salary in Blacksburg-Christiansburg-Radford, VA
The average salary for Insurance Sales Agentss in Blacksburg-Christiansburg-Radford, VA is $65,830. While this is lower than the national average, the cost of living in Blacksburg-Christiansburg-Radford, VA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $65,830 per year.
- Growth Trend: Salaries have shifted 25.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,850.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Blacksburg-Christiansburg-Radford, VA economy.
Salary Overview
The average Insurance Sales Agents in Blacksburg-Christiansburg-Radford, VA earns-19.2%below the national average.
$31.7
$1,266
$5,486
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Blacksburg-Christiansburg-Radford, VA have experienced a rapid surge, growing by 25.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Blacksburg-Christiansburg-Radford, VA
The earning potential for Insurance Sales Agentss in Blacksburg-Christiansburg-Radford, VA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $30,840, while highly experienced professionals can command wages upwards of $105,850.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,840 | $14.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $49,373 | $23.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $45,280 | $21.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $82,288 | $39.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $105,850 | $50.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$65,830
Gross Pay
Real Wage (Purchasing Power)
$65,830
Adjusted for COL (100)
In Blacksburg-Christiansburg-Radford, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $65,830 to $65,830.
Job Market Context
110
Total Jobs
1.43
Per 1K Jobs
0.47
Location Quotient
At 0.47x, Blacksburg-Christiansburg-Radford, VA has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
110 people work as Insurance Sales Agents in Blacksburg-Christiansburg-Radford, VA.
1.43 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. |
|---|---|---|
| Roanoke, VA Insurance Sales Agents Salary | $58,630↓ 11% | 26 mi |
| Beckley, WV Insurance Sales Agents Salary | $67,060↑ 2% | 57 mi |
| Lynchburg, VA Insurance Sales Agents Salary | $62,780↓ 5% | 69 mi |
| Winston-Salem, NC Insurance Sales Agents Salary | $75,770↑ 15% | 79 mi |
| Greensboro-High Point, NC Insurance Sales Agents Salary | $88,990↑ 35% | 85 mi |
Comparing salaries near Blacksburg-Christiansburg-Radford, VA
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Blacksburg-Christiansburg-Radford, VA?
The median annual salary for a Insurance Sales Agents in Blacksburg-Christiansburg-Radford, VA is $65,830. This typically ranges from $30,840 for entry-level positions to $105,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Blacksburg-Christiansburg-Radford, VA is 19.2% lower than the national median of $81,510.
Is Blacksburg-Christiansburg-Radford, VA a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Blacksburg-Christiansburg-Radford, VA is $65,830 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Blacksburg-Christiansburg-Radford, VA. See distinct detailed breakdown below.
Is Blacksburg-Christiansburg-Radford, VA a good place to live for Insurance Sales Agents?
The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Blacksburg-Christiansburg-Radford, VA?
Some top paying nearby cities include Roanoke, VA ($58,630) and Beckley, WV.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Blacksburg-Christiansburg-Radford, VA area with a job density of 1.43 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 Blacksburg-Christiansburg-Radford, VA
- All Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Educational Instruction and Library Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Production Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Office and Administrative Support Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Food Preparation and Serving Related Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Transportation and Material Moving Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Sales and Related Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Healthcare Practitioners and Technical Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Installation, Maintenance, and Repair Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Management Occupations Salary in Blacksburg-Christiansburg-Radford, VA
- Browse All Jobs in Blacksburg-Christiansburg-Radford, VA →
Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Blacksburg-Christiansburg-Radford, VA