Average Insurance Sales Agents Salary in Burlington, NC
Insurance Sales Agents in Burlington, NC, earn an average annual salary of $68,500. This figure is notably below the national average of $81,510, suggesting that local market dynamics and economic factors specific to Burlington may influence compensation levels. Understanding these regional differences is crucial for career planning and salary negotiation.
Executive Summary
- Average Salary: $68,500 per year.
- Growth Trend: Salaries have shifted 33.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,250.
- Outlook: Burlington, NC, hosts a concentrated workforce of Insurance Sales Agents, with a Location Quotient of 1.5 indicating a higher-than-average presence compared to the national landscape. While the total local workforce of 310 is modest, this concentration suggests a stable demand for these professionals within the region, implying a robust job market for those seeking or maintaining a career in insurance sales locally.
Salary Overview
The average Insurance Sales Agents in Burlington, NC earns-16.0%below the national average.
$32.9
$1,317
$5,708
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the insurance sales sector in Burlington, NC, has experienced growth over the past four years, mirroring national trends. This growth likely translates to a steady or increasing average salary for Insurance Sales Agents, reflecting evolving market demands and the increasing complexity of insurance products.
Insurance Sales Agents Salary Distribution in Burlington, NC
Salary progression for Insurance Sales Agents in Burlington, NC, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and specialized knowledge can command salaries significantly above the average. The gap between entry-level and senior-level earnings signifies substantial career growth potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,200 | $17.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,375 | $24.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $51,100 | $24.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $85,625 | $41.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $118,250 | $56.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$68,500
Gross Pay
Real Wage (Purchasing Power)
$68,500
Adjusted for COL (100)
The average annual salary of $68,500 in Burlington, NC, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in Burlington is equivalent to the national average, making it a financially stable location for professionals in this role.
Job Market Context
310
Total Jobs
4.573
Per 1K Jobs
1.5
Location Quotient
Burlington, NC has 1.5x the national concentration of Insurance Sales Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.5, Burlington, NC, exhibits a concentration of Insurance Sales Agents that is 50% higher than the national average. This suggests a competitive yet potentially abundant job market, where employers may actively seek skilled agents, and a solid pool of talent exists to fill these roles.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Insurance Sales Agents Salary | $88,990↑ 30% | 20 mi |
| Durham-Chapel Hill, NC Insurance Sales Agents Salary | $82,180↑ 20% | 32 mi |
| Eastern North Carolina nonmetropolitan area Insurance Sales Agents Salary | $62,910↓ 8% | 36 mi |
| Western North Carolina nonmetropolitan area Insurance Sales Agents Salary | $57,170↓ 17% | 36 mi |
| Central North Carolina nonmetropolitan area Insurance Sales Agents Salary | $55,390↓ 19% | 36 mi |
Comparing salaries near Burlington, NC
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Burlington, NC?
The median annual salary for a Insurance Sales Agents in Burlington, NC is $68,500. This typically ranges from $37,200 for entry-level positions to $118,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Burlington, NC is 16.0% lower than the national median of $81,510.
Is Burlington, NC a lucrative place for Insurance Sales Agents?
No, not compared to the national average.While the cost of living is average, the $68,500 salary is significantly lower than the national average of $81,510, indicating less lucrative earning potential locally.
Is Burlington, NC a good place to live for Insurance Sales Agents?
The Cost of Living Index in Burlington, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Burlington, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($88,990) and Durham-Chapel Hill, NC.
How does the number of Insurance Sales Agents in Burlington compare nationally?
Burlington, NC, has 4.573 Insurance Sales Agents per 1,000 workers, which is higher than the national average, as indicated by its Location Quotient of 1.5.
What is the total number of Insurance Sales Agents in Burlington?
There are approximately 310 Insurance Sales Agents employed in Burlington, NC.
Does experience impact salary for Insurance Sales Agents in Burlington?
Yes, experience is a key factor in salary determination, with senior agents typically earning more than those in entry-level positions.
How does Burlington's cost of living affect salary perception?
Burlington's Cost of Living Index is 100, matching the national average, meaning the $68,500 salary has average purchasing power locally.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Burlington, NC area with a job density of 4.573 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 Burlington, NC
- All Occupations Salary in Burlington, NC
- Transportation and Material Moving Occupations Salary in Burlington, NC
- Office and Administrative Support Occupations Salary in Burlington, NC
- Food Preparation and Serving Related Occupations Salary in Burlington, NC
- Sales and Related Occupations Salary in Burlington, NC
- Production Occupations Salary in Burlington, NC
- Healthcare Practitioners and Technical Occupations Salary in Burlington, NC
- Educational Instruction and Library Occupations Salary in Burlington, NC
- Management Occupations Salary in Burlington, NC
- Healthcare Support Occupations Salary in Burlington, NC
- Browse All Jobs in Burlington, NC →
Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Burlington, NC