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Average Insurance Sales Agents Salary in Capital/Northern New York nonmetropolitan area

The average salary for a Insurance Sales Agents in Capital/Northern New York nonmetropolitan area is $76,170. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $76,170 per year.
  • Growth Trend: Salaries have shifted 78.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,420.
  • 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 Capital/Northern New York nonmetropolitan area economy.
2024 Market Data

Salary Overview

$76,170

The average Insurance Sales Agents in Capital/Northern New York nonmetropolitan area earns-6.6%below the national average.

BreakdownBased on 40h/week
Hourly

$36.6

Weekly

$1,465

Monthly

$6,348

Insurance Sales Agents Salary Distribution in Capital/Northern New York nonmetropolitan area

The earning potential for Insurance Sales Agentss in Capital/Northern New York nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $37,000, while highly experienced professionals can command wages upwards of $112,420.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$37,000$17.8
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$57,128$27.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$55,310$26.6
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$95,213$45.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$112,420$54

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$76,170

Gross Pay

Real Wage (Purchasing Power)

$76,170

Adjusted for COL (100)

In Capital/Northern New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $76,170 to $76,170.

Job Market Context

150

Total Jobs

1.046

Per 1K Jobs

0.34

Location Quotient

Low Concentration

At 0.34x, Capital/Northern New York nonmetropolitan area 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 Capital/Northern New York nonmetropolitan area.

1.046 out of every 1,000 local jobs are Insurance Sales Agents positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

Comparing salaries near Capital/Northern New York nonmetropolitan area

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Capital/Northern New York nonmetropolitan area?

The median annual salary for a Insurance Sales Agents in Capital/Northern New York nonmetropolitan area is $76,170. This typically ranges from $37,000 for entry-level positions to $112,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Capital/Northern New York nonmetropolitan area is 6.6% lower than the national median of $81,510.

Is Capital/Northern New York nonmetropolitan area a good place for Insurance Sales Agentss?

It depends on your priorities. While the average Insurance Sales Agents salary in Capital/Northern New York nonmetropolitan area is $76,170 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Capital/Northern New York nonmetropolitan area. See distinct detailed breakdown below.

Is Capital/Northern New York nonmetropolitan area a good place to live for Insurance Sales Agents?

The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?

Some top paying nearby cities include Binghamton, NY ($129,150) and Kingston, NY.

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 Capital/Northern New York nonmetropolitan area area with a job density of 1.046 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.