Average Insurance Sales Agents Salary in Central New Hampshire nonmetropolitan area
Insurance Sales Agents in the Central New Hampshire nonmetropolitan area earn an average annual salary of $68,710. This figure is notably below the national average of $81,510, reflecting the unique economic dynamics and potentially lower operational costs characteristic of nonmetropolitan regions. Local market demand and the specific insurance products prevalent in the area also contribute to this salary differential.
Executive Summary
- Average Salary: $68,710 per year.
- Growth Trend: Salaries have shifted 2.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,950.
- Outlook: With a total local workforce of 280 Insurance Sales Agents, the Central New Hampshire nonmetropolitan area presents a stable, albeit niche, job market. The Location Quotient of 0.99 indicates a concentration of these professionals that is nearly on par with the national average, suggesting a steady demand that aligns with the general employment landscape for this role.
Salary Overview
The average Insurance Sales Agents in Central New Hampshire nonmetropolitan area earns-15.7%below the national average.
$33
$1,321
$5,726
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Insurance Sales Agents in Central New Hampshire have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for insurance products, and the evolving complexity of financial services, leading to modest but consistent upward adjustments in compensation.
Insurance Sales Agents Salary Distribution in Central New Hampshire nonmetropolitan area
The career trajectory for Insurance Sales Agents in Central New Hampshire typically involves salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized knowledge can command significantly higher salaries. The percentile gaps in earnings clearly signify the progression and rewards associated with advancing through different levels of expertise and client acquisition.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $39,350 | $18.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,533 | $24.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $62,050 | $29.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $85,888 | $41.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $99,950 | $48.1 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$68,710
Gross Pay
Real Wage (Purchasing Power)
$68,710
Adjusted for COL (100)
The average annual salary of $68,710 for Insurance Sales Agents in Central New Hampshire aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an agent's salary in this region is equivalent to the national standard, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.
Job Market Context
280
Total Jobs
3.005
Per 1K Jobs
0.99
Location Quotient
Central New Hampshire nonmetropolitan area has 0.99x 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.
The Location Quotient of 0.99 for Insurance Sales Agents in Central New Hampshire suggests a job market that is highly representative of the national distribution. This indicates a balanced level of competition and opportunity, where the supply of agents closely matches the demand, making it neither overly saturated nor exceptionally scarce for those seeking employment or talent.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Insurance Sales Agents Salary | $75,880↑ 10% | 33 mi |
| Portland-South Portland, ME Insurance Sales Agents Salary | $77,720↑ 13% | 67 mi |
| Northern Vermont nonmetropolitan area Insurance Sales Agents Salary | $74,600↑ 9% | 70 mi |
| Southern Vermont nonmetropolitan area Insurance Sales Agents Salary | $81,730↑ 19% | 70 mi |
| Boston-Cambridge-Newton, MA-NH Insurance Sales Agents Salary | $101,760↑ 48% | 82 mi |
Comparing salaries near Central New Hampshire nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Central New Hampshire nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Central New Hampshire nonmetropolitan area is $68,710. This typically ranges from $39,350 for entry-level positions to $99,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central New Hampshire nonmetropolitan area is 15.7% lower than the national median of $81,510.
Is Central New Hampshire nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, but it offers balanced living costs.The average salary of $68,710 is below the national average, indicating less lucrative pay. However, the cost of living is exactly at the national average, providing stable purchasing power.
Is Central New Hampshire nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Central New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($75,880) and Portland-South Portland, ME.
How does the Central NH salary compare to the national average?
The average salary of $68,710 in Central New Hampshire is approximately 15.6% lower than the national average of $81,510 for Insurance Sales Agents.
What is the concentration of Insurance Sales Agents in this area?
The Location Quotient of 0.99 indicates that the concentration of Insurance Sales Agents in Central New Hampshire is very close to the national average, suggesting a stable presence of this profession.
How does the cost of living affect the salary in Central NH?
With a Cost of Living Index of 100, the salary of $68,710 has the same purchasing power as the national average salary would in a national-average cost-of-living area.
What does 'Jobs per 1,000 Workers' mean for this role?
The figure of 3.005 jobs per 1,000 workers signifies that for every thousand individuals employed in the Central New Hampshire nonmetropolitan area, approximately three are Insurance Sales Agents, indicating the role's presence within the local employment structure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Central New Hampshire nonmetropolitan area area with a job density of 3.005 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 Central New Hampshire nonmetropolitan area