Average Insurance Sales Agents Salary in Champaign-Urbana, IL
The average salary for a Insurance Sales Agents in Champaign-Urbana, IL is $77,060. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $77,060 per year.
- Growth Trend: Salaries have shifted 32.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $141,370.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Champaign-Urbana, IL economy.
Salary Overview
The average Insurance Sales Agents in Champaign-Urbana, IL earns-5.5%below the national average.
$37.1
$1,482
$6,422
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Champaign-Urbana, IL have experienced a rapid surge, growing by 32.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Champaign-Urbana, IL
The earning potential for Insurance Sales Agentss in Champaign-Urbana, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $42,670, while highly experienced professionals can command wages upwards of $141,370.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $42,670 | $20.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,795 | $27.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,660 | $23.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $96,325 | $46.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $141,370 | $68 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$77,060
Gross Pay
Real Wage (Purchasing Power)
$77,060
Adjusted for COL (100)
In Champaign-Urbana, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $77,060 to $77,060.
Job Market Context
180
Total Jobs
1.688
Per 1K Jobs
0.55
Location Quotient
Champaign-Urbana, IL has 0.55x 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.
180 people work as Insurance Sales Agents in Champaign-Urbana, IL.
1.688 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. |
|---|---|---|
| Decatur, IL Insurance Sales Agents Salary | $64,390↓ 16% | 39 mi |
| West Central Illinois nonmetropolitan area Insurance Sales Agents Salary | $77,350↑ 0% | 41 mi |
| East Central Illinois nonmetropolitan area Insurance Sales Agents Salary | $65,930↓ 14% | 41 mi |
| Northwest Illinois nonmetropolitan area Insurance Sales Agents Salary | $58,720↓ 24% | 41 mi |
| South Illinois nonmetropolitan area Insurance Sales Agents Salary | $60,260↓ 22% | 41 mi |
Comparing salaries near Champaign-Urbana, IL
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Champaign-Urbana, IL?
The median annual salary for a Insurance Sales Agents in Champaign-Urbana, IL is $77,060. This typically ranges from $42,670 for entry-level positions to $141,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Champaign-Urbana, IL is 5.5% lower than the national median of $81,510.
Is Champaign-Urbana, IL a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Champaign-Urbana, IL is $77,060 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Champaign-Urbana, IL. See distinct detailed breakdown below.
Is Champaign-Urbana, IL a good place to live for Insurance Sales Agents?
The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Champaign-Urbana, IL?
Some top paying nearby cities include Decatur, IL ($64,390) and West Central Illinois nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Champaign-Urbana, IL area with a job density of 1.688 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 Champaign-Urbana, IL