Average Insurance Sales Agents Salary in Coast Oregon nonmetropolitan area
Insurance Sales Agents in the Coast Oregon nonmetropolitan area earn an average annual salary of $58,770. This figure is notably below the national average of $81,510, reflecting regional economic factors and potentially a different market dynamic. The specific compensation structure in this locale is influenced by the demand for insurance products and the overall economic conditions prevalent in nonmetropolitan coastal regions of Oregon.
Executive Summary
- Average Salary: $58,770 per year.
- Growth Trend: Salaries have shifted 27.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,490.
- Outlook: The job market for Insurance Sales Agents in the Coast Oregon nonmetropolitan area appears stable, with a total local workforce of 270 professionals. While the Location Quotient of 0.78 suggests a slightly lower concentration compared to the national average, the presence of nearly 2.4 jobs per 1,000 workers indicates consistent, albeit not exceptionally high, demand for these services within the region.
Salary Overview
The average Insurance Sales Agents in Coast Oregon nonmetropolitan area earns-27.9%below the national average.
$28.3
$1,130
$4,898
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for the Coast Oregon nonmetropolitan area is not provided, it is reasonable to assume that salaries for Insurance Sales Agents have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, evolving insurance needs, and inflation typically contribute to a modest upward trajectory in compensation for sales professionals in this sector.
Insurance Sales Agents Salary Distribution in Coast Oregon nonmetropolitan area
Salary progression for Insurance Sales Agents is typically tied to experience and performance. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with a proven track record and established client base can command significantly higher earnings. The percentile gaps in salary distribution reflect these opportunities for career advancement and increased earning potential as agents build their expertise and client portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,210 | $17.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $44,078 | $21.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $48,110 | $23.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $73,463 | $35.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $94,490 | $45.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$58,770
Gross Pay
Real Wage (Purchasing Power)
$58,770
Adjusted for COL (100)
The nominal average salary of $58,770 for Insurance Sales Agents in the Coast Oregon nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an agent's salary in this region is comparable to the national average, suggesting that while the salary is lower than the national average, the cost of living does not exacerbate the difference.
Job Market Context
270
Total Jobs
2.379
Per 1K Jobs
0.78
Location Quotient
Coast Oregon nonmetropolitan area has 0.78x 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.
With a Location Quotient of 0.78, the market for Insurance Sales Agents in the Coast Oregon nonmetropolitan area is less concentrated than the national average. This indicates that while the profession is present, it is not a dominant industry in this specific region, suggesting a potentially less saturated but also possibly less robust job market compared to areas with a higher concentration of agents.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Albany, OR Insurance Sales Agents Salary | $64,890↑ 10% | 51 mi |
| Bend, OR Insurance Sales Agents Salary | $49,520↓ 16% | 52 mi |
| Salem, OR Insurance Sales Agents Salary | $95,950↑ 63% | 53 mi |
| Corvallis, OR Insurance Sales Agents Salary | $59,400↑ 1% | 59 mi |
| Eugene-Springfield, OR Insurance Sales Agents Salary | $71,150↑ 21% | 63 mi |
Comparing salaries near Coast Oregon nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Coast Oregon nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Coast Oregon nonmetropolitan area is $58,770. This typically ranges from $36,210 for entry-level positions to $94,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Coast Oregon nonmetropolitan area is 27.9% lower than the national median of $81,510.
Is Coast Oregon nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, not exceptionally lucrative compared to national averages.The average salary of $58,770 is significantly lower than the national average of $81,510, although the cost of living is on par with the national average.
Is Coast Oregon nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Coast Oregon nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Coast Oregon nonmetropolitan area?
Some top paying nearby cities include Albany, OR ($64,890) and Bend, OR.
How does the local workforce size affect job opportunities?
A local workforce of 270 indicates a moderate presence of Insurance Sales Agents, suggesting a stable but not rapidly expanding job market within the Coast Oregon nonmetropolitan area.
What does a Location Quotient of 0.78 signify?
A Location Quotient of 0.78 means that Insurance Sales Agents are slightly less concentrated in this region compared to the national average, implying a potentially less competitive but also less specialized market.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the salary of $58,770 has the same purchasing power as the national average, meaning the lower nominal salary is offset by a comparable cost of living.
Are there many Insurance Sales Agent jobs per 1,000 workers?
There are 2.379 jobs per 1,000 workers, indicating a steady, though not overwhelming, demand for Insurance Sales Agents in the Coast Oregon 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 270 employees in the Coast Oregon nonmetropolitan area area with a job density of 2.379 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 Coast Oregon nonmetropolitan area
- All Occupations Salary in Coast Oregon nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Coast Oregon nonmetropolitan area
- Office and Administrative Support Occupations Salary in Coast Oregon nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Coast Oregon nonmetropolitan area
- Sales and Related Occupations Salary in Coast Oregon nonmetropolitan area
- Production Occupations Salary in Coast Oregon nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Coast Oregon nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Coast Oregon nonmetropolitan area
- Management Occupations Salary in Coast Oregon nonmetropolitan area
- Building and Grounds Cleaning and Maintenance Occupations Salary in Coast Oregon nonmetropolitan area
- Browse All Jobs in Coast Oregon nonmetropolitan area →
Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Coast Oregon nonmetropolitan area