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Average Insurance Sales Agents Salary in Coeur d'Alene, ID

In Coeur d'Alene, ID, Insurance Sales Agents earn an average annual salary of $69,630. This figure is notably below the national average of $81,510, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this specific region.

Executive Summary

  • Average Salary: $69,630 per year.
  • Growth Trend: Salaries have shifted 44.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $109,400.
  • Outlook: With a total local workforce of 230 Insurance Sales Agents, Coeur d'Alene presents a moderately sized market for this profession. The Location Quotient of 1.03 indicates a concentration of these roles that is very close to the national average, suggesting a stable, albeit not rapidly expanding, demand for insurance sales expertise within the area.
2024 Market Data

Salary Overview

$69,630

The average Insurance Sales Agents in Coeur d'Alene, ID earns-14.6%below the national average.

BreakdownBased on 40h/week
Hourly

$33.5

Weekly

$1,339

Monthly

$5,803

Insurance Sales Agents Salary Distribution in Coeur d'Alene, ID

Salary progression for Insurance Sales Agents in Coeur d'Alene, ID, is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record and specialized knowledge can expect significantly higher earnings. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and client relationship management in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$38,000$18.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$52,223$25.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$45,860$22
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$87,038$41.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$109,400$52.6

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$69,630

Gross Pay

Real Wage (Purchasing Power)

$69,630

Adjusted for COL (100)

The average annual salary of $69,630 in Coeur d'Alene, ID, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Insurance Sales Agent's salary in Coeur d'Alene is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

230

Total Jobs

3.142

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Coeur d'Alene, ID has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.

The Location Quotient of 1.03 for Insurance Sales Agents in Coeur d'Alene, ID, signifies a market where the concentration of these professionals is just slightly above the national average. This indicates a healthy and competitive job market, with a steady presence of opportunities without being oversaturated, suggesting a balanced supply and demand dynamic.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

CitySalaryDist.
Spokane-Spokane Valley, WA Insurance Sales Agents Salary$65,810↓ 5%30 mi
Lewiston, ID-WA Insurance Sales Agents Salary$65,290↓ 6%91 mi

Comparing salaries near Coeur d'Alene, ID

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Coeur d'Alene, ID?

The median annual salary for a Insurance Sales Agents in Coeur d'Alene, ID is $69,630. This typically ranges from $38,000 for entry-level positions to $109,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Coeur d'Alene, ID is 14.6% lower than the national median of $81,510.

Is Coeur d'Alene, ID a lucrative place for Insurance Sales Agentss?

No, not significantly more lucrative than the national average.While the salary aligns with the national cost of living, the average annual pay of $69,630 is below the national average salary of $81,510 for Insurance Sales Agents.

Is Coeur d'Alene, ID a good place to live for Insurance Sales Agents?

The Cost of Living Index in Coeur d'Alene, ID is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Coeur d'Alene, ID?

Some top paying nearby cities include Spokane-Spokane Valley, WA ($65,810) and Lewiston, ID-WA.

How does the Coeur d'Alene salary compare to the national average?

The average annual salary for Insurance Sales Agents in Coeur d'Alene, ID, is $69,630, which is lower than the national average of $81,510.

What is the concentration of Insurance Sales Agents in Coeur d'Alene, ID?

The concentration, measured by the Location Quotient, is 1.03, indicating a presence of Insurance Sales Agents that is slightly above the national average.

How does the cost of living in Coeur d'Alene affect salary perception?

With a Cost of Living Index of 100, the national average, the $69,630 salary in Coeur d'Alene offers purchasing power equivalent to the national average, despite being below the national salary average.

What is the total number of Insurance Sales Agents in Coeur d'Alene, ID?

There are approximately 230 Insurance Sales Agents employed in Coeur d'Alene, ID.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Coeur d'Alene, ID area with a job density of 3.142 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Coeur d'Alene, ID