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Average Insurance Sales Agents Salary in Connecticut nonmetropolitan area

Yes, Connecticut nonmetropolitan area is a highly lucrative market for Insurance Sales Agentss. With an average annual salary of $103,130, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $103,130 per year.
  • Growth Trend: Salaries have shifted 20.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,695.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Connecticut nonmetropolitan area economy.
2024 Market Data

Salary Overview

$103,130

The average Insurance Sales Agents in Connecticut nonmetropolitan area earns+26.5%above the national average.

BreakdownBased on 40h/week
Hourly

$49.6

Weekly

$1,983

Monthly

$8,594

Insurance Sales Agents Salary Distribution in Connecticut nonmetropolitan area

The earning potential for Insurance Sales Agentss in Connecticut nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $38,760, while highly experienced professionals can command wages upwards of $154,695.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$38,760$18.6
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$77,348$37.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$62,100$29.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$128,913$62
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$154,695$74.4

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$103,130

Gross Pay

Real Wage (Purchasing Power)

$103,130

Adjusted for COL (100)

In Connecticut nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $103,130 to $103,130.

Job Market Context

110

Total Jobs

1.725

Per 1K Jobs

0.57

Location Quotient

Below Average

Connecticut nonmetropolitan area has 0.57x 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.

110 people work as Insurance Sales Agents in Connecticut nonmetropolitan area.

1.725 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 Connecticut nonmetropolitan area

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Connecticut nonmetropolitan area?

The median annual salary for a Insurance Sales Agents in Connecticut nonmetropolitan area is $103,130. This typically ranges from $38,760 for entry-level positions to $154,695 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Connecticut nonmetropolitan area is 26.5% higher than the national median of $81,510.

Is Connecticut nonmetropolitan area a good place for Insurance Sales Agentss?

Yes, Connecticut nonmetropolitan area is financially attractive for Insurance Sales Agentss. The average salary of $103,130 exceeds the national average. See distinct detailed breakdown below.

Is Connecticut nonmetropolitan area a good place to live for Insurance Sales Agents?

The Cost of Living Index in Connecticut nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Connecticut nonmetropolitan area?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($111,340) and Waterbury-Shelton, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Connecticut nonmetropolitan area area with a job density of 1.725 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.