Average Insurance Sales Agents Salary in Crestview-Fort Walton Beach-Destin, FL
Insurance Sales Agents in the Crestview-Fort Walton Beach-Destin, FL area earn an average annual salary of $81,730. This figure is slightly above the national average of $81,510, indicating a stable and competitive market. Local economic factors and the specific demand within this Florida region contribute to this compensation.
Executive Summary
- Average Salary: $81,730 per year.
- Growth Trend: Salaries have shifted 69.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,070.
- Outlook: With a total local workforce of 410 Insurance Sales Agents, the Crestview-Fort Walton Beach-Destin, FL area demonstrates a solid presence in this sector. The location quotient of 1.07 suggests a concentration of these roles slightly above the national average, pointing to a healthy and potentially growing demand for insurance professionals in this locale.
Salary Overview
The average Insurance Sales Agents in Crestview-Fort Walton Beach-Destin, FL earns+0.3%above the national average.
$39.3
$1,572
$6,811
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Insurance Sales Agents in Crestview-Fort Walton Beach-Destin, FL has seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, evolving insurance markets, and increased demand for financial protection likely contribute to upward salary adjustments.
Insurance Sales Agents Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
Salary progression for Insurance Sales Agents typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and extensive client networks can command salaries in the higher percentiles. The gap between entry-level and senior roles highlights substantial career growth opportunities and earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,270 | $17.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $61,298 | $29.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $61,660 | $29.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $102,163 | $49.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $137,070 | $65.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$81,730
Gross Pay
Real Wage (Purchasing Power)
$81,730
Adjusted for COL (100)
The average annual salary of $81,730 in Crestview-Fort Walton Beach-Destin, FL aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in this area is equivalent to the national standard, offering stability for those considering a move.
Job Market Context
410
Total Jobs
3.264
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Crestview-Fort Walton Beach-Destin, FL has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
The location quotient of 1.07 for Insurance Sales Agents in Crestview-Fort Walton Beach-Destin, FL indicates a job market that is slightly more concentrated than the national average. This suggests a healthy demand and a competitive environment where employers actively seek skilled insurance professionals, making it a potentially favorable market for job seekers.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Insurance Sales Agents Salary | $77,380↓ 5% | 42 mi |
| Panama City-Panama City Beach, FL Insurance Sales Agents Salary | $100,890↑ 23% | 69 mi |
| Daphne-Fairhope-Foley, AL Insurance Sales Agents Salary | $77,220↓ 6% | 78 mi |
| Mobile, AL Insurance Sales Agents Salary | $80,430↓ 2% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Insurance Sales Agents in Crestview-Fort Walton Beach-Destin, FL is $81,730. This typically ranges from $37,270 for entry-level positions to $137,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 0.3% higher than the national median of $81,510.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for Insurance Sales Agentss?
Yes, it offers competitive compensation.The average salary of $81,730 is slightly higher than the national average, and the cost of living is on par, making it a financially stable location for insurance professionals.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Insurance Sales Agents?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($77,380) and Panama City-Panama City Beach, FL.
How does the local workforce size impact job opportunities?
A local workforce of 410 Insurance Sales Agents suggests a substantial and established presence in the market, indicating consistent opportunities for both new entrants and experienced professionals.
What does a Location Quotient of 1.07 mean for Insurance Sales Agents?
A Location Quotient of 1.07 signifies that Insurance Sales Agents are slightly more concentrated in Crestview-Fort Walton Beach-Destin, FL compared to the national average, implying a robust demand for their services.
How does the cost of living affect the salary of an Insurance Sales Agent in this area?
With a Cost of Living Index of 100, the average salary of $81,730 provides purchasing power equivalent to the national average, ensuring that the compensation is well-aligned with local expenses.
Are there many jobs per 1,000 workers for Insurance Sales Agents in Crestview-Fort Walton Beach-Destin, FL?
With 3.264 jobs per 1,000 workers, the rate is favorable, indicating a good availability of positions relative to the overall workforce size in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 3.264 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 Crestview-Fort Walton Beach-Destin, FL