Average Insurance Sales Agents Salary in Decatur, IL
The average salary for Insurance Sales Agentss in Decatur, IL is $64,390. While this is lower than the national average, the cost of living in Decatur, IL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $64,390 per year.
- Growth Trend: Salaries have shifted 25.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $146,500.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Decatur, IL economy.
Salary Overview
The average Insurance Sales Agents in Decatur, IL earns-21.0%below the national average.
$31
$1,238
$5,366
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Decatur, IL have experienced a rapid surge, growing by 25.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Decatur, IL
The earning potential for Insurance Sales Agentss in Decatur, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $34,120, while highly experienced professionals can command wages upwards of $146,500.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,120 | $16.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,293 | $23.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,610 | $23.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $80,488 | $38.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $146,500 | $70.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$64,390
Gross Pay
Real Wage (Purchasing Power)
$64,390
Adjusted for COL (100)
In Decatur, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $64,390 to $64,390.
Job Market Context
50
Total Jobs
1.142
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Decatur, IL has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
50 people work as Insurance Sales Agents in Decatur, IL.
1.142 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. |
|---|---|---|
| West Central Illinois nonmetropolitan area Insurance Sales Agents Salary | $77,350↑ 20% | 34 mi |
| East Central Illinois nonmetropolitan area Insurance Sales Agents Salary | $65,930↑ 2% | 34 mi |
| Northwest Illinois nonmetropolitan area Insurance Sales Agents Salary | $58,720↓ 9% | 34 mi |
| South Illinois nonmetropolitan area Insurance Sales Agents Salary | $60,260↓ 6% | 34 mi |
| Springfield, IL Insurance Sales Agents Salary | $66,850↑ 4% | 39 mi |
Comparing salaries near Decatur, IL
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Decatur, IL?
The median annual salary for a Insurance Sales Agents in Decatur, IL is $64,390. This typically ranges from $34,120 for entry-level positions to $146,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Decatur, IL is 21.0% lower than the national median of $81,510.
Is Decatur, IL a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Decatur, IL is $64,390 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Decatur, IL. See distinct detailed breakdown below.
Is Decatur, IL a good place to live for Insurance Sales Agents?
The Cost of Living Index in Decatur, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Decatur, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($77,350) and East 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 50 employees in the Decatur, IL area with a job density of 1.142 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 Decatur, IL