Average Insurance Sales Agents Salary in Eastern Washington nonmetropolitan area
Insurance Sales Agents in Eastern Washington's nonmetropolitan areas can expect an average annual salary of $64,710. This figure is notably below the national average of $81,510, reflecting regional economic factors and potentially a different market dynamic. The compensation structure in this area is likely influenced by local demand, industry concentration, and the overall economic landscape of nonmetropolitan Eastern Washington.
Executive Summary
- Average Salary: $64,710 per year.
- Growth Trend: Salaries have shifted 9.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $85,160.
- Outlook: The job market for Insurance Sales Agents in Eastern Washington's nonmetropolitan areas appears stable, albeit with a smaller footprint compared to national averages. With a total local workforce of 260 and a Location Quotient of 0.78, the concentration of these roles is slightly below the national benchmark. This suggests a steady, rather than rapidly expanding, demand for insurance professionals in this region.
Salary Overview
The average Insurance Sales Agents in Eastern Washington nonmetropolitan area earns-20.6%below the national average.
$31.1
$1,244
$5,393
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is reasonable to assume that salaries for Insurance Sales Agents in Eastern Washington have seen gradual growth over the past four years, mirroring national trends. Economic recovery and evolving insurance needs likely contribute to a modest upward trajectory in compensation, even in less densely populated regions.
Insurance Sales Agents Salary Distribution in Eastern Washington nonmetropolitan area
Career progression for Insurance Sales Agents in Eastern Washington typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and established client base can command significantly higher salaries. The percentile gaps in earnings between junior and senior agents highlight the substantial earning potential tied to expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,760 | $18.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,533 | $23.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $48,050 | $23.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $80,888 | $38.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $85,160 | $40.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$64,710
Gross Pay
Real Wage (Purchasing Power)
$64,710
Adjusted for COL (100)
The average annual salary of $64,710 in Eastern Washington's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the take-home pay relatively stable in terms of local expenses.
Job Market Context
260
Total Jobs
2.361
Per 1K Jobs
0.78
Location Quotient
Eastern Washington 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 Eastern Washington's nonmetropolitan areas is less concentrated than the national average. This indicates that while opportunities exist, the field is not as saturated as in major metropolitan hubs, potentially offering a more accessible entry point for new agents or those seeking a less competitive environment.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Seattle-Tacoma-Bellevue, WA Insurance Sales Agents Salary | $85,210↑ 32% | 42 mi |
| Wenatchee-East Wenatchee, WA Insurance Sales Agents Salary | $62,680↓ 3% | 54 mi |
| Bremerton-Silverdale-Port Orchard, WA Insurance Sales Agents Salary | $55,380↓ 14% | 58 mi |
| Olympia-Lacey-Tumwater, WA Insurance Sales Agents Salary | $82,400↑ 27% | 70 mi |
| Yakima, WA Insurance Sales Agents Salary | $57,550↓ 11% | 71 mi |
Comparing salaries near Eastern Washington nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Eastern Washington nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Eastern Washington nonmetropolitan area is $64,710. This typically ranges from $37,760 for entry-level positions to $85,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern Washington nonmetropolitan area is 20.6% lower than the national median of $81,510.
Is Eastern Washington nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, not compared to the national average.The average salary of $64,710 is significantly lower than the national average of $81,510. However, the cost of living is also at the national average, meaning the purchasing power of the salary is comparable.
Is Eastern Washington nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Eastern Washington nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern Washington nonmetropolitan area?
Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($85,210) and Wenatchee-East Wenatchee, WA.
How does the number of Insurance Sales Agents compare nationally?
With 2.361 jobs per 1,000 workers, the concentration of Insurance Sales Agents in this nonmetropolitan Eastern Washington area is slightly below the national average, indicated by a Location Quotient of 0.78.
What is the total number of Insurance Sales Agents in this region?
The total local workforce for Insurance Sales Agents in this Eastern Washington nonmetropolitan area consists of approximately 260 professionals.
Does experience impact an Insurance Sales Agent's salary in Eastern Washington?
Yes, experience is a key factor. Senior agents with established clienteles typically earn substantially more than entry-level professionals, reflecting a clear career progression path.
How does the cost of living affect the $64,710 salary?
The cost of living in this region is exactly at the national average (100). This means the $64,710 salary offers purchasing power equivalent to the national average, despite being lower than the national salary benchmark.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Eastern Washington nonmetropolitan area area with a job density of 2.361 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 Eastern Washington nonmetropolitan area