Average Insurance Sales Agents Salary in Eau Claire, WI
Insurance Sales Agents in Eau Claire, WI, earn an average annual salary of $77,180. This figure is slightly below the national average of $81,510, suggesting local market dynamics and demand play a significant role in compensation within this Midwestern city. Factors such as the regional economic climate and the specific needs of the local population contribute to this pay scale.
Executive Summary
- Average Salary: $77,180 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,480.
- Outlook: With a total local workforce of 260 Insurance Sales Agents, Eau Claire presents a stable, albeit niche, job market. The location quotient of 1.0 indicates that the concentration of these professionals in Eau Claire is precisely in line with the national average. This suggests a steady demand that matches the overall U.S. employment landscape for this role, implying consistent opportunities for skilled agents.
Salary Overview
The average Insurance Sales Agents in Eau Claire, WI earns-5.3%below the national average.
$37.1
$1,484
$6,432
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for Eau Claire is not provided, it's reasonable to assume that salaries for Insurance Sales Agents have seen a gradual upward trend over the past four years, mirroring national patterns. Economic recovery, evolving insurance needs, and inflation typically drive salary increases in most professional fields, including insurance sales.
Insurance Sales Agents Salary Distribution in Eau Claire, WI
The career trajectory for Insurance Sales Agents in Eau Claire, as elsewhere, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with established client bases and advanced sales skills can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career progression.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $45,780 | $22 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,885 | $27.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $61,320 | $29.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $96,475 | $46.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $119,480 | $57.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$77,180
Gross Pay
Real Wage (Purchasing Power)
$77,180
Adjusted for COL (100)
The average annual salary of $77,180 in Eau Claire, WI, 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 Eau Claire is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
260
Total Jobs
3.046
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Eau Claire, WI has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
A location quotient of 1.0 for Insurance Sales Agents in Eau Claire signifies that the industry's presence and employment concentration are directly proportional to the national average. This indicates a balanced market where the number of available agents aligns with the demand for their services, suggesting a competitive yet accessible environment for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| La Crosse-Onalaska, WI-MN Insurance Sales Agents Salary | $86,530↑ 12% | 70 mi |
| Rochester, MN Insurance Sales Agents Salary | $95,610↑ 24% | 74 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Insurance Sales Agents Salary | $104,910↑ 36% | 87 mi |
| Wausau, WI Insurance Sales Agents Salary | $70,300↓ 9% | 91 mi |
Comparing salaries near Eau Claire, WI
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Eau Claire, WI?
The median annual salary for a Insurance Sales Agents in Eau Claire, WI is $77,180. This typically ranges from $45,780 for entry-level positions to $119,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eau Claire, WI is 5.3% lower than the national median of $81,510.
Is Eau Claire, WI a lucrative place for Insurance Sales Agents?
Yes, Eau Claire, WI offers a balanced financial environment for Insurance Sales Agents.The average salary of $77,180 is on par with the national average cost of living, providing stable purchasing power. While the salary is slightly below the national average for the role, the cost of living parity makes it a financially sound location.
Is Eau Claire, WI a good place to live for Insurance Sales Agents?
The Cost of Living Index in Eau Claire, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eau Claire, WI?
Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($86,530) and Rochester, MN.
How does Eau Claire's average salary compare to the national average?
The average annual salary for Insurance Sales Agents in Eau Claire, WI is $77,180, which is slightly lower than the national average of $81,510.
What is the cost of living in Eau Claire, WI for Insurance Sales Agents?
The cost of living index in Eau Claire, WI is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the United States.
How concentrated is the Insurance Sales Agent job market in Eau Claire?
The job market concentration, measured by the location quotient, is 1.0, which is equal to the national average. This suggests a balanced presence of Insurance Sales Agents relative to the national landscape.
What is the total number of Insurance Sales Agents in Eau Claire?
There are approximately 260 Insurance Sales Agents employed in Eau Claire, WI, representing a stable segment of the local workforce.
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 Eau Claire, WI area with a job density of 3.046 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 Eau Claire, WI