Average Insurance Sales Agents Salary in Elkhart-Goshen, IN
The average salary for a Insurance Sales Agents in Elkhart-Goshen, IN is $83,980. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $83,980 per year.
- Growth Trend: Salaries have shifted 76.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,390.
- 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 Elkhart-Goshen, IN economy.
Salary Overview
The average Insurance Sales Agents in Elkhart-Goshen, IN earns+3.0%above the national average.
$40.4
$1,615
$6,998
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Elkhart-Goshen, IN have experienced a rapid surge, growing by 76.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Elkhart-Goshen, IN
The earning potential for Insurance Sales Agentss in Elkhart-Goshen, IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $24,170, while highly experienced professionals can command wages upwards of $127,390.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $24,170 | $11.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $62,985 | $30.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,910 | $24 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $104,975 | $50.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $127,390 | $61.2 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$83,980
Gross Pay
Real Wage (Purchasing Power)
$83,980
Adjusted for COL (100)
In Elkhart-Goshen, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $83,980 to $83,980.
Job Market Context
110
Total Jobs
0.832
Per 1K Jobs
0.27
Location Quotient
At 0.27x, Elkhart-Goshen, IN has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
110 people work as Insurance Sales Agents in Elkhart-Goshen, IN.
Only 0.832 out of every 1,000 local jobs are Insurance Sales Agents roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Insurance Sales Agents Salary | $72,970↓ 13% | 16 mi |
| Niles, MI Insurance Sales Agents Salary | $67,370↓ 20% | 18 mi |
| Kalamazoo-Portage, MI Insurance Sales Agents Salary | $64,820↓ 23% | 45 mi |
| Michigan City-La Porte, IN Insurance Sales Agents Salary | $80,130↓ 5% | 47 mi |
| Battle Creek, MI Insurance Sales Agents Salary | $59,760↓ 29% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Elkhart-Goshen, IN?
The median annual salary for a Insurance Sales Agents in Elkhart-Goshen, IN is $83,980. This typically ranges from $24,170 for entry-level positions to $127,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 3.0% higher than the national median of $81,510.
Is Elkhart-Goshen, IN a good place for Insurance Sales Agentss?
Yes, Elkhart-Goshen, IN is financially attractive for Insurance Sales Agentss. The average salary of $83,980 exceeds the national average. See distinct detailed breakdown below.
Is Elkhart-Goshen, IN a good place to live for Insurance Sales Agents?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($72,970) and Niles, MI.
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 Elkhart-Goshen, IN area with a job density of 0.832 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 Elkhart-Goshen, IN