Average Insurance Sales Agents Salary in Eugene-Springfield, OR
Insurance Sales Agents in Eugene-Springfield, OR, earn an average annual salary of $71,150. This figure is notably below the national average of $81,510, suggesting that local market dynamics and potentially regional economic factors influence compensation for this role. While the pay is lower than the national benchmark, understanding the cost of living and job concentration is crucial for a complete picture.
Executive Summary
- Average Salary: $71,150 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,890.
- Outlook: The Eugene-Springfield area supports a dedicated workforce of 520 Insurance Sales Agents. With a Location Quotient of 1.09, this indicates a slightly higher concentration of these professionals compared to the national average. This suggests a stable, albeit not rapidly expanding, demand for insurance sales expertise within the region, providing a consistent employment landscape for agents.
Salary Overview
The average Insurance Sales Agents in Eugene-Springfield, OR earns-12.7%below the national average.
$34.2
$1,368
$5,929
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for Eugene-Springfield is not provided, it's reasonable to assume that salaries for Insurance Sales Agents have seen modest 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 a gradual upward trajectory in earnings for experienced professionals in this field.
Insurance Sales Agents Salary Distribution in Eugene-Springfield, OR
Salary progression for Insurance Sales Agents in Eugene-Springfield, OR, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned agents with a proven track record and established client base can command significantly higher salaries. The percentile gaps in earnings reflect this career trajectory, rewarding expertise and sales performance.
| 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) | $53,363 | $25.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $60,920 | $29.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $88,938 | $42.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $104,890 | $50.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$71,150
Gross Pay
Real Wage (Purchasing Power)
$71,150
Adjusted for COL (100)
The average annual salary of $71,150 for Insurance Sales Agents in Eugene-Springfield aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an agent's salary in this area is equivalent to the national average. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may offer comparable lifestyle stability.
Job Market Context
520
Total Jobs
3.305
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Eugene-Springfield, OR has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
The Location Quotient of 1.09 for Insurance Sales Agents in Eugene-Springfield signifies a market where this profession is slightly more prevalent than the national average. This suggests a healthy, competitive environment with a solid base of opportunities. While not an overwhelmingly saturated market, the concentration indicates a consistent need for skilled agents, making it a viable location for those entering or continuing their careers in insurance sales.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Corvallis, OR Insurance Sales Agents Salary | $59,400↓ 17% | 36 mi |
| Albany, OR Insurance Sales Agents Salary | $64,890↓ 9% | 39 mi |
| Salem, OR Insurance Sales Agents Salary | $95,950↑ 35% | 60 mi |
| Coast Oregon nonmetropolitan area Insurance Sales Agents Salary | $58,770↓ 17% | 63 mi |
| Eastern Oregon nonmetropolitan area Insurance Sales Agents Salary | $72,230↑ 2% | 63 mi |
Comparing salaries near Eugene-Springfield, OR
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Eugene-Springfield, OR?
The median annual salary for a Insurance Sales Agents in Eugene-Springfield, OR is $71,150. This typically ranges from $37,270 for entry-level positions to $104,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eugene-Springfield, OR is 12.7% lower than the national median of $81,510.
Is Eugene-Springfield, OR a lucrative place for Insurance Sales Agentss?
No, but it offers stable opportunities.The average salary of $71,150 is below the national average, but the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The slightly higher concentration of agents (LQ 1.09) indicates a stable job market.
Is Eugene-Springfield, OR a good place to live for Insurance Sales Agents?
The Cost of Living Index in Eugene-Springfield, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eugene-Springfield, OR?
Some top paying nearby cities include Corvallis, OR ($59,400) and Albany, OR.
How does the Eugene-Springfield salary compare to the national average?
The average annual salary for Insurance Sales Agents in Eugene-Springfield, OR, is $71,150, which is lower than the national average of $81,510.
What is the Cost of Living in Eugene-Springfield, OR?
The Cost of Living Index in Eugene-Springfield, OR, is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How many Insurance Sales Agents are there in Eugene-Springfield, OR?
There are approximately 520 Insurance Sales Agents employed in the Eugene-Springfield, OR area.
Is the concentration of Insurance Sales Agents high in Eugene-Springfield, OR?
Yes, the Location Quotient of 1.09 suggests a slightly higher concentration of Insurance Sales Agents in Eugene-Springfield, OR, compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Eugene-Springfield, OR area with a job density of 3.305 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 Eugene-Springfield, OR