Average Insurance Sales Agents Salary in Flint, MI
Insurance Sales Agents in Flint, MI earn an average annual salary of $64,220. This figure is notably below the national average of $81,510. Local economic factors and the specific demand within the Flint market contribute to this salary differential.
Executive Summary
- Average Salary: $64,220 per year.
- Growth Trend: Salaries have shifted 2.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,940.
- Outlook: With a total local workforce of 390 Insurance Sales Agents, Flint, MI presents a stable, albeit not exceptionally concentrated, job market for this profession. The location quotient of 0.96 suggests that the concentration of these roles is very close to the national average, indicating a steady demand that aligns with broader industry trends.
Salary Overview
The average Insurance Sales Agents in Flint, MI earns-21.2%below the national average.
$30.9
$1,235
$5,352
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Insurance Sales Agent salaries in Flint, MI have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, evolving insurance needs, and inflation likely contribute to a modest upward trajectory in compensation for experienced professionals in this field.
Insurance Sales Agents Salary Distribution in Flint, MI
Salary progression for Insurance Sales Agents in Flint, MI typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned agents with a proven track record and established client base can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant career growth potential and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,070 | $17.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,165 | $23.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,830 | $24 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $80,275 | $38.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $102,940 | $49.5 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$64,220
Gross Pay
Real Wage (Purchasing Power)
$64,220
Adjusted for COL (100)
The average annual salary of $64,220 in Flint, MI aligns precisely with the national average cost of living index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in Flint is equivalent to the national average, offering a balanced financial landscape for residents.
Job Market Context
390
Total Jobs
2.91
Per 1K Jobs
0.96
Location Quotient
Flint, MI has 0.96x 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.
A location quotient of 0.96 indicates that Flint, MI has a slightly lower concentration of Insurance Sales Agents compared to the national average. This suggests that while the market is stable and comparable to national levels, there isn't an oversupply of agents, potentially offering a competitive environment for skilled professionals.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Saginaw, MI Insurance Sales Agents Salary | $65,040↑ 1% | 30 mi |
| Bay City, MI Insurance Sales Agents Salary | $56,340↓ 12% | 40 mi |
| Mid Michigan nonmetropolitan area Insurance Sales Agents Salary | $61,050↓ 5% | 47 mi |
| Southern Michigan nonmetropolitan area Insurance Sales Agents Salary | $69,670↑ 8% | 47 mi |
| Northern Michigan nonmetropolitan area Insurance Sales Agents Salary | $67,300↑ 5% | 47 mi |
Comparing salaries near Flint, MI
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Frequently Asked Questions
How much does a Insurance Sales Agents make in Flint, MI?
The median annual salary for a Insurance Sales Agents in Flint, MI is $64,220. This typically ranges from $36,070 for entry-level positions to $102,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Flint, MI is 21.2% lower than the national median of $81,510.
Is Flint, MI a lucrative place for Insurance Sales Agents?
No, not significantly more lucrative than the national average.The average salary of $64,220 is below the national average of $81,510, although the cost of living is on par with the national average.
Is Flint, MI a good place to live for Insurance Sales Agents?
The Cost of Living Index in Flint, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Flint, MI?
Some top paying nearby cities include Saginaw, MI ($65,040) and Bay City, MI.
How does Flint's cost of living compare to the national average?
Flint, MI has a cost of living index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the concentration of Insurance Sales Agents in Flint, MI?
The concentration of Insurance Sales Agents in Flint, MI, measured by the location quotient, is 0.96. This is very close to the national average of 1.0, indicating a similar level of industry presence.
How many Insurance Sales Agents are there in Flint, MI?
There are approximately 390 Insurance Sales Agents employed in Flint, MI, representing 2.91 jobs per 1,000 workers in the local economy.
Can experience significantly increase an Insurance Sales Agent's salary in Flint?
Yes, experience is a key factor in salary growth for Insurance Sales Agents. As agents gain more experience, build client relationships, and achieve higher sales volumes, their earning potential increases substantially, moving them into higher salary percentiles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Flint, MI area with a job density of 2.91 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 Flint, MI