Average Insurance Sales Agents Salary in Grand Forks, ND-MN
The average salary for a Insurance Sales Agents in Grand Forks, ND-MN is $80,760. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $80,760 per year.
- Growth Trend: Salaries have shifted 0.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $146,570.
- 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 Grand Forks, ND-MN economy.
Salary Overview
The average Insurance Sales Agents in Grand Forks, ND-MN earns-0.9%below the national average.
$38.8
$1,553
$6,730
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Grand Forks, ND-MN have remained stable with a modest increase of 0.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Grand Forks, ND-MN
The earning potential for Insurance Sales Agentss in Grand Forks, ND-MN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $45,090, while highly experienced professionals can command wages upwards of $146,570.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $45,090 | $21.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $60,570 | $29.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $64,180 | $30.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $100,950 | $48.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $146,570 | $70.5 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$80,760
Gross Pay
Real Wage (Purchasing Power)
$80,760
Adjusted for COL (100)
In Grand Forks, ND-MN, the Cost of Living Index is 100. This increases your effective purchasing power from $80,760 to $80,760.
Job Market Context
110
Total Jobs
2.153
Per 1K Jobs
0.71
Location Quotient
Grand Forks, ND-MN has 0.71x 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.
110 people work as Insurance Sales Agents in Grand Forks, ND-MN.
Moderate density — roughly 2.153 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Fargo, ND-MN Insurance Sales Agents Salary | $86,860↑ 8% | 74 mi |
Comparing salaries near Grand Forks, ND-MN
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Grand Forks, ND-MN?
The median annual salary for a Insurance Sales Agents in Grand Forks, ND-MN is $80,760. This typically ranges from $45,090 for entry-level positions to $146,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Forks, ND-MN is 0.9% lower than the national median of $81,510.
Is Grand Forks, ND-MN a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Grand Forks, ND-MN is $80,760 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Grand Forks, ND-MN. See distinct detailed breakdown below.
Is Grand Forks, ND-MN a good place to live for Insurance Sales Agents?
The Cost of Living Index in Grand Forks, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Forks, ND-MN?
Some top paying nearby cities include Fargo, ND-MN ($86,860) and others.
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 Grand Forks, ND-MN area with a job density of 2.153 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Sales Agents Salaries by State
Top Jobs in Grand Forks, ND-MN
- All Occupations Salary in Grand Forks, ND-MN
- Office and Administrative Support Occupations Salary in Grand Forks, ND-MN
- Food Preparation and Serving Related Occupations Salary in Grand Forks, ND-MN
- Transportation and Material Moving Occupations Salary in Grand Forks, ND-MN
- Sales and Related Occupations Salary in Grand Forks, ND-MN
- Educational Instruction and Library Occupations Salary in Grand Forks, ND-MN
- Healthcare Practitioners and Technical Occupations Salary in Grand Forks, ND-MN
- Production Occupations Salary in Grand Forks, ND-MN
- Management Occupations Salary in Grand Forks, ND-MN
- Construction and Extraction Occupations Salary in Grand Forks, ND-MN
- Browse All Jobs in Grand Forks, ND-MN →
Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Grand Forks, ND-MN