Average Insurance Sales Agents Salary in Green Bay, WI
Insurance Sales Agents in Green Bay, WI, command an impressive average annual salary of $95,570, significantly surpassing the national average of $81,510. This elevated compensation reflects the specific economic dynamics and demand within the Green Bay metropolitan area, suggesting a robust local market for these professionals.
Executive Summary
- Average Salary: $95,570 per year.
- Growth Trend: Salaries have shifted 43.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $156,380.
- Outlook: With a total local workforce of 460 Insurance Sales Agents, Green Bay presents a moderately sized but stable employment landscape for this profession. The location quotient of 0.89 indicates a concentration slightly below the national average, suggesting that while the field is established, there may be room for growth and opportunity for skilled agents entering the market.
Salary Overview
The average Insurance Sales Agents in Green Bay, WI earns+17.2%above the national average.
$46
$1,838
$7,964
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Insurance Sales Agents in Green Bay have experienced consistent growth over the past four years, mirroring national trends. Factors such as evolving insurance products, increased demand for financial planning, and inflation likely contribute to a positive salary trajectory for dedicated professionals in this field.
Insurance Sales Agents Salary Distribution in Green Bay, WI
The salary trajectory for Insurance Sales Agents in Green Bay, WI, typically shows a significant increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned agents with proven track records and specialized knowledge can command salaries in the upper percentiles, often exceeding $110,000 annually. These percentile gaps clearly signify substantial career progression opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $45,850 | $22 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $71,678 | $34.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $74,740 | $35.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $119,463 | $57.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $156,380 | $75.2 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$95,570
Gross Pay
Real Wage (Purchasing Power)
$95,570
Adjusted for COL (100)
The average annual salary of $95,570 in Green Bay, WI, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Insurance Sales Agent's income in Green Bay is equivalent to the national average, offering a stable financial footing without the added pressure of a higher cost of living.
Job Market Context
460
Total Jobs
2.698
Per 1K Jobs
0.89
Location Quotient
Green Bay, WI has 0.89x 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 0.89 for Insurance Sales Agents in Green Bay, WI, suggests that the concentration of these professionals is slightly lower than the national average. This indicates a potentially less saturated market compared to national hubs, which could translate into more accessible opportunities for new agents and a competitive environment for experienced professionals seeking to establish or advance their careers.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Appleton, WI Insurance Sales Agents Salary | $79,890↓ 16% | 26 mi |
| Oshkosh-Neenah, WI Insurance Sales Agents Salary | $96,490↑ 1% | 44 mi |
| Sheboygan, WI Insurance Sales Agents Salary | $76,780↓ 20% | 55 mi |
| Fond du Lac, WI Insurance Sales Agents Salary | $110,650↑ 16% | 56 mi |
| South Central Wisconsin nonmetropolitan area Insurance Sales Agents Salary | $72,320↓ 24% | 82 mi |
Comparing salaries near Green Bay, WI
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Frequently Asked Questions
How much does a Insurance Sales Agents make in Green Bay, WI?
The median annual salary for a Insurance Sales Agents in Green Bay, WI is $95,570. This typically ranges from $45,850 for entry-level positions to $156,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Green Bay, WI is 17.2% higher than the national median of $81,510.
Is Green Bay, WI a lucrative place for Insurance Sales Agentss?
Yes, Green Bay, WI offers a lucrative environment for Insurance Sales Agents.The average salary of $95,570 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing the real value of earnings.
Is Green Bay, WI a good place to live for Insurance Sales Agents?
The Cost of Living Index in Green Bay, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Green Bay, WI?
Some top paying nearby cities include Appleton, WI ($79,890) and Oshkosh-Neenah, WI.
How does Green Bay's Insurance Sales Agent salary compare to the national average?
Insurance Sales Agents in Green Bay earn an average of $95,570 annually, which is notably higher than the national average of $81,510.
What is the concentration of Insurance Sales Agents in Green Bay compared to the rest of the country?
Green Bay has a location quotient of 0.89 for Insurance Sales Agents, indicating a slightly lower concentration than the national average.
How does the cost of living in Green Bay affect the salary?
With a cost of living index of 100, Green Bay's living expenses are average nationally, meaning the $95,570 salary offers standard purchasing power.
What does the number of jobs per 1,000 workers suggest for Insurance Sales Agents in Green Bay?
With 2.698 jobs per 1,000 workers, the data suggests a steady presence and demand for Insurance Sales Agents within 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 460 employees in the Green Bay, WI area with a job density of 2.698 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 Green Bay, WI