Average Insurance Sales Agents Salary in Greensboro-High Point, NC
Insurance Sales Agents in Greensboro-High Point, NC, command an impressive average annual salary of $88,990, surpassing the national average of $81,510. This elevated compensation reflects the specific economic dynamics and demand within the Greensboro-High Point metropolitan area, suggesting a robust local market for insurance professionals.
Executive Summary
- Average Salary: $88,990 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $167,320.
- Outlook: The Greensboro-High Point area supports a local workforce of 990 Insurance Sales Agents. While the location quotient of 0.91 indicates a concentration slightly below the national average, the presence of nearly a thousand professionals suggests a stable and established job market with ongoing opportunities for skilled agents.
Salary Overview
The average Insurance Sales Agents in Greensboro-High Point, NC earns+9.2%above the national average.
$42.8
$1,711
$7,416
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Insurance Sales Agents in Greensboro-High Point have experienced growth over the past four years, mirroring national trends. Factors such as inflation, evolving insurance products, and increasing demand for financial security likely contribute to a positive salary trajectory.
Insurance Sales Agents Salary Distribution in Greensboro-High Point, NC
Salary progression for Insurance Sales Agents in Greensboro-High Point typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned agents with proven sales records and specialized knowledge can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $39,690 | $19.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $66,743 | $32.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $69,360 | $33.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $111,238 | $53.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $167,320 | $80.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$88,990
Gross Pay
Real Wage (Purchasing Power)
$88,990
Adjusted for COL (100)
With an average annual salary of $88,990 and a cost of living index precisely at the national average of 100, Greensboro-High Point, NC, offers strong purchasing power for Insurance Sales Agents. This means that the nominal salary translates directly into a comparable standard of living to the national average, making it an attractive location from a financial perspective.
Job Market Context
990
Total Jobs
2.768
Per 1K Jobs
0.91
Location Quotient
Greensboro-High Point, NC has 0.91x 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.
The location quotient of 0.91 for Insurance Sales Agents in Greensboro-High Point suggests a market that is closely aligned with the national average in terms of concentration. This indicates a healthy, albeit not exceptionally dense, presence of these professionals, implying a balanced competitive landscape with consistent demand for talent.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Burlington, NC Insurance Sales Agents Salary | $68,500↓ 23% | 20 mi |
| Winston-Salem, NC Insurance Sales Agents Salary | $75,770↓ 15% | 23 mi |
| Eastern North Carolina nonmetropolitan area Insurance Sales Agents Salary | $62,910↓ 29% | 32 mi |
| Western North Carolina nonmetropolitan area Insurance Sales Agents Salary | $57,170↓ 36% | 32 mi |
| Central North Carolina nonmetropolitan area Insurance Sales Agents Salary | $55,390↓ 38% | 32 mi |
Comparing salaries near Greensboro-High Point, NC
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Greensboro-High Point, NC?
The median annual salary for a Insurance Sales Agents in Greensboro-High Point, NC is $88,990. This typically ranges from $39,690 for entry-level positions to $167,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greensboro-High Point, NC is 9.2% higher than the national median of $81,510.
Is Greensboro-High Point, NC a lucrative place for Insurance Sales Agents?
Yes, it is a lucrative place for Insurance Sales Agents.The average salary of $88,990 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Greensboro-High Point, NC a good place to live for Insurance Sales Agents?
The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greensboro-High Point, NC?
Some top paying nearby cities include Burlington, NC ($68,500) and Winston-Salem, NC.
How does the Greensboro-High Point salary compare to the national average?
The average annual salary for Insurance Sales Agents in Greensboro-High Point, NC, is $88,990, which is higher than the national average of $81,510.
What is the concentration of Insurance Sales Agents in Greensboro-High Point?
The location quotient is 0.91, indicating that the concentration of Insurance Sales Agents in Greensboro-High Point is slightly below the national average.
How does the cost of living in Greensboro-High Point affect the salary?
The cost of living index is 100, which is the national average. This means the $88,990 salary offers a standard of living equivalent to the national average.
What is the total number of Insurance Sales Agents in Greensboro-High Point?
There are approximately 990 Insurance Sales Agents working in the Greensboro-High Point metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 990 employees in the Greensboro-High Point, NC area with a job density of 2.768 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 Greensboro-High Point, NC