Average Insurance Sales Agents Salary in Greenville-Anderson-Greer, SC
Insurance Sales Agents in the Greenville-Anderson-Greer, SC area earn an average annual salary of $68,190. This figure is notably below the national average of $81,510, suggesting that local market dynamics, such as regional demand and the cost of doing business, play a significant role in compensation levels for this profession within the state.
Executive Summary
- Average Salary: $68,190 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,710.
- Outlook: The local job market for Insurance Sales Agents in Greenville-Anderson-Greer, SC, appears stable, with a total workforce of 1,290 individuals. The Location Quotient of 0.99 indicates that the concentration of these agents is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for their services within the region.
Salary Overview
The average Insurance Sales Agents in Greenville-Anderson-Greer, SC earns-16.3%below the national average.
$32.8
$1,311
$5,683
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 Greenville-Anderson-Greer, SC, have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This suggests a slowly expanding market where compensation likely keeps pace with evolving industry standards and cost of living adjustments.
Insurance Sales Agents Salary Distribution in Greenville-Anderson-Greer, SC
Salary progression for Insurance Sales Agents in Greenville-Anderson-Greer, SC, typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and advanced sales skills can command significantly higher salaries, often reaching into the upper percentiles of the $68,190 average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,840 | $14.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,143 | $24.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $51,900 | $25 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $85,238 | $41 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $101,710 | $48.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$68,190
Gross Pay
Real Wage (Purchasing Power)
$68,190
Adjusted for COL (100)
With an average annual salary of $68,190 and a Cost of Living Index of 100 (matching the national average), Insurance Sales Agents in Greenville-Anderson-Greer, SC, find their nominal earnings directly reflect the national standard of living. This means that the purchasing power of their salary is comparable to the average across the United States.
Job Market Context
1,290
Total Jobs
3.024
Per 1K Jobs
0.99
Location Quotient
Greenville-Anderson-Greer, SC has 0.99x 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 0.99 for Insurance Sales Agents in Greenville-Anderson-Greer, SC, signifies a market that is closely aligned with the national average in terms of professional concentration. This suggests a balanced job market where opportunities are neither exceptionally scarce nor oversaturated, providing a steady environment for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Spartanburg, SC Insurance Sales Agents Salary | $52,290↓ 23% | 26 mi |
| Asheville, NC Insurance Sales Agents Salary | $84,680↑ 24% | 52 mi |
| Athens-Clarke County, GA Insurance Sales Agents Salary | $95,530↑ 40% | 84 mi |
| Hickory-Lenoir-Morganton, NC Insurance Sales Agents Salary | $73,930↑ 8% | 86 mi |
| Charlotte-Concord-Gastonia, NC-SC Insurance Sales Agents Salary | $82,200↑ 21% | 90 mi |
Comparing salaries near Greenville-Anderson-Greer, SC
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Frequently Asked Questions
How much does a Insurance Sales Agents make in Greenville-Anderson-Greer, SC?
The median annual salary for a Insurance Sales Agents in Greenville-Anderson-Greer, SC is $68,190. This typically ranges from $30,840 for entry-level positions to $101,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greenville-Anderson-Greer, SC is 16.3% lower than the national median of $81,510.
Is Greenville-Anderson-Greer, SC a lucrative place for Insurance Sales Agents?
No, it is not exceptionally lucrative compared to the national average.The average salary of $68,190 is below the national average of $81,510, indicating less competitive compensation in this specific region.
Is Greenville-Anderson-Greer, SC a good place to live for Insurance Sales Agents?
The Cost of Living Index in Greenville-Anderson-Greer, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greenville-Anderson-Greer, SC?
Some top paying nearby cities include Spartanburg, SC ($52,290) and Asheville, NC.
How does the Greenville-Anderson-Greer, SC salary compare to the national average?
The average annual salary for Insurance Sales Agents in Greenville-Anderson-Greer, SC, is $68,190, which is lower than the national average of $81,510.
What is the concentration of Insurance Sales Agents in Greenville-Anderson-Greer, SC?
The concentration, measured by the Location Quotient, is 0.99, indicating that the density of Insurance Sales Agents in this area is very close to the national average.
How does the cost of living in Greenville-Anderson-Greer, SC affect salary perception?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $68,190 salary has purchasing power equivalent to the national average.
What is the total number of Insurance Sales Agents in the Greenville-Anderson-Greer, SC area?
There are approximately 1,290 Insurance Sales Agents employed in the Greenville-Anderson-Greer, SC 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 1,290 employees in the Greenville-Anderson-Greer, SC area with a job density of 3.024 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 Greenville-Anderson-Greer, SC