Average Insurance Sales Agents Salary in Hill Country Region of Texas nonmetropolitan area
Insurance Sales Agents in the Hill Country Region of Texas nonmetropolitan area earn an average annual salary of $55,730. This figure is notably lower than the national average of $81,510, reflecting the economic dynamics and potentially lower demand or different market structures prevalent in nonmetropolitan areas compared to national hubs. The specific economic landscape and industry concentration within this region significantly influence compensation levels for insurance professionals.
Executive Summary
- Average Salary: $55,730 per year.
- Growth Trend: Salaries have shifted 8.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,050.
- Outlook: The job market for Insurance Sales Agents in the Hill Country Region appears stable, with a total local workforce of 420 individuals. The Location Quotient of 0.71 suggests a slightly lower concentration of these roles compared to the national average, indicating that while the profession is present, it is not a dominant sector within the region's employment landscape. The rate of 2.152 jobs per 1,000 workers further contextualizes the presence of these roles within the broader regional economy.
Salary Overview
The average Insurance Sales Agents in Hill Country Region of Texas nonmetropolitan area earns-31.6%below the national average.
$26.8
$1,072
$4,644
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for the Hill Country Region is not provided, it is generally assumed that salaries for Insurance Sales Agents across the United States, including nonmetropolitan areas, have experienced a gradual upward trend over the past four years. This growth is typically driven by inflation, increasing demand for insurance products, and the evolving complexity of insurance services, leading to modest but consistent salary increases for experienced professionals.
Insurance Sales Agents Salary Distribution in Hill Country Region of Texas nonmetropolitan area
Career progression for Insurance Sales Agents in the Hill Country Region, as elsewhere, typically involves a salary increase with experience. Entry-level agents might start at a lower percentile, while seasoned professionals with a proven track record and specialized knowledge can command salaries in the higher percentiles. The gap between entry-level and senior-level compensation signifies the value placed on accumulated expertise, client relationships, and sales performance within the insurance industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,040 | $13 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $41,798 | $20.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,980 | $22.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $69,663 | $33.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $92,050 | $44.3 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$55,730
Gross Pay
Real Wage (Purchasing Power)
$55,730
Adjusted for COL (100)
The average annual salary of $55,730 in the Hill Country Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that while the nominal income is lower than the national average for the profession, the cost of goods and services locally does not present a disadvantage in terms of real income.
Job Market Context
420
Total Jobs
2.152
Per 1K Jobs
0.71
Location Quotient
Hill Country Region of Texas nonmetropolitan area 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.
With a Location Quotient of 0.71, the Hill Country Region of Texas nonmetropolitan area shows a slightly lower concentration of Insurance Sales Agents compared to the national average. This suggests that the job market may be less saturated than in major metropolitan areas, potentially offering a more accessible entry point for new agents. However, it also implies that the overall demand might be proportionally lower, making it crucial for agents to build a strong network and client base within the local community.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Insurance Sales Agents Salary | $62,910↑ 13% | 10 mi |
| Waco, TX Insurance Sales Agents Salary | $59,370↑ 7% | 41 mi |
| Austin-Round Rock-San Marcos, TX Insurance Sales Agents Salary | $70,930↑ 27% | 53 mi |
| College Station-Bryan, TX Insurance Sales Agents Salary | $55,080↓ 1% | 82 mi |
Comparing salaries near Hill Country Region of Texas nonmetropolitan area
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Frequently Asked Questions
How much does a Insurance Sales Agents make in Hill Country Region of Texas nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Hill Country Region of Texas nonmetropolitan area is $55,730. This typically ranges from $27,040 for entry-level positions to $92,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hill Country Region of Texas nonmetropolitan area is 31.6% lower than the national median of $81,510.
Is Hill Country Region of Texas nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, not compared to the national average.The average salary of $55,730 is significantly below the national average of $81,510, indicating lower earning potential in this region. However, the cost of living is on par with the national average, mitigating some of the impact of the lower salary.
Is Hill Country Region of Texas nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Hill Country Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hill Country Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($62,910) and Waco, TX.
How does the local workforce size affect job opportunities for Insurance Sales Agents in the Hill Country?
A local workforce of 420 Insurance Sales Agents suggests a moderately sized professional community. While not a massive market, it indicates a consistent need for insurance services within the region.
What does a Location Quotient of 0.71 mean for Insurance Sales Agents in this Texas region?
A Location Quotient of 0.71 signifies that Insurance Sales Agents are less concentrated in the Hill Country Region compared to the national average. This could mean fewer job openings but potentially less competition for those seeking employment.
How does the cost of living in the Hill Country Region compare to the national average?
The Cost of Living Index is 100, which is exactly the national average. This means that the expenses for housing, food, and other necessities are comparable to the rest of the country, making the $55,730 salary's purchasing power equivalent to the national average.
What is the job density for Insurance Sales Agents in the Hill Country Region?
There are 2.152 jobs per 1,000 workers in the Hill Country Region for Insurance Sales Agents. This metric provides context on how prevalent the role is within the overall employment structure of the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Hill Country Region of Texas nonmetropolitan area area with a job density of 2.152 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 Hill Country Region of Texas nonmetropolitan area