Average Insurance Sales Agents Salary in Huntington-Ashland, WV-KY-OH
Insurance Sales Agents in the Huntington-Ashland, WV-KY-OH area earn an average annual salary of $61,160. This figure is notably below the national average of $81,510, reflecting regional economic factors and a potentially different market demand for insurance products. The specific economic landscape and industry concentration within this tri-state area play a significant role in shaping compensation levels for these professionals.
Executive Summary
- Average Salary: $61,160 per year.
- Growth Trend: Salaries have shifted 33.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,360.
- Outlook: The local job market for Insurance Sales Agents in Huntington-Ashland, with a total workforce of 300, presents a moderate employment base. The Location Quotient of 0.71 suggests that this profession is slightly less concentrated here compared to the national average, indicating a stable but not exceptionally high demand. The figure of 2.156 jobs per 1,000 workers further supports this, pointing to a consistent, albeit not rapidly expanding, need for insurance sales expertise within the region.
Salary Overview
The average Insurance Sales Agents in Huntington-Ashland, WV-KY-OH earns-25.0%below the national average.
$29.4
$1,176
$5,097
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for the Huntington-Ashland area is not provided, it is generally assumed that salaries for Insurance Sales Agents across the nation, and likely within this region, have experienced incremental growth over the past four years. This growth is typically driven by inflation, increasing demand for financial services, and evolving market needs, suggesting a positive trajectory for earning potential.
Insurance Sales Agents Salary Distribution in Huntington-Ashland, WV-KY-OH
Career progression for Insurance Sales Agents in Huntington-Ashland typically correlates with increased earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command significantly higher salaries. The widening gap between the 25th and 75th percentile salaries illustrates the substantial financial rewards associated with advancing expertise and client portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,990 | $14.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,870 | $22.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $50,510 | $24.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,450 | $36.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $104,360 | $50.2 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$61,160
Gross Pay
Real Wage (Purchasing Power)
$61,160
Adjusted for COL (100)
For professionals considering a move to Huntington-Ashland, the average salary of $61,160 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Insurance Sales Agent's salary in this area is equivalent to the national standard, offering a stable financial foundation without the added pressure of a higher cost of living or the benefit of a significantly lower one.
Job Market Context
300
Total Jobs
2.156
Per 1K Jobs
0.71
Location Quotient
Huntington-Ashland, WV-KY-OH 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 Huntington-Ashland market for Insurance Sales Agents is less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry sector within the region. The job market is likely stable, offering opportunities for skilled agents, but perhaps without the intense competition or saturation found in more heavily concentrated areas.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Charleston, WV Insurance Sales Agents Salary | $64,680↑ 6% | 44 mi |
| Parkersburg-Vienna, WV Insurance Sales Agents Salary | $61,210↑ 0% | 76 mi |
| Beckley, WV Insurance Sales Agents Salary | $67,060↑ 10% | 80 mi |
Comparing salaries near Huntington-Ashland, WV-KY-OH
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Huntington-Ashland, WV-KY-OH?
The median annual salary for a Insurance Sales Agents in Huntington-Ashland, WV-KY-OH is $61,160. This typically ranges from $29,990 for entry-level positions to $104,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Huntington-Ashland, WV-KY-OH is 25.0% lower than the national median of $81,510.
Is Huntington-Ashland, WV-KY-OH a lucrative place for Insurance Sales Agentss?
No, not exceptionally lucrative compared to national averages.While the average salary of $61,160 is stable with a cost of living at the national average, it falls significantly short of the national average salary for Insurance Sales Agents.
Is Huntington-Ashland, WV-KY-OH a good place to live for Insurance Sales Agents?
The Cost of Living Index in Huntington-Ashland, WV-KY-OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Huntington-Ashland, WV-KY-OH?
Some top paying nearby cities include Charleston, WV ($64,680) and Parkersburg-Vienna, WV.
How does the Huntington-Ashland salary compare to the national average?
The average annual salary for Insurance Sales Agents in Huntington-Ashland is $61,160, which is considerably lower than the national average of $81,510.
What is the Cost of Living in Huntington-Ashland?
The Cost of Living Index in Huntington-Ashland is 100, which is exactly the national average, meaning the purchasing power of your salary is standard.
Is there high demand for Insurance Sales Agents in this area?
The Location Quotient of 0.71 suggests that the concentration of Insurance Sales Agents is slightly below the national average, indicating a stable but not exceptionally high demand.
How many Insurance Sales Agents work in Huntington-Ashland?
There are approximately 300 Insurance Sales Agents employed in the Huntington-Ashland, WV-KY-OH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Huntington-Ashland, WV-KY-OH area with a job density of 2.156 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 Huntington-Ashland, WV-KY-OH