Average Insurance Sales Agents Salary in Jacksonville, FL
Insurance Sales Agents in Jacksonville, FL, earn an average annual salary of $78,520. This figure is slightly below the national average of $81,510, suggesting a localized compensation structure influenced by regional economic factors and market demand within Florida. While not reaching the national benchmark, this salary offers a solid income potential in the Jacksonville area.
Executive Summary
- Average Salary: $78,520 per year.
- Growth Trend: Salaries have shifted 22.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,080.
- Outlook: The Jacksonville market for Insurance Sales Agents appears robust, evidenced by a total local workforce of 3,130 professionals. With a Location Quotient of 1.36, the concentration of these roles in Jacksonville is significantly higher than the national average, indicating a strong and potentially growing demand for insurance sales expertise within the region.
Salary Overview
The average Insurance Sales Agents in Jacksonville, FL earns-3.7%below the national average.
$37.8
$1,510
$6,543
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 Jacksonville have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for insurance products, and evolving market dynamics likely contribute to a positive salary trajectory for professionals in this field.
Insurance Sales Agents Salary Distribution in Jacksonville, FL
Career progression for Insurance Sales Agents in Jacksonville is typically marked by increasing earning potential. Entry-level positions may start closer to the lower end of the salary spectrum, while experienced agents with proven sales records and specialized knowledge can command salaries significantly higher than the average. The gap between entry-level and senior-level salaries reflects the value placed on expertise and sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $38,540 | $18.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $58,890 | $28.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $60,610 | $29.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $98,150 | $47.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $127,080 | $61.1 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$78,520
Gross Pay
Real Wage (Purchasing Power)
$78,520
Adjusted for COL (100)
For those considering a move to Jacksonville, the average salary of $78,520 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 Jacksonville is equivalent to the national average, making it a financially neutral location in terms of cost of living relative to income.
Job Market Context
3,130
Total Jobs
4.142
Per 1K Jobs
1.36
Location Quotient
With a location quotient of 1.36, Jacksonville, FL has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
Jacksonville's Location Quotient of 1.36 signifies a notable concentration of Insurance Sales Agents compared to the national landscape. This suggests that the job market in Jacksonville is more specialized in this sector than the average U.S. city, potentially offering more opportunities and a competitive environment for professionals in insurance sales.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Brunswick-St. Simons, GA Insurance Sales Agents Salary | $59,080↓ 25% | 57 mi |
| Gainesville, FL Insurance Sales Agents Salary | $73,050↓ 7% | 60 mi |
| Ocala, FL Insurance Sales Agents Salary | $70,070↓ 11% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Jacksonville, FL?
The median annual salary for a Insurance Sales Agents in Jacksonville, FL is $78,520. This typically ranges from $38,540 for entry-level positions to $127,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 3.7% lower than the national median of $81,510.
Is Jacksonville, FL a lucrative place for Insurance Sales Agentss?
Yes, with a neutral cost of living.Jacksonville offers a competitive average salary of $78,520, which, combined with a cost of living index matching the national average, provides strong purchasing power. The higher-than-average concentration of these roles also suggests a healthy job market.
Is Jacksonville, FL a good place to live for Insurance Sales Agents?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Brunswick-St. Simons, GA ($59,080) and Gainesville, FL.
How does Jacksonville's average salary compare to the national average?
The average annual salary for Insurance Sales Agents in Jacksonville, FL, is $78,520, which is slightly lower than the national average of $81,510.
What is the concentration of Insurance Sales Agents in Jacksonville?
Jacksonville has a Location Quotient of 1.36 for Insurance Sales Agents, indicating that the area has 36% more of these professionals than the national average, suggesting a strong local presence.
How does the cost of living in Jacksonville affect salary perception?
With a Cost of Living Index of 100, Jacksonville's cost of living is exactly at the national average. Therefore, the $78,520 salary in Jacksonville offers purchasing power equivalent to the national average salary.
What does the total local workforce number imply?
A total local workforce of 3,130 Insurance Sales Agents in Jacksonville indicates a substantial and established professional community within the city, suggesting consistent demand and opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,130 employees in the Jacksonville, FL area with a job density of 4.142 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Sales Agents Salaries by State
Top Jobs in Jacksonville, FL
- All Occupations Salary in Jacksonville, FL
- Office and Administrative Support Occupations Salary in Jacksonville, FL
- Transportation and Material Moving Occupations Salary in Jacksonville, FL
- Sales and Related Occupations Salary in Jacksonville, FL
- Food Preparation and Serving Related Occupations Salary in Jacksonville, FL
- Business and Financial Operations Occupations Salary in Jacksonville, FL
- Healthcare Practitioners and Technical Occupations Salary in Jacksonville, FL
- Management Occupations Salary in Jacksonville, FL
- Construction and Extraction Occupations Salary in Jacksonville, FL
- Educational Instruction and Library Occupations Salary in Jacksonville, FL
- Browse All Jobs in Jacksonville, FL →
Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Jacksonville, FL