Average Insurance Sales Agents Salary in Jacksonville, NC
Insurance Sales Agents in Jacksonville, NC earn an average annual salary of $67,980, which is below the national average of $81,510. This difference can be attributed to a variety of local economic factors, including industry demand and the specific needs of the regional market. Understanding these local dynamics is crucial for setting accurate salary expectations.
Executive Summary
- Average Salary: $67,980 per year.
- Growth Trend: Salaries have shifted 53.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,340.
- Outlook: With a total local workforce of 200 Insurance Sales Agents, Jacksonville, NC presents a moderately sized employment landscape for this profession. The Location Quotient of 1.22 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not booming, demand within the area.
Salary Overview
The average Insurance Sales Agents in Jacksonville, NC earns-16.6%below the national average.
$32.7
$1,307
$5,665
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for Jacksonville, NC, is not provided, it's reasonable to assume that salaries for Insurance Sales Agents have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for insurance products, and the evolving complexity of the insurance market.
Insurance Sales Agents Salary Distribution in Jacksonville, NC
Career progression for Insurance Sales Agents in Jacksonville, NC, is typically marked by increasing earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven sales record can command significantly higher salaries, often reaching into the upper percentiles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $35,360 | $17 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $50,985 | $24.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $47,590 | $22.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $84,975 | $40.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $96,340 | $46.3 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$67,980
Gross Pay
Real Wage (Purchasing Power)
$67,980
Adjusted for COL (100)
The average annual salary of $67,980 in Jacksonville, NC, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in Jacksonville is comparable to the national average, offering a stable financial environment without significant cost-of-living advantages or disadvantages.
Job Market Context
200
Total Jobs
3.719
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Jacksonville, NC has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
A Location Quotient of 1.22 signifies that Insurance Sales Agents are slightly more prevalent in Jacksonville, NC, than the national average. This suggests a healthy, competitive market where employers may actively seek talent, but the concentration is not so high as to indicate an oversaturated job pool, offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Wilmington, NC Insurance Sales Agents Salary | $85,240↑ 25% | 46 mi |
| Goldsboro, NC Insurance Sales Agents Salary | $68,040↑ 0% | 55 mi |
| Greenville, NC Insurance Sales Agents Salary | $71,230↑ 5% | 60 mi |
| Rocky Mount, NC Insurance Sales Agents Salary | $75,400↑ 11% | 89 mi |
| Fayetteville, NC Insurance Sales Agents Salary | $75,520↑ 11% | 93 mi |
Comparing salaries near Jacksonville, NC
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Jacksonville, NC?
The median annual salary for a Insurance Sales Agents in Jacksonville, NC is $67,980. This typically ranges from $35,360 for entry-level positions to $96,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, NC is 16.6% lower than the national median of $81,510.
Is Jacksonville, NC a lucrative place for Insurance Sales Agentss?
No, it is not as lucrative as the national average.The average salary of $67,980 is below the national average of $81,510, although the cost of living is on par with the national average.
Is Jacksonville, NC a good place to live for Insurance Sales Agents?
The Cost of Living Index in Jacksonville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, NC?
Some top paying nearby cities include Wilmington, NC ($85,240) and Goldsboro, NC.
How does Jacksonville's insurance agent salary compare to the national average?
The average annual salary for Insurance Sales Agents in Jacksonville, NC is $67,980, which is lower than the national average of $81,510.
What is the concentration of Insurance Sales Agents in Jacksonville, NC?
Jacksonville, NC has a Location Quotient of 1.22 for Insurance Sales Agents, indicating a slightly higher concentration of these professionals compared to the national average.
How does the cost of living in Jacksonville, NC affect salary perception?
With a Cost of Living Index of 100, Jacksonville's cost of living is exactly at the national average, meaning the $67,980 salary has average purchasing power.
What does the job market look like for Insurance Sales Agents in Jacksonville, NC?
The market is moderately sized with 200 agents and a slightly higher concentration than the national average, suggesting stable demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Jacksonville, NC area with a job density of 3.719 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 Jacksonville, NC