Average Insurance Sales Agents Salary in Killeen-Temple, TX
Insurance Sales Agents in Killeen-Temple, TX, earn an average annual salary of $62,910. This figure is notably below the national average of $81,510, suggesting that local market dynamics and economic factors specific to the Killeen-Temple area influence compensation levels for this profession.
Executive Summary
- Average Salary: $62,910 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,750.
- Outlook: With a total local workforce of 220 Insurance Sales Agents and a Location Quotient of 0.48, the job market in Killeen-Temple, TX, indicates a lower concentration of these professionals compared to the national average. This suggests a potentially less saturated market, though the overall workforce size points to a moderate demand.
Salary Overview
The average Insurance Sales Agents in Killeen-Temple, TX earns-22.8%below the national average.
$30.3
$1,210
$5,243
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for Killeen-Temple is not provided, it is generally assumed that salaries for Insurance Sales Agents across the nation, and likely within this Texas region, have experienced steady growth over the past four years. This trend is driven by factors such as inflation, increasing demand for insurance products, and evolving market conditions.
Insurance Sales Agents Salary Distribution in Killeen-Temple, TX
Salary progression for Insurance Sales Agents in Killeen-Temple, TX, typically correlates with experience. Entry-level positions may start at a lower percentile, while seasoned agents with a proven track record and advanced sales skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,870 | $14.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $47,183 | $22.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $61,450 | $29.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $78,638 | $37.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $94,750 | $45.6 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$62,910
Gross Pay
Real Wage (Purchasing Power)
$62,910
Adjusted for COL (100)
The average annual salary of $62,910 in Killeen-Temple, TX, 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 this area is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
220
Total Jobs
1.453
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Killeen-Temple, TX has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.48 for Insurance Sales Agents in Killeen-Temple, TX, signifies that this profession is less concentrated locally than the national average. This suggests that while there may not be an oversupply of agents, the demand might also be proportionally lower, indicating a moderately competitive but not overly saturated job market.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $61,770↓ 2% | 10 mi |
| Northwestern Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $42,370↓ 33% | 10 mi |
| Hill Country Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $55,730↓ 11% | 10 mi |
| Coastal Plains Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $51,480↓ 18% | 10 mi |
| Eastern Region of Texas nonmetropolitan area Insurance Sales Agents Salary | $54,920↓ 13% | 10 mi |
Comparing salaries near Killeen-Temple, TX
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Killeen-Temple, TX?
The median annual salary for a Insurance Sales Agents in Killeen-Temple, TX is $62,910. This typically ranges from $30,870 for entry-level positions to $94,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Killeen-Temple, TX is 22.8% lower than the national median of $81,510.
Is Killeen-Temple, TX a lucrative place for Insurance Sales Agentss?
No, not as lucrative as the national average.The average salary of $62,910 is significantly lower than the national average of $81,510. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.
Is Killeen-Temple, TX a good place to live for Insurance Sales Agents?
The Cost of Living Index in Killeen-Temple, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Killeen-Temple, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($61,770) and Northwestern Region of Texas nonmetropolitan area.
How does Killeen-Temple's salary compare to the national average?
The average salary for Insurance Sales Agents in Killeen-Temple, TX is $62,910, which is below the national average of $81,510.
What is the concentration of Insurance Sales Agents in Killeen-Temple, TX?
The concentration, measured by the Location Quotient, is 0.48, indicating that Insurance Sales Agents are less prevalent in Killeen-Temple compared to the national average.
How does the cost of living affect the salary in Killeen-Temple, TX?
With a Cost of Living Index of 100, the same as the national average, the $62,910 salary in Killeen-Temple offers purchasing power equivalent to the national median.
What is the total number of Insurance Sales Agents in Killeen-Temple, TX?
There are approximately 220 Insurance Sales Agents employed in the Killeen-Temple, TX area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Killeen-Temple, TX area with a job density of 1.453 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 Killeen-Temple, TX