Average Insurance Sales Agents Salary in Lexington Park, MD
The average salary for Insurance Sales Agentss in Lexington Park, MD is $63,100. While this is lower than the national average, the cost of living in Lexington Park, MD may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $63,100 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,620.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Lexington Park, MD economy.
Salary Overview
The average Insurance Sales Agents in Lexington Park, MD earns-22.6%below the national average.
$30.3
$1,213
$5,258
Insurance Sales Agents Salary Trends (2020-2024)
Historical trend data for Insurance Sales Agents in Lexington Park, MD is limited, but current market signals indicate a stable demand environment.
Insurance Sales Agents Salary Distribution in Lexington Park, MD
The earning potential for Insurance Sales Agentss in Lexington Park, MD varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,720, while highly experienced professionals can command wages upwards of $99,620.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,720 | $17.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $47,325 | $22.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $55,490 | $26.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $78,875 | $37.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $99,620 | $47.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$63,100
Gross Pay
Real Wage (Purchasing Power)
$63,100
Adjusted for COL (100)
In Lexington Park, MD, the Cost of Living Index is 100. This increases your effective purchasing power from $63,100 to $63,100.
Job Market Context
70
Total Jobs
0.982
Per 1K Jobs
0.32
Location Quotient
At 0.32x, Lexington Park, MD has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
70 people work as Insurance Sales Agents in Lexington Park, MD.
Only 0.982 out of every 1,000 local jobs are Insurance Sales Agents roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Salisbury, MD Insurance Sales Agents Salary | $60,690↓ 4% | 47 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Insurance Sales Agents Salary | $77,640↑ 23% | 55 mi |
| Maryland nonmetropolitan area Insurance Sales Agents Salary | $58,090↓ 8% | 59 mi |
| Baltimore-Columbia-Towson, MD Insurance Sales Agents Salary | $65,800↑ 4% | 72 mi |
| Richmond, VA Insurance Sales Agents Salary | $83,780↑ 33% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Lexington Park, MD?
The median annual salary for a Insurance Sales Agents in Lexington Park, MD is $63,100. This typically ranges from $36,720 for entry-level positions to $99,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 22.6% lower than the national median of $81,510.
Is Lexington Park, MD a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Lexington Park, MD is $63,100 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lexington Park, MD. See distinct detailed breakdown below.
Is Lexington Park, MD a good place to live for Insurance Sales Agents?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($60,690) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Lexington Park, MD area with a job density of 0.982 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 Lexington Park, MD