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Average Insurance Sales Agents Salary in Lima, OH

The average salary for Insurance Sales Agentss in Lima, OH is $64,060. While this is lower than the national average, the cost of living in Lima, OH may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $64,060 per year.
  • Growth Trend: Salaries have shifted 18.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,280.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Lima, OH economy.
2024 Market Data

Salary Overview

$64,060

The average Insurance Sales Agents in Lima, OH earns-21.4%below the national average.

BreakdownBased on 40h/week
Hourly

$30.8

Weekly

$1,232

Monthly

$5,338

Insurance Sales Agents Salary Distribution in Lima, OH

The earning potential for Insurance Sales Agentss in Lima, OH varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $27,980, while highly experienced professionals can command wages upwards of $105,280.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$27,980$13.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$48,045$23.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$51,340$24.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$80,075$38.5
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$105,280$50.6

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$64,060

Gross Pay

Real Wage (Purchasing Power)

$64,060

Adjusted for COL (100)

In Lima, OH, the Cost of Living Index is 100. This increases your effective purchasing power from $64,060 to $64,060.

Job Market Context

100

Total Jobs

1.984

Per 1K Jobs

0.65

Location Quotient

Below Average

Lima, OH has 0.65x 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.

100 people work as Insurance Sales Agents in Lima, OH.

1.984 out of every 1,000 local jobs are Insurance Sales Agents positions — a typical concentration.

Nearby Job Markets

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Lima, OH?

The median annual salary for a Insurance Sales Agents in Lima, OH is $64,060. This typically ranges from $27,980 for entry-level positions to $105,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lima, OH is 21.4% lower than the national median of $81,510.

Is Lima, OH a good place for Insurance Sales Agentss?

It depends on your priorities. While the average Insurance Sales Agents salary in Lima, OH is $64,060 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lima, OH. See distinct detailed breakdown below.

Is Lima, OH a good place to live for Insurance Sales Agents?

The Cost of Living Index in Lima, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lima, OH?

Some top paying nearby cities include Springfield, OH ($66,510) and Fort Wayne, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Lima, OH area with a job density of 1.984 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.