Average Insurance Sales Agents Salary in Los Angeles-Long Beach-Anaheim, CA
Insurance Sales Agents in the Los Angeles-Long Beach-Anaheim, CA area are earning an impressive average annual salary of $90,870, significantly surpassing the national average of $81,510. This elevated compensation is likely driven by the region's dynamic economic landscape and the high demand for specialized sales professionals in a major metropolitan hub.
Executive Summary
- Average Salary: $90,870 per year.
- Growth Trend: Salaries have shifted 45.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $157,280.
- Outlook: With a local workforce of 13,810 Insurance Sales Agents, the Los Angeles-Long Beach-Anaheim area demonstrates a substantial presence in this sector. The Location Quotient of 0.73 suggests a slightly lower concentration compared to the national average, indicating that while the market is robust, there may be opportunities for growth and less intense competition than in hyper-concentrated areas.
Salary Overview
The average Insurance Sales Agents in Los Angeles-Long Beach-Anaheim, CA earns+11.5%above the national average.
$43.7
$1,748
$7,573
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Insurance Sales Agents in a major market like Los Angeles have seen consistent growth over the past four years, mirroring national trends of increasing compensation in specialized sales roles. Factors such as inflation, evolving insurance products, and a growing need for financial guidance likely contribute to this upward salary trajectory.
Insurance Sales Agents Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Salary progression for Insurance Sales Agents in Los Angeles-Long Beach-Anaheim, CA, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with proven track records and specialized expertise can command salaries in the upper percentiles. These percentile gaps clearly signify the career progression and earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $38,500 | $18.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $68,153 | $32.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $64,790 | $31.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $113,588 | $54.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $157,280 | $75.6 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$90,870
Gross Pay
Real Wage (Purchasing Power)
$90,870
Adjusted for COL (100)
The average annual salary of $90,870 in Los Angeles-Long Beach-Anaheim, CA, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national average, suggesting that the increased earnings are balanced by the local cost of living.
Job Market Context
13,810
Total Jobs
2.228
Per 1K Jobs
0.73
Location Quotient
Los Angeles-Long Beach-Anaheim, CA has 0.73x 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.
The Location Quotient of 0.73 for Insurance Sales Agents in Los Angeles-Long Beach-Anaheim, CA, indicates that the profession is slightly less concentrated than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand exists without an excessive surplus of professionals, potentially offering a balanced environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Insurance Sales Agents Salary | $70,830↓ 22% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Insurance Sales Agents Salary | $78,770↓ 13% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Insurance Sales Agents in Los Angeles-Long Beach-Anaheim, CA is $90,870. This typically ranges from $38,500 for entry-level positions to $157,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 11.5% higher than the national median of $81,510.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Insurance Sales Agentss?
Yes, it is a lucrative place for Insurance Sales Agents.The average salary of $90,870 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Insurance Sales Agents?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($70,830) and Oxnard-Thousand Oaks-Ventura, CA.
How does the Los Angeles salary compare to the national average?
The average annual salary for Insurance Sales Agents in Los Angeles-Long Beach-Anaheim, CA is $90,870, which is notably higher than the national average of $81,510.
What is the concentration of Insurance Sales Agents in Los Angeles?
The Location Quotient of 0.73 suggests that Insurance Sales Agents are slightly less concentrated in Los Angeles-Long Beach-Anaheim, CA compared to the national average.
How does the cost of living affect the salary in Los Angeles?
With a Cost of Living Index of 100, the local cost of living is average, meaning the higher nominal salary of $90,870 offers purchasing power comparable to the national average.
What is the total workforce size for this role in Los Angeles?
There are 13,810 Insurance Sales Agents employed in the Los Angeles-Long Beach-Anaheim, CA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 13,810 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 2.228 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 Los Angeles-Long Beach-Anaheim, CA