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Average Insurance Sales Agents Salary in Massachusetts nonmetropolitan area

Yes, Massachusetts nonmetropolitan area is a highly lucrative market for Insurance Sales Agentss. With an average annual salary of $118,090, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $118,090 per year.
  • Growth Trend: Salaries have shifted 95.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $236,490.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Massachusetts nonmetropolitan area economy.
2024 Market Data

Salary Overview

$118,090

The average Insurance Sales Agents in Massachusetts nonmetropolitan area earns+44.9%above the national average.

BreakdownBased on 40h/week
Hourly

$56.8

Weekly

$2,271

Monthly

$9,841

Insurance Sales Agents Salary Distribution in Massachusetts nonmetropolitan area

The earning potential for Insurance Sales Agentss in Massachusetts nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $57,350, while highly experienced professionals can command wages upwards of $236,490.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$57,350$27.6
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$88,568$42.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$82,090$39.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$147,613$71
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$236,490$113.7

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$118,090

Gross Pay

Real Wage (Purchasing Power)

$118,090

Adjusted for COL (100)

In Massachusetts nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $118,090 to $118,090.

Job Market Context

60

Total Jobs

1.432

Per 1K Jobs

0.47

Location Quotient

Low Concentration

At 0.47x, Massachusetts nonmetropolitan area has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Insurance Sales Agents in Massachusetts nonmetropolitan area.

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

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

Comparing salaries near Massachusetts nonmetropolitan area

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Massachusetts nonmetropolitan area?

The median annual salary for a Insurance Sales Agents in Massachusetts nonmetropolitan area is $118,090. This typically ranges from $57,350 for entry-level positions to $236,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Massachusetts nonmetropolitan area is 44.9% higher than the national median of $81,510.

Is Massachusetts nonmetropolitan area a good place for Insurance Sales Agentss?

Yes, Massachusetts nonmetropolitan area is financially attractive for Insurance Sales Agentss. The average salary of $118,090 exceeds the national average. See distinct detailed breakdown below.

Is Massachusetts nonmetropolitan area a good place to live for Insurance Sales Agents?

The Cost of Living Index in Massachusetts nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Massachusetts nonmetropolitan area?

Some top paying nearby cities include Worcester, MA ($94,790) and Boston-Cambridge-Newton, MA-NH.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Massachusetts nonmetropolitan area area with a job density of 1.432 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.