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Average Insurance Sales Agents Salary in Mobile, AL

Insurance Sales Agents in Mobile, AL, earn an average annual salary of $80,430. This figure is slightly below the national average of $81,510, indicating a competitive yet stable market. Local economic factors and the specific demand within the Alabama region contribute to this compensation level.

Executive Summary

  • Average Salary: $80,430 per year.
  • Growth Trend: Salaries have shifted 5.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $155,480.
  • Outlook: With a total local workforce of 580 Insurance Sales Agents, Mobile, AL, presents a moderately sized employment landscape. The Location Quotient of 1.13 suggests a slightly higher concentration of these professionals compared to the national average, implying a steady demand and a robust job market for skilled individuals in this sector.
2024 Market Data

Salary Overview

$80,430

The average Insurance Sales Agents in Mobile, AL earns-1.3%below the national average.

BreakdownBased on 40h/week
Hourly

$38.7

Weekly

$1,547

Monthly

$6,703

Insurance Sales Agents Salary Distribution in Mobile, AL

Salary progression for Insurance Sales Agents in Mobile, AL, typically correlates with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and advanced sales skills can command salaries in the higher percentiles. These percentile gaps highlight significant career growth opportunities and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$34,360$16.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$60,323$29
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$57,100$27.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$100,538$48.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$155,480$74.8

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$80,430

Gross Pay

Real Wage (Purchasing Power)

$80,430

Adjusted for COL (100)

The average annual salary of $80,430 in Mobile, AL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Insurance Sales Agent's salary in Mobile is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

580

Total Jobs

3.437

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, Mobile, AL has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.

A Location Quotient of 1.13 indicates that Mobile, AL, has a slightly higher concentration of Insurance Sales Agents than the national average. This suggests a healthy and active job market where demand for these professionals is present, potentially offering more opportunities than in areas with a lower concentration.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

CitySalaryDist.
Daphne-Fairhope-Foley, AL Insurance Sales Agents Salary$77,220↓ 4%14 mi
Pensacola-Ferry Pass-Brent, FL Insurance Sales Agents Salary$77,380↓ 4%57 mi
Gulfport-Biloxi, MS Insurance Sales Agents Salary$60,320↓ 25%59 mi
Crestview-Fort Walton Beach-Destin, FL Insurance Sales Agents Salary$81,730↑ 2%91 mi

Comparing salaries near Mobile, AL

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Mobile, AL?

The median annual salary for a Insurance Sales Agents in Mobile, AL is $80,430. This typically ranges from $34,360 for entry-level positions to $155,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mobile, AL is 1.3% lower than the national median of $81,510.

Is Mobile, AL a lucrative place for Insurance Sales Agentss?

Yes, Mobile, AL offers a competitive salary for Insurance Sales Agents.The average salary of $80,430 is strong, and with a Cost of Living Index of 100, your earnings will have national average purchasing power.

Is Mobile, AL a good place to live for Insurance Sales Agents?

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

Where are the highest paying cities near Mobile, AL?

Some top paying nearby cities include Daphne-Fairhope-Foley, AL ($77,220) and Pensacola-Ferry Pass-Brent, FL.

How does Mobile, AL's average salary compare to the national average?

The average annual salary for Insurance Sales Agents in Mobile, AL is $80,430, which is slightly below the national average of $81,510.

What is the concentration of Insurance Sales Agents in Mobile, AL?

Mobile, AL has a Location Quotient of 1.13 for Insurance Sales Agents, indicating a slightly higher concentration of these professionals compared to the national average.

How does the cost of living in Mobile, AL affect salary value?

With a Cost of Living Index of 100, the average salary of $80,430 in Mobile, AL, holds the same purchasing power as the national average salary.

What does the number of jobs per 1,000 workers signify?

The figure of 3.437 jobs per 1,000 workers suggests a notable presence and demand for Insurance Sales Agents within the local workforce of Mobile, AL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Mobile, AL area with a job density of 3.437 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Mobile, AL