Average Insurance Sales Agents Salary in North Florida nonmetropolitan area
Insurance Sales Agents in North Florida's nonmetropolitan areas earn an average annual salary of $76,580. This figure is slightly below the national average of $81,510, reflecting regional economic factors and market demand specific to this locale. The unique economic landscape of nonmetropolitan North Florida influences compensation levels for this vital sales role.
Executive Summary
- Average Salary: $76,580 per year.
- Growth Trend: Salaries have shifted 38.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,120.
- Outlook: The job market for Insurance Sales Agents in North Florida's nonmetropolitan areas appears stable, with a local workforce of 280 professionals. The Location Quotient of 0.81 suggests a slightly lower concentration of these roles compared to the national average, indicating a balanced but not oversaturated market. With 2.472 jobs per 1,000 workers, the demand is consistent within the region.
Salary Overview
The average Insurance Sales Agents in North Florida nonmetropolitan area earns-6.0%below the national average.
$36.8
$1,473
$6,382
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Insurance Sales Agents in North Florida's nonmetropolitan areas have seen gradual growth over the past four years, mirroring national trends in the insurance sector. This growth is likely driven by increasing insurance needs, evolving product offerings, and the persistent demand for skilled sales professionals.
Insurance Sales Agents Salary Distribution in North Florida nonmetropolitan area
Career progression for Insurance Sales Agents typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and specialized knowledge can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,080 | $17.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,435 | $27.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $56,000 | $26.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $95,725 | $46 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $133,120 | $64 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$76,580
Gross Pay
Real Wage (Purchasing Power)
$76,580
Adjusted for COL (100)
The average annual salary of $76,580 in North Florida's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in this region is equivalent to the national average, making it neither exceptionally expensive nor particularly affordable from a cost-of-living perspective.
Job Market Context
280
Total Jobs
2.472
Per 1K Jobs
0.81
Location Quotient
North Florida nonmetropolitan area has 0.81x 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.
With a Location Quotient of 0.81, North Florida's nonmetropolitan areas have a slightly lower concentration of Insurance Sales Agents than the national average. This indicates that while the profession is present and necessary, it is not as densely populated as in other regions, potentially offering a less competitive environment for new entrants compared to highly concentrated areas.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Sebring, FL Insurance Sales Agents Salary | $80,680↑ 5% | 25 mi |
| Lakeland-Winter Haven, FL Insurance Sales Agents Salary | $95,530↑ 25% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Insurance Sales Agents Salary | $81,860↑ 7% | 49 mi |
| Orlando-Kissimmee-Sanford, FL Insurance Sales Agents Salary | $71,090↓ 7% | 57 mi |
| North Port-Bradenton-Sarasota, FL Insurance Sales Agents Salary | $76,510↓ 0% | 58 mi |
Comparing salaries near North Florida nonmetropolitan area
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Frequently Asked Questions
How much does a Insurance Sales Agents make in North Florida nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in North Florida nonmetropolitan area is $76,580. This typically ranges from $36,080 for entry-level positions to $133,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Florida nonmetropolitan area is 6.0% lower than the national median of $81,510.
Is North Florida nonmetropolitan area a lucrative place for Insurance Sales Agents?
No, it is not exceptionally lucrative compared to the national average.The average salary of $76,580 is below the national average of $81,510, although the cost of living is on par with the national average.
Is North Florida nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in North Florida nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Florida nonmetropolitan area?
Some top paying nearby cities include Sebring, FL ($80,680) and Lakeland-Winter Haven, FL.
How does the local workforce size affect job opportunities?
A local workforce of 280 suggests a moderately sized market. While not a massive hub, it indicates a consistent need for Insurance Sales Agents within the region.
What does a Location Quotient of 0.81 mean for job seekers?
A Location Quotient below 1.0 signifies that Insurance Sales Agents are less concentrated here than the national average. This could translate to fewer immediate openings but potentially less competition.
How does the cost of living impact the salary?
With a Cost of Living Index of 100, the $76,580 salary offers average purchasing power, meaning your earnings will stretch similarly to the national average.
Are there many Insurance Sales Agent jobs per capita in this area?
The rate of 2.472 jobs per 1,000 workers indicates a steady presence of Insurance Sales Agent roles, suggesting consistent demand relative to the population.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the North Florida nonmetropolitan area area with a job density of 2.472 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 North Florida nonmetropolitan area