Insurance Sales Agents in the nonmetropolitan areas of North Northeastern Ohio earn an average annual salary of $75,960. This figure is slightly below the national average of $81,510, reflecting the unique economic landscape of this region. Factors such as local market demand and the cost of doing business in noncontiguous, nonmetropolitan zones often influence compensation levels.
Executive Summary
- Average Salary: $75,960 per year.
- Growth Trend: Salaries have shifted 30.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,800.
- Outlook: With a local workforce of 650 Insurance Sales Agents, the job market in North Northeastern Ohio's nonmetropolitan areas presents a stable, albeit niche, opportunity. The Location Quotient of 0.85 suggests a concentration slightly below the national average, indicating a moderate level of demand relative to the broader U.S. market. While not a booming sector, the consistent presence of this workforce points to ongoing needs for insurance services in the area.
Salary Overview
The average Insurance Sales Agents in North Northeastern Ohio nonmetropolitan area (noncontiguous) earns-6.8%below the national average.
$36.5
$1,461
$6,330
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan region is not detailed, it's reasonable to assume that salaries for Insurance Sales Agents in similar areas have seen gradual growth over the past four years. Economic shifts, inflation, and evolving insurance needs typically drive modest annual increases in compensation across most professional fields, including sales.
Insurance Sales Agents Salary Distribution in North Northeastern Ohio nonmetropolitan area (noncontiguous)
Career progression for Insurance Sales Agents typically correlates with increased earnings. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with proven track records and specialized knowledge can command significantly higher salaries. The percentile gaps in earnings clearly signify the potential for substantial career growth and increased earning power as experience and expertise are acquired.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $43,810 | $21.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $56,970 | $27.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $74,420 | $35.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $94,950 | $45.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $97,800 | $47 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$75,960
Gross Pay
Real Wage (Purchasing Power)
$75,960
Adjusted for COL (100)
The average annual salary of $75,960 in North Northeastern Ohio's nonmetropolitan areas aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the nominal salary offers purchasing power equivalent to the national standard, suggesting that the cost of essential goods and services is neither exceptionally high nor low compared to the rest of the country.
Job Market Context
650
Total Jobs
2.599
Per 1K Jobs
0.85
Location Quotient
North Northeastern Ohio nonmetropolitan area (noncontiguous) has 0.85x 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.
A Location Quotient of 0.85 for Insurance Sales Agents in North Northeastern Ohio's nonmetropolitan areas indicates that this profession is slightly less concentrated than the national average. This suggests a market that is neither oversaturated nor critically undersupplied, presenting a balanced environment for both job seekers and employers. The job market here is competitive but offers opportunities for dedicated professionals.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Insurance Sales Agents Salary | $58,390↓ 23% | 29 mi |
| Columbus, OH Insurance Sales Agents Salary | $79,610↑ 5% | 32 mi |
| Springfield, OH Insurance Sales Agents Salary | $66,510↓ 12% | 63 mi |
| Sandusky, OH Insurance Sales Agents Salary | $67,590↓ 11% | 73 mi |
| Lima, OH Insurance Sales Agents Salary | $64,060↓ 16% | 75 mi |
Comparing salaries near North Northeastern Ohio nonmetropolitan area (noncontiguous)
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in North Northeastern Ohio nonmetropolitan area (noncontiguous)?
The median annual salary for a Insurance Sales Agents in North Northeastern Ohio nonmetropolitan area (noncontiguous) is $75,960. This typically ranges from $43,810 for entry-level positions to $97,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 6.8% lower than the national median of $81,510.
Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a lucrative place for Insurance Sales Agentss?
No, not exceptionally lucrative compared to the national average.While the average salary of $75,960 is respectable and matches the national cost of living, it falls short of the national average salary for the role. The market concentration is also slightly below the national average.
Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a good place to live for Insurance Sales Agents?
The Cost of Living Index in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Northeastern Ohio nonmetropolitan area (noncontiguous)?
Some top paying nearby cities include Mansfield, OH ($58,390) and Columbus, OH.
How does the cost of living affect the Insurance Sales Agent salary in this region?
The Cost of Living Index is 100, matching the national average. This means the $75,960 salary provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What is the job market like for Insurance Sales Agents in this area?
The market is moderately concentrated with a Location Quotient of 0.85. This suggests a stable demand for insurance professionals, with a workforce of 650 individuals in the specified nonmetropolitan region.
Can an Insurance Sales Agent expect their salary to increase with experience in North Northeastern Ohio?
Yes, like most sales roles, experience is a key driver of salary growth. Senior agents with a proven sales record and expertise typically earn significantly more than entry-level professionals.
How does the local workforce size compare to the national trend?
With 650 Insurance Sales Agents, the local workforce is a small segment of the national total. The concentration, indicated by the Location Quotient of 0.85, is slightly below the national average, suggesting fewer agents per capita than the U.S. average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the North Northeastern Ohio nonmetropolitan area (noncontiguous) area with a job density of 2.599 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 Northeastern Ohio nonmetropolitan area (noncontiguous)