Average Insurance Sales Agents Salary in North Region of Texas nonmetropolitan area
Insurance Sales Agents in the North Region of Texas nonmetropolitan area earn an average annual salary of $61,770. This figure falls below the national average of $81,510, reflecting regional economic factors and a smaller, more localized job market. The specific demand and compensation structure within this nonmetropolitan area contribute to this variance.
Executive Summary
- Average Salary: $61,770 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,800.
- Outlook: With a total local workforce of 570 Insurance Sales Agents, the market in the North Region of Texas nonmetropolitan area is relatively contained. The Location Quotient of 0.69 indicates a lower concentration of these professionals compared to the national average, suggesting a stable but not rapidly expanding demand. While the workforce size is modest, the presence of 2.095 jobs per 1,000 workers signifies consistent employment opportunities.
Salary Overview
The average Insurance Sales Agents in North Region of Texas nonmetropolitan area earns-24.2%below the national average.
$29.7
$1,188
$5,148
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise region is not provided, it is generally assumed that salaries for Insurance Sales Agents across the nation, including nonmetropolitan areas of Texas, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for insurance products, and evolving compensation models within the industry.
Insurance Sales Agents Salary Distribution in North Region of Texas nonmetropolitan area
Salary progression for Insurance Sales Agents is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with a proven track record and extensive client networks can expect to earn considerably more. The percentile gaps in salary distribution clearly signify the career progression opportunities available, rewarding expertise and performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,130 | $17.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $46,328 | $22.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $45,870 | $22.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $77,213 | $37.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $105,800 | $50.9 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$61,770
Gross Pay
Real Wage (Purchasing Power)
$61,770
Adjusted for COL (100)
The average annual salary of $61,770 in the North Region of Texas nonmetropolitan area 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, suggesting that the cost of goods and services is neither significantly higher nor lower than elsewhere in the country.
Job Market Context
570
Total Jobs
2.095
Per 1K Jobs
0.69
Location Quotient
North Region of Texas nonmetropolitan area has 0.69x 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 0.69 for Insurance Sales Agents in the North Region of Texas nonmetropolitan area indicates that this profession is less concentrated here than the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a competitive environment for skilled agents. The lower concentration might also imply a need for more agents to meet local demand.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Insurance Sales Agents Salary | $62,910↑ 2% | 10 mi |
| Waco, TX Insurance Sales Agents Salary | $59,370↓ 4% | 41 mi |
| Austin-Round Rock-San Marcos, TX Insurance Sales Agents Salary | $70,930↑ 15% | 53 mi |
| College Station-Bryan, TX Insurance Sales Agents Salary | $55,080↓ 11% | 82 mi |
Comparing salaries near North Region of Texas nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in North Region of Texas nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in North Region of Texas nonmetropolitan area is $61,770. This typically ranges from $37,130 for entry-level positions to $105,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Region of Texas nonmetropolitan area is 24.2% lower than the national median of $81,510.
Is North Region of Texas nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, it is not as lucrative as the national average.The average salary of $61,770 is significantly lower than the national average of $81,510. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is North Region of Texas nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($62,910) and Waco, TX.
How does the total workforce size affect job prospects?
A total local workforce of 570 suggests a smaller, more specialized job market. While this might mean fewer openings compared to a large metropolitan area, it can also indicate less competition for experienced agents.
What does a Location Quotient of 0.69 mean for job seekers?
A Location Quotient below 1.0, like 0.69, means Insurance Sales Agents are less common in this region than nationally. This could present opportunities for those entering the field or indicate a stable demand for established professionals.
How does the cost of living impact the $61,770 salary?
With a Cost of Living Index of 100, the $61,770 salary offers purchasing power equivalent to the national average. This means your earnings will likely cover expenses at a similar rate to what you'd find across the country.
Are there many Insurance Sales Agent jobs per capita in this region?
With 2.095 jobs per 1,000 workers, the rate of Insurance Sales Agent positions is relatively modest, aligning with the lower concentration indicated by the Location Quotient. This suggests a steady but not overwhelming demand for these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the North Region of Texas nonmetropolitan area area with a job density of 2.095 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 Region of Texas nonmetropolitan area