Average Insurance Sales Agents Salary in Northeast Minnesota nonmetropolitan area
The average salary for a Insurance Sales Agents in Northeast Minnesota nonmetropolitan area is $81,280. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $81,280 per year.
- Growth Trend: Salaries have shifted 34.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,580.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Northeast Minnesota nonmetropolitan area economy.
Salary Overview
The average Insurance Sales Agents in Northeast Minnesota nonmetropolitan area earns-0.3%below the national average.
$39.1
$1,563
$6,773
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Northeast Minnesota nonmetropolitan area have experienced a rapid surge, growing by 34.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Northeast Minnesota nonmetropolitan area
The earning potential for Insurance Sales Agentss in Northeast Minnesota nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $38,290, while highly experienced professionals can command wages upwards of $129,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $38,290 | $18.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $60,960 | $29.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $61,600 | $29.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $101,600 | $48.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $129,580 | $62.3 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$81,280
Gross Pay
Real Wage (Purchasing Power)
$81,280
Adjusted for COL (100)
In Northeast Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $81,280 to $81,280.
Job Market Context
110
Total Jobs
2.586
Per 1K Jobs
0.85
Location Quotient
Northeast Minnesota nonmetropolitan area 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.
110 people work as Insurance Sales Agents in Northeast Minnesota nonmetropolitan area.
Moderate density — roughly 2.586 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Insurance Sales Agents Salary | $78,370↓ 4% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Insurance Sales Agents Salary | $104,910↑ 29% | 58 mi |
Comparing salaries near Northeast Minnesota nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Northeast Minnesota nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Northeast Minnesota nonmetropolitan area is $81,280. This typically ranges from $38,290 for entry-level positions to $129,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Minnesota nonmetropolitan area is 0.3% lower than the national median of $81,510.
Is Northeast Minnesota nonmetropolitan area a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Northeast Minnesota nonmetropolitan area is $81,280 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northeast Minnesota nonmetropolitan area. See distinct detailed breakdown below.
Is Northeast Minnesota nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Northeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($78,370) and Minneapolis-St. Paul-Bloomington, MN-WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Northeast Minnesota nonmetropolitan area area with a job density of 2.586 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 Northeast Minnesota nonmetropolitan area