Average Insurance Sales Agents Salary in Northeastern Pennsylvania nonmetropolitan area
Insurance Sales Agents in Northeastern Pennsylvania's nonmetropolitan areas earn an average annual salary of $64,750. This figure is notably below the national average of $81,510, reflecting regional economic factors and potentially a different market dynamic compared to more densely populated or metropolitan regions. The specific economic landscape and demand within this nonmetropolitan area directly influence compensation levels for these professionals.
Executive Summary
- Average Salary: $64,750 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,900.
- Outlook: The job market for Insurance Sales Agents in Northeastern Pennsylvania's nonmetropolitan areas appears stable, with a total local workforce of 380 individuals. The Location Quotient of 0.95 suggests a concentration of these roles that is very close to the national average, indicating a consistent, albeit not disproportionately high, demand for insurance sales expertise within the region. With 2.908 jobs per 1,000 workers, the presence of these roles is well-established.
Salary Overview
The average Insurance Sales Agents in Northeastern Pennsylvania nonmetropolitan area earns-20.6%below the national average.
$31.1
$1,245
$5,396
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 Northeastern Pennsylvania's nonmetropolitan areas have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This growth would likely be influenced by factors such as evolving insurance products, increased demand for financial planning services, and the overall economic health of the region.
Insurance Sales Agents Salary Distribution in Northeastern Pennsylvania nonmetropolitan area
Salary progression for Insurance Sales Agents typically correlates with experience and demonstrated success. Entry-level positions often start at the lower end of the pay scale, while seasoned agents with a proven track record and a robust client base can command significantly higher earnings. The percentile gaps in salary data, from the lowest earners to the top 10%, clearly signify the substantial career progression and earning potential available to experienced professionals in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,190 | $14.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,563 | $23.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,800 | $22.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $80,938 | $38.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $121,900 | $58.6 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$64,750
Gross Pay
Real Wage (Purchasing Power)
$64,750
Adjusted for COL (100)
The average annual salary of $64,750 for Insurance Sales Agents in Northeastern Pennsylvania's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned in this region provides a purchasing power equivalent to the national average. Consequently, individuals relocating to this area can expect their salary to cover expenses at a standard rate, without significant financial strain or advantage due to cost of living differences.
Job Market Context
380
Total Jobs
2.908
Per 1K Jobs
0.95
Location Quotient
Northeastern Pennsylvania nonmetropolitan area has 0.95x 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 0.95, the market for Insurance Sales Agents in Northeastern Pennsylvania's nonmetropolitan areas is neither significantly over- nor under-saturated compared to the national landscape. This indicates a balanced job market where demand for skilled agents is present and aligns closely with national employment patterns for this profession. The number of jobs per 1,000 workers (2.908) further supports this equilibrium, suggesting a steady, predictable employment environment.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Williamsport, PA Insurance Sales Agents Salary | $66,470↑ 3% | 9 mi |
| State College, PA Insurance Sales Agents Salary | $77,280↑ 19% | 45 mi |
| Elmira, NY Insurance Sales Agents Salary | $70,640↑ 9% | 65 mi |
| Harrisburg-Carlisle, PA Insurance Sales Agents Salary | $74,650↑ 15% | 66 mi |
| Lebanon, PA Insurance Sales Agents Salary | $66,340↑ 2% | 72 mi |
Comparing salaries near Northeastern Pennsylvania nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Northeastern Pennsylvania nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Northeastern Pennsylvania nonmetropolitan area is $64,750. This typically ranges from $30,190 for entry-level positions to $121,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeastern Pennsylvania nonmetropolitan area is 20.6% lower than the national median of $81,510.
Is Northeastern Pennsylvania nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, not exceptionally lucrative compared to the national average.The average salary of $64,750 is below the national average of $81,510, indicating less lucrative compensation. However, the cost of living is also at the national average, meaning the purchasing power is equivalent.
Is Northeastern Pennsylvania nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Northeastern Pennsylvania nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeastern Pennsylvania nonmetropolitan area?
Some top paying nearby cities include Williamsport, PA ($66,470) and State College, PA.
How does the local workforce size affect job prospects?
A local workforce of 380 Insurance Sales Agents suggests a moderately sized professional community. While not a massive pool, it indicates a consistent presence and demand for these roles within the region.
What does a Location Quotient of 0.95 mean for job seekers?
A Location Quotient of 0.95 signifies that the concentration of Insurance Sales Agents in this nonmetropolitan area is very close to the national average. This implies a stable job market without extreme competition or scarcity.
How does the cost of living impact the $64,750 salary?
With a Cost of Living Index of 100, the $64,750 salary offers purchasing power equivalent to the national average. This means your earnings will stretch similarly to what they would in a typical U.S. location.
Are there many job openings for Insurance Sales Agents in this area?
With 2.908 jobs per 1,000 workers, there is a steady, albeit not overwhelming, number of opportunities for Insurance Sales Agents. The market is balanced, reflecting national trends.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Northeastern Pennsylvania nonmetropolitan area area with a job density of 2.908 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 Northeastern Pennsylvania nonmetropolitan area