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Average Insurance Sales Agents Salary in Northwest Virginia nonmetropolitan area

The average salary for Insurance Sales Agentss in Northwest Virginia nonmetropolitan area is $69,660. While this is lower than the national average, the cost of living in Northwest Virginia nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $69,660 per year.
  • Growth Trend: Salaries have shifted 27.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,700.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader Northwest Virginia nonmetropolitan area economy.
2024 Market Data

Salary Overview

$69,660

The average Insurance Sales Agents in Northwest Virginia nonmetropolitan area earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$33.5

Weekly

$1,340

Monthly

$5,805

Insurance Sales Agents Salary Distribution in Northwest Virginia nonmetropolitan area

The earning potential for Insurance Sales Agentss in Northwest Virginia nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,340, while highly experienced professionals can command wages upwards of $130,700.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$36,340$17.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$52,245$25.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$53,700$25.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$87,075$41.9
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$130,700$62.8

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$69,660

Gross Pay

Real Wage (Purchasing Power)

$69,660

Adjusted for COL (100)

In Northwest Virginia nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $69,660 to $69,660.

Job Market Context

170

Total Jobs

2.608

Per 1K Jobs

0.86

Location Quotient

Below Average

Northwest Virginia nonmetropolitan area has 0.86x 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.

170 people work as Insurance Sales Agents in Northwest Virginia nonmetropolitan area.

Moderate density — roughly 2.608 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

Comparing salaries near Northwest Virginia nonmetropolitan area

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Northwest Virginia nonmetropolitan area?

The median annual salary for a Insurance Sales Agents in Northwest Virginia nonmetropolitan area is $69,660. This typically ranges from $36,340 for entry-level positions to $130,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Virginia nonmetropolitan area is 14.5% lower than the national median of $81,510.

Is Northwest Virginia nonmetropolitan area a good place for Insurance Sales Agentss?

It depends on your priorities. While the average Insurance Sales Agents salary in Northwest Virginia nonmetropolitan area is $69,660 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northwest Virginia nonmetropolitan area. See distinct detailed breakdown below.

Is Northwest Virginia nonmetropolitan area a good place to live for Insurance Sales Agents?

The Cost of Living Index in Northwest Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($76,530) and Richmond, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the Northwest Virginia nonmetropolitan area area with a job density of 2.608 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.