Average Insurance Sales Agents Salary in Northwestern Region of Texas nonmetropolitan area
Insurance Sales Agents in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $42,370. This figure is significantly lower than the national average of $81,510. The disparity in compensation is largely influenced by the specific economic conditions and demand within this nonmetropolitan region, which typically sees lower salary benchmarks compared to larger urban centers.
Executive Summary
- Average Salary: $42,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,100.
- Outlook: The job market for Insurance Sales Agents in this region, with a total local workforce of 540, appears stable but not exceptionally robust. The jobs per 1,000 workers stands at 2.884, indicating a moderate presence of these roles. While the workforce size is modest, the concentration, as measured by the Location Quotient of 0.95, suggests that the presence of Insurance Sales Agents is nearly in line with the national average, implying a steady but not rapidly expanding demand.
Salary Overview
The average Insurance Sales Agents in Northwestern Region of Texas nonmetropolitan area earns-48.0%below the national average.
$20.4
$815
$3,531
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Insurance Sales Agents across the nation, including in regions like Northwestern Texas, have experienced a gradual upward trend over the past four years. This growth is typically driven by inflation, increasing demand for insurance products, and the need for skilled agents to navigate complex policies, even in less densely populated areas.
Insurance Sales Agents Salary Distribution in Northwestern Region of Texas nonmetropolitan area
Career progression for Insurance Sales Agents in Northwestern Texas typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized knowledge can command significantly higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding agents who develop expertise and build a strong client base.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $28,250 | $13.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $31,778 | $15.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $37,330 | $17.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $52,963 | $25.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $45,100 | $21.7 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$42,370
Gross Pay
Real Wage (Purchasing Power)
$42,370
Adjusted for COL (100)
The nominal average annual salary of $42,370 in Northwestern Texas aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average for this profession, the purchasing power of that salary locally is equivalent to the national average. Therefore, the lower salary is offset by the stable cost of living, making financial stability achievable for agents in this region.
Job Market Context
540
Total Jobs
2.884
Per 1K Jobs
0.95
Location Quotient
Northwestern Region of Texas 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 the Northwestern Region of Texas nonmetropolitan area is very close to the national average in terms of concentration. This indicates that the job market is neither oversaturated nor exceptionally scarce for these professionals. The presence of these agents is consistent with national patterns, suggesting a balanced supply and demand dynamic within this specific geographic area.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Insurance Sales Agents Salary | $62,910↑ 48% | 10 mi |
| Waco, TX Insurance Sales Agents Salary | $59,370↑ 40% | 41 mi |
| Austin-Round Rock-San Marcos, TX Insurance Sales Agents Salary | $70,930↑ 67% | 53 mi |
| College Station-Bryan, TX Insurance Sales Agents Salary | $55,080↑ 30% | 82 mi |
Comparing salaries near Northwestern Region of Texas nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Northwestern Region of Texas nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Northwestern Region of Texas nonmetropolitan area is $42,370. This typically ranges from $28,250 for entry-level positions to $45,100 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 48.0% lower than the national median of $81,510.
Is Northwestern Region of Texas nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, it is not considered a lucrative place based on average earnings.The average annual salary of $42,370 is substantially below the national average, although the cost of living is also at the national average, mitigating some of the impact.
Is Northwestern Region of Texas nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($62,910) and Waco, TX.
How does the local workforce size affect job opportunities?
A local workforce of 540 suggests a smaller, more localized job market. While not indicative of rapid growth, it points to a stable demand for Insurance Sales Agents within the community.
What does a Location Quotient of 0.95 mean for job seekers?
A Location Quotient of 0.95 means the concentration of Insurance Sales Agents in this region is slightly below the national average. This suggests a balanced job market with opportunities available but not an overwhelming abundance.
How does the cost of living compare to the national average?
The Cost of Living Index is 100, which is exactly the national average. This means that the $42,370 salary has the same purchasing power locally as the national average salary does nationally.
What is the ratio of Insurance Sales Agents to the general workforce?
There are approximately 2.884 Insurance Sales Agents per 1,000 workers in the Northwestern Region of Texas nonmetropolitan area, indicating their presence within the broader employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 2.884 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 Northwestern Region of Texas nonmetropolitan area