Average Insurance Sales Agents Salary in Oshkosh-Neenah, WI
Insurance Sales Agents in Oshkosh-Neenah, WI, command an impressive average annual salary of $96,490, significantly outpacing the national average of $81,510. This elevated compensation is likely influenced by a combination of local market dynamics and the specific demand for insurance expertise within the region's economic landscape.
Executive Summary
- Average Salary: $96,490 per year.
- Growth Trend: Salaries have shifted 36.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,100.
- Outlook: The Oshkosh-Neenah area supports a dedicated workforce of 210 Insurance Sales Agents. While the Location Quotient of 0.74 suggests a slightly lower concentration compared to the national average, the presence of 2.264 jobs per 1,000 workers indicates a stable and consistent demand for these professionals within the local economy.
Salary Overview
The average Insurance Sales Agents in Oshkosh-Neenah, WI earns+18.4%above the national average.
$46.4
$1,856
$8,041
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for Oshkosh-Neenah is not provided, it is reasonable to assume that the insurance sales sector, like many others, has experienced salary growth over the past four years. Economic factors, evolving market needs, and inflation typically contribute to an upward trend in compensation for skilled professionals in this field.
Insurance Sales Agents Salary Distribution in Oshkosh-Neenah, WI
Career progression for Insurance Sales Agents in Oshkosh-Neenah is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile, but with experience, skill development, and a proven track record, agents can ascend to senior roles, commanding salaries in the higher percentiles, reflecting greater responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,260 | $23.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $72,368 | $34.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $72,090 | $34.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $120,613 | $58 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $165,100 | $79.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$96,490
Gross Pay
Real Wage (Purchasing Power)
$96,490
Adjusted for COL (100)
The average annual salary of $96,490 in Oshkosh-Neenah, WI, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the higher nominal salary translates directly into strong purchasing power, allowing residents to enjoy a comparable standard of living to the national average while earning more.
Job Market Context
210
Total Jobs
2.264
Per 1K Jobs
0.74
Location Quotient
Oshkosh-Neenah, WI has 0.74x 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 0.74, the Oshkosh-Neenah market for Insurance Sales Agents is not as densely concentrated as the national average. This suggests that while the profession is established, there may be fewer agents per capita compared to other regions, potentially indicating a competitive but accessible market for new entrants or those seeking to advance their careers.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Fond du Lac, WI Insurance Sales Agents Salary | $110,650↑ 15% | 18 mi |
| Appleton, WI Insurance Sales Agents Salary | $79,890↓ 17% | 20 mi |
| Green Bay, WI Insurance Sales Agents Salary | $95,570↓ 1% | 44 mi |
| Sheboygan, WI Insurance Sales Agents Salary | $76,780↓ 20% | 46 mi |
| South Central Wisconsin nonmetropolitan area Insurance Sales Agents Salary | $72,320↓ 25% | 55 mi |
Comparing salaries near Oshkosh-Neenah, WI
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Frequently Asked Questions
How much does a Insurance Sales Agents make in Oshkosh-Neenah, WI?
The median annual salary for a Insurance Sales Agents in Oshkosh-Neenah, WI is $96,490. This typically ranges from $48,260 for entry-level positions to $165,100 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oshkosh-Neenah, WI is 18.4% higher than the national median of $81,510.
Is Oshkosh-Neenah, WI a lucrative place for Insurance Sales Agentss?
Yes, Oshkosh-Neenah, WI offers lucrative opportunities for Insurance Sales Agents.The average salary significantly exceeds the national average, and the cost of living is on par with the national benchmark, enhancing earning potential.
Is Oshkosh-Neenah, WI a good place to live for Insurance Sales Agents?
The Cost of Living Index in Oshkosh-Neenah, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oshkosh-Neenah, WI?
Some top paying nearby cities include Fond du Lac, WI ($110,650) and Appleton, WI.
How does the Oshkosh-Neenah salary compare to the national average?
The average annual salary for Insurance Sales Agents in Oshkosh-Neenah, WI is $96,490, which is notably higher than the national average of $81,510.
What is the Cost of Living in Oshkosh-Neenah, WI?
The Cost of Living Index in Oshkosh-Neenah, WI is 100, which is precisely the national average, indicating a balanced cost of living.
How concentrated is the Insurance Sales Agent job market in Oshkosh-Neenah, WI?
The Location Quotient of 0.74 suggests that the concentration of Insurance Sales Agents in Oshkosh-Neenah, WI is slightly below the national average.
What is the total number of Insurance Sales Agents in Oshkosh-Neenah, WI?
There are approximately 210 Insurance Sales Agents employed in the Oshkosh-Neenah, WI metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Oshkosh-Neenah, WI area with a job density of 2.264 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 Oshkosh-Neenah, WI