Average Insurance Sales Agents Salary in Owensboro, KY
The average salary for Insurance Sales Agentss in Owensboro, KY is $62,310. While this is lower than the national average, the cost of living in Owensboro, KY may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $62,310 per year.
- Growth Trend: Salaries have shifted 16.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,280.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 150 professionals. With a high job density of 3.112 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
Salary Overview
The average Insurance Sales Agents in Owensboro, KY earns-23.6%below the national average.
$30
$1,198
$5,193
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Owensboro, KY have shown healthy growth of 16.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Owensboro, KY
The earning potential for Insurance Sales Agentss in Owensboro, KY 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 $29,580, while highly experienced professionals can command wages upwards of $107,280.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,580 | $14.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $46,733 | $22.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $57,410 | $27.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $77,888 | $37.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $107,280 | $51.6 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$62,310
Gross Pay
Real Wage (Purchasing Power)
$62,310
Adjusted for COL (100)
In Owensboro, KY, the Cost of Living Index is 100. This increases your effective purchasing power from $62,310 to $62,310.
Job Market Context
150
Total Jobs
3.112
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Owensboro, KY has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.
150 people work as Insurance Sales Agents in Owensboro, KY.
Moderate density — roughly 3.112 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Evansville, IN Insurance Sales Agents Salary | $62,050↓ 0% | 28 mi |
| Bowling Green, KY Insurance Sales Agents Salary | $83,240↑ 34% | 66 mi |
| Elizabethtown, KY Insurance Sales Agents Salary | $63,420↑ 2% | 68 mi |
| Louisville/Jefferson County, KY-IN Insurance Sales Agents Salary | $105,740↑ 70% | 82 mi |
| Clarksville, TN-KY Insurance Sales Agents Salary | $62,640↑ 1% | 83 mi |
Comparing salaries near Owensboro, KY
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Owensboro, KY?
The median annual salary for a Insurance Sales Agents in Owensboro, KY is $62,310. This typically ranges from $29,580 for entry-level positions to $107,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Owensboro, KY is 23.6% lower than the national median of $81,510.
Is Owensboro, KY a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Owensboro, KY is $62,310 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Owensboro, KY. See distinct detailed breakdown below.
Is Owensboro, KY a good place to live for Insurance Sales Agents?
The Cost of Living Index in Owensboro, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Owensboro, KY?
Some top paying nearby cities include Evansville, IN ($62,050) and Bowling Green, KY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Owensboro, KY area with a job density of 3.112 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 Owensboro, KY