Average Insurance Sales Agents Salary in Ponce, PR
The average salary for Insurance Sales Agentss in Ponce, PR is $39,240. While this is lower than the national average, the cost of living in Ponce, PR may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $39,240 per year.
- Growth Trend: Salaries have shifted 46.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,980.
- Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Ponce, PR economy.
Salary Overview
The average Insurance Sales Agents in Ponce, PR earns-51.9%below the national average.
$18.9
$755
$3,270
Insurance Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Insurance Sales Agents salaries in Ponce, PR have experienced a rapid surge, growing by 46.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Sales Agents Salary Distribution in Ponce, PR
The earning potential for Insurance Sales Agentss in Ponce, PR varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $21,210, while highly experienced professionals can command wages upwards of $58,980.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $21,210 | $10.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $29,430 | $14.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $37,690 | $18.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $49,050 | $23.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $58,980 | $28.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$39,240
Gross Pay
Real Wage (Purchasing Power)
$39,240
Adjusted for COL (100)
In Ponce, PR, the Cost of Living Index is 100. This increases your effective purchasing power from $39,240 to $39,240.
Job Market Context
130
Total Jobs
2.003
Per 1K Jobs
0.66
Location Quotient
Ponce, PR has 0.66x 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.
130 people work as Insurance Sales Agents in Ponce, PR.
Moderate density — roughly 2.003 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Arecibo, PR Insurance Sales Agents Salary | $41,290↑ 5% | 31 mi |
| Mayaguez, PR Insurance Sales Agents Salary | $38,700↓ 1% | 34 mi |
| San Juan-Bayamon-Caguas, PR Insurance Sales Agents Salary | $40,750↑ 4% | 45 mi |
Comparing salaries near Ponce, PR
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Ponce, PR?
The median annual salary for a Insurance Sales Agents in Ponce, PR is $39,240. This typically ranges from $21,210 for entry-level positions to $58,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ponce, PR is 51.9% lower than the national median of $81,510.
Is Ponce, PR a good place for Insurance Sales Agentss?
It depends on your priorities. While the average Insurance Sales Agents salary in Ponce, PR is $39,240 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Ponce, PR. See distinct detailed breakdown below.
Is Ponce, PR a good place to live for Insurance Sales Agents?
The Cost of Living Index in Ponce, PR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ponce, PR?
Some top paying nearby cities include Arecibo, PR ($41,290) and Mayaguez, PR.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Ponce, PR area with a job density of 2.003 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 Ponce, PR