Average Insurance Sales Agents Salary in Portland-Vancouver-Hillsboro, OR-WA
Insurance Sales Agents in the Portland-Vancouver-Hillsboro, OR-WA metropolitan area earn an average annual salary of $77,280. This figure is slightly below the national average of $81,510, suggesting that while the market is stable, regional economic factors or a slightly lower demand compared to other areas may influence compensation. The specific economic landscape and industry concentration within this region play a key role in shaping these local pay rates.
Executive Summary
- Average Salary: $77,280 per year.
- Growth Trend: Salaries have shifted 6.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,720.
- Outlook: The Portland-Vancouver-Hillsboro, OR-WA area supports a local workforce of 3,030 Insurance Sales Agents. With a Location Quotient of 0.82, the concentration of these roles is marginally below the national average, indicating a stable but not exceptionally concentrated job market. The presence of nearly 2.5 jobs per 1,000 workers suggests a consistent demand for skilled insurance professionals within the region.
Salary Overview
The average Insurance Sales Agents in Portland-Vancouver-Hillsboro, OR-WA earns-5.2%below the national average.
$37.2
$1,486
$6,440
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this exact period isn't provided, it's reasonable to assume that salaries for Insurance Sales Agents in Portland-Vancouver-Hillsboro, OR-WA have seen moderate growth over the past four years, mirroring national trends. Factors such as inflation, evolving insurance products, and increased demand for financial planning services likely contribute to a gradual upward trajectory in average earnings.
Insurance Sales Agents Salary Distribution in Portland-Vancouver-Hillsboro, OR-WA
The salary range for Insurance Sales Agents in Portland-Vancouver-Hillsboro, OR-WA typically widens significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with a proven track record and specialized knowledge can command salaries well above the average. These percentile gaps are a clear indicator of career progression and the value placed on expertise and client acquisition success.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $39,450 | $19 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,960 | $27.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $61,290 | $29.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $96,600 | $46.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $125,720 | $60.4 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$77,280
Gross Pay
Real Wage (Purchasing Power)
$77,280
Adjusted for COL (100)
An average annual salary of $77,280 in Portland-Vancouver-Hillsboro, OR-WA aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in this region is comparable to the national average. While not offering a significant cost-of-living advantage, it suggests that the nominal salary is adequate for maintaining a standard of living equivalent to the rest of the country.
Job Market Context
3,030
Total Jobs
2.497
Per 1K Jobs
0.82
Location Quotient
Portland-Vancouver-Hillsboro, OR-WA has 0.82x 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.
The Location Quotient of 0.82 for Insurance Sales Agents in Portland-Vancouver-Hillsboro, OR-WA indicates that the job market here is slightly less concentrated than the national average. This suggests a moderately competitive environment where demand is present but not overwhelmingly high, offering a balanced landscape for both job seekers and employers. It implies that while opportunities exist, they may require a more targeted approach compared to areas with higher concentration.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Salem, OR Insurance Sales Agents Salary | $95,950↑ 24% | 44 mi |
| Longview-Kelso, WA Insurance Sales Agents Salary | $57,420↓ 26% | 46 mi |
| Albany, OR Insurance Sales Agents Salary | $64,890↓ 16% | 65 mi |
| Corvallis, OR Insurance Sales Agents Salary | $59,400↓ 23% | 72 mi |
| Coast Oregon nonmetropolitan area Insurance Sales Agents Salary | $58,770↓ 24% | 72 mi |
Comparing salaries near Portland-Vancouver-Hillsboro, OR-WA
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Portland-Vancouver-Hillsboro, OR-WA?
The median annual salary for a Insurance Sales Agents in Portland-Vancouver-Hillsboro, OR-WA is $77,280. This typically ranges from $39,450 for entry-level positions to $125,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-Vancouver-Hillsboro, OR-WA is 5.2% lower than the national median of $81,510.
Is Portland-Vancouver-Hillsboro, OR-WA a lucrative place for Insurance Sales Agentss?
No, not significantly more lucrative than the national average.The average salary of $77,280 is below the national average, and the Cost of Living is exactly at the national average, offering no distinct financial advantage.
Is Portland-Vancouver-Hillsboro, OR-WA a good place to live for Insurance Sales Agents?
The Cost of Living Index in Portland-Vancouver-Hillsboro, OR-WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-Vancouver-Hillsboro, OR-WA?
Some top paying nearby cities include Salem, OR ($95,950) and Longview-Kelso, WA.
How does the local workforce size impact job opportunities?
With 3,030 Insurance Sales Agents, the local workforce is substantial enough to indicate a consistent market, but the slightly below-average Location Quotient suggests that competition might be present without an oversupply of roles.
What is the significance of the Jobs per 1,000 Workers metric?
The 2.497 jobs per 1,000 workers metric shows that for every thousand individuals in the local workforce, nearly two and a half are Insurance Sales Agents, reflecting a steady, albeit not exceptionally high, demand for this profession.
How does experience affect an Insurance Sales Agent's salary in Portland?
Experienced Insurance Sales Agents in Portland typically earn considerably more than entry-level professionals, with salary growth directly correlated to years of service, client base development, and sales performance.
Should I consider relocating to Portland for an Insurance Sales Agent role?
Relocation is a neutral financial decision from a salary-to-cost-of-living perspective, as the $77,280 salary matches the national average cost of living. Consider lifestyle and career growth opportunities beyond just compensation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,030 employees in the Portland-Vancouver-Hillsboro, OR-WA area with a job density of 2.497 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 Portland-Vancouver-Hillsboro, OR-WA