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Average Insurance Sales Agents Salary in Salisbury, MD

The average salary for Insurance Sales Agentss in Salisbury, MD is $60,690. While this is lower than the national average, the cost of living in Salisbury, MD may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $60,690 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $89,640.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 180 professionals. With a high job density of 3.388 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
2024 Market Data

Salary Overview

$60,690

The average Insurance Sales Agents in Salisbury, MD earns-25.5%below the national average.

BreakdownBased on 40h/week
Hourly

$29.2

Weekly

$1,167

Monthly

$5,058

Insurance Sales Agents Salary Distribution in Salisbury, MD

The earning potential for Insurance Sales Agentss in Salisbury, MD varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $35,010, while highly experienced professionals can command wages upwards of $89,640.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$35,010$16.8
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$45,518$21.9
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$57,870$27.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$75,863$36.5
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$89,640$43.1

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$60,690

Gross Pay

Real Wage (Purchasing Power)

$60,690

Adjusted for COL (100)

In Salisbury, MD, the Cost of Living Index is 100. This increases your effective purchasing power from $60,690 to $60,690.

Job Market Context

180

Total Jobs

3.388

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Salisbury, MD has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.

180 people work as Insurance Sales Agents in Salisbury, MD.

Moderate density — roughly 3.388 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

Comparing salaries near Salisbury, MD

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Salisbury, MD?

The median annual salary for a Insurance Sales Agents in Salisbury, MD is $60,690. This typically ranges from $35,010 for entry-level positions to $89,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salisbury, MD is 25.5% lower than the national median of $81,510.

Is Salisbury, MD a good place for Insurance Sales Agentss?

It depends on your priorities. While the average Insurance Sales Agents salary in Salisbury, MD is $60,690 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Salisbury, MD. See distinct detailed breakdown below.

Is Salisbury, MD a good place to live for Insurance Sales Agents?

The Cost of Living Index in Salisbury, MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salisbury, MD?

Some top paying nearby cities include Lexington Park, MD ($63,100) and Dover, DE.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Salisbury, MD area with a job density of 3.388 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.