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Average Insurance Sales Agents Salary in Savannah, GA

Insurance Sales Agents in Savannah, GA, earn an average annual salary of $77,010. This figure is slightly below the national average of $81,510, indicating a localized compensation structure influenced by regional economic factors and market demand within the Savannah area. While not reaching the national benchmark, this salary reflects the specific economic landscape of Georgia's coastal region.

Executive Summary

  • Average Salary: $77,010 per year.
  • Growth Trend: Salaries have shifted 2.2% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $131,150.
  • Outlook: The job market for Insurance Sales Agents in Savannah, GA, appears stable with a total local workforce of 470 individuals. The Location Quotient of 0.78 suggests a slightly lower concentration of these roles compared to the national average, implying a moderate but not saturated demand for insurance professionals in the city.
2024 Market Data

Salary Overview

$77,010

The average Insurance Sales Agents in Savannah, GA earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$37

Weekly

$1,481

Monthly

$6,418

Insurance Sales Agents Salary Distribution in Savannah, GA

Salary progression for Insurance Sales Agents in Savannah, GA, typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles of the $77,010 average. These percentile gaps highlight clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$37,880$18.2
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$57,758$27.8
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$48,200$23.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$96,263$46.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$131,150$63.1

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$77,010

Gross Pay

Real Wage (Purchasing Power)

$77,010

Adjusted for COL (100)

With a Cost of Living Index of 100, Savannah, GA, presents a neutral cost of living compared to the national average. This means the nominal salary of $77,010 for Insurance Sales Agents holds its purchasing power directly in line with the national average, offering a balanced financial environment for residents.

Job Market Context

470

Total Jobs

2.385

Per 1K Jobs

0.78

Location Quotient

Below Average

Savannah, GA has 0.78x 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 0.78 for Insurance Sales Agents in Savannah, GA, indicates that the profession is slightly less concentrated than the national average. This suggests that while there is a presence of insurance sales professionals, the market is not oversaturated, potentially offering good opportunities for skilled agents to establish themselves.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

CitySalaryDist.
Hilton Head Island-Bluffton-Port Royal, SC Insurance Sales Agents Salary$70,750↓ 8%28 mi
Brunswick-St. Simons, GA Insurance Sales Agents Salary$59,080↓ 23%63 mi
Charleston-North Charleston, SC Insurance Sales Agents Salary$86,470↑ 12%89 mi

Comparing salaries near Savannah, GA

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Savannah, GA?

The median annual salary for a Insurance Sales Agents in Savannah, GA is $77,010. This typically ranges from $37,880 for entry-level positions to $131,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Savannah, GA is 5.5% lower than the national median of $81,510.

Is Savannah, GA a lucrative place for Insurance Sales Agents?

Moderately so.Insurance Sales Agents in Savannah earn $77,010 annually, which is slightly below the national average, but the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Savannah, GA a good place to live for Insurance Sales Agents?

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

Where are the highest paying cities near Savannah, GA?

Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($70,750) and Brunswick-St. Simons, GA.

How does Savannah's cost of living compare to the national average?

Savannah, GA, has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services in Savannah is comparable to the rest of the country.

What is the concentration of Insurance Sales Agents in Savannah compared to the nation?

The Location Quotient for Insurance Sales Agents in Savannah is 0.78, meaning the concentration of these jobs is slightly lower than the national average.

How many Insurance Sales Agent jobs are there per 1,000 workers in Savannah?

There are approximately 2.385 jobs for Insurance Sales Agents per 1,000 workers in Savannah, GA.

What is the total number of Insurance Sales Agents in Savannah?

The total local workforce for Insurance Sales Agents in Savannah, GA, is estimated to be 470 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Savannah, GA area with a job density of 2.385 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Savannah, GA