Average Insurance Sales Agents Salary in Seattle-Tacoma-Bellevue, WA
Insurance Sales Agents in the Seattle-Tacoma-Bellevue, WA metropolitan area earn an impressive average annual salary of $85,210. This figure surpasses the national average of $81,510, indicating a slightly more lucrative market in this region. The higher compensation can often be attributed to a combination of factors including a strong regional economy and the specific demands of the local insurance market.
Executive Summary
- Average Salary: $85,210 per year.
- Growth Trend: Salaries have shifted 11.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,310.
- Outlook: The Seattle-Tacoma-Bellevue area supports a robust workforce of 5,870 Insurance Sales Agents. With a Location Quotient of 0.93, the concentration of these professionals is nearly on par with the national average, suggesting a stable and established market. The presence of nearly 3 Insurance Sales Agents per 1,000 workers further underscores the consistent demand for these services within the region.
Salary Overview
The average Insurance Sales Agents in Seattle-Tacoma-Bellevue, WA earns+4.5%above the national average.
$41
$1,639
$7,101
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 Seattle-Tacoma-Bellevue, WA have seen consistent growth over the past four years, mirroring national trends. Economic expansion and evolving insurance needs likely contribute to upward pressure on compensation, reflecting a healthy and dynamic job market.
Insurance Sales Agents Salary Distribution in Seattle-Tacoma-Bellevue, WA
Career progression for Insurance Sales Agents in Seattle-Tacoma-Bellevue, WA, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with established client bases and specialized knowledge can command salaries in the higher percentiles. These percentile gaps are a clear indicator of the substantial earning potential and career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $39,910 | $19.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $63,908 | $30.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $62,880 | $30.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $106,513 | $51.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $136,310 | $65.5 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$85,210
Gross Pay
Real Wage (Purchasing Power)
$85,210
Adjusted for COL (100)
For professionals considering a move to Seattle-Tacoma-Bellevue, WA, the average annual salary of $85,210 aligns perfectly with the national average cost of living index of 100. This means that your nominal earnings will likely translate directly to purchasing power comparable to the national average, offering a stable financial foundation without immediate concerns about affordability.
Job Market Context
5,870
Total Jobs
2.818
Per 1K Jobs
0.93
Location Quotient
Seattle-Tacoma-Bellevue, WA has 0.93x 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 0.93 for Insurance Sales Agents in Seattle-Tacoma-Bellevue, WA, indicates that the job market is nearly as concentrated as the national average. This suggests a competitive yet accessible environment where demand for insurance services is well-met by the available workforce, offering good opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Bremerton-Silverdale-Port Orchard, WA Insurance Sales Agents Salary | $55,380↓ 35% | 18 mi |
| Western Washington nonmetropolitan area Insurance Sales Agents Salary | $60,030↓ 30% | 42 mi |
| Eastern Washington nonmetropolitan area Insurance Sales Agents Salary | $64,710↓ 24% | 42 mi |
| Olympia-Lacey-Tumwater, WA Insurance Sales Agents Salary | $82,400↓ 3% | 47 mi |
| Mount Vernon-Anacortes, WA Insurance Sales Agents Salary | $61,870↓ 27% | 56 mi |
Comparing salaries near Seattle-Tacoma-Bellevue, WA
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Frequently Asked Questions
How much does a Insurance Sales Agents make in Seattle-Tacoma-Bellevue, WA?
The median annual salary for a Insurance Sales Agents in Seattle-Tacoma-Bellevue, WA is $85,210. This typically ranges from $39,910 for entry-level positions to $136,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Seattle-Tacoma-Bellevue, WA is 4.5% higher than the national median of $81,510.
Is Seattle-Tacoma-Bellevue, WA a lucrative place for Insurance Sales Agentss?
Yes, it is a slightly more lucrative place for Insurance Sales Agents.The average salary of $85,210 is higher than the national average, and the cost of living is on par with the national average, allowing for strong purchasing power.
Is Seattle-Tacoma-Bellevue, WA a good place to live for Insurance Sales Agents?
The Cost of Living Index in Seattle-Tacoma-Bellevue, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Seattle-Tacoma-Bellevue, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($55,380) and Western Washington nonmetropolitan area.
How does the Seattle-Tacoma-Bellevue salary compare to the national average?
Insurance Sales Agents in Seattle-Tacoma-Bellevue, WA earn an average of $85,210 annually, which is approximately $3,700 more than the national average of $81,510.
What is the cost of living in Seattle-Tacoma-Bellevue, WA?
The cost of living in Seattle-Tacoma-Bellevue, WA is indexed at 100, which is exactly the national average. This means that the cost of goods and services is comparable to the rest of the country.
How many Insurance Sales Agents are there in Seattle-Tacoma-Bellevue, WA?
The Seattle-Tacoma-Bellevue, WA metropolitan area has a total workforce of 5,870 Insurance Sales Agents.
Is the job market for Insurance Sales Agents saturated in Seattle-Tacoma-Bellevue, WA?
With a Location Quotient of 0.93, the market is very close to the national average concentration, suggesting a balanced job market that is neither overly saturated nor experiencing a significant shortage.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,870 employees in the Seattle-Tacoma-Bellevue, WA area with a job density of 2.818 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 Seattle-Tacoma-Bellevue, WA