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Average Insurance Sales Agents Salary in South Arkansas nonmetropolitan area

The average salary for Insurance Sales Agentss in South Arkansas nonmetropolitan area is $55,080. While this is lower than the national average, the cost of living in South Arkansas nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $55,080 per year.
  • Growth Trend: Salaries have shifted 10.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,820.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 170 professionals. This role remains a specialized component of the broader South Arkansas nonmetropolitan area economy.
2024 Market Data

Salary Overview

$55,080

The average Insurance Sales Agents in South Arkansas nonmetropolitan area earns-32.4%below the national average.

BreakdownBased on 40h/week
Hourly

$26.5

Weekly

$1,059

Monthly

$4,590

Insurance Sales Agents Salary Distribution in South Arkansas nonmetropolitan area

The earning potential for Insurance Sales Agentss in South Arkansas nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $24,310, while highly experienced professionals can command wages upwards of $102,820.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$24,310$11.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$41,310$19.9
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$42,670$20.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$68,850$33.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$102,820$49.4

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$55,080

Gross Pay

Real Wage (Purchasing Power)

$55,080

Adjusted for COL (100)

In South Arkansas nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $55,080 to $55,080.

Job Market Context

170

Total Jobs

1.46

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, South Arkansas nonmetropolitan area has a notably lower concentration of Insurance Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.

170 people work as Insurance Sales Agents in South Arkansas nonmetropolitan area.

1.46 out of every 1,000 local jobs are Insurance Sales Agents positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

Comparing salaries near South Arkansas nonmetropolitan area

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in South Arkansas nonmetropolitan area?

The median annual salary for a Insurance Sales Agents in South Arkansas nonmetropolitan area is $55,080. This typically ranges from $24,310 for entry-level positions to $102,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Arkansas nonmetropolitan area is 32.4% lower than the national median of $81,510.

Is South Arkansas nonmetropolitan area a good place for Insurance Sales Agentss?

It depends on your priorities. While the average Insurance Sales Agents salary in South Arkansas nonmetropolitan area is $55,080 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of South Arkansas nonmetropolitan area. See distinct detailed breakdown below.

Is South Arkansas nonmetropolitan area a good place to live for Insurance Sales Agents?

The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($76,680) and Hot Springs, AR.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 170 employees in the South Arkansas nonmetropolitan area area with a job density of 1.46 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.