Average Insurance Sales Agents Salary in Southern Ohio nonmetropolitan area
Insurance Sales Agents in Southern Ohio's nonmetropolitan areas earn an average annual salary of $59,400. This figure is notably lower than the national average of $81,510, reflecting regional economic factors and potentially a different market dynamic. The specific economic landscape and demand within this nonmetropolitan region directly influence compensation levels for these professionals.
Executive Summary
- Average Salary: $59,400 per year.
- Growth Trend: Salaries have shifted 23.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,690.
- Outlook: With a total local workforce of 360 Insurance Sales Agents, the market in Southern Ohio's nonmetropolitan areas presents a modest employment base. The Location Quotient of 0.74 suggests a slightly lower concentration of these roles compared to the national average. While not indicating an oversaturated market, it points to a stable, albeit not rapidly expanding, demand for insurance sales expertise in this region.
Salary Overview
The average Insurance Sales Agents in Southern Ohio nonmetropolitan area earns-27.1%below the national average.
$28.6
$1,142
$4,950
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Insurance Sales Agents in Southern Ohio's nonmetropolitan areas have experienced gradual growth over the past four years. This trend would likely mirror broader economic recovery and inflation, with potential for modest increases as the demand for insurance products evolves and agents gain experience.
Insurance Sales Agents Salary Distribution in Southern Ohio nonmetropolitan area
The salary trajectory for Insurance Sales Agents typically scales with experience. Entry-level positions in Southern Ohio's nonmetropolitan areas might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and extensive client networks can command significantly higher earnings. The widening gap between entry-level and senior-level salaries underscores the value of accumulated expertise and client relationship management in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $33,580 | $16.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $44,550 | $21.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,000 | $22.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $74,250 | $35.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $94,690 | $45.5 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$59,400
Gross Pay
Real Wage (Purchasing Power)
$59,400
Adjusted for COL (100)
The average nominal salary of $59,400 in Southern Ohio's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This suggests that, on average, the purchasing power of an Insurance Sales Agent's salary in this region is comparable to the national standard. Therefore, relocating professionals can expect their earnings to cover essential expenses at a rate consistent with the rest of the country.
Job Market Context
360
Total Jobs
2.242
Per 1K Jobs
0.74
Location Quotient
Southern Ohio nonmetropolitan area has 0.74x 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.
A Location Quotient of 0.74 indicates that Insurance Sales Agents are slightly less concentrated in Southern Ohio's nonmetropolitan areas compared to the national average. This suggests that while the profession is present, it is not a dominant industry sector within this specific locale. The job market is likely characterized by steady, consistent opportunities rather than intense competition or rapid hiring surges.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Insurance Sales Agents Salary | $58,390↓ 2% | 29 mi |
| Columbus, OH Insurance Sales Agents Salary | $79,610↑ 34% | 32 mi |
| Springfield, OH Insurance Sales Agents Salary | $66,510↑ 12% | 63 mi |
| Sandusky, OH Insurance Sales Agents Salary | $67,590↑ 14% | 73 mi |
| Lima, OH Insurance Sales Agents Salary | $64,060↑ 8% | 75 mi |
Comparing salaries near Southern Ohio nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Southern Ohio nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Southern Ohio nonmetropolitan area is $59,400. This typically ranges from $33,580 for entry-level positions to $94,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Ohio nonmetropolitan area is 27.1% lower than the national median of $81,510.
Is Southern Ohio nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, it is not considered highly lucrative compared to national averages.The average salary of $59,400 is significantly below the national average of $81,510, indicating lower earning potential. However, the cost of living is also at the national average, meaning the salary's purchasing power is standard.
Is Southern Ohio nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Southern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Ohio nonmetropolitan area?
Some top paying nearby cities include Mansfield, OH ($58,390) and Columbus, OH.
What is the average salary for an Insurance Sales Agent in Southern Ohio?
The average annual salary for an Insurance Sales Agent in Southern Ohio's nonmetropolitan areas is $59,400.
How does the Southern Ohio salary compare to the national average?
The average salary in Southern Ohio ($59,400) is considerably lower than the national average ($81,510) for Insurance Sales Agents.
What is the concentration of Insurance Sales Agents in this region?
The Location Quotient of 0.74 suggests that Insurance Sales Agents are slightly less concentrated in this region compared to the national average.
How does the cost of living affect the salary's value?
With a Cost of Living Index of 100, the $59,400 salary in Southern Ohio offers purchasing power equivalent to the national average, meaning expenses are neither significantly cheaper nor more expensive.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Southern Ohio nonmetropolitan area area with a job density of 2.242 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 Southern Ohio nonmetropolitan area