Average Insurance Sales Agents Salary in Southwestern Pennsylvania nonmetropolitan area
Insurance Sales Agents in the Southwestern Pennsylvania nonmetropolitan area earn an average annual salary of $63,080. This figure falls below the national average of $81,510, reflecting regional economic factors and potentially lower demand compared to more densely populated or economically vibrant areas. The compensation structure in this region is likely influenced by local market conditions and the cost of doing business.
Executive Summary
- Average Salary: $63,080 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,910.
- Outlook: With a total local workforce of 350 Insurance Sales Agents, the market in Southwestern Pennsylvania's nonmetropolitan area is relatively stable. The Location Quotient of 0.83 suggests a slightly lower concentration of these professionals compared to the national average, indicating a moderate but not saturated job market. The rate of 2.524 jobs per 1,000 workers further supports a steady demand for skilled agents in this locale.
Salary Overview
The average Insurance Sales Agents in Southwestern Pennsylvania nonmetropolitan area earns-22.6%below the national average.
$30.3
$1,213
$5,257
Insurance Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Insurance Sales Agents in Southwestern Pennsylvania nonmetropolitan areas have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typically driven by an increasing need for insurance coverage, evolving market demands, and the ongoing efforts of agents to enhance their skills and client bases.
Insurance Sales Agents Salary Distribution in Southwestern Pennsylvania nonmetropolitan area
Salary progression for Insurance Sales Agents in Southwestern Pennsylvania nonmetropolitan areas typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and specialized knowledge can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,630 | $17.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $47,310 | $22.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,390 | $23.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $78,850 | $37.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $101,910 | $49 |
Detailed Insurance Sales Agents Market Analysis
Relocation Context
Nominal Salary
$63,080
Gross Pay
Real Wage (Purchasing Power)
$63,080
Adjusted for COL (100)
The average annual salary of $63,080 in Southwestern Pennsylvania's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an agent's salary in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
350
Total Jobs
2.524
Per 1K Jobs
0.83
Location Quotient
Southwestern Pennsylvania nonmetropolitan area has 0.83x 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 0.83 for Insurance Sales Agents in Southwestern Pennsylvania's nonmetropolitan area indicates a market that is slightly less concentrated than the national average. This suggests that while the profession is present and functional, there isn't an overabundance of agents, potentially leading to a competitive yet accessible environment for new entrants and established professionals alike.
Nearby Job Markets
Nearby Cities for Insurance Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Williamsport, PA Insurance Sales Agents Salary | $66,470↑ 5% | 9 mi |
| State College, PA Insurance Sales Agents Salary | $77,280↑ 23% | 45 mi |
| Elmira, NY Insurance Sales Agents Salary | $70,640↑ 12% | 65 mi |
| Harrisburg-Carlisle, PA Insurance Sales Agents Salary | $74,650↑ 18% | 66 mi |
| Lebanon, PA Insurance Sales Agents Salary | $66,340↑ 5% | 72 mi |
Comparing salaries near Southwestern Pennsylvania nonmetropolitan area
Hiring Insurance Sales Agentss?
Frequently Asked Questions
How much does a Insurance Sales Agents make in Southwestern Pennsylvania nonmetropolitan area?
The median annual salary for a Insurance Sales Agents in Southwestern Pennsylvania nonmetropolitan area is $63,080. This typically ranges from $36,630 for entry-level positions to $101,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwestern Pennsylvania nonmetropolitan area is 22.6% lower than the national median of $81,510.
Is Southwestern Pennsylvania nonmetropolitan area a lucrative place for Insurance Sales Agentss?
No, but it offers stable opportunities.While the average salary of $63,080 is below the national average, the Cost of Living Index of 100 means purchasing power is on par nationally. The market is stable with moderate concentration.
Is Southwestern Pennsylvania nonmetropolitan area a good place to live for Insurance Sales Agents?
The Cost of Living Index in Southwestern Pennsylvania nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwestern Pennsylvania nonmetropolitan area?
Some top paying nearby cities include Williamsport, PA ($66,470) and State College, PA.
How does the local workforce size affect job opportunities?
A local workforce of 350 suggests a moderately sized market. While not as large as metropolitan areas, it indicates a consistent need for Insurance Sales Agents and a stable job environment.
What does a Location Quotient of 0.83 mean for job seekers?
A Location Quotient below 1.0, like 0.83, means there are fewer Insurance Sales Agents per capita here than the national average. This could imply less competition for new agents entering the market.
How does the cost of living impact the $63,080 salary?
With a Cost of Living Index of 100, the $63,080 salary has the same purchasing power as the national average. This means your earnings will stretch similarly to what they would in a typical U.S. location.
Are there many insurance sales jobs per thousand workers in this area?
With 2.524 jobs per 1,000 workers, the density of Insurance Sales Agent roles is present, indicating a consistent demand for these services within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Southwestern Pennsylvania nonmetropolitan area area with a job density of 2.524 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 Southwestern Pennsylvania nonmetropolitan area