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Average Insurance Sales Agents Salary in Staunton-Stuarts Draft, VA

The average salary for a Insurance Sales Agents in Staunton-Stuarts Draft, VA is $87,510. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $87,510 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,310.
  • Outlook: The current demand for Insurance Sales Agentss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Staunton-Stuarts Draft, VA economy.
2024 Market Data

Salary Overview

$87,510

The average Insurance Sales Agents in Staunton-Stuarts Draft, VA earns+7.4%above the national average.

BreakdownBased on 40h/week
Hourly

$42.1

Weekly

$1,683

Monthly

$7,293

Insurance Sales Agents Salary Distribution in Staunton-Stuarts Draft, VA

The earning potential for Insurance Sales Agentss in Staunton-Stuarts Draft, VA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $35,880, while highly experienced professionals can command wages upwards of $164,310.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$35,880$17.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$65,633$31.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$58,210$28
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$109,388$52.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$164,310$79

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$87,510

Gross Pay

Real Wage (Purchasing Power)

$87,510

Adjusted for COL (100)

In Staunton-Stuarts Draft, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $87,510 to $87,510.

Job Market Context

90

Total Jobs

1.811

Per 1K Jobs

0.59

Location Quotient

Below Average

Staunton-Stuarts Draft, VA has 0.59x 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.

90 people work as Insurance Sales Agents in Staunton-Stuarts Draft, VA.

1.811 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 Staunton-Stuarts Draft, VA

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Staunton-Stuarts Draft, VA?

The median annual salary for a Insurance Sales Agents in Staunton-Stuarts Draft, VA is $87,510. This typically ranges from $35,880 for entry-level positions to $164,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Staunton-Stuarts Draft, VA is 7.4% higher than the national median of $81,510.

Is Staunton-Stuarts Draft, VA a good place for Insurance Sales Agentss?

Yes, Staunton-Stuarts Draft, VA is financially attractive for Insurance Sales Agentss. The average salary of $87,510 exceeds the national average. See distinct detailed breakdown below.

Is Staunton-Stuarts Draft, VA a good place to live for Insurance Sales Agents?

The Cost of Living Index in Staunton-Stuarts Draft, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Staunton-Stuarts Draft, VA?

Some top paying nearby cities include Harrisonburg, VA ($90,790) and Charlottesville, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Staunton-Stuarts Draft, VA area with a job density of 1.811 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.