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Average Insurance Sales Agents Salary in Texas

Insurance Sales Agents in Texas earn an average annual salary of $66,490, which is below the national average of $81,510. This difference can be attributed to a variety of factors, including the state's specific market dynamics, regulatory environment, and the overall economic landscape that influences compensation for sales professionals.

Executive Summary

  • Average Salary: $66,490 per year.
  • Growth Trend: Salaries have shifted 2.5% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,590.
  • Outlook: With a substantial local workforce of 44,670 Insurance Sales Agents, Texas demonstrates a significant presence in this sector. The location quotient of 1.06 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a robust and established job market with consistent demand for skilled agents.
2024 Market Data

Salary Overview

$66,490

The average Insurance Sales Agents in Texas earns-18.4%below the national average.

BreakdownBased on 40h/week
Hourly

$32

Weekly

$1,279

Monthly

$5,541

Insurance Sales Agents Salary Distribution in Texas

Salary progression for Insurance Sales Agents in Texas typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned agents with a proven track record and specialized knowledge can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the value placed on expertise and performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$30,140$14.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$49,868$24
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$47,530$22.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$83,113$40
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$121,590$58.5

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$66,490

Gross Pay

Real Wage (Purchasing Power)

$71,495

Adjusted for COL (93)

The average annual salary of $66,490 in Texas presents a favorable financial situation when considering the local Cost of Living Index of 93. Since this index is below the national average of 100, the nominal salary offers a stronger purchasing power, meaning that the earned income can cover more expenses and provide a better standard of living compared to higher cost-of-living areas.

Job Market Context

44,670

Total Jobs

3.226

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Texas has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.

The Location Quotient of 1.06 for Insurance Sales Agents in Texas suggests a market that is slightly more concentrated than the national average. This indicates a competitive yet stable environment where the demand for insurance professionals is robust, potentially offering ample opportunities for both new entrants and experienced agents to find employment.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

CitySalaryDist.
Killeen-Temple, TX Insurance Sales Agents Salary$62,910↓ 5%10 mi
Waco, TX Insurance Sales Agents Salary$59,370↓ 11%41 mi
Austin-Round Rock-San Marcos, TX Insurance Sales Agents Salary$70,930↑ 7%53 mi
College Station-Bryan, TX Insurance Sales Agents Salary$55,080↓ 17%82 mi

Comparing salaries near Texas

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Frequently Asked Questions

How much does a Insurance Sales Agents make in Texas?

The median annual salary for a Insurance Sales Agents in Texas is $66,490. This typically ranges from $30,140 for entry-level positions to $121,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 18.4% lower than the national median of $81,510.

Is Texas a lucrative place for Insurance Sales Agentss?

Yes, Texas offers a competitive environment for Insurance Sales Agents.While the average salary is slightly below the national average, the lower cost of living enhances purchasing power. The strong concentration of agents also indicates a healthy job market.

Is Texas a good place to live for Insurance Sales Agents?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($62,910) and Waco, TX.

How does Texas compare to the national average salary for Insurance Sales Agents?

Insurance Sales Agents in Texas earn an average of $66,490 annually, which is less than the national average of $81,510.

What is the concentration of Insurance Sales Agents in Texas?

Texas has a Location Quotient of 1.06 for Insurance Sales Agents, indicating a slightly higher concentration of these professionals compared to the national average.

How does the cost of living in Texas affect the salary?

With a Cost of Living Index of 93 (100 being the national average), the $66,490 salary in Texas offers better purchasing power than the national average salary in a higher cost-of-living area.

What is the total workforce of Insurance Sales Agents in Texas?

There are approximately 44,670 Insurance Sales Agents employed in Texas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 44,670 employees in the Texas area with a job density of 3.226 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Insurance Sales Agents • Data source: BLS OEWS 2024 •Jobs in Texas