SalaryNode

Average Insurance Sales Agents Salary in Topeka, KS

Insurance Sales Agents in Topeka, KS, command an impressive average annual salary of $85,870, surpassing the national average of $81,510. This elevated compensation in Topeka is likely influenced by a combination of local market demand and the specific economic conditions within the state, making it a potentially rewarding location for professionals in this field.

Executive Summary

  • Average Salary: $85,870 per year.
  • Growth Trend: Salaries have shifted 56.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $149,870.
  • Outlook: Topeka, KS, demonstrates a robust job market for Insurance Sales Agents, with a total local workforce of 470 individuals. The location quotient of 1.37 indicates a higher concentration of these roles compared to the national average, suggesting a strong and potentially growing demand for insurance sales expertise within the region.
2024 Market Data

Salary Overview

$85,870

The average Insurance Sales Agents in Topeka, KS earns+5.3%above the national average.

BreakdownBased on 40h/week
Hourly

$41.3

Weekly

$1,651

Monthly

$7,156

Insurance Sales Agents Salary Distribution in Topeka, KS

The career trajectory for Insurance Sales Agents in Topeka, KS, offers significant earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven sales record can command salaries well above the average. The percentile gaps in earnings clearly signify opportunities for career advancement and increased compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$28,200$13.6
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$64,403$31
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$61,450$29.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$107,338$51.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$149,870$72.1

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$85,870

Gross Pay

Real Wage (Purchasing Power)

$85,870

Adjusted for COL (100)

For individuals considering a move to Topeka, KS, the nominal average salary of $85,870 presents a favorable financial outlook. With a Cost of Living Index at the national average of 100, the purchasing power of this salary is expected to align with national benchmarks, allowing for a comfortable lifestyle without the added financial strain of a high cost of living.

Job Market Context

470

Total Jobs

4.176

Per 1K Jobs

1.37

Location Quotient

Above Average

With a location quotient of 1.37, Topeka, KS has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.

The Location Quotient of 1.37 for Insurance Sales Agents in Topeka, KS, signifies that this profession is more concentrated locally than the national average. This suggests a competitive yet potentially abundant job market, where employers may actively seek skilled agents due to the higher prevalence of these roles within the regional workforce.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

CitySalaryDist.
Lawrence, KS Insurance Sales Agents Salary$74,260↓ 14%24 mi
Manhattan, KS Insurance Sales Agents Salary$66,400↓ 23%50 mi
Kansas City, MO-KS Insurance Sales Agents Salary$85,640↓ 0%60 mi
Kansas nonmetropolitan area Insurance Sales Agents Salary$55,760↓ 35%66 mi
St. Joseph, MO-KS Insurance Sales Agents Salary$65,160↓ 24%68 mi

Comparing salaries near Topeka, KS

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Topeka, KS?

The median annual salary for a Insurance Sales Agents in Topeka, KS is $85,870. This typically ranges from $28,200 for entry-level positions to $149,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Topeka, KS is 5.3% higher than the national median of $81,510.

Is Topeka, KS a lucrative place for Insurance Sales Agents?

Yes, Topeka, KS is a lucrative place for Insurance Sales Agents.The average salary of $85,870 significantly exceeds the national average, and the location quotient of 1.37 indicates a strong local demand for these professionals.

Is Topeka, KS a good place to live for Insurance Sales Agents?

The Cost of Living Index in Topeka, KS is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Topeka, KS?

Some top paying nearby cities include Lawrence, KS ($74,260) and Manhattan, KS.

How does the local salary compare to the national average?

Insurance Sales Agents in Topeka, KS, earn an average of $85,870 annually, which is higher than the national average of $81,510.

What is the concentration of Insurance Sales Agents in Topeka, KS?

The concentration, measured by the location quotient, is 1.37, indicating that Insurance Sales Agents are more prevalent in Topeka than the national average.

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

Topeka's Cost of Living Index is 100, which is the national average. This means the $85,870 salary has purchasing power equivalent to the national average, making it a stable financial prospect.

What does the total local workforce number imply?

With 470 Insurance Sales Agents in Topeka, it suggests a substantial and established professional community within the city.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Topeka, KS area with a job density of 4.176 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 Topeka, KS