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Average Insurance Sales Agents Salary in Western Wisconsin nonmetropolitan area

Insurance Sales Agents in Western Wisconsin's nonmetropolitan areas are earning a substantial average annual salary of $101,090. This figure significantly outpaces the national average of $81,510, suggesting that specific regional economic factors or a concentrated demand for insurance services in this area are driving higher compensation. The unique market dynamics of nonmetropolitan Wisconsin appear to offer a distinct advantage for these professionals.

Executive Summary

  • Average Salary: $101,090 per year.
  • Growth Trend: Salaries have shifted 28.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,870.
  • Outlook: With a total local workforce of 240 Insurance Sales Agents, the market in Western Wisconsin's nonmetropolitan areas presents a stable, albeit niche, employment landscape. The Location Quotient of 0.6 indicates a lower concentration of these roles compared to the national average, suggesting that while the absolute number of jobs isn't vast, the existing roles are integral to the local economy. The 1.838 jobs per 1,000 workers metric further contextualizes the steady, consistent demand for insurance expertise in the region.
2024 Market Data

Salary Overview

$101,090

The average Insurance Sales Agents in Western Wisconsin nonmetropolitan area earns+24.0%above the national average.

BreakdownBased on 40h/week
Hourly

$48.6

Weekly

$1,944

Monthly

$8,424

Insurance Sales Agents Salary Distribution in Western Wisconsin nonmetropolitan area

The career path for Insurance Sales Agents typically involves significant salary progression based on experience and performance. Entry-level positions may start at a lower percentile, but with dedicated effort, skill development, and a proven track record, agents can ascend to senior roles commanding higher earnings. The substantial difference between entry-level and senior-level salaries, often reflected in percentile data, highlights the significant earning potential and career advancement opportunities available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$47,990$23.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$75,818$36.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$80,920$38.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$126,363$60.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$158,870$76.4

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$101,090

Gross Pay

Real Wage (Purchasing Power)

$101,090

Adjusted for COL (100)

The average annual salary of $101,090 in Western Wisconsin's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Insurance Sales Agent's salary in this region is equivalent to the national standard. Professionals relocating to this area can expect their earnings to cover expenses at a rate comparable to the rest of the country, making it a financially stable environment without the added burden of a higher cost of living.

Job Market Context

240

Total Jobs

1.838

Per 1K Jobs

0.6

Location Quotient

Below Average

Western Wisconsin nonmetropolitan area has 0.60x 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 0.6 for Insurance Sales Agents in Western Wisconsin's nonmetropolitan areas indicates that this profession is less concentrated here than the national average. This suggests that while the absolute number of jobs may be smaller, the market is not oversaturated. Professionals in this field may find a less competitive environment compared to more densely populated areas, potentially leading to greater opportunities for establishing a strong client base and achieving financial success.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

Comparing salaries near Western Wisconsin nonmetropolitan area

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Western Wisconsin nonmetropolitan area?

The median annual salary for a Insurance Sales Agents in Western Wisconsin nonmetropolitan area is $101,090. This typically ranges from $47,990 for entry-level positions to $158,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Western Wisconsin nonmetropolitan area is 24.0% higher than the national median of $81,510.

Is Western Wisconsin nonmetropolitan area a lucrative place for Insurance Sales Agentss?

Yes, it is a lucrative place for Insurance Sales Agents.The average salary of $101,090 significantly exceeds the national average, and the cost of living is on par with the national index, indicating strong purchasing power.

Is Western Wisconsin nonmetropolitan area a good place to live for Insurance Sales Agents?

The Cost of Living Index in Western Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Western Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($70,300) and Oshkosh-Neenah, WI.

How does the salary compare to the national average?

The average annual salary for Insurance Sales Agents in Western Wisconsin nonmetropolitan areas is $101,090, which is considerably higher than the national average of $81,510.

What is the Cost of Living in Western Wisconsin nonmetropolitan areas?

The Cost of Living Index in this region is 100, which is exactly the national average, meaning expenses are comparable to the rest of the United States.

How concentrated is the job market for Insurance Sales Agents in this area?

The Location Quotient is 0.6, indicating that Insurance Sales Agents are less concentrated in this region compared to the national average, suggesting a less competitive market.

What is the total number of Insurance Sales Agents in this region?

There are approximately 240 Insurance Sales Agents employed in the Western Wisconsin nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Western Wisconsin nonmetropolitan area area with a job density of 1.838 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.