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Average Insurance Sales Agents Salary in Yuma, AZ

Insurance Sales Agents in Yuma, AZ, earn an average annual salary of $48,890. This figure is notably lower than the national average of $81,510. Local economic factors, including industry demand and the overall compensation landscape within Yuma, contribute to this disparity in pay.

Executive Summary

  • Average Salary: $48,890 per year.
  • Growth Trend: Salaries have shifted 3.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,060.
  • Outlook: With a total local workforce of 230 Insurance Sales Agents, Yuma, AZ, presents a modest but stable employment environment for this profession. The Location Quotient of 1.1 indicates a slightly higher concentration of these roles compared to the national average, suggesting a consistent, albeit not booming, demand for insurance sales expertise within the region.
2024 Market Data

Salary Overview

$48,890

The average Insurance Sales Agents in Yuma, AZ earns-40.0%below the national average.

BreakdownBased on 40h/week
Hourly

$23.5

Weekly

$940

Monthly

$4,074

Insurance Sales Agents Salary Distribution in Yuma, AZ

The career trajectory for Insurance Sales Agents in Yuma, AZ, typically involves significant salary progression with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with established client bases and advanced sales certifications can command salaries in the higher percentiles, reflecting their accumulated expertise and proven sales performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$35,860$17.2
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$36,668$17.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$38,530$18.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$61,113$29.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$65,060$31.3

Detailed Insurance Sales Agents Market Analysis

Relocation Context

Nominal Salary

$48,890

Gross Pay

Real Wage (Purchasing Power)

$48,890

Adjusted for COL (100)

The average annual salary of $48,890 in Yuma, AZ, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is below the national average, the purchasing power of this income is comparable to the national standard, suggesting that the cost of essential goods and services in Yuma is neither significantly higher nor lower than the typical American city.

Job Market Context

230

Total Jobs

3.347

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Yuma, AZ has a slightly higher-than-average concentration of Insurance Sales Agents roles compared to the national norm.

The Location Quotient of 1.1 for Insurance Sales Agents in Yuma, AZ, signifies a market where this profession is slightly more prevalent than the national average. This suggests a healthy, competitive environment where employers are actively seeking talent, but the market is not oversaturated, offering a balanced opportunity for both job seekers and hiring managers.

Nearby Job Markets

Nearby Cities for Insurance Sales Agents

CitySalaryDist.
El Centro, CA Insurance Sales Agents Salary$72,290 48%60 mi

Comparing salaries near Yuma, AZ

Hiring Insurance Sales Agentss?

Frequently Asked Questions

How much does a Insurance Sales Agents make in Yuma, AZ?

The median annual salary for a Insurance Sales Agents in Yuma, AZ is $48,890. This typically ranges from $35,860 for entry-level positions to $65,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Yuma, AZ is 40.0% lower than the national median of $81,510.

Is Yuma, AZ a lucrative place for Insurance Sales Agents?

No, not exceptionally lucrative compared to national averages.While the cost of living is average, the nominal salary for Insurance Sales Agents in Yuma, AZ, is significantly lower than the national average, indicating less financial upside.

Is Yuma, AZ a good place to live for Insurance Sales Agents?

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

Where are the highest paying cities near Yuma, AZ?

Some top paying nearby cities include El Centro, CA ($72,290) and others.

What is the average salary for an Insurance Sales Agent in Yuma, AZ?

The average annual salary for an Insurance Sales Agent in Yuma, AZ, is $48,890.

How does Yuma's cost of living compare to the national average?

Yuma, AZ, has a Cost of Living Index of 100, which is exactly the national average.

Is the job market for Insurance Sales Agents strong in Yuma, AZ?

The market is moderately concentrated with a Location Quotient of 1.1, indicating a stable demand for these professionals.

How does experience affect an Insurance Sales Agent's salary in Yuma, AZ?

Experience significantly impacts salary, with senior agents earning considerably more than entry-level professionals due to increased expertise and client portfolios.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Yuma, AZ area with a job density of 3.347 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.