Budd Agency Inc Salary

As of August 2026, the average annual salary for employees at Budd Agency Inc in the United States is $89,626. This translates to an approximate hourly wage of $43. Salaries at Budd Agency Inc typically range from $78,861 to $101,344 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Budd Agency Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Budd Agency Inc. Based on our data, the highest paying job is the Insurance Representative, with an annual salary of $75,845. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Budd Agency Inc

Ready for your next career move? Explore current job openings at Budd Agency Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Budd Agency Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Budd Agency Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
CompassMed $85,449
-4.7%
CompassMed operates with a leaner overhead structure, impacting base wage offers.
Texas Commercial Agency $88,255
-1.5%
Confirms Texas Commercial Agency is a direct competitor vying for the exact same talent pool.
Clifford Insurance Center $81,905
-8.6%
Clifford Insurance Center may offer non-monetary perks in lieu of competitive base salaries.
Veritas Risk Management $79,131
-11.7%
Typical compensation structure for smaller regional agencies like Veritas Risk Management.
Insurance Industry $123,858
+38.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Budd Agency Inc

Considering a career at Budd Agency Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Management is fair and provides updates on company progress. Team dynamics are good, though more cross-department collaboration would be nice. The work environment is structured, and expectations are clear. The workload is reasonable, and colleagues are professional.
Highly recommend for anyone in the industry. Communication from leadership is clear, and teams are cooperative. Compensation is fair, and the benefits package is comprehensive. This company provides a stable and welcoming workplace. It’s a company that truly cares about its employees. The insurance sector experience gained here is valuable.
Rewarding work, good bonuses. Good incentives. The company is well-structured, and processes are clearly defined.

Budd Agency Inc Overview

Website
www.buddagency.com
Founded In
1924
Employees
<25 employees
Industry
Insurance
Headquarter Address
600 Avenue A Phillipsburg New Jersey NJ 08865
Revenue
<$5 Million
Phone Number
+1 9088592213
Social Media
About Budd Agency Inc
Since 1968, Budd Agency has responsibly helped clients achieve their goals and protect their assets through our knowledge, experience, and resources in insurance, real estate, and financial services. Licensed in New Jersey and Pennsylvania, our trusted associates have worked with families and businesses in Northwest New Jersey and throughout the Greater Lehigh Valley with honesty, integrity, and e

What Benefits Does Budd Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Budd Agency Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Budd Agency Inc.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Budd Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Budd Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Budd Agency Inc

1. What is the average salary for employees at Budd Agency Inc?

The average annual total compensation for employees at Budd Agency Inc is approximately $89,626. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,861 to $101,344, depending on factors like job role, experience, and location.

2. How much does Budd Agency Inc pay compared to CompassMed?

The average annual salary at Budd Agency Inc is $89,626, or an hourly wage of $43, in comparison to CompassMed which pays $85,449 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Budd Agency Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Budd Agency Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Budd Agency Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Jersey City?

While some companies offer formal COLA, many, including potentially Budd Agency Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Budd Agency Inc?

Most companies, likely including Budd Agency Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.