| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| RJ Carignan Insurance Agency | $91,325 |
+13.7%
|
Driven by niche technical certifications required for RJ Carignan Insurance Agency's specialized projects. |
| Verrico Insurance Agency Inc | $88,266 |
+9.9%
|
Adjusted for higher cost-of-living indices in Verrico Insurance Agency Inc's primary metro hubs. |
| Tammy Ross Insurance | $87,643 |
+9.1%
|
Reflects structural premiums typical of Tammy Ross Insurance's large-cap national operations. |
| Tonia Kiser - State Farm Insurance Agent | $90,027 |
+12.1%
|
Influenced by prevailing union wage agreements specific to Tonia Kiser - State Farm Insurance Agent's sector. |
| Insurance Industry | $123,858 |
+54.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$91,325 / year
Salary Range: $80,355 - $103,258
Troy, NY
$88,266 / year
Salary Range: $77,661 - $99,807
Monroeville, PA
$87,643 / year
Salary Range: $77,111 - $99,088
Monroe, NC
$90,027 / year
Salary Range: $79,210 - $101,795
Marietta, GA
$83,466 / year
Salary Range: $73,446 - $94,381
Franklin, TN
$82,401 / year
Salary Range: $72,502 - $93,174
Sevierville, TN
$82,707 / year
Salary Range: $72,768 - $93,515
Nashville, TN
$98,571 / year
Salary Range: $86,724 - $111,452
Fair Oaks, CA
$83,962 / year
Salary Range: $73,876 - $94,942
Dunn, NC
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $850 - $1,300+ | A significant portion of Custom Insurance Services salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (MATA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,410+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Custom Insurance Services pays its employees an average of $80,334 per year. The average salary at Custom Insurance Services range from $70,678 to $90,832 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The salary at Custom Insurance Services is lesser than the similar company. The average annual salary at Custom Insurance Services is $80,334, or an hourly wage of $39, in comparison to RJ Carignan Insurance Agency which pays $91,325 per year or $44 per hour.
In many roles at Custom Insurance Services, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). This significantly impacts the purchasing power of a salary from Custom Insurance Services based there. Our "Cost of Living Insights for Memphis" module details this impact, helping you assess the 'real feel' value of your compensation.
Custom Insurance Services generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Custom Insurance Services" section on this page.
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