Essig Agency Inc Salary

As of August 2026, the average annual salary for employees at Essig Agency Inc in the United States is $87,643. This translates to an approximate hourly wage of $42. Salaries at Essig Agency Inc typically range from $77,111 to $99,088 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Essig Agency Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Essig Agency Inc. Based on our data, the highest paying job is the Bookkeeper, with an annual salary of $35,501. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Essig Agency Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Essig 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
Mlynarek Insurance Agencies $91,325
+4.2%
Reflects a supply-demand imbalance for the specific talent Mlynarek Insurance Agencies targets.
Pittman Insurance Group LLC $86,873
-0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Corkhill Insurance Agency LLC $85,375
-2.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Schnitman Group Inc $82,886
-5.4%
Schnitman Group Inc focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+41.3%
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 Essig Agency Inc

Considering a career at Essig 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.
Teamwork is strong, and leadership is transparent. The office atmosphere is friendly, and remote work options are a plus. Work is consistent but not overly exciting. The benefits package is above average, including health and retirement plans.
The work environment is dynamic, and colleagues are supportive. Strong training programs. Reliable employer overall. The work-life balance is excellent, and the company offers flexible hours, which is a huge plus. A great place for insurance professionals. The company offers competitive benefits, a supportive team, and opportunities for growth.
This company fosters a welcoming environment where employees feel valued. It’s a company that truly cares about its employees. The insurance products are diverse, keeping the work interesting. The company offers great training and development programs.

Essig Agency Inc Overview

Website
www.essigagency.com
Founded In
1981
Employees
<25 employees
Industry
Insurance
Headquarter Address
101 N Broadway St Spring Valley Minnesota MN 55975
Revenue
<$5 Million
Phone Number
+1 5073467244
Social Media
About Essig Agency Inc
Essig Agency, Inc is a full-service independent insurance agency offering a wide variety of products with several convenient locations throughout southeastern Minnesota. Essig Agency, Inc is an independent agency licensed with multiple insurance carriers, providing you with several options to fit your insurance profile. Our agents and staff strive to offer superior customer service. Our agents are

What Benefits Does Essig Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Essig 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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What Is the Cost of Living Near Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at Essig Agency Inc.
Rochester's Cost of Living Index is approximately 98.2 (1.8% less expensive than US average; 1.1% more than MN average). Home to Mayo Clinic, housing near US avg. RPT. When planning your budget based on a salary from Essig Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Essig Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (RPT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,450 - $3,850+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Essig Agency Inc

1. What is the typical salary range (low to high) for most roles at Essig Agency Inc?

The typical annual salary range for most roles at Essig Agency Inc is approximately from $77,111 to $99,088. 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.

2. How much does Essig Agency Inc pay compared to Mlynarek Insurance Agencies?

The average annual salary at Essig Agency Inc is $87,643, or an hourly wage of $42, in comparison to Mlynarek Insurance Agencies which pays $91,325 per year or $44 per hour.

3. How does experience level affect salary at Essig Agency Inc?

Experience level is a significant factor in determining salary at Essig Agency Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Essig Agency Inc in Rochester is fair given the local cost of living?

To determine if a salary offer from Essig Agency Inc in Rochester is fair, first compare the gross salary to our data for similar roles at Essig Agency Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Rochester" to understand its purchasing power.

5. What are the key factors that influence salary levels at Essig Agency Inc?

Several key factors influence salary levels at Essig Agency Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Essig Agency Inc likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.