Gray Group Insurance Brokerage Salary

Gray Group Insurance Brokerage Salary

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As of August 2026, the average annual salary for employees at Gray Group Insurance Brokerage in the United States is $90,270. This translates to an approximate hourly wage of $43. Salaries at Gray Group Insurance Brokerage typically range from $79,420 to $102,063 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Gray Group Insurance Brokerage Pay for Different Roles?

Explore detailed salary information for specific jobs at Gray Group Insurance Brokerage. Based on our data, the highest paying job is the Owner and President, with an annual salary of $407,633. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Gray Group Insurance Brokerage

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

Is Gray Group Insurance Brokerage’s Pay Competitive? Salary Benchmarking Analysis

How does Gray Group Insurance Brokerage'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
Buzz Garvin $94,099
+4.2%
Data suggests Buzz Garvin's workforce skews heavily towards veteran, high-tenure roles.
Luis Feliciano Insurance Agency LLC $86,683
-4.0%
Typical compensation structure for smaller regional agencies like Luis Feliciano Insurance Agency LLC.
Dylan Jabines Independent Insurance Agent $87,886
-2.6%
Suggests Dylan Jabines Independent Insurance Agent utilizes a highly similar base-plus-benefits compensation model.
Tyler Insurance Group LLC $91,715
+1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Insurance Industry $123,858
+37.2%
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.

How Gray Group Insurance Brokerage's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Gray Group Insurance Brokerage. Click a company name to learn more.

Employee Reviews: Working at Gray Group Insurance Brokerage

Considering a career at Gray Group Insurance Brokerage? 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.
Flexible work options are a big plus. The office spaces are modern, and remote work options add flexibility. It’s a suitable environment for those who prefer structure and stability in their work. The office environment is quiet and conducive to focused work.
Commented in April 06, 2025
22
1
It’s a great place to grow if you’re passionate about insurance. A fulfilling place to work in the insurance sector. There are opportunities for skill development, though advancement can take time. Great learning opportunities. The leadership team is forward-thinking, and career advancement is possible. The office culture is welcoming, and there are plenty of networking opportunities. This company...
Commented in January 14, 2025
16
2
Regular training sessions keep us updated on industry trends. Professional development is a priority, with access to certifications and workshops. Coworkers are friendly and always willing to collaborate. Management is straightforward, with minimal micromanagement. The team is supportive, and the work environment is positive.
Commented in November 23, 2024
13
1

Gray Group Insurance Brokerage Overview

Website
www.graygroupins.com
Founded In
2003
Employees
<25 employees
Industry
Insurance
Headquarter Address
5900 S Lake Forest Dr Mc Kinney Texas TX 75070
Revenue
<$5 Million
Phone Number
+1 2143360928
Social Media
About Gray Group Insurance Brokerage
The Gray Group Insurance Brokerage is a company that operates in the Insurance industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Mc Kinney, Texas.

What Benefits Does Gray Group Insurance Brokerage Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gray Group Insurance Brokerage 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)
Work at Gray Group Insurance Brokerage?
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What Is the Cost of Living Near Mckinney?

Understanding the cost of living near Mckinney is key to truly evaluating a salary offer or your current compensation at Gray Group Insurance Brokerage.
McKinney's Cost of Living Index is approximately 109.3 (9.3% more expensive than US average; 17.5% more than TX average). Affluent Dallas suburb (Collin Co.), high housing costs. Limited local transit. When planning your budget based on a salary from Gray Group Insurance Brokerage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Gray Group Insurance Brokerage salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gray Group Insurance Brokerage

1. How much does a Gray Group Insurance Brokerage employee make?

Gray Group Insurance Brokerage pays its employees an average of $90,270 per year. The average salary at Gray Group Insurance Brokerage range from $79,420 to $102,063 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.

2. Which similar company tend to pay more or less than Gray Group Insurance Brokerage?

The salary at Gray Group Insurance Brokerage is lesser than the similar company. The average annual salary at Gray Group Insurance Brokerage is $90,270, or an hourly wage of $43, in comparison to Buzz Garvin which pays $94,099 per year or $45 per hour.

3. How much does an Owner and President typically earn at Gray Group Insurance Brokerage?

An Owner and President at Gray Group Insurance Brokerage typically earns an average annual base salary of around $407,633, with a general range of $321,091 to $516,787.

4. Do employees with advanced degrees (Master's, PhD) earn more at Gray Group Insurance Brokerage?

In many roles at Gray Group Insurance Brokerage, 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.

5. How does the cost of living near Mckinney affect the perceived value of a Gray Group Insurance Brokerage salary?

McKinney's Cost of Living Index is approximately 109.3 (9.3% more expensive than US average; 17.5% more than TX average). This significantly impacts the purchasing power of a salary from Gray Group Insurance Brokerage based there. Our "Cost of Living Insights for Mckinney" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Gray Group Insurance Brokerage typically offer employees?

Gray Group Insurance Brokerage 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 Gray Group Insurance Brokerage" section on this page.

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