Hankoff Insurance Group Inc Salary

Hankoff Insurance Group Inc Salary

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As of August 2026, the average annual salary for employees at Hankoff Insurance Group Inc in the United States is $92,738. This translates to an approximate hourly wage of $45. Salaries at Hankoff Insurance Group Inc typically range from $81,592 to $104,855 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Hankoff Insurance Group Inc

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

Is Hankoff Insurance Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hankoff Insurance Group 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
Endres Insurance Agency Inc $90,533
-2.4%
Indicates identical technical requirements and experience levels between the two firms.
Ortez Insurance Agcy Inc $89,658
-3.3%
Ortez Insurance Agcy Inc likely leverages performance bonuses over the high base salary shown here.
Commercial Sector Insurance Brokers $86,662
-6.6%
Typical compensation structure for smaller regional agencies like Commercial Sector Insurance Brokers.
Grove Davis Insurance $86,283
-7.0%
Grove Davis Insurance may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+33.6%
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 Hankoff Insurance Group Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Hankoff Insurance Group Inc

Considering a career at Hankoff Insurance Group 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.
The company culture is inclusive, and managers genuinely care about employee development. I see myself growing here long-term. Leadership is transparent, and team collaboration is strong. I joined this company a year ago and have no regrets. Managers are open to feedback and promote a positive work culture.
Commented in February 19, 2025
30
2
Compensation is competitive, making it a great place to stay long-term. The culture promotes innovation, and new ideas are welcomed. The insurance processes are well-documented, making it easy to follow procedures. Good for long-term employment. This company has exceeded my expectations in many ways. The company is stable, with little turnover in my department. One of the best aspects of this comp...
Commented in August 29, 2024
8
1
The company offers excellent training programs, and the team is supportive. Team dynamics are smooth, and management is reasonable. The workplace culture is engaging, and employee recognition programs are motivating. I’ve had a great experience working here due to the supportive culture and leadership.
Commented in March 17, 2024
9
1

Hankoff Insurance Group Inc Overview

Website
www.hankoffinsurance.com
Founded In
1948
Employees
<25 employees
Industry
Insurance
Headquarter Address
20 Crossroads Dr Owings Mills Maryland MD 21117
Revenue
$5 Million - $10 Million
Phone Number
+1 4103630661
Social Media
About Hankoff Insurance Group Inc
Hankoff Insurance Group, Inc is a local, family-owned Independent Insurance Agency servicing the insurance needs of business and residential customers since 1948. Hankoff Insurance Group focuses on providing excellent customer service, to all of our clients. We offer comprehensive coverage through both major national carriers as well as local & regional insurance companies. allowing us to seek out

What Benefits Does Hankoff Insurance Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hankoff Insurance Group 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 Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at Hankoff Insurance Group Inc.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Hankoff Insurance Group Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Hankoff Insurance Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hankoff Insurance Group Inc

1. How much does Hankoff Insurance Group Inc in the United States pay?

Hankoff Insurance Group Inc pays its employees an average of $92,738 per year. The average salary at Hankoff Insurance Group Inc range from $81,592 to $104,855 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. Do Hankoff Insurance Group Inc employees get a higher salary than its peer company?

The salary at Hankoff Insurance Group Inc is higher than its peer company. The average annual salary at Hankoff Insurance Group Inc is $92,738, or an hourly wage of $45, in comparison to Endres Insurance Agency Inc which pays $90,533 per year or $44 per hour.

3. What are the highest paying jobs at Hankoff Insurance Group Inc?

The higher-paying job at Hankoff Insurance Group Inc, according to our data, include President (avg. $717,874 per year), Manager (avg. $95,160 per year), and Insurance Broker (avg. $78,478 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Hankoff Insurance Group Inc?

Salary progression with years of experience at Hankoff Insurance Group Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Hankoff Insurance Group Inc vary by office location?

Yes, it's very likely that salaries at Hankoff Insurance Group Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Baltimore section provides more context.

6. Does Hankoff Insurance Group Inc offer good benefits?

Hankoff Insurance Group Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Hankoff Insurance Group Inc" section on this page.

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