Hedges Insurance Salary
How Much Does Hedges Insurance Pay for Different Roles?
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Current Job Openings at Hedges Insurance
Is Hedges Insurance’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| RE Broker | $89,500 |
+5.1%
|
Adjusted for higher cost-of-living indices in RE Broker's primary metro hubs. |
| Al Diplomacy Insurance Services | $109,657 |
+28.8%
|
Influenced by prevailing union wage agreements specific to Al Diplomacy Insurance Services's sector. |
| Agency 22 Insurance Group LLC | $96,092 |
+12.9%
|
Reflects structural premiums typical of Agency 22 Insurance Group LLC's large-cap national operations. |
| Goodrich Insurance Brokerage Ltd | $108,771 |
+27.8%
|
Supported by Goodrich Insurance Brokerage Ltd's high-margin contracts allowing higher overhead. |
| Insurance Industry | $123,858 |
+45.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Hedges Insurance's Salaries Compare to Similar Companies?
RE Broker
$89,500 / year
Salary Range: $78,742 - $101,197
Plano, TX
Al Diplomacy Insurance Services
$109,657 / year
Salary Range: $96,483 - $123,988
New York City, NY
Agency 22 Insurance Group LLC
$96,092 / year
Salary Range: $84,543 - $108,648
Wayne, PA
Goodrich Insurance Brokerage Ltd
$108,771 / year
Salary Range: $95,704 - $122,988
New York City, NY
Flores Insurance Group
$90,976 / year
Salary Range: $80,043 - $102,856
Munster, IN
Pember Insurance Agency
$81,852 / year
Salary Range: $72,025 - $92,552
Slaton, TX
Build Insurance Group
$104,752 / year
Salary Range: $92,167 - $118,439
Hackensack, NJ
Moothart Insurance Agency Inc
$101,377 / year
Salary Range: $89,198 - $114,623
Los Alamitos, CA
Brent Young Agency LLC
$95,786 / year
Salary Range: $84,277 - $108,306
Manchester, CT
Employee Reviews: Working at Hedges Insurance
Hedges Insurance Overview
What Benefits Does Hedges Insurance Offer Beyond Salary?
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What Is the Cost of Living Near Lawrence?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $900 - $1,400+ | A significant portion of Hedges Insurance salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $30 (Lawrence Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | 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) | $2,150 - $3,490+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Hedges Insurance
1. What is the typical salary range (low to high) for most roles at Hedges Insurance?
The typical annual salary range for most roles at Hedges Insurance is approximately from $74,903 to $96,246. 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 Hedges Insurance pay compared to RE Broker?
The average annual salary at Hedges Insurance is $85,122, or an hourly wage of $41, in comparison to RE Broker which pays $89,500 per year or $43 per hour.
3. How does experience level affect salary at Hedges Insurance?
Experience level is a significant factor in determining salary at Hedges Insurance, 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 Hedges Insurance in Lawrence is fair given the local cost of living?
To determine if a salary offer from Hedges Insurance in Lawrence is fair, first compare the gross salary to our data for similar roles at Hedges Insurance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Lawrence" to understand its purchasing power.
5. Are the salaries listed for Hedges Insurance on Salary.com pre-tax or after-tax?
All salary figures displayed for Hedges Insurance, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.
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