Koeneman Agency Salary

As of October 2026, the average annual salary for employees at Koeneman Agency in the United States is $94,447. This translates to an approximate hourly wage of $45. Salaries at Koeneman Agency typically range from $83,058 to $106,880 annually, reflecting the diverse roles and experience levels within the company.
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Is Koeneman Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Koeneman Agency'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
Ufcw Unions and Employers Midwest Health Benefits Fund $103,613
+9.7%
Driven by niche technical certifications required for Ufcw Unions and Employers Midwest Health Benefits Fund's specialized projects.
LifeSmart Inc $100,143
+6.0%
Influenced by prevailing union wage agreements specific to LifeSmart Inc's sector.
Ff Union Iaff Local 3009 Retirement Medical Benefit Account $103,581
+9.7%
Reflects structural premiums typical of Ff Union Iaff Local 3009 Retirement Medical Benefit Account's large-cap national operations.
W Brown & Associates $108,539
+14.9%
Adjusted for higher cost-of-living indices in W Brown & Associates's primary metro hubs.
Insurance Industry $123,858
+31.1%
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 Koeneman Agency

Considering a career at Koeneman Agency? 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 promotes teamwork and mutual respect. Teamwork is emphasized, great for career growth. I’m happy with my role here. The company operates efficiently with clear role expectations. Leadership communicates goals clearly, though more feedback sessions would help.
The work-life balance is excellent, with flexible scheduling options. Management recognizes hard work, and the company offers good incentives. A rewarding workplace. A stable employer with standard industry benefits. It’s a great place for insurance professionals looking for stability and growth. I appreciate the opportunities for growth and the inclusive culture. The work culture is positive, wit...
Community involvement is another highlight, with volunteer days and charity drives. The training is thorough, helping employees adapt quickly. Leadership is forward-thinking and invests in technology to streamline tasks. Training programs are thorough, helping employees stay updated in the insurance field.

Koeneman Agency Overview

Website
www.koenemanagency.com
Founded In
1936
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
2204 State St Chester Illinois IL 62233
Revenue
$10 Million - $50 Million
Phone Number
+1 6188262345
Social Media
About Koeneman Agency
The Koeneman Agency was founded in 1936 by B. W. Koeneman. At that time his family lived in Steeleville, Illinois and that was the site of their first Insurance and Real Estate office. He had his office in conjunction with his home. In 1945 he bought the Royal Motor Lodge in Chester and put in another Insurance and Real Estate office, where the old lobby used to be. He made this his home base for

What Benefits Does Koeneman Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Koeneman Agency 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Koeneman Agency.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Koeneman Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Koeneman Agency salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Koeneman Agency

1. How much does Koeneman Agency in the United States pay?

Koeneman Agency pays its employees an average of $94,447 per year. The average salary at Koeneman Agency range from $83,058 to $106,880 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 Koeneman Agency employees get a higher salary than its peer company?

The salary at Koeneman Agency is lesser than its peer company. The average annual salary at Koeneman Agency is $94,447, or an hourly wage of $45, in comparison to Ufcw Unions and Employers Midwest Health Benefits Fund which pays $103,613 per year or $50 per hour.

3. How much does salary increase with years of experience at Koeneman Agency?

Salary progression with years of experience at Koeneman Agency 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.

4. Do salaries at Koeneman Agency vary by office location?

Yes, it's very likely that salaries at Koeneman Agency 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 Chicago section provides more context.

5. Does Koeneman Agency offer good benefits?

Koeneman Agency 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 Koeneman Agency" section on this page.