McFarland State Bank Salary
How Much Does McFarland State Bank Pay for Different Roles?
President
$675,415 / year
Salary Range: $517,060 - $851,214
Executive
Licensed Insurance Agent
$73,836 / year
Salary Range: $64,637 - $88,248
Insurance
Account Manager
$64,587 / year
Salary Range: $56,383 - $74,136
Account Management II
Account Executive
$61,226 / year
Salary Range: $56,703 - $68,357
Home Care
Customer Service Representative
$30,740 / year
Salary Range: $27,739 - $33,878
Customer Service
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Current Job Openings at McFarland State Bank
Is McFarland State Bank’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Davidson Solid Rock Insurance | $83,994 |
-3.7%
|
Davidson Solid Rock Insurance focuses strategically on recruiting and training entry-level apprentices. |
| JPS Insurance Agency | $91,704 |
+5.1%
|
Reflects structural premiums typical of JPS Insurance Agency's large-cap national operations. |
| D G Insurance Agency | $88,097 |
+1.0%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Dorian Insurance Services Inc | $99,404 |
+13.9%
|
Driven by niche technical certifications required for Dorian Insurance Services Inc's specialized projects. |
| Insurance Industry | $123,858 |
+42.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How McFarland State Bank's Salaries Compare to Similar Companies?
Davidson Solid Rock Insurance
$83,994 / year
Salary Range: $73,904 - $94,966
Clinton, AR
JPS Insurance Agency
$91,704 / year
Salary Range: $80,694 - $103,697
Troy, MI
D G Insurance Agency
$88,097 / year
Salary Range: $77,505 - $99,600
Visalia, CA
Dorian Insurance Services Inc
$99,404 / year
Salary Range: $87,457 - $112,391
Valencia, CA
Choice Enrollment
$88,846 / year
Salary Range: $78,174 - $100,453
Colorado Springs, CO
East Coast Global Insurance LLC
$92,464 / year
Salary Range: $81,354 - $104,551
Dover, NH
Path Insurance Agency
$87,896 / year
Salary Range: $77,340 - $99,380
Indian Trail, NC
Patriot Warranty
$80,428 / year
Salary Range: $70,761 - $90,942
Sioux Falls, SD
R David Danziger PC
$96,461 / year
Salary Range: $84,863 - $109,062
Southampton, PA
Employee Reviews: Working at McFarland State Bank
McFarland State Bank Overview
What Benefits Does McFarland State Bank Offer Beyond Salary?
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What Is the Cost of Living Near Madison?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,700+ | A significant portion of McFarland State Bank salary. Location choices impact this heavily. |
| Utilities (Basic) | $120 - $210 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $65 (Metro monthly pass, free for UW) | 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 | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,575 - $3,945+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of McFarland State Bank
1. What is the typical salary range (low to high) for most roles at McFarland State Bank?
The typical annual salary range for most roles at McFarland State Bank is approximately from $76,772 to $98,661. 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 McFarland State Bank pay compared to Davidson Solid Rock Insurance?
The average annual salary at McFarland State Bank is $87,253, or an hourly wage of $42, in comparison to Davidson Solid Rock Insurance which pays $83,994 per year or $40 per hour.
3. Do salaries differ significantly between departments at McFarland State Bank?
Yes, salaries often differ between departments at McFarland State Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
4. How does experience level affect salary at McFarland State Bank?
Experience level is a significant factor in determining salary at McFarland State Bank, 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.
5. How can I determine if a salary offer from McFarland State Bank in Madison is fair given the local cost of living?
To determine if a salary offer from McFarland State Bank in Madison is fair, first compare the gross salary to our data for similar roles at McFarland State Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Madison" to understand its purchasing power.
6. What are the key factors that influence salary levels at McFarland State Bank?
Several key factors influence salary levels at McFarland State Bank. 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: McFarland State Bank likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.
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