| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Kollhoff Insurance Agency | $83,603 |
-6.1%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Bick Insurance Consultants | $86,715 |
-2.6%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Southern Gulf States Insurance | $80,914 |
-9.1%
|
Southern Gulf States Insurance operates with a leaner overhead structure, impacting base wage offers. |
| Alta Insurance Agency | $78,372 |
-12.0%
|
Alta Insurance Agency may offer non-monetary perks in lieu of competitive base salaries. |
| Insurance Industry | $123,858 |
+39.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$83,603 / year
Salary Range: $73,556 - $94,527
Ashtabula, OH
$86,715 / year
Salary Range: $76,296 - $98,051
Pompano Beach, FL
$80,914 / year
Salary Range: $71,201 - $91,491
Ridgeland, MS
$78,372 / year
Salary Range: $68,956 - $88,613
Twin Falls, ID
$88,424 / year
Salary Range: $77,808 - $99,990
New Palestine, IN
$93,350 / year
Salary Range: $82,133 - $105,538
Las Vegas, NV
$83,213 / year
Salary Range: $73,217 - $94,088
Zanesville, OH
$84,184 / year
Salary Range: $74,069 - $95,186
Galesburg, IL
$90,850 / year
Salary Range: $79,933 - $102,721
Garland, TX
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,100 - $1,600+ | A significant portion of Mike Arnold Agency salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (GRTC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $580 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,440 - $3,790+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Mike Arnold Agency is approximately $89,036. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,339 to $100,673, depending on factors like job role, experience, and location.
The average annual salary at Mike Arnold Agency is $89,036, or an hourly wage of $43, in comparison to Kollhoff Insurance Agency which pays $83,603 per year or $40 per hour.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Mike Arnold Agency for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Mike Arnold Agency, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Mike Arnold Agency, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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