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Monticello Agency Salary

Monticello Agency Salary

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As of August 2026, the average annual salary for employees at Monticello Agency in the United States is $87,928. This translates to an approximate hourly wage of $42. Salaries at Monticello Agency typically range from $77,359 to $99,417 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Monticello Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Monticello Agency. Based on our data, the highest paying job is the Owner and President, with an annual salary of $397,059. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Monticello Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Monticello 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
RAM Insurance Agency & Financial Services $92,390
+5.1%
Influenced by prevailing union wage agreements specific to RAM Insurance Agency & Financial Services's sector.
Southcoast Insurance Group $96,124
+9.3%
Reflects a supply-demand imbalance for the specific talent Southcoast Insurance Group targets.
Worth Insurance $89,289
+1.5%
Confirms Worth Insurance is a direct competitor vying for the exact same talent pool.
Curabba Agency $101,313
+15.2%
Driven by niche technical certifications required for Curabba Agency's specialized projects.
Insurance Industry $123,858
+40.9%
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 Monticello Agency's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Monticello Agency

Considering a career at Monticello 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 benefits package is competitive, including health insurance, retirement plans, and wellness programs. The benefits package is competitive, including health coverage and retirement plans. Reliable employer with standard industry practices. The work-life balance is excellent, with flexible hours and remote options.
Commented in May 14, 2025
46
1
The leadership team is engaged, and the work environment is collaborative. This company excels at employee recognition—hard work never goes unnoticed. The work-life balance initiatives, like flexible hours, are appreciated.
Commented in December 04, 2024
39
3
A great place for those looking to advance in the insurance sector. The company fosters a positive and collaborative work environment. A dependable workplace. Training programs are available, though participation varies by department. For those in the insurance field, this is a great employer to consider. The company invests in employee development, offering certifications and workshops.
Commented in November 20, 2024
30
0

Monticello Agency Overview

Website
www.monticelloagency.com
Founded In
1936
Employees
<25 employees
Industry
Insurance
Headquarter Address
3616 School Blvd Monticello Minnesota MN 55362
Revenue
<$5 Million
Phone Number
+1 7632954900
Social Media
About Monticello Agency
The Monticello Agency was established in 1936 and is one of the oldest independent insurance agencies found not only in Monticello, but also within the state of Minnesota. The agency has been under the present ownership since 1990. Our insurance agency is one of the largest writers of auto and homeowners insurance in Minnesota. Representing some of the most recognizable insurance companies, we car

What Benefits Does Monticello Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monticello 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Monticello Agency.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Monticello Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Monticello Agency salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Monticello Agency

1. What is the typical salary range (low to high) for most roles at Monticello Agency?

The typical annual salary range for most roles at Monticello Agency is approximately from $77,359 to $99,417. 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 Monticello Agency pay compared to RAM Insurance Agency & Financial Services?

The average annual salary at Monticello Agency is $87,928, or an hourly wage of $42, in comparison to RAM Insurance Agency & Financial Services which pays $92,390 per year or $44 per hour.

3. Do salaries differ significantly between departments at Monticello Agency?

Yes, salaries often differ between departments at Monticello Agency 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 Monticello Agency?

Experience level is a significant factor in determining salary at Monticello Agency, 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 Monticello Agency in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Monticello Agency in Minneapolis is fair, first compare the gross salary to our data for similar roles at Monticello Agency and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. What are the key factors that influence salary levels at Monticello Agency?

Several key factors influence salary levels at Monticello Agency. 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: Monticello Agency 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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