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Ryan Hofer Agency Salary

Ryan Hofer Agency Salary

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As of October 2026, the average annual salary for employees at Ryan Hofer Agency in the United States is $81,293. This translates to an approximate hourly wage of $39. Salaries at Ryan Hofer Agency typically range from $71,521 to $91,918 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ryan Hofer Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Ryan Hofer Agency. Based on our data, the highest paying job is the Agency Owner, with an annual salary of $190,435. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Ryan Hofer Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Ryan Hofer 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
Click2Bind $98,487
+21.1%
Reflects structural premiums typical of Click2Bind's large-cap national operations.
Gold River Insurance Brokerage $108,433
+33.4%
Influenced by prevailing union wage agreements specific to Gold River Insurance Brokerage's sector.
Anchor 316 Fiduciary Solutions LLC $87,939
+8.2%
Supported by Anchor 316 Fiduciary Solutions LLC's high-margin contracts allowing higher overhead.
Cost Management Plus $86,715
+6.7%
Adjusted for higher cost-of-living indices in Cost Management Plus's primary metro hubs.
Insurance Industry $123,858
+52.4%
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 Ryan Hofer Agency's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ryan Hofer Agency

Considering a career at Ryan Hofer 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 workload is predictable, which suits those who prefer routine. For those seeking a predictable career path in insurance, this company offers a solid foundation. The insurance industry can be demanding, but the culture here makes it enjoyable. I’m happy with my experience here. Leadership is transparent about company goals, and employees are given opportunities to upskill through workshops and ...
Commented in May 23, 2025
32
3
The work environment is professional, and expectations are clearly communicated. A great environment for long-term career development. The company offers good incentives and a healthy work environment. The orhanization have established protocols for most tasks, which can be helpful for efficiency. Workloads are reasonable, and deadlines are fair. Working here has been a positive step in my career....
Commented in September 26, 2024
40
3
The leadership team here is exceptional, fostering a positive work environment. Processes are efficient, though some could be modernized. The onboarding process was smooth, and my team was very supportive. The diversity and inclusion initiatives are commendable. The insurance products we handle are diverse, keeping the job interesting.
Commented in June 23, 2024
14
3

Ryan Hofer Agency Overview

Website
www.ryanhoferagency.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
6221 E Silver Maple Cir Sioux Falls South Dakota SD 57110
Revenue
<$5 Million
Phone Number
+1 6053390662
Social Media
About Ryan Hofer Agency
The Ryan Hofer Agency has been in business since 2005. We emphasize quality insurance and retirement products and outstanding customer service. The Ryan Hofer Agency uses a full line of tailored insurance and retirement products to help families meet their needs for a lifetime. We at the Ryan Hofer Agency are not just another insurance agency; we feel that we have something special to offer to our

What Benefits Does Ryan Hofer Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ryan Hofer 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)
Work at Ryan Hofer Agency?
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What Is the Cost of Living Near Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at Ryan Hofer Agency.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from Ryan Hofer Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Ryan Hofer Agency salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ryan Hofer Agency

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

The typical annual salary range for most roles at Ryan Hofer Agency is approximately from $71,521 to $91,918. 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 Ryan Hofer Agency pay compared to Click2Bind?

The average annual salary at Ryan Hofer Agency is $81,293, or an hourly wage of $39, in comparison to Click2Bind which pays $98,487 per year or $47 per hour.

3. How does experience level affect salary at Ryan Hofer Agency?

Experience level is a significant factor in determining salary at Ryan Hofer 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.

4. How can I determine if a salary offer from Ryan Hofer Agency in Sioux Falls is fair given the local cost of living?

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

5. What factors influence salary increases at Ryan Hofer Agency?

Salary increases at Ryan Hofer Agency are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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