State Farm Agency Salary
How Much Does State Farm Agency Pay for Different Roles?
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Current Job Openings at State Farm Agency
Is State Farm Agency’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| K L Hudson Insurance Agency | $86,989 |
-18.4%
|
K L Hudson Insurance Agency may offer non-monetary perks in lieu of competitive base salaries. |
| Frampton Insurance Agency Inc | $89,088 |
-16.5%
|
Normalized for lower cost-of-living zones where Frampton Insurance Agency Inc primarily operates. |
| Gary Albert | $81,473 |
-23.6%
|
Gary Albert operates with a leaner overhead structure, impacting base wage offers. |
| Tulip City Agency Ltd | $85,323 |
-20.0%
|
Tulip City Agency Ltd likely leverages performance bonuses over the high base salary shown here. |
| Insurance Industry | $123,858 |
+16.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How State Farm Agency's Salaries Compare to Similar Companies?
K L Hudson Insurance Agency
$86,989 / year
Salary Range: $76,534 - $98,356
Tonawanda, NY
Frampton Insurance Agency Inc
$89,088 / year
Salary Range: $78,385 - $100,734
Richardson, TX
Gary Albert
$81,473 / year
Salary Range: $71,686 - $92,125
Charlottesville, VA
Tulip City Agency Ltd
$85,323 / year
Salary Range: $75,077 - $96,478
Pella, IA
Branna Agency Inc
$101,461 / year
Salary Range: $89,271 - $114,720
Mountainside, NJ
CHR Partnership
$82,032 / year
Salary Range: $72,181 - $92,759
Bossier City, LA
Medrano Insurance Agency
$92,738 / year
Salary Range: $81,601 - $104,868
Pasadena, TX
Pfaff-Karren Insurance
$89,932 / year
Salary Range: $79,127 - $101,685
Independence, OR
Robert J Hoy Agency Inc
$91,282 / year
Salary Range: $80,318 - $103,221
Broadalbin, NY
Employee Reviews: Working at State Farm Agency
State Farm Agency Overview
What Benefits Does State Farm Agency Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near New York?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $3,500 - $5,000+ (Highly variable by borough) | A significant portion of State Farm Agency salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $127 (MTA 30-day MetroCard) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $5,177 - $7,877+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of State Farm Agency
1. How much does a State Farm Agency employee make?
State Farm Agency pays its employees an average of $106,651 per year. The average salary at State Farm Agency range from $93,844 to $120,598 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. Which similar company tend to pay more or less than State Farm Agency?
The salary at State Farm Agency is higher than the similar company. The average annual salary at State Farm Agency is $106,651, or an hourly wage of $51, in comparison to K L Hudson Insurance Agency which pays $86,989 per year or $42 per hour.
3. Do employees with advanced degrees (Master's, PhD) earn more at State Farm Agency?
In many roles at State Farm Agency, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
4. How does the cost of living near New York affect the perceived value of a State Farm Agency salary?
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from State Farm Agency based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.
5. What kind of benefits does State Farm Agency typically offer employees?
State Farm Agency generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at State Farm Agency" section on this page.
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