| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Heritage Marine Insurance | $97,063 |
-0.2%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Florida Brokerage Insurance Services Inc | $88,329 |
-9.2%
|
Florida Brokerage Insurance Services Inc may offer non-monetary perks in lieu of competitive base salaries. |
| O'Neal Insurance Agency Inc | $82,749 |
-14.9%
|
O'Neal Insurance Agency Inc focuses strategically on recruiting and training entry-level apprentices. |
| Integrity Benefit Partners Inc | $88,519 |
-9.0%
|
Normalized for lower cost-of-living zones where Integrity Benefit Partners Inc primarily operates. |
| Insurance Industry | $123,858 |
+27.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$97,063 / year
Salary Range: $85,404 - $109,757
Mystic, CT
$88,329 / year
Salary Range: $77,716 - $99,880
Delray Beach, FL
$82,749 / year
Salary Range: $72,813 - $93,564
Perry, GA
$88,519 / year
Salary Range: $77,881 - $100,088
Indianapolis, IN
$84,690 / year
Salary Range: $74,518 - $95,759
Trussville, AL
$86,884 / year
Salary Range: $76,442 - $98,234
Williamsport, PA
$88,371 / year
Salary Range: $77,753 - $99,917
San Antonio, TX
$93,909 / year
Salary Range: $82,628 - $106,185
Lake Oswego, OR
$81,504 / year
Salary Range: $71,714 - $92,162
Oak Ridge, TN
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) | $1,500 - $2,300+ | A significant portion of The Reder Agency salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $63 (CTtransit 31-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $730+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,963 - $4,713+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at The Reder Agency is approximately from $85,597 to $110,001. 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.
The average annual salary at The Reder Agency is $97,284, or an hourly wage of $47, in comparison to Heritage Marine Insurance which pays $97,063 per year or $47 per hour.
Experience level is a significant factor in determining salary at The Reder 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.
To determine if a salary offer from The Reder Agency in West Hartford is fair, first compare the gross salary to our data for similar roles at The Reder Agency and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for West Hartford" to understand its purchasing power.
All salary figures displayed for The Reder Agency, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.
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