Tomco Insurance Agency Salary

As of August 2026, the average annual salary for employees at Tomco Insurance Agency in the United States is $84,300. This translates to an approximate hourly wage of $41. Salaries at Tomco Insurance Agency typically range from $74,170 to $95,320 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Tomco Insurance Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Tomco Insurance Agency. Based on our data, the highest paying job is the Marketing Coordinator, with an annual salary of $65,802. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Tomco Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Tomco Insurance 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
Bryden $95,797
+13.6%
Influenced by prevailing union wage agreements specific to Bryden's sector.
Smart Money Financial Inc $92,000
+9.1%
Supported by Smart Money Financial Inc's high-margin contracts allowing higher overhead.
Harvest Ranch Insurance Services $83,888
-0.5%
Confirms Harvest Ranch Insurance Services is a direct competitor vying for the exact same talent pool.
Manufactured Housing Insurance Services $101,546
+20.5%
Reflects structural premiums typical of Manufactured Housing Insurance Services's large-cap national operations.
Insurance Industry $123,858
+46.9%
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.

Employee Reviews: Working at Tomco Insurance Agency

Considering a career at Tomco Insurance 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.
This company is a fantastic place to work in the insurance field. It is innovative, it’s a reliable place to work with steady growth opportunities. The compensation is fair, with performance-based incentives. The corporate social responsibility initiatives are commendable, adding purpose to daily work. Joining this insurance firm was one of the best career decisions I’ve made.
The company encourages innovation, and employees are recognized for contributions. This insurance company has exceeded my expectations in terms of workplace culture and growth opportunities. While the job may not be exciting every day, it offers stability and a decent work environment. The company offers regular training and certifications to keep skills updated. Career growth opportunities exist ...
I appreciate the recognition for hard work, whether through bonuses or verbal acknowledgment. This company is a great place to build a career in insurance. The work environment is professional yet welcoming, and colleagues are always willing to help.

Tomco Insurance Agency Overview

Website
www.tomcoagency.com
Founded In
1977
Employees
<25 employees
Industry
Insurance
Headquarter Address
1419 Lincoln Ave Charleston Illinois IL 61920
Revenue
<$5 Million
Phone Number
+1 2173456750
Social Media
About Tomco Insurance Agency
We are an independent insurance agency located in Charleston, Illinois. We specialize in providing personalized coverage that meets the needs of our individual clients. Whether you need auto insurance, homeowner's insurance, farm insurance, life or health insurance, we have a plan for you. We also offer business insurance including worker's compensation, commercial auto, property and liability cov

What Benefits Does Tomco Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tomco Insurance 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 Tomco Insurance Agency?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Champaign?

Understanding the cost of living near Champaign is key to truly evaluating a salary offer or your current compensation at Tomco Insurance Agency.
Champaign's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 4.3% less than IL average). Central IL (Univ. of Illinois), housing affordable. MTD bus. When planning your budget based on a salary from Tomco Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Tomco Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MTD monthly pass, free for UofI) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tomco Insurance Agency

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

The typical annual salary range for most roles at Tomco Insurance Agency is approximately from $74,170 to $95,320. 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 Tomco Insurance Agency pay compared to Bryden?

The average annual salary at Tomco Insurance Agency is $84,300, or an hourly wage of $41, in comparison to Bryden which pays $95,797 per year or $46 per hour.

3. Do salaries differ significantly between departments at Tomco Insurance Agency?

Yes, salaries often differ between departments at Tomco Insurance 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 Tomco Insurance Agency?

Experience level is a significant factor in determining salary at Tomco Insurance 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 Tomco Insurance Agency in Champaign is fair given the local cost of living?

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

6. Why might an individual's actual salary at Tomco Insurance Agency differ from the ranges shown here?

An individual's actual salary at Tomco Insurance Agency can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.