Agency Owner Salary in Memphis, Tennessee

How much does an Agency Owner make in Memphis, TN?

As of March 01, 2025, the average annual salary for an Agency Owner in Memphis, TN is $251,116. Salary.com reports that pay typically ranges from $206,256 to $352,484, with most professionals earning between $165,414 and $444,774.

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Salary range for a Agency Owner

$206,256 to $352,484

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Agency Owner

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Job Openings for Agency Owner in Memphis, TN

What does an Agency Owner do?

Common responsibilities of an Agency Owner

Developing base for long-term sources of clients by using our proven marketing systems, referrals, occupational, and special-interest groups to compile lists of prospects.

June 06, 2022

Set and live by standards of moral integrity.

October 22, 2022

Participate in continuing education programs in both insurance and sales.

March 08, 2023

Assist with obtaining underwriting approval.

March 20, 2023

Meet new business production goals and objectives as established.

March 22, 2023

Provide strategic leadership helping the agency realize its vision, mission, values, and objectives along with advancement goals and strategies.

April 18, 2023

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Agency Owner Salary By Experience Levels in Memphis, TN

How much should you be earning in Agency Owner in Memphis, TN based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Agency Owner Salary By Level of Education in Memphis, TN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Agency Owner in Memphis, TN

Average Base Salary

Core compensation

206256

352484

251116

Average Total Cash Compensation

Includes base and annual incentives

243630

767446

354747

What is the average salary for Agency Owner in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Agency Owner in Memphis, TN. The base salary for Agency Owner ranges from $206,256 to $352,484 with the average base salary of $251,116. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $243,630 to $767,446 with the average total cash compensation of $354,747.

View Average Salary for Agency Owner as table

	Average Salary	Average Salary Range
Base Salary	$251,116	$206,256 - $352,484
Bonus	$103,631	$37,374 - $414,962
Total Pay	$354,747	$243,630 - $767,446

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Agency Owner Salary Near Memphis, TN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Memphis, TN
CITY, STATE Germantown, TN	AVERAGE SALARY RANGE $203,476 - $347,733	COMPARE TO Memphis, TN
CITY, STATE Southaven, MS	AVERAGE SALARY RANGE $203,681 - $348,083	COMPARE TO Memphis, TN
CITY, STATE Olive Branch, MS	AVERAGE SALARY RANGE $203,168 - $347,206	COMPARE TO Memphis, TN
CITY, STATE Jonesboro, AR	AVERAGE SALARY RANGE $202,448 - $345,976	COMPARE TO Memphis, TN
CITY, STATE Jackson, TN	AVERAGE SALARY RANGE $202,448 - $345,976	COMPARE TO Memphis, TN
CITY, STATE Tupelo, MS	AVERAGE SALARY RANGE $185,697 - $317,349	COMPARE TO Memphis, TN

See salaries for Agency Owner in locations close to Memphis, TN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Memphis, Tennessee

Memphis is a city located along the Mississippi River in southwestern Shelby County, Tennessee, United States. The 2017 city population was 652,236, making Memphis the largest city on the Mississippi River, second-largest city in Tennessee, as well as the 25th largest city in the United States. Greater Memphis is the 42nd largest metropolitan area in the United States, with a population of 1,348,260 in 2017. The city is the anchor of West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas and Mississippi. Memphis is the seat of Shelby County, the most p...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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