Borchardt Agency Inc Salary

How much does the Borchardt Agency Inc Pay for employees?

As of August 2026, the average annual salary for employees at Borchardt Agency Inc in the United States is $87,833. This translates to an approximate hourly wage of $42. Salaries at Borchardt Agency Inc typically range from $77,285 to $99,307 annually, reflecting the diverse roles and experience levels within the company. Borchardt Agency Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Borchardt Agency Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Borchardt Agency Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Borchardt Agency Inc

Ready for your next career move? Explore current job openings at Borchardt Agency Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Borchardt Agency Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Borchardt Agency Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Borchardt Agency Inc
Insurance
Casablanca Insurance
Bill Flinn Agency
Industry Comparison
Our data shows that, on average, compensation at Borchardt Agency Inc is below the average for the U.S. Insurance industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Borchardt Agency Inc average annual salary with several similar companies. Borchardt Agency Inc average salary of $87,833 is lower than Casablanca Insurance, which has an average salary of $101,799. It is lower than Bill Flinn Agency, with their average salary at $89,289. This places Borchardt Agency Inc in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Borchardt Agency Inc

Considering a career at Borchardt Agency Inc? 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.
Work processes are streamlined, and teams are cooperative. Highly recommend for insurance professionals. The office atmosphere is decent, and the company maintains a strong reputation in the insurance sector. I’m glad to be part of this organization. Workload distribution is fair, and teamwork is encouraged.
Management is proactive in recognizing hard work and providing opportunities for advancement. The company culture is inclusive, and everyone’s efforts are recognized. Training sessions are frequent, and mentorship is available. A stable option for those in the insurance sector. Flexible hybrid work options. The company culture promotes teamwork and mutual respect.
Team collaboration is strong, making problem-solving efficient. The company also promotes from within, which is motivating. Career advancement is possible, with clear pathways for motivated individuals. The insurance industry is fast-paced, but the support system here is strong.

Borchardt Agency Inc Overview

Website
www.borchardtagency.com
Founded In
1946
Employees
<25 employees
Industry
Insurance
Headquarter Address
1245 Hwy 15 S Fairmont Minnesota MN 56031
Revenue
<$5 Million
Phone Number
+1 5072384754
Social Media
About Borchardt Agency Inc
With six insurance specialists, we serve the insurance needs of about 3,000 individuals and families as well as approximately 100 business concerns in southern Minnesota. Using state-of-the-art computers, agency management systems, special rating computers and the internet; we have positioned ourselves to head into the future while continuing to provide the relationship and service our clients hav

What Benefits Does Borchardt Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Borchardt Agency Inc 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)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Borchardt Agency Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Borchardt Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Borchardt Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Borchardt Agency Inc

1. How much does Borchardt Agency Inc in the United States pay?

Borchardt Agency Inc pays its employees an average of $87,833 per year. The average salary at Borchardt Agency Inc range from $77,285 to $99,307 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. Do Borchardt Agency Inc employees get a higher salary than its peer company?

The salary at Borchardt Agency Inc is lesser than its peer company. The average annual salary at Borchardt Agency Inc is $87,833, or an hourly wage of $42, in comparison to Casablanca Insurance which pays $101,799 per year or $49 per hour.

3. What are the highest paying jobs at Borchardt Agency Inc?

The higher-paying job at Borchardt Agency Inc, according to our data, include President (avg. $679,906 per year), Independent Insurance Agent (avg. $74,327 per year), and Office Manager and Accountant (avg. $58,232 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Borchardt Agency Inc?

Salary progression with years of experience at Borchardt Agency Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Borchardt Agency Inc vary by office location?

Yes, it's very likely that salaries at Borchardt Agency Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.

6. Does Borchardt Agency Inc offer good benefits?

Borchardt Agency Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Borchardt Agency Inc" section on this page.