Buchanan Agency Inc Salary

How much does the Buchanan Agency Inc Pay for employees?

As of August 2026, the average annual salary for employees at Buchanan Agency Inc in the United States is $87,000. This translates to an approximate hourly wage of $42. Salaries at Buchanan Agency Inc typically range from $76,552 to $98,380 annually, reflecting the diverse roles and experience levels within the company. Buchanan 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 Buchanan Agency Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Buchanan 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 Buchanan Agency Inc

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

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

How does Buchanan 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)
Buchanan Agency Inc
Insurance
Prentiss Insurance Services
Notary Near You Inc
Industry Comparison
Our data shows that, on average, compensation at Buchanan Agency Inc is below the average for the U.S. Insurance industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Buchanan Agency Inc average annual salary with several similar companies. Buchanan Agency Inc average salary of $87,000 is lower than Prentiss Insurance Services, which has an average salary of $100,881. It is lower than Notary Near You Inc, with their average salary at $97,896. This places Buchanan Agency Inc in a developing position among its peers.
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Employee Reviews: Working at Buchanan Agency Inc

Considering a career at Buchanan 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.
Benefits like performance bonuses, health plans, and retirement contributions are excellent. The leadership team is transparent, and career growth opportunities exist for those who seek them. A stable option for those in the insurance sector. Managers are accessible and provide constructive feedback. Colleagues are cooperative, and leadership communicates well.
The company has a great reputation in the insurance market, and working here has been fulfilling. Managers are supportive and provide the resources needed to succeed. Colleagues are talented and supportive, making collaboration seamless. It’s a great place for long-term growth. The workload is manageable, and colleagues are cooperative. It’s a decent place to build experience in insurance.
The work environment is positive, and management is approachable. Training opportunities are abundant, and career progression is encouraged. The insurance services we provide are high-quality, which reflects well on our team. The team is supportive, and the work environment is positive. The team is talented and always willing to share knowledge.

Buchanan Agency Inc Overview

Website
www.buchins.com
Founded In
2006
Employees
<25 employees
Industry
Insurance
Headquarter Address
2305 E Paris Ave SE Grand Rapids Michigan MI 49546
Revenue
<$5 Million
Phone Number
+1 6169498871
Social Media
About Buchanan Agency Inc
BUCHANAN INSURANCE HAS DEDICATED OVER 50 YEARS TO THE INSURANCE NEEDS OF FAMILIES AND BUSINESSES IN AND AROUND GRAND RAPIDS, MICHIGAN. WE ARE HONORED TO BE RATED ONE OF THE TOP THREE INDEPENDENT INSURANCE AGENCIES IN GRAND RAPIDS. WE PARTNER WITH THE MOST TRUSTED PROVIDERS FINDING YOU THE LOWEST RATES FOR PERSONAL OR BUSINESS INSURANCE THROUGHOUT WEST MICHIGAN AND THE GREAT LAKES REGION.

What Benefits Does Buchanan Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Buchanan 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Buchanan Agency Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Buchanan Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Buchanan Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) 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) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Buchanan Agency Inc

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

The typical annual salary range for most roles at Buchanan Agency Inc is approximately from $76,552 to $98,380. 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 Buchanan Agency Inc pay compared to Prentiss Insurance Services?

The average annual salary at Buchanan Agency Inc is $87,000, or an hourly wage of $42, in comparison to Prentiss Insurance Services which pays $100,881 per year or $49 per hour.

3. How does experience level affect salary at Buchanan Agency Inc?

Experience level is a significant factor in determining salary at Buchanan Agency Inc, 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.

4. How can I determine if a salary offer from Buchanan Agency Inc in Grand Rapids is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Buchanan Agency Inc?

Several key factors influence salary levels at Buchanan Agency Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Buchanan Agency Inc likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.