Davis Insurance & Associates Salary
How much does the Davis Insurance & Associates Pay for employees?
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Is Davis Insurance & Associates’s Pay Competitive? Salary Benchmarking Analysis
How Davis Insurance & Associates's Salaries Compare to Similar Companies?
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Employee Reviews: Working at Davis Insurance & Associates
Davis Insurance & Associates Overview
What Benefits Does Davis Insurance & Associates Offer Beyond Salary?
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What Is the Cost of Living Near Waco?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $850 - $1,300+ | A significant portion of Davis Insurance & Associates salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Limited local transit | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $650+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,070 - $3,370+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Davis Insurance & Associates
1. How much does a Davis Insurance & Associates employee make?
Davis Insurance & Associates pays its employees an average of $82,612 per year. The average salary at Davis Insurance & Associates range from $72,685 to $93,405 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. Which similar company tend to pay more or less than Davis Insurance & Associates?
The salary at Davis Insurance & Associates is lesser than the similar company. The average annual salary at Davis Insurance & Associates is $82,612, or an hourly wage of $40, in comparison to Richard King Insurance Agency which pays $88,877 per year or $43 per hour.
3. Do employees with advanced degrees (Master's, PhD) earn more at Davis Insurance & Associates?
In many roles at Davis Insurance & Associates, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
4. How does the cost of living near Waco affect the perceived value of a Davis Insurance & Associates salary?
Waco's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 9.0% less than TX average). This significantly impacts the purchasing power of a salary from Davis Insurance & Associates based there. Our "Cost of Living Insights for Waco" module details this impact, helping you assess the 'real feel' value of your compensation.
5. What kind of benefits does Davis Insurance & Associates typically offer employees?
Davis Insurance & Associates generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Davis Insurance & Associates" section on this page.
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