Elkin Insurance Salary

Elkin Insurance Salary

How much does the Elkin Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Elkin Insurance in the United States is $86,325. This translates to an approximate hourly wage of $42. Salaries at Elkin Insurance typically range from $75,957 to $97,612 annually, reflecting the diverse roles and experience levels within the company. Elkin Insurance’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 Elkin Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Elkin Insurance. 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 Elkin Insurance

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

Is Elkin Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Elkin Insurance’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
180k
150k
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90k
60k
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Average Salary ($/year)
Elkin Insurance
Insurance
Echelon Insurance Agency LLC
The Walters Nixon Group Inc
Industry Comparison
Our data shows that, on average, compensation at Elkin Insurance 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 Elkin Insurance average annual salary with several similar companies. Elkin Insurance average salary of $86,325 is lower than Echelon Insurance Agency LLC, which has an average salary of $87,211. It is lower than The Walters Nixon Group Inc, with their average salary at $100,934. This places Elkin Insurance 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.

How Elkin Insurance's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Elkin Insurance. Click a company name to learn more.

Employee Reviews: Working at Elkin Insurance

Considering a career at Elkin Insurance? 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.
The work environment is structured, and processes are well-defined, which helps in maintaining efficiency. While the pace can be steady, it’s manageable with proper time management. Good for those seeking consistency in their career. Colleagues are collaborative, and the office vibe is energetic. Training opportunities are abundant, helping employees stay updated in the evolving insurance industry...
Commented in May 23, 2025
25
1
The company invests in employee development, offering certifications and workshops. I appreciate the emphasis on teamwork and professional development. The work environment is inclusive, and flexible policies are a big plus. For those in the insurance field, this is a great employer to consider. Leadership communicates goals clearly, though more feedback sessions would help. Impressive benefits pa...
Commented in March 31, 2025
41
3
While there aren’t many standout perks, the job provides reliability. The role is structured, and expectations are clear from the start. While innovation isn’t rapid, processes are reliable. A great employer overall.
Commented in November 15, 2024
44
1

Elkin Insurance Overview

Website
www.elkininsurance.com
Founded In
2019
Employees
<25 employees
Industry
Insurance
Headquarter Address
221 W Main St Elkin North Carolina NC 28621
Revenue
<$5 Million
Phone Number
+1 3365261034
Social Media
About Elkin Insurance
Elkin Insurance is locally owned and operated, located on West Main Street in Downtown Elkin. We work with over 20 A+ rated insurance carriers and can offer insurance coverage that will meet your needs and save you money. We will provide the best value without sacrificing personalized service.

What Benefits Does Elkin Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elkin Insurance 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 Winston Salem?

Understanding the cost of living near Winston Salem is key to truly evaluating a salary offer or your current compensation at Elkin Insurance.
Winston Salem's Cost of Living Index is approximately 83.7 (16.3% less expensive than US average; 12.8% less than NC average). Piedmont Triad city, arts/innovation, affordable housing. WSTA bus. When planning your budget based on a salary from Elkin Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Elkin Insurance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (WSTA monthly pass) 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,055 - $3,335+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elkin Insurance

1. What is the average salary for employees at Elkin Insurance?

The average annual total compensation for employees at Elkin Insurance is approximately $86,325. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,957 to $97,612, depending on factors like job role, experience, and location.

2. How much does Elkin Insurance pay compared to Echelon Insurance Agency LLC?

The average annual salary at Elkin Insurance is $86,325, or an hourly wage of $42, in comparison to Echelon Insurance Agency LLC which pays $87,211 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Elkin Insurance?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Elkin Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Elkin Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Winston Salem?

While some companies offer formal COLA, many, including potentially Elkin Insurance, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Elkin Insurance?

Most companies, likely including Elkin Insurance, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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