Gray Insurance Group Inc Salary

How much does the Gray Insurance Group Inc Pay for employees?

As of August 2026, the average annual salary for employees at Gray Insurance Group Inc in the United States is $89,436. This translates to an approximate hourly wage of $43. Salaries at Gray Insurance Group Inc typically range from $78,696 to $101,124 annually, reflecting the diverse roles and experience levels within the company. Gray Insurance Group 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 Gray Insurance Group Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Gray Insurance Group 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 Gray Insurance Group Inc

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

Is Gray Insurance Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Gray Insurance Group 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)
Gray Insurance Group Inc
Insurance
Forrest Insurance Agency
Marsh Agency
Industry Comparison
Our data shows that, on average, compensation at Gray Insurance Group Inc is below the average for the U.S. Insurance industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Gray Insurance Group Inc average annual salary with several similar companies. Gray Insurance Group Inc average salary of $89,436 is higher than Forrest Insurance Agency, which has an average salary of $82,760. It is higher than Marsh Agency, with their average salary at $87,084. This places Gray Insurance Group Inc in a competitive 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 Gray Insurance Group Inc

Considering a career at Gray Insurance Group 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.
The workplace is efficient, with clear processes in place. The leadership is visionary, and employees are treated with respect. The workplace culture is engaging, and employee recognition programs are motivating. Engaging projects, never monotonous. Work-life balance is respected, and remote work options are flexible.
The company provides a stable and rewarding career in the insurance industry. I appreciate the opportunities for professional development, such as workshops and certifications. The insurance sector experience here is beneficial for career growth. The team is friendly, though interactions are mostly work-focused.
Fair compensation. It’s a great place for long-term career growth. This company offers a steady career path in insurance.

Gray Insurance Group Inc Overview

Website
www.grayinsurancegroup.com
Founded In
1993
Employees
<25 employees
Industry
Insurance
Headquarter Address
432 S Main St Bel Air Maryland MD 21014
Revenue
<$5 Million
Phone Number
+1 4108796383
Social Media
About Gray Insurance Group Inc
At Gray Insurance Group we provide all types of insurance from the best and most competitive insurance companies in the state of Maryland. We are an independent, family owned insurance agency founded more than 20 years ago by co-owners and brothers Charles and Paul Gray. Since the beginning, we have been dedicated to providing our clients with prompt, professional and friendly service. We stay on

What Benefits Does Gray Insurance Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gray Insurance Group 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at Gray Insurance Group Inc.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Gray Insurance Group Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Gray Insurance Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gray Insurance Group Inc

1. What is the typical salary range (low to high) for most roles at Gray Insurance Group Inc?

The typical annual salary range for most roles at Gray Insurance Group Inc is approximately from $78,696 to $101,124. 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 Gray Insurance Group Inc pay compared to Forrest Insurance Agency?

The average annual salary at Gray Insurance Group Inc is $89,436, or an hourly wage of $43, in comparison to Forrest Insurance Agency which pays $82,760 per year or $40 per hour.

3. Do salaries differ significantly between departments at Gray Insurance Group Inc?

Yes, salaries often differ between departments at Gray Insurance Group Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Gray Insurance Group Inc?

Experience level is a significant factor in determining salary at Gray Insurance Group 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.

5. How can I determine if a salary offer from Gray Insurance Group Inc in Baltimore is fair given the local cost of living?

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

6. Why might an individual's actual salary at Gray Insurance Group Inc differ from the ranges shown here?

An individual's actual salary at Gray Insurance Group Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.