Magnolia Insurance Salary

How much does the Magnolia Insurance Pay for employees?

As of October 2026, the average annual salary for employees at Magnolia Insurance in the United States is $85,059. This translates to an approximate hourly wage of $41. Salaries at Magnolia Insurance typically range from $74,848 to $96,186 annually, reflecting the diverse roles and experience levels within the company. Magnolia 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 Magnolia Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnolia 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.
How accurate does the salary look to you?

Current Job Openings at Magnolia Insurance

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

Is Magnolia Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Magnolia 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
120k
90k
60k
30k
0
Average Salary ($/year)
Magnolia Insurance
Insurance
Alltypes Insurance & Financial Services Inc
Ferrell Insurance Agency Inc
Industry Comparison
Our data shows that, on average, compensation at Magnolia Insurance is below the average for the U.S. Insurance industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magnolia Insurance average annual salary with several similar companies. Magnolia Insurance average salary of $85,059 is lower than Alltypes Insurance & Financial Services Inc, which has an average salary of $88,983. It is lower than Ferrell Insurance Agency Inc, with their average salary at $96,388. This places Magnolia 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.

Employee Reviews: Working at Magnolia Insurance

Considering a career at Magnolia 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 company has a positive and inclusive work culture. There’s a clear path for advancement, and managers actively help you reach your goals. Strong ethics and employee-focused policies. Team collaboration is seamless, and the company invests in technology to streamline workflows.
Flexible scheduling is a plus, and the benefits are comprehensive. The insurance training is top-notch, with access to industry certifications. It’s a workplace that truly invests in its employees’ success. Coworkers are professional and kind. Supportive managers and clear career progression. A great workplace overall.
I’ve gained valuable skills here, and the company’s reputation in the insurance sector is strong. Colleagues are cooperative, and leadership communicates well. The IT infrastructure is up-to-date, minimizing technical issues. This company offers a no-drama work environment. Health benefits, retirement plans, and work flexibility are excellent.

Magnolia Insurance Overview

Website
www.magnoliainsures.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
218 E Pine St Lakeland Florida FL 33801
Revenue
<$5 Million
Phone Number
+1 8638384987
Social Media
About Magnolia Insurance
We are a full-service independent insurance agency, which means that our agents shop a network of trusted insurance providers on your behalf to help you select the right policy for a price well within your budget. We take pride in our careful evaluations of your unique needs in order to find the most suitable policies, taking the hassle out of buying necessary coverage. Our goal is to make the pro

What Benefits Does Magnolia Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnolia 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)
Work at Magnolia Insurance?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Tampa?

Understanding the cost of living near Tampa is key to truly evaluating a salary offer or your current compensation at Magnolia Insurance.
Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). Growing Gulf Coast city, housing costs near US average but have risen. HART bus/streetcar. When planning your budget based on a salary from Magnolia Insurance, 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 Magnolia Insurance salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (HART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,775 - $4,345+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnolia Insurance

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

The typical annual salary range for most roles at Magnolia Insurance is approximately from $74,848 to $96,186. 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 Magnolia Insurance pay compared to Alltypes Insurance & Financial Services Inc?

The average annual salary at Magnolia Insurance is $85,059, or an hourly wage of $41, in comparison to Alltypes Insurance & Financial Services Inc which pays $88,983 per year or $43 per hour.

3. Do salaries differ significantly between departments at Magnolia Insurance?

Yes, salaries often differ between departments at Magnolia Insurance 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 Magnolia Insurance?

Experience level is a significant factor in determining salary at Magnolia Insurance, 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 Magnolia Insurance in Tampa is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Magnolia Insurance?

Several key factors influence salary levels at Magnolia Insurance. 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: Magnolia Insurance likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.