Parks Insurance Group Salary

Parks Insurance Group Salary

How much does the Parks Insurance Group Pay for employees?

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As of August 2026, the average annual salary for employees at Parks Insurance Group in the United States is $90,354. This translates to an approximate hourly wage of $43. Salaries at Parks Insurance Group typically range from $79,503 to $102,161 annually, reflecting the diverse roles and experience levels within the company. Parks Insurance Group’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 Parks Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Parks Insurance Group. 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 Parks Insurance Group

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

Is Parks Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Parks Insurance Group’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)
Parks Insurance Group
Insurance
Southwest Insurance Service
Groogan Insurance Group LLC
Industry Comparison
Our data shows that, on average, compensation at Parks Insurance Group is below the average for the U.S. Insurance industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Parks Insurance Group average annual salary with several similar companies. Parks Insurance Group average salary of $90,354 is higher than Southwest Insurance Service, which has an average salary of $79,490. It is higher than Groogan Insurance Group LLC, with their average salary at $84,321. This places Parks Insurance Group 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.

How Parks Insurance Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parks Insurance Group

Considering a career at Parks Insurance Group? 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 workload is predictable, and colleagues are easy to work with. A good fit for those seeking consistency in the insurance field. Work-life balance is respected, and flexible scheduling options are available. Managers recognize hard work, and promotions are merit-based. It’s a forward-thinking employer that values its workforce.
Commented in May 11, 2025
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A rewarding place to build a career. The company provides a stable work environment with standard insurance industry perks. Benefits align with industry standards, and the office is comfortable. It’s a great workplace for those looking to grow in the insurance sector. Benefits are standard, and management is responsive. The office environment is quiet and professional. The office environment is mo...
Commented in February 04, 2025
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The office environment is modern, and remote workers receive good tech support. It’s a dependable place for those who prefer consistency in their career. Career growth opportunities are plentiful, and management is supportive. The compensation is competitive, and the benefits package is comprehensive. The office atmosphere is friendly, and collaboration is encouraged.
Commented in October 18, 2024
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Parks Insurance Group Overview

Website
www.goparksins.com
Founded In
1989
Employees
<25 employees
Industry
Insurance
Headquarter Address
8316 Medical Plaza Dr Charlotte North Carolina NC 28262
Revenue
$5 Million - $10 Million
Phone Number
+1 7045480500
Social Media
About Parks Insurance Group
As a locally owned and operated insurance agency in Huntersville and Charlotte, NC, The Parks Insurance Group is committed to providing quality insurance products for individuals and businesses. We combine our strong insurance background and product knowledge to assist both current and future clients manage and plan for all types of potential risk. Our team of certified agents is trained and exper

What Benefits Does Parks Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parks Insurance Group 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 Parks Insurance Group?
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What Is the Cost of Living Near Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Parks Insurance Group.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Parks Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Parks Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS 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 $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parks Insurance Group

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

The typical annual salary range for most roles at Parks Insurance Group is approximately from $79,503 to $102,161. 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 Parks Insurance Group pay compared to Southwest Insurance Service?

The average annual salary at Parks Insurance Group is $90,354, or an hourly wage of $43, in comparison to Southwest Insurance Service which pays $79,490 per year or $38 per hour.

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

Yes, salaries often differ between departments at Parks Insurance Group 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 Parks Insurance Group?

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

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

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

An individual's actual salary at Parks Insurance Group 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.

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