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Spencer Agency Inc Salary

Spencer Agency Inc Salary

How much does the Spencer Agency Inc Pay for employees?

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As of October 2026, the average annual salary for employees at Spencer Agency Inc in the United States is $87,264. This translates to an approximate hourly wage of $42. Salaries at Spencer Agency Inc typically range from $76,781 to $98,673 annually, reflecting the diverse roles and experience levels within the company. Spencer Agency 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 Spencer Agency Inc Pay for Different Roles?

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

Current Job Openings at Spencer Agency Inc

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

Is Spencer Agency Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Agency 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)
Spencer Agency Inc
Insurance
Peerless Brokerage Inc
Goss Insurance Agency Inc
Industry Comparison
Our data shows that, on average, compensation at Spencer Agency Inc 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 Spencer Agency Inc average annual salary with several similar companies. Spencer Agency Inc average salary of $87,264 is lower than Peerless Brokerage Inc, which has an average salary of $108,381. It is higher than Goss Insurance Agency Inc, with their average salary at $82,411. This places Spencer Agency Inc in a mid-range 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 Spencer Agency Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Spencer Agency Inc

Considering a career at Spencer Agency 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.
I’ve grown professionally since joining and would recommend it to anyone seeking stability and growth in insurance. The benefits meet industry standards, and the workload is predictable. The company invests in technology, improving efficiency. Colleagues are helpful, and management is fair.
Commented in March 19, 2025
48
3
Benefits like health coverage, retirement plans, and performance bonuses are excellent. The insurance industry is fast-paced, but teamwork makes it manageable. Career growth opportunities are available, and the benefits package is strong. I’ve developed valuable skills and built lasting relationships here. The management team is proactive in addressing concerns. The leadership team is approachable...
Commented in March 10, 2025
8
3
The company maintains a professional and efficient work environment. The team is collaborative, and morale is generally high. A good fit for those seeking consistency in the insurance field.
Commented in October 12, 2024
18
0

Spencer Agency Inc Overview

Website
www.spencer-agency.com
Founded In
1987
Employees
<25 employees
Industry
Insurance
Headquarter Address
85 Main St Candor New York NY 13743
Revenue
<$5 Million
Phone Number
+1 6075894456
Social Media
About Spencer Agency Inc
Spencer Agency Inc. has been serving the Spencer and Candor communities for over 100 years. From personal auto, homeowners and umbrella to commercial auto and liability/property policies, we understand no families or businesses are alike. All insurance plans are custom tailored to fit your specific needs. No "cookie cutter" insurance plans here. We invite you to meet with one of our friendly, know

What Benefits Does Spencer Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Agency 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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What Is the Cost of Living Near Syracuse?

Understanding the cost of living near Syracuse is key to truly evaluating a salary offer or your current compensation at Spencer Agency Inc.
Syracuse's Cost of Living Index is approximately 80.7 (19.3% less expensive than US average; 35.5% less than NY average). Central NY city (Syracuse Univ.), affordable housing, snow. Centro bus. When planning your budget based on a salary from Spencer Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Spencer Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (Centro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Agency Inc

1. How much does a Spencer Agency Inc employee make?

Spencer Agency Inc pays its employees an average of $87,264 per year. The average salary at Spencer Agency Inc range from $76,781 to $98,673 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 Spencer Agency Inc?

The salary at Spencer Agency Inc is lesser than the similar company. The average annual salary at Spencer Agency Inc is $87,264, or an hourly wage of $42, in comparison to Peerless Brokerage Inc which pays $108,381 per year or $52 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Spencer Agency Inc?

In many roles at Spencer Agency Inc, 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 Syracuse affect the perceived value of a Spencer Agency Inc salary?

Syracuse's Cost of Living Index is approximately 80.7 (19.3% less expensive than US average; 35.5% less than NY average). This significantly impacts the purchasing power of a salary from Spencer Agency Inc based there. Our "Cost of Living Insights for Syracuse" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Spencer Agency Inc typically offer employees?

Spencer Agency Inc 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 Spencer Agency Inc" section on this page.

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