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State Budget Agency Salary

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Salary at State Budget Agency

Current Job Openings at State Budget Agency

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Is State Budget Agency’s Pay Competitive? Salary Benchmarking Analysis

How does State Budget Agency’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)

State Budget Agency

Insurance

IN Department of Insurance

Ail Special Risk Division

Industry Comparison

Our data shows that, on average, compensation at State Budget Agency is below the average for the U.S. Insurance industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared State Budget Agency average annual salary with several similar companies. State Budget Agency average salary of $92,464 is lower than IN Department of Insurance, which has an average salary of $93,139. It is lower than Ail Special Risk Division, with their average salary at $93,192. This places State Budget Agency in a developing position among its peers.

See Your True Competitors

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How State Budget Agency's Salaries Compare to Similar Companies?

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

IN Department of Insurance

$93,139 / year

Salary Range: $81,922 - $105,355

Indianapolis, IN

Ail Special Risk Division

$93,192 / year

Salary Range: $81,968 - $105,416

Indianapolis, IN

cameroncausey.com

$92,495 / year

Salary Range: $81,363 - $104,636

Indianapolis, IN

American Life And Casualty Marketing Division Co

$92,664 / year

Salary Range: $81,500 - $104,819

Carmel, IN

Jefferson National Life Insurance Co

$92,938 / year

Salary Range: $81,748 - $105,136

Carmel, IN

Louisiana State Fop Police Insurance Inc

$89,785 / year

Salary Range: $78,971 - $101,563

Baton Rouge, LA

Municipal Assurance Corp

$115,806 / year

Salary Range: $101,862 - $130,999

New York City, NY

Texas Insurance Agency

$97,295 / year

Salary Range: $85,578 - $110,062

Pearland, TX

Seven Insurance Brokers LLC

$114,256 / year

Salary Range: $100,506 - $129,255

Westchester, NY

Employee Reviews: Working at State Budget Agency

Considering a career at State Budget Agency? 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 hybrid work model allows flexibility without compromising productivity. Management truly values employees and encourages professional development. The team is collaborative, and work-life balance is respected. The company maintains a strong reputation in the insurance market, which adds a sense of job security.

Commented in April 18, 2025

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The onboarding process was smooth, and my team was very supportive. The company follows industry standards with a focus on efficiency. Training is adequate, though more specialized courses would be helpful. This company truly values its employees. I’m satisfied with my role and the opportunities available here.

Commented in December 18, 2024

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The company culture promotes both individual and team success. While not groundbreaking, it’s a reliable place to work. A motivating place to work. The insurance products are reputable, which adds credibility to daily work. The hybrid schedule is a great benefit, and the health coverage is excellent. Managers are approachable and provide constructive feedback. Recognition programs, career growth o...

Commented in July 07, 2024

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Benefits and perks are generous, and there’s a clear path for advancement. The company also promotes from within, which is motivating. Great mentorship programs for career growth. The training programs are excellent, helping employees stay ahead in the industry. Compensation is competitive, and the company offers flexible work arrangements when needed.

Commented in June 10, 2024

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The insurance products are reputable, which helps in client interactions. The company operates efficiently with clear processes in place. I enjoy working here—the team is knowledgeable and always willing to help. The management team is proactive in addressing concerns. The collaborative culture makes problem-solving efficient, and cross-department communication is smooth.

Commented in March 25, 2024

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What Benefits Does State Budget Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. State Budget Agency 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?

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

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What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at State Budget Agency.

Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from State Budget Agency, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$950 - $1,400+	A significant portion of State Budget Agency salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$60 (IndyGo 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	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$360 - $670+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,240 - $3,510+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of State Budget Agency

1. How much does a State Budget Agency employee make?

State Budget Agency pays its employees an average of $92,464 per year. The average salary at State Budget Agency range from $81,336 to $104,599 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 State Budget Agency?

The salary at State Budget Agency is lesser than the similar company. The average annual salary at State Budget Agency is $92,464, or an hourly wage of $44, in comparison to IN Department of Insurance which pays $93,139 per year or $45 per hour.

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

In many roles at State Budget Agency, 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 Indianapolis affect the perceived value of a State Budget Agency salary?

Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). This significantly impacts the purchasing power of a salary from State Budget Agency based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does State Budget Agency typically offer employees?

State Budget Agency 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 State Budget Agency" section on this page.