StateFarm Specialty Salary

How much does the StateFarm Specialty Pay for employees?

As of August 2026, the average annual salary for employees at StateFarm Specialty in the United States is $97,042. This translates to an approximate hourly wage of $47. Salaries at StateFarm Specialty typically range from $85,386 to $109,721 annually, reflecting the diverse roles and experience levels within the company. StateFarm Specialty’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 StateFarm Specialty Pay for Different Roles?

Explore detailed salary information for specific jobs at StateFarm Specialty. 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 StateFarm Specialty

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

Is StateFarm Specialty’s Pay Competitive? Salary Benchmarking Analysis

How does StateFarm Specialty’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)
StateFarm Specialty
Insurance
PBARx LLC
WBR Insurance agency
Industry Comparison
Our data shows that, on average, compensation at StateFarm Specialty is below the average for the U.S. Insurance industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared StateFarm Specialty average annual salary with several similar companies. StateFarm Specialty average salary of $97,042 is lower than PBARx LLC, which has an average salary of $98,645. It is higher than WBR Insurance agency, with their average salary at $88,276. This places StateFarm Specialty 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.

Employee Reviews: Working at StateFarm Specialty

Considering a career at StateFarm Specialty? 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 leadership team is accessible, and there’s a strong focus on professional growth. The team is talented and always willing to share knowledge. The team culture is collaborative, and the benefits package is robust. While innovation is gradual, the focus on reliability is a strength.
It’s a decent place to work if you value stability over dynamic changes. Flexible schedules and good training programs. Leadership values employee input.
The organization runs smoothly with clear expectations. Regular skill-building workshops and mentorship programs are available. The work-life balance is respected, with flexible scheduling options for many roles. Benefits like health coverage and performance bonuses are excellent. The benefits, including health coverage and performance bonuses, are impressive. While there aren’t many standout perk...

StateFarm Specialty Overview

Website
www.statefarmspecialty.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
75 Remittance Dr Chicago Illinois IL 60675
Revenue
$5 Million - $10 Million
Phone Number
+1 8667376877
Social Media
About StateFarm Specialty
StateFarm Specialty is a company that operates in the Insurance industry. It employs 11-20 people and has $5M-$10M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does StateFarm Specialty Offer Beyond Salary?

A competitive compensation package is more than just a salary. StateFarm Specialty 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at StateFarm Specialty.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from StateFarm Specialty, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of StateFarm Specialty salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of StateFarm Specialty

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

The typical annual salary range for most roles at StateFarm Specialty is approximately from $85,386 to $109,721. 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 StateFarm Specialty pay compared to PBARx LLC?

The average annual salary at StateFarm Specialty is $97,042, or an hourly wage of $47, in comparison to PBARx LLC which pays $98,645 per year or $47 per hour.

3. Do salaries differ significantly between departments at StateFarm Specialty?

Yes, salaries often differ between departments at StateFarm Specialty 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 StateFarm Specialty?

Experience level is a significant factor in determining salary at StateFarm Specialty, 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 StateFarm Specialty in Chicago is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at StateFarm Specialty?

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