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West Virginia Earnings
West Virginia Metropolitan Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Charleston MSA
|
$73,650 or $35.41/hr
|
$35,450 or $17.04/hr
|
$125,420 or $60.30/hr
|
Cumberland MD-WV MSA
|
$73,280 or $35.23/hr
|
$31,200 or $15.00/hr
|
$125,260 or $60.22/hr
|
Hagerstown-Martinsburg MD-WV MSA
|
$64,500 or $31.01/hr
|
$35,370 or $17.01/hr
|
$103,740 or $49.87/hr
|
Huntington-Ashland WV-KY-OH MSA
|
$68,690 or $33.03/hr
|
$24,890 or $11.96/hr
|
$166,470 or $80.03/hr
|
Morgantown MSA
|
$62,860 or $30.22/hr
|
$35,740 or $17.18/hr
|
$114,980 or $55.28/hr
|
Parkersburg-Vienna MSA
|
N/A
|
N/A
|
N/A
|
Washington-Arlington-Alexandria DC-VA-MD-WV
|
$75,960 or $36.52/hr
|
$35,110 or $16.88/hr
|
$133,810 or $64.33/hr
|
Weirton-Steubenville WV-OH MSA
|
$63,830 or $30.69/hr
|
$27,950 or $13.44/hr
|
$131,020 or $62.99/hr
|
Wheeling WV-OH MSA
|
$58,240 or $28.00/hr
|
$29,470 or $14.17/hr
|
$100,510 or $48.32/hr
|
Winchester VA-WV MSA
|
$57,000 or $27.41/hr
|
$33,210 or $15.97/hr
|
$75,800 or $36.44/hr
|
Beckley MSA
|
$63,120 or $30.35/hr
|
$24,720 or $11.88/hr
|
$120,740 or $58.05/hr
|
West Virginia Geographical Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Southern West Virginia nonmetropolitan area
|
$87,360 or $42.00/hr
|
$21,160 or $10.18/hr
|
$171,440 or $82.42/hr
|
Northern West Virginia nonmetropolitan area
|
$51,700 or $24.85/hr
|
$28,220 or $13.57/hr
|
$97,310 or $46.79/hr
|
West Virginia's Employment and Outlook (State-wide)
Outlook
|
Stable Growth rate is estimated to be 7%
|
Job Openings
|
220 estimated annual job openings
|
Employment
|
2,210 were employed in this occupation
|
Regions with stable outlook (0 to 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Workforce Investment Area 1
|
329
|
5%
|
|
30
|
30
|
Workforce Investment Area 2
|
246
|
13%
|
2
|
26
|
28
|
Workforce Investment Area 3
|
366
|
9%
|
5
|
30
|
35
|
Workforce Investment Area 4
|
163
|
6%
|
2
|
13
|
15
|
Workforce Investment Area 5
|
220
|
6%
|
2
|
18
|
20
|
Workforce Investment Area 6
|
338
|
7%
|
4
|
28
|
32
|
Workforce Investment Area 7
|
245
|
10%
|
3
|
21
|
24
|
National Earnings
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
Outlook
|
stable
|
|
The employment change from 2021 to 2031 is estimated to be +6%.
(The National average for all occupations is +5%)
|
Job Openings
|
very small number
|
|
A total of 5270 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
|
Employment
|
large occupation
|
|
This was a large occupation in the United States, employing 523,200 workers in 2021.
(The National average for all occupations is 142,207 workers)
|
Growth
|
Average growth
|
|
Because the profitability of insurance companies depends on a steady stream of new customers, the demand for insurance sales agents is expected to continue. Employment growth will likely be strongest for independent sales agents as insurance companies rely more on brokerages and less on in-house agents as a way to control costs.
|
Industries
|
Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (83.2%)
- Insurance carriers and related activities (NAICS524000) (82.4%)
- Agencies, brokerages, and other insurance related activities (NAICS524200) (63%)
- Insurance agencies and brokerages (NAICS524210) (60.5%)
- Insurance carriers (NAICS524100) (19.4%)
- Self-employed workers (13.8%)
- Direct insurance (except life, health, and medical) carriers (NAICS524120) (7.7%)
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