Insurance Sales Agents Salary
Official U.S. Bureau of Labor Statistics Data - May 2024
Median Annual Salary
$58,760
$28.25 / hour
▲ 3% (Average)
Salary Range
$31,143 - $101,067
10th to 90th percentile
Total Employed
555,090
workers nationally
Insurance Sales Agents Salary by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th (Entry Level) | $31,143 | $14.97 |
| 25th Percentile | $42,307 | $20.34 |
| 50th (Median) | $58,760 | $28.25 |
| 75th Percentile | $81,089 | $38.99 |
| 90th (Top Earners) | $101,067 | $48.59 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | ||
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Top Paying States for Insurance Sales Agents
| # | State | Median Annual | Median Hourly |
|---|---|---|---|
| 1 | District of Columbia (DC) | $77,563 | $37.29 |
| 2 | California (CA) | $73,450 | $35.31 |
| 3 | Massachusetts (MA) | $71,687 | $34.46 |
| 4 | New York (NY) | $71,687 | $34.46 |
| 5 | New Jersey (NJ) | $70,512 | $33.90 |
| 6 | Connecticut (CT) | $69,337 | $33.34 |
| 7 | Maryland (MD) | $69,337 | $33.34 |
| 8 | Hawaii (HI) | $67,574 | $32.49 |
| 9 | Alaska (AK) | $65,811 | $31.64 |
| 10 | Washington (WA) | $65,811 | $31.64 |
| Source: BLS OEWS May 2024 | |||
About Insurance Sales Agents
Insurance Sales Agents work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the sales sector of the U.S. economy.
Education Requirements
Typical Entry-Level Education: High school diploma
Job Outlook for Insurance Sales Agents
Projected Growth
+3%
2022-2032
▲ 3% (Average)
Annual Job Openings
1,718,700
projected annually
Outlook data based on BLS Employment Projections program. Growth rate is projected change in employment 2022-2032.
Frequently Asked Questions
How much do Insurance Sales Agents make?
The median annual salary for Insurance Sales Agents is $58,760 (BLS OEWS May 2024). Entry-level workers earn around $31,143, while the top 10% earn $101,067 or more.
What is the hourly wage for Insurance Sales Agents?
Insurance Sales Agents earn a median hourly wage of $28.25 per hour. Working full-time (40 hrs/week, 52 weeks), this equals approximately $58,760 annually.
Is Insurance Sales Agents a good-paying career?
With a median salary of $58,760, Insurance Sales Agents represents a viable career path. Job outlook: Average (3% growth, 2022-2032).
What education do Insurance Sales Agents need?
Typical entry-level education: High school diploma. Requirements vary by employer and specialization - check with specific employers and BLS OOH for detailed requirements.
Related Jobs & Salaries
Insurance Sales Agents Salary by State
Click any state to see detailed insurance sales agents salary data for that state.
Alabama
$51,709/yr
Alaska
$65,811/yr
Arizona
$57,585/yr
Arkansas
$49,358/yr
California
$73,450/yr
Colorado
$63,461/yr
Connecticut
$69,337/yr
Delaware
$61,698/yr
District of Columbia
$77,563/yr
Florida
$56,410/yr
Georgia
$54,647/yr
Hawaii
$67,574/yr
Idaho
$52,884/yr
Illinois
$61,698/yr
Indiana
$53,472/yr
Iowa
$52,884/yr
Kansas
$52,884/yr
Kentucky
$52,296/yr
Louisiana
$51,709/yr
Maine
$54,647/yr
Maryland
$69,337/yr
Massachusetts
$71,687/yr
Michigan
$56,410/yr
Minnesota
$61,110/yr
Mississippi
$47,596/yr
Missouri
$53,472/yr
Montana
$51,709/yr
Nebraska
$52,884/yr
Nevada
$58,172/yr
New Hampshire
$63,461/yr
New Jersey
$70,512/yr
New Mexico
$51,121/yr
New York
$71,687/yr
North Carolina
$54,647/yr
North Dakota
$55,822/yr
Ohio
$54,647/yr
Oklahoma
$51,121/yr
Oregon
$62,286/yr
Pennsylvania
$59,348/yr
Rhode Island
$61,698/yr
South Carolina
$52,884/yr
South Dakota
$51,709/yr
Tennessee
$52,884/yr
Texas
$56,997/yr
Utah
$56,997/yr
Vermont
$57,585/yr
Virginia
$62,873/yr
Washington
$65,811/yr
West Virginia
$48,183/yr
Wisconsin
$55,822/yr
Wyoming
$54,059/yr