Salary Outlook
According to the BLS, the mean annual salary for insurance agents was $47,450 in 2011. The best-paid 10 percent made an average of $115,300, while the lowest-paid 10 percent were paid $25,910, on average. The highest salaries were paid by outpatient care centers, securities and commodities firms, and insurance and employee benefit funds. The highest-paid insurance agents worked in the metropolitan areas of Bloomington, Ill., St. Joseph, Mo., and El Centro, Calif.
| Job Salary | Year |
|---|---|
| 2002 | $53,050.00 |
| 2004 | $55,870.00 |
| 2006 | $58,610.00 |
| 2008 | $60,460.00 |
| 2010 | $62,520.00 |
Average Insurance Agent Pay vs. All Business Jobs
Insurance agents made approximately $47,450 in 2011, which is more than a meeting planner or an executive assistant. By comparison, loan officers and market research analysts usually make more money than insurance agents.
| Job Name | Salary |
|---|---|
| Management Analyst | $78,490.00 |
| Market Research Analyst | $60,250.00 |
| Loan Officer | $58,030.00 |
| Insurance Agent | $47,450.00 |
| Meeting, Convention & Event Planner | $46,020.00 |
| Executive Assistant | $45,580.00 |
See Complete List of Best Business Jobs
Best Paying Cities for Insurance Agents
The highest paid in the insurance agent profession work in the metropolitan areas of Bloomington, IL, St. Joseph, MO, and El Centro, CA. The Glens Falls, NY area also pays well, as does the city of Santa Rosa, CA.
Bloomington, IL
Average Salary: $114,320 | See Job Openings
The annual median wage of an insurance agent working in Bloomington, IL is $114,320, which is $66,870 more than the average pay in the profession.
St. Joseph, MO
Average Salary: $107,200 | See Job Openings
The annual median wage of an insurance agent working in St. Joseph, MO is $107,200, which is $59,750 more than the average pay in the profession.
El Centro, CA
Average Salary: $103,870 | See Job Openings
The annual median wage of an insurance agent working in El Centro, CA is $103,870, which is $56,420 more than the average pay in the profession.
Glens Falls, NY
Average Salary: $98,430 | See Job Openings
The annual median wage of an insurance agent working in Glens Falls, NY is $98,430, which is $50,980 more than the average pay in the profession.
Santa Rosa, CA
Average Salary: $97,710 | See Job Openings
The annual median wage of an insurance agent working in Santa Rosa, CA is $97,710, which is $50,260 more than the average pay in the profession.
What salaries are being offered for Insurance Agents in your city?
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