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Insurance Agent: Salary

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Salary Outlook

According to the BLS, the mean annual salary for insurance agents was $63,400 in 2012. The best-paid 10 percent made an average of $116,940, while the lowest-paid 10 percent were paid $26,120, on average. The highest salaries were paid by securities and commodities firms, outpatient care centers and insurance and wholesale electronic markets. The highest-paid insurance agents worked in the metropolitan areas of Bloomington, Ill., Santa Rosa, Calif., and Santa Ana, Calif.

Job Salary Year
2004 $55,870.00
2006 $58,610.00
2008 $60,460.00
2010 $62,520.00
2012 $63,400.00

Average Insurance Agent Pay vs. All Business Jobs

Insurance agents made an average salary of $63,400 in 2012, which is slightly more than a sales representative ($64,300) and much more than a customer service representative ($33,110). It's also significantly more than a retail salesperson ($25,310) or a receptionist ($27,050).

Job Name Salary
Sales Representative $54,230.00
Insurance Agent $48,150.00
Customer Service Representative $30,580.00
Receptionist $25,990.00

Best Paying Cities for Insurance Agents

The highest paid in the insurance agent profession work in the metropolitan areas of Bloomington, Ill., Santa Rosa, Calif., and Santa Ana, Calif. The Framingham, Mass. area also pays well, as does the city of Albany, N.Y.

Bloomington, Ill.

Average Salary: $117,010 | See Job Openings

The annual median wage of an insurance agent working in Bloomington, Ill. is $117,010, which is $68,860 more than the average pay in the profession.

Santa Rosa, Calif.

Average Salary: $94,740 | See Job Openings

The annual median wage of an insurance agent working in Santa Rosa, Calif. is $94,740, which is $46,590 more than the average pay in the profession.

Santa Ana, Calif.

Average Salary: $91,800 | See Job Openings

The annual median wage of an insurance agent working in Santa Ana, Calif. is $91,800, which is $43,650 more than the average pay in the profession.

Framingham, Mass.

Average Salary: $91,510 | See Job Openings

The annual median wage of an insurance agent working in Framingham, Mass. is $91,510, which is $43,360 more than the average pay in the profession.

Albany, N.Y.

Average Salary: $91,120 | See Job Openings

The annual median wage of an insurance agent working in Albany, N.Y. is $91,120, which is $42,970 more than the average pay in the profession.

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Last updated by Kimberly Palmer.


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