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Insurance Sales Agents Salary - BLS OEWS Wage Benchmarks

SOC 41-3021 · National · May 2025 OEWS Data

Median Annual Salary
$62,275
$29.94/hr
Verified BLS OEWS data · Updated May 18, 2026
Source: BLS OEWS · Published May 15, 2026
Next refresh: May 2027
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The national median salary for Insurance Sales Agents is $62,275 per year ($29.94/hr) according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2025. The middle 50% of earners make between $46,862 and $96,949 annually. Top earners at the 90th percentile reach $138,133 per year. There are approximately 479,100 insurance sales agents employed in the United States.

About This Role

BLS Standard Occupational Classification 2018

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

Career Outlook

BLS Employment Projections · 2024-2034
10-year growth
+3.7%
About as fast as average
Annual openings
47K
per year, on avg
Workforce today
569K
as of 2024
Why those openings exist
4% from new growth96% from people leaving the role
Most openings come from replacement, not growth. Retention matters more than recruiting here.
Typical entry requirements
Education
High school diploma or equivalent
Experience
None
On-the-job training
Moderate-term on-the-job training

Industry Wage Breakdown

Top 5 industries by employment · median annual wage, sector-specific
IndustryWorkforce Median Pay
Agencies, Brokerages, and Other Insurance Related Activities
NAICS 524200
379K$61,620
Insurance Carriers
NAICS 524100
81K$72,350
Management of Companies and Enterprises
NAICS 551100
3K$81,090
Travel Arrangement and Reservation Services
NAICS 561500
3K$48,310
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
NAICS 523000
2K$49,980
Wage range across top 5 industries: $48,310 to $81,090 (68% spread)

Wage Percentiles

Hourly & annualized (2,080 hours)
PercentileHourly RateAnnual Salary
P10$17.95$37,336
P25$22.53$46,862
P50MEDIAN$29.94$62,275
P75$46.61$96,949
P90$66.41$138,133

Market Context Signal

JOLTS · retail sector
Active
Openings Rate
4.6%
Quits Rate
3.1%

Retail openings rose to 737K (+52K) in March, rate up to 4.6%. Hires increased to 684K (+73K). Frontline turnover persists with quit rate at 3.1%.

Frequently Asked Questions

What is the average insurance sales agents salary?

The national median salary for Insurance Sales Agents is $62,275 per year ($29.94/hr) according to BLS OEWS May 2025 data. The middle 50% earn between $46,862 and $96,949 annually.

How much do top-earning insurance sales agents make?

The 90th percentile salary for Insurance Sales Agents is $138,133 per year ($66.41/hr). The 75th percentile is $96,949 per year.

What is the entry-level salary for insurance sales agents?

Entry-level Insurance Sales Agents (10th percentile) earn approximately $37,336 per year ($17.95/hr). The 25th percentile is $46,862 per year.

Related Salary Data

Compare with other occupations
Retail Salespersons41-2031$35K/yrCashiers41-2011$33K/yrSales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel41-3091$70K/yrSales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products41-4012$72K/yrFirst-Line Supervisors of Retail Sales Workers41-1011$49K/yrBrowse all 770+ occupations →

Insurance Sales Agents Salary by State

Top 5 states by employment
Florida47,560 workersTexas47,060 workersCalifornia41,160 workersNew York22,420 workersNorth Carolina20,540 workers

About This Data

Wage figures on this page come from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment & Wage Statistics (OEWS) survey, May 2025 release. OEWS surveys roughly 1.1 million establishments annually. It is the most comprehensive employer-reported wage dataset in the United States.

P10 through P90 percentiles represent the wage distribution across all surveyed employers (not self-reported by workers). Geographic adjustments use BLS-derived cost multipliers calibrated from regional wage variation.

Wages are estimates. Individual compensation depends on experience, education, employer size, industry, and negotiation. Use this as benchmark context, not absolute ground truth.

Next OEWS release: May 2027Verify on BLS.gov →

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