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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
Industry
Workforce
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)
Percentile
Hourly Rate
Annual 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.
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.
CompSignal is a free labor market intelligence tool built for HR, compensation, and talent acquisition teams. We make BLS data, the same primary source Mercer and Radford cross-reference in their paid surveys, searchable and actionable without an enterprise subscription.
Built and maintained by Falcon Incentives, a compensation strategy and incentive design consultancy.