Insurance Sales Agents Salary in New Jersey
SOC 41-3021 · New Jersey · BLS OEWS May 2024
The median salary for Insurance Sales Agents in New Jersey is $78,083 per year ($37.54/hr). This is 29.4% higher than the national median of $60,362. The middle 50% earn between $61,485 and $117,686 annually. Top earners at the 90th percentile reach $165,131.
Wage Percentiles: New Jersey
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $23.18 | $48,214 | +32.5% |
| P25 | $29.56 | $61,485 | +35.1% |
| P50MEDIAN | $37.54 | $78,083 | +29.4% |
| P75 | $56.58 | $117,686 | +29.1% |
| P90 | $79.39 | $165,131 | +21.7% |
Market Context Signal
Retail saw layoffs increase by 72K in February. For professional roles in retail orgs, conditions are more stable than frontline, but the sector is softening.
Frequently Asked Questions
What is the median insurance sales agents salary in New Jersey?
The median (P50) annual salary for Insurance Sales Agents in New Jersey is approximately $78,083, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 29.4% higher than the national median of $60,362.
What is the salary range for entry-level insurance sales agents in New Jersey?
Entry-level Insurance Sales Agents (10th percentile) in New Jersey earn approximately $48,214 per year. The 25th percentile is $61,485. Top earners (90th percentile) reach $165,131.
How does New Jersey compare to the national average for insurance sales agents?
New Jersey pays 29.4% higher than the national average. The national P50 is $60,362 vs $78,083 in New Jersey. Based on BLS national data adjusted for regional cost factors.
Insurance Sales Agents Salary by Location
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