How to Become a Insurance Sales Agents in Minnesota
Insurance Sales Agents in Minnesota earn a median salary of $78,650/year, which is 30% above the national average. Minnesota has a state income tax of ~5.0%. After taxes and rent, a insurance sales agents takes home approximately $3,571/month. Most positions require High school diploma or equivalent.
What a insurance sales agents can afford in Minnesota
Becoming a insurance sales agents in Minnesota
Meet education requirements
Insurance Sales Agents positions in Minnesota typically require High school diploma or equivalent. Programs are available at colleges and training institutions across Minnesota. Research accredited programs in your area.
Gain required experience
Many insurance sales agents positions in Minnesota require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Minnesota licensure or certification
Minnesota may require specific licensing or professional certification for insurance sales agentss. Requirements vary by state — contact the Minnesota Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Minnesota
Minnesota employs 9,470 insurance sales agents. The highest concentrations are in Minneapolis-St. Paul-Bloomington and Rochester.
Insurance Sales Agents salary by metro area in Minnesota
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Minneapolis-St. Paul-Bloomington | $82K | $39.37/hr | 6,610 |
| Rochester | $80K | $38.59/hr | 150 |
| Mankato | $74K | $35.8/hr | 140 |
| Duluth | $59K | $28.41/hr | 350 |
| St. Cloud | $59K | $28.35/hr | 350 |
Insurance Sales Agents salary range in Minnesota
Insurance Sales Agents careers in other states
Frequently asked questions
How much does a insurance sales agents make in Minnesota?▼
The median insurance sales agents salary in Minnesota is $78,650 per year ($37.81/hr). This is 30% above the national median of $60,370. Salaries range from $47,810 to $157,130.
What are the requirements to become a insurance sales agents in Minnesota?▼
Insurance Sales Agents positions in Minnesota typically require High school diploma or equivalent. Minnesota may have specific licensing or certification requirements. Check with the Minnesota licensing board or department of labor for current requirements.
Can a insurance sales agents afford to live in Minnesota?▼
At the median salary of $78,650, a insurance sales agents in Minnesota would take home approximately $4,983/month after taxes. With median 2-bedroom rent at $1,412/month, that's 28.3% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for insurance sales agents in Minnesota?▼
The highest paying metro areas for insurance sales agents in Minnesota are Minneapolis-St. Paul-Bloomington ($81,890), Rochester ($80,260), Mankato ($74,470). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Minnesota have state income tax for insurance sales agents?▼
Yes, Minnesota has a state income tax rate of approximately 5.0%. On a $78,650 salary, this means roughly $3,921/year in state income tax. Use our take-home pay calculator for a detailed breakdown.