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Insurance Sales Agents Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Insurance Sales Agents in Minneapolis-St. Paul-Bloomington, MN-WI make a median of $81,890 a year, or about $39.37 an hour. The range runs from $49K at the entry level to $168K for experienced workers. Adjusted for local prices (RPP 104.82), that's roughly $78,124 in purchasing power. A 2-bedroom apartment runs $1,709/month — about 33.2% of take-home, which is tight.

AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)

$82K
Median annual
$39.37/hr
Hourly rate
$49K
Entry level (10th %)
$168K
Senior level (90th %)

So what does $82K get you in Minneapolis-St. Paul-Bloomington?

Take-home$5,155/mo
2BR rent (FMR)-$1,709/mo
Rent burden33.2% (above 30%)
COL-adjusted salary$78,124/yr
After rent$3,446/mo
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About insurance sales agents

U.S. employed: 6,610
Category: Sales
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Currently hiring in Minneapolis-St. Paul-Bloomington, MN-WI
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Compensation breakdown

Annual earnings by percentile, Minneapolis-St. Paul-Bloomington, MN-WI

Bar chart showing Insurance Sales Agents salary percentiles in Minneapolis-St. Paul-Bloomington, MN-WI: 10th percentile $49,160, 25th percentile $59,270, median $81,890, 75th percentile $106,890, 90th percentile $168,070. Source: Bureau of Labor Statistics.10th$49K25th$59KMedian$82K75th$107K90th$168K
Bar chart showing Insurance Sales Agents salary percentiles in Minneapolis-St. Paul-Bloomington, MN-WI: 10th percentile $49,160, 25th percentile $59,270, median $81,890, 75th percentile $106,890, 90th percentile $168,070. Source: Bureau of Labor Statistics.

Entry-level insurance sales agents (10th percentile) start around $49K. Mid-career wages sit at $82K.Top earners bring in $168K or more - a $119K spread from bottom to top.

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Insurance Sales Agents pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
Minnesota$79K+30%9,470
New Jersey$78K+29%11,080
Massachusetts$78K+29%10,360
Connecticut$77K+28%5,520
New York$76K+26%20,990
District of Columbia$75K+25%510
Rhode Island$74K+23%1,860
Wisconsin$71K+17%7,920
Vermont$70K+17%670
North Dakota$66K+9%1,240
California$65K+8%41,150
Hawaii$64K+6%960
Iowa$63K+5%6,160
Alabama$63K+4%7,900
Pennsylvania$62K+3%17,600

Track insurance sales agents salary changes

BLS updates this data quarterly. We'll email you when Minneapolis-St. Paul-Bloomington numbers change.

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Frequently asked questions

How much do insurance sales agents make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median is $81,890 a year - that works out to about $39.37 an hour. The range is wide: entry-level workers start around $49,160, and experienced insurance sales agents can clear $168,070. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $82K enough to live in Minneapolis-St. Paul-Bloomington?

On that salary, you'd take home roughly $5,155/month after taxes. A 2-bedroom here rents for about $1,709/month (HUD Fair Market Rent), which eats 33.2% of your paycheck. That's above the 30% rule of thumb - housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

How far does a insurance sales agents salary go in Minneapolis-St. Paul-Bloomington?

Minneapolis-St. Paul-Bloomington has a Regional Price Parity of 104.82 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median insurance sales agents salary is worth about $78,124 in national-average purchasing power.

Where do insurance sales agents get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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