Insurance Sales Agents Salary in Minnesota
Insurance Sales Agents in Minnesota make a median of $78,650 a year, or about $37.81 an hour. The range runs from $48K at the entry level to $157K for experienced workers.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $79K get you in Minnesota?
About insurance sales agents
Compensation breakdown
Annual earnings by percentile, Minnesota
Entry-level insurance sales agents (10th percentile) start around $48K. Mid-career wages sit at $79K.Top earners bring in $157K or more - a $109K spread from bottom to top.
Insurance Sales Agents pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| 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 Minnesota numbers change.
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Frequently asked questions
How much do insurance sales agents make in Minnesota?
The median is $78,650 a year - that works out to about $37.81 an hour. The range is wide: entry-level workers start around $47,810, and experienced insurance sales agents can clear $157,130. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $79K enough to live in Minnesota?
On that salary, you'd take home roughly $4,983/month after taxes. A 2-bedroom in this state rents for about $1,232/month (median of metro areas), which eats 24.7% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a insurance sales agents salary go in Minnesota?
Minnesota has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median insurance sales agents salary is worth about $78,650 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.