Insurance Sales Agents Salary
Insurance Sales Agents in Monroe, MI make a median of $77,560 a year, or about $37.29 an hour. The range runs from $37K at the entry level to $175K for experienced workers. Cost of living is below average (RPP 93.49), which stretches that salary to about $82,961 in buying power. Rent on a 2-bedroom averages $1,326/month, or 26% of estimated take-home pay.
So what does $78K get you in Monroe?
Groceries, utilities, transportation, and healthcare scaled from national averages by Monroe’s Regional Price Parity (93.49). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About insurance sales agents
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Monroe
Monroe sits well above the national pay line for insurance sales agents, local pay runs about 25% higher than the U.S. median of $62K. Rent runs $1,326/month for a 2-bedroom (HUD FMR), taking 26.7% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 93.49 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for insurance sales agents in metros near Monroe, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Detroit-Warren-Dearborn | $64K | $63K |
| Grand Rapids-Wyoming-Kentwood | $61K | $64K |
| Lansing-East Lansing | $66K | $69K |
| Flint | $65K | $69K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Monroe, MI
Entry-level insurance sales agents (10th percentile) start around $37K. Mid-career wages sit at $78K. Top earners bring in $175K or more, a $139K spread from bottom to top.
Insurance Sales Agents pay across states
Median income ranked highest to lowest, compared to the national figure
View Insurance Sales Agents salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $85K | +36% | N/A |
| New Jersey | $82K | +31% | 11,370 |
| Rhode Island | $80K | +28% | 1,700 |
| Wisconsin | $79K | +28% | 7,860 |
| Massachusetts | $79K | +27% | 9,940 |
| Minnesota | $79K | +26% | 10,010 |
| New York | $78K | +25% | 22,420 |
| California | $76K | +22% | 41,160 |
| Connecticut | $75K | +20% | 5,230 |
| New Hampshire | $74K | +19% | 2,320 |
| Pennsylvania | $73K | +18% | 19,390 |
| South Dakota | $72K | +16% | 1,870 |
| Wyoming | $72K | +15% | 850 |
| North Dakota | $71K | +14% | 1,460 |
| Vermont | $71K | +14% | 730 |
| Colorado | $69K | +10% | 9,530 |
| Alabama | $66K | +5% | 7,430 |
| Illinois | $64K | +3% | 16,360 |
| Hawaii | $64K | +3% | 1,070 |
| Maine | $63K | +1% | 2,240 |
| Montana | $62K | -0% | 2,090 |
| Michigan | $62K | -1% | 12,160 |
| Georgia | $62K | -1% | 18,030 |
| Oregon | $62K | -1% | 5,370 |
| Nebraska | $62K | -1% | 6,160 |
| Arizona | $62K | -1% | 11,870 |
| Indiana | $61K | -1% | 10,440 |
| South Carolina | $61K | -1% | 8,220 |
| Ohio | $61K | -2% | 16,250 |
| Utah | $61K | -2% | 4,620 |
| Washington | $61K | -2% | 10,500 |
| Kentucky | $61K | -2% | 6,210 |
| Virginia | $61K | -3% | 9,480 |
| Kansas | $60K | -3% | 6,360 |
| Iowa | $60K | -3% | 6,840 |
| Florida | $60K | -4% | 47,560 |
| Missouri | $59K | -5% | 10,030 |
| North Carolina | $59K | -6% | 20,540 |
| Idaho | $59K | -6% | 3,200 |
| Maryland | $58K | -6% | 5,700 |
| Tennessee | $57K | -8% | 7,610 |
| Arkansas | $57K | -9% | 4,580 |
| Louisiana | $55K | -11% | 7,100 |
| Texas | $51K | -18% | 47,060 |
| Alaska | $51K | -19% | 540 |
| Nevada | $49K | -21% | 4,200 |
| Mississippi | $48K | -23% | 3,210 |
| Oklahoma | $48K | -23% | 5,310 |
| Delaware | $47K | -25% | 1,220 |
| West Virginia | $45K | -27% | 1,430 |
| New Mexico | $45K | -27% | 2,200 |
Showing 1–10 of 51 (all 50 states + DC)
Track insurance sales agents salary changes
BLS updates this data quarterly. We'll email you when Monroe numbers change.
Related careers in Sales
Frequently asked questions
Can a insurance sales agent afford a 2BR apartment alone in Monroe?
Yes — at the median salary of $78K, rent takes 26.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,326/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance sales agents in Monroe?
The 10th-percentile wage — what new insurance sales agents typically earn — is $37K/year. Take-home on that works out to about $2,195/month. At HUD’s $1,326/month FMR, rent would take 60% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is insurance sales agent a high-paying job in Monroe?
Local pay is 25% above the national median — $78K here vs. $62K nationally.
How does Monroe compare to the national average for insurance sales agents?
Monroe pays $78K median vs. the U.S. average of $62K — that’s +25%. After adjusting for local cost of living (RPP 93.49), the purchasing-power equivalent is $83K — still ahead of the national median.
How much do insurance sales agents make in Monroe, MI?
The median is $77,560 a year, that works out to about $37 an hour. But the range is wide: entry-level workers start around $36,580, and experienced insurance sales agents can clear $175,200. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $78K enough to live in Monroe?
On that salary, you'd take home roughly $4,971/month after taxes. A 2-bedroom here rents for about $1,326/month, which eats 26.7% 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 Monroe?
Monroe has a Regional Price Parity of 93.49 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median insurance sales agents salary is worth about $82,961 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.