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Insurance Sales Agents Salary in New York-Newark-Jersey City, NY-NJ

Insurance Sales Agents in New York-Newark-Jersey City, NY-NJ make a median of $78,130 a year, or about $37.56 an hour. The range runs from $45K at the entry level to $209K for experienced workers. Prices run high here (RPP 112.56), so that salary is closer to $69,412 in real purchasing power. A 2-bedroom apartment runs $2,910/month — about 57% of take-home, which is tight.

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

$78K
Median annual
$37.56/hr
Hourly rate
$45K
Entry level (10th %)
$209K
Senior level (90th %)

So what does $78K get you in New York-Newark-Jersey City?

Take-home$4,972/mo
2BR rent (FMR)-$2,910/mo
Rent burden58.5% (above 30%)
COL-adjusted salary$69,412/yr
After rent$2,062/mo
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About insurance sales agents

U.S. employed: 19,570
Category: Sales
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Compensation breakdown

Annual earnings by percentile, New York-Newark-Jersey City, NY-NJ

Bar chart showing Insurance Sales Agents salary percentiles in New York-Newark-Jersey City, NY-NJ: 10th percentile $45,450, 25th percentile $59,580, median $78,130, 75th percentile $125,840, 90th percentile $208,970. Source: Bureau of Labor Statistics.10th$45K25th$60KMedian$78K75th$126K90th$209K
Bar chart showing Insurance Sales Agents salary percentiles in New York-Newark-Jersey City, NY-NJ: 10th percentile $45,450, 25th percentile $59,580, median $78,130, 75th percentile $125,840, 90th percentile $208,970. Source: Bureau of Labor Statistics.

Entry-level insurance sales agents (10th percentile) start around $45K. Mid-career wages sit at $78K.Top earners bring in $209K or more - a $164K 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 New York-Newark-Jersey City numbers change.

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Frequently asked questions

How much do insurance sales agents make in New York-Newark-Jersey City, NY-NJ?

The median is $78,130 a year - that works out to about $37.56 an hour. The range is wide: entry-level workers start around $45,450, and experienced insurance sales agents can clear $208,970. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $78K enough to live in New York-Newark-Jersey City?

On that salary, you'd take home roughly $4,972/month after taxes. A 2-bedroom here rents for about $2,910/month (HUD Fair Market Rent), which eats 58.5% 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 New York-Newark-Jersey City?

New York-Newark-Jersey City has a Regional Price Parity of 112.56 (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 $69,412 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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