Insurance Sales Agents Salary
Insurance Sales Agents in Panama City-Panama City Beach, FL make a median of $60,310 a year, or about $28.99 an hour. The range runs from $37K at the entry level to $275K for experienced workers. Note: the mean (average) wage is $94K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Adjusted for local prices (RPP 97.3), that's roughly $61,984 in purchasing power. Rent on a 2-bedroom averages $1,017/month, or 24.3% of estimated take-home pay.
So what does $60K get you in Panama City-Panama City Beach?
Groceries, utilities, transportation, and healthcare scaled from national averages by Panama City-Panama City Beach’s Regional Price Parity (97.3). 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
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What this looks like in Panama City-Panama City Beach
Insurance sales agents pay in Panama City-Panama City Beach tracks closely to the national median, $60K locally vs. $62K nationwide, a 3% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,017/month, 24.2% of take-home, well inside the 30% guideline. Cost of living (RPP 97.3) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for insurance sales agents in metros near Panama City-Panama City Beach, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Miami-Fort Lauderdale-West Palm Beach | $60K | $53K |
| Tampa-St. Petersburg-Clearwater | $61K | $60K |
| Orlando-Kissimmee-Sanford | $50K | $50K |
| Jacksonville | $61K | $62K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Panama City-Panama City Beach, FL
Entry-level insurance sales agents (10th percentile) start around $37K. Mid-career wages sit at $60K. Top earners bring in $275K or more, a $238K 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
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Frequently asked questions
Can a insurance sales agent afford a 2BR apartment alone in Panama City-Panama City Beach?
Yes — at the median salary of $60K, rent takes 24.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,017/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance sales agents in Panama City-Panama City Beach?
The 10th-percentile wage — what new insurance sales agents typically earn — is $37K/year. Take-home on that works out to about $2,224/month. At HUD’s $1,017/month FMR, rent would take 46% 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 Panama City-Panama City Beach?
Pay here is roughly in line with the national average — $60K locally vs. $62K nationally, a 3% difference.
How does Panama City-Panama City Beach compare to the national average for insurance sales agents?
Panama City-Panama City Beach pays $60K median vs. the U.S. average of $62K — that’s -3%. After adjusting for local cost of living (RPP 97.3), the purchasing-power equivalent is $62K — below the national median.
How much do insurance sales agents make in Panama City-Panama City Beach, FL?
The median is $60,310 a year, that works out to about $29 an hour. But the range is wide: entry-level workers start around $37,070, and experienced insurance sales agents can clear $274,920. The mean (average) is $93,780, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $60K enough to live in Panama City-Panama City Beach?
On that salary, you'd take home roughly $4,208/month after taxes. A 2-bedroom here rents for about $1,017/month, which eats 24.2% 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 Panama City-Panama City Beach?
Panama City-Panama City Beach has a Regional Price Parity of 97.3 (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 $61,984 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.