Insurance Sales Agents Salary

It’s a stretch — at the median salary of $61K, rent takes 33.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,350/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.

The 10th-percentile wage — what new insurance sales agents typically earn — is $35K/year. Take-home on that works out to about $2,116/month. At HUD’s $1,350/month FMR, rent would take 64% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Pay here is roughly in line with the national average — $61K locally vs. $62K nationally, a 2% difference.

Utah pays $61K median vs. the U.S. average of $62K — that’s -2%. After adjusting for local cost of living (RPP 98.54), the purchasing-power equivalent is $62K — below the national median.

The median is $61,230 a year, that works out to about $29 an hour. But the range is wide: entry-level workers start around $35,270, and experienced insurance sales agents can clear $132,090. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $4,033/month after taxes. A 2-bedroom here rents for about $1,350/month, which eats 33.5% 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.

Utah has a Regional Price Parity of 98.54 (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 $62,137 in national-average purchasing power.

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.