Insurance Sales Agents
Wages & Outlook
Typical Wages
Wages listed below are for a variety of experience and education levels. Make sure that you research the typical entry-level education and work experience and training requirements for this occupation.
This career pays above the statewide median wage.
Wages for Insurance Sales Agents *
U S |
$19.13 | $24.96 | $39.48 |
|---|---|---|---|
Minnesota |
$23.99 | $31.08 | $49.01 |
Central Minnesota |
$22.44 | $24.45 | $38.53 |
Northeast Minnesota |
$21.94 | $28.32 | $38.54 |
Northwest Minnesota |
$18.76 | $24.31 | $37.41 |
Southeast Minnesota |
$23.86 | $30.18 | $49.00 |
Southwest Minnesota |
$18.87 | $23.91 | $30.99 |
Seven County Mpls-St Paul, MN |
$24.43 | $31.38 | $50.39 |
* "Low" indicates 25% of workers earn less and 75% earn more.
"Median" indicates 50% of workers earn less and 50% earn more.
"High" indicates 75% of workers earn less and 25% earn more.
Employment
In Minnesota, there are 8,520 workers employed in this medium-sized career.
Where do Insurance Sales Agents most often work?
- Insurance Carriers and Related Activities
- Professional, Scientific, and Technical Services
- Credit Intermediation and Related Activities
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- Management of Companies and Enterprises
Current Demand
No data available.
Future Demand
This career is seeing low growth compared to other careers.
There will be a need for about 10,877 new Insurance Sales Agents to meet market demand between 2020-2030. This includes the demand due to replacement (workers leaving the occupation or retiring) as well as growth.
| U S | 507,200 | 542,700 | 35,500 | 7% |
|---|---|---|---|---|
| Minnesota | 11,688 | 11,996 | 308 | 2.6% |
| Central Minnesota | 813 | 800 | -13 | -1.6% |
| Northeast Minnesota | 509 | 516 | 7 | 1.4% |
| Northwest Minnesota | 879 | 885 | 6 | 0.7% |
| Southeast Minnesota | 638 | 638 | 0 | 0% |
| Southwest Minnesota | 804 | 831 | 27 | 3.4% |
| Seven County Mpls-St Paul, MN | 8,040 | 8,286 | 246 | 3.1% |
Source: You can learn about our data sources in the About Us section.