How much does a Insurance Agent make in Minnesota?
Last updated: 2024 data from the Bureau of Labor Statistics
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Source: O*NET OnLine, U.S. Department of Labor
Salaries for Insurance Agent in Minnesota range from $47,810 at the 10th percentile (entry level) to $157,130 at the 90th percentile (experienced). The middle 50% earn between $53,940 and $101,320.
| Percentile | Annual Salary | Hourly Rate | Monthly |
|---|---|---|---|
| 10th Percentile (Entry Level) | $47,810 | $22.99 | $3,984 |
| 25th Percentile | $53,940 | $25.93 | $4,495 |
| Median (50th) | $78,650 | $37.81 | $6,554 |
| 75th Percentile | $101,320 | $48.71 | $8,443 |
| 90th Percentile (Experienced) | $157,130 | $75.54 | $13,094 |
Note: The mean (average) salary of $98,220 differs from the median because salary distributions are typically skewed by high earners.
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Compare Insurance Agent pay across states — sorted by highest median salary.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
Our Methodology · Data Sources · Source: BLS OEWS