Insurance Sales Agents vs Real Estate Brokers: Salary Comparison

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2024).

National Salary Overview

Insurance Sales Agents

Median Salary
$57,817
Average (Mean)
$75,582
Employed Nationwide
454,580
VS

Real Estate Brokers

Median Salary
$69,921
Average (Mean)
$84,336
Employed Nationwide
25,290
Real Estate Brokers earns $12,103 more (20.9%)

Key Metrics Compared

Median Salary $57,817 $69,921
Average (Mean) Salary $75,582 $84,336
Total Employment 454,580 25,290
States with Higher Pay 8 28

Salary by State: Insurance Sales Agents vs Real Estate Brokers

Showing 36 states where both occupations have BLS data. Insurance Sales Agents pays more in 8 states; Real Estate Brokers pays more in 28.

State Insurance Sales Agents Real Estate Brokers Difference
Alabama $60,790
$68,530
$-7,740
Alaska $49,970
$64,250
$-14,280
Arizona $58,900
$55,240
+$3,660
Arkansas $48,060
$31,090
+$16,970
California $63,400
$75,430
$-12,030
Connecticut $73,410
$123,890
$-50,480
Delaware $57,790
$61,600
$-3,810
Florida $56,360
$63,370
$-7,010
Indiana $59,810
$72,440
$-12,630
Iowa $56,950
$60,150
$-3,200
Kansas $59,720
$44,990
+$14,730
Kentucky $51,100
$77,010
$-25,910
Louisiana $46,910
$50,830
$-3,920
Maine $62,030
$49,530
+$12,500
Massachusetts $77,320
$126,970
$-49,650
Michigan $58,880
$57,040
+$1,840
Minnesota $76,940
$62,340
+$14,600
Mississippi $47,140
$43,270
+$3,870
Montana $52,730
$70,310
$-17,580
Nevada $45,320
$61,450
$-16,130
New Jersey $77,970
$92,180
$-14,210
New Mexico $47,750
$59,990
$-12,240
New York $79,240
$82,640
$-3,400
North Carolina $57,160
$91,220
$-34,060
North Dakota $65,840
$68,930
$-3,090
Ohio $59,990
$68,320
$-8,330
Oklahoma $47,000
$40,000
+$7,000
Oregon $54,250
$62,360
$-8,110
Rhode Island $77,120
$159,130
$-82,010
Tennessee $47,930
$63,060
$-15,130
Utah $48,300
$60,110
$-11,810
Vermont $62,770
$81,080
$-18,310
Virginia $59,550
$60,760
$-1,210
Washington $60,450
$74,620
$-14,170
West Virginia $42,980
$48,570
$-5,590
Wisconsin $62,420
$74,320
$-11,900

Frequently Asked Questions

Who makes more: Insurance Sales Agents or Real Estate Brokers?
On average across all states, a Real Estate Brokers earns more than a Insurance Sales Agents. The national median salary difference is $12,103 (20.9%) based on 2024 BLS data.
In how many states does a Insurance Sales Agents earn more than a Real Estate Brokers?
A Insurance Sales Agents earns a higher median salary than a Real Estate Brokers in 8 out of 36 states where both occupations have BLS data. A Real Estate Brokers pays more in 28 states.
What is the median salary for a Insurance Sales Agents vs Real Estate Brokers?
The national median salary for a Insurance Sales Agents is $57,817 per year, compared to $69,921 for a Real Estate Brokers, according to 2024 BLS OEWS data.
Which has more jobs: Insurance Sales Agents or Real Estate Brokers?
There are more people employed as Insurance Sales Agents. BLS reports approximately 454,580 Insurance Sales Agents positions and 25,290 Real Estate Brokers positions nationwide (2024).
Should I become a Insurance Sales Agents or Real Estate Brokers?
Both Insurance Sales Agents and Real Estate Brokers are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.