Insurance Sales Agents in Minnesota
Is Minnesota a good place for you to work as an Insurance Sales Agent?
You’re in luck! Jobs for Insurance Sales Agents in Minnesota are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Insurance Sales Agents in Minnesota is growing faster than average.
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Insurance Sales Agents in Minnesota earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Sales Agents Work in Minnesota?
In Minnesota, there were 7,120 people working as Insurance Sales Agents in the year 2018.
There were 6,670 Insurance Sales Agents employed in this state in 2017.
That’s growth of 450 jobs between 2017 and 2018.
The typical state has 5,950 Insurance Sales Agents working in it, which means Minnesota has more Insurance Sales Agents than average.
Job Projections for Minnesota
Jobs for Insurance Sales Agents in this state are growing at a rate of 9.0% which is slower than the nationwide estimated projection of 9.9%.
Minnesota Annual Job Openings
The BLS is projecting 1,090 annual Insurance Sales Agents job openings in Minnesota, and 11,000 total jobs in the year 2026.
Nationwide, the prediction is 54,700 annual jobs and 551,200 total jobs in 2026.
What do Insurance Sales Agents Make in Minnesota?
In 2018 wages for Insurance Sales Agents ranged from $33,440 to $131,410 with $59,980 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $16.08 to $63.18. The median hourly rate was $28.84.
Workers in this field were paid a median of $29.83 an hour in 2017.
The hourly rate declined by $0.99.
The median salary in Minnesota is higher than the nationwide median salary.
Top Minnesota Metros for Insurance Sales Agents
The table below shows some of the metros in this state with the most Insurance Sales Agents.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 5,010 | $62,160 |
| Fargo, ND-MN | 520 | $60,030 |
| Duluth, MN-WI | 260 | $48,150 |
| St. Cloud, MN | 220 | n/a |
| La Crosse-Onalaska, WI-MN | 210 | $59,210 |
| Rochester, MN | 190 | $61,240 |
| Mankato-North Mankato, MN | 100 | $58,280 |
| Grand Forks, ND-MN | 80 | $55,650 |
Top States for Insurance Sales Agents Employment
View the list below to see where most Insurance Sales Agents work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 41,010 | $55,440 |
| Florida | 35,260 | $48,970 |
| Texas | 31,890 | $45,010 |
| New York | 21,230 | $60,700 |
| Ohio | 15,770 | $47,710 |
| Illinois | 15,520 | $52,420 |
| Pennsylvania | 14,270 | $59,300 |
| Georgia | 11,990 | $42,750 |
| North Carolina | 11,210 | $49,440 |
| Michigan | 11,130 | $50,640 |
| New Jersey | 10,350 | $58,530 |
| Virginia | 10,170 | $46,010 |
| Indiana | 9,450 | $51,140 |
| Missouri | 9,340 | $45,990 |
| Colorado | 9,210 | $51,080 |
| Wisconsin | 8,710 | $63,590 |
| Washington | 7,700 | $51,740 |
| Arizona | 7,570 | $42,700 |
| Tennessee | 7,180 | $43,710 |
| Minnesota | 7,120 | $59,980 |
Below are the states where Insurance Sales Agents get paid the most:
| State | Annual Median Salary |
|---|---|
| Massachusetts | $70,660 |
| Wisconsin | $63,590 |
| Connecticut | $61,580 |
| New York | $60,700 |
| Rhode Island | $60,290 |
| Minnesota | $59,980 |
| Pennsylvania | $59,300 |
| New Jersey | $58,530 |
| Nebraska | $58,240 |
| New Hampshire | $57,640 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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