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Insurance Sales Agents in Minnesota

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Insurance Sales Agents in Minnesota

Is Minnesota a good place for you to work as an Insurance Sales Agent?

9.0% Jobs Projection
$59,980 Median Salary
1,090 Job Openings

You’re in luck! Jobs for Insurance Sales Agents in Minnesota are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Insurance Sales Agents in Minnesota is growing faster than average.

  • Insurance Sales Agents in Minnesota earn higher salaries than the typical U.S. wage earner.

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.

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The typical state has 5,950 Insurance Sales Agents working in it, which means Minnesota has more Insurance Sales Agents than average.

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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%.

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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.

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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

More about our data sources and methodologies.

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