Insurance Agent Salary in Memphis, TN
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$50,770
Hourly Rate
$24.41
/hour
Jobs in Area
516
employed
Insurance Agent Salary Range in Memphis, TN
Annual Salary Range
$32k
10th percentile
$43k
25th
$60k
75th
$73k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $32,499 | $15.62 |
| 25th Percentile | $42,509 | $20.44 |
| Median (50th Percentile) | $50,770 | $24.41 |
| 75th Percentile | $59,919 | $28.81 |
| 90th Percentile (Top Earners) | $72,548 | $34.88 |
| Average (Mean) | $53,940 | $25.93 |
Frequently Asked Questions
The average Insurance Agent salary in Memphis, TN is $50,770 per year or $24.41 per hour as of 2024. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024. The geographic area covered is the Memphis Metropolitan Statistical Area.
Last updated: 1/23/2026
Salary Calculator
Enter your salary to see how it compares to other Insurance Agents in Memphis, TN.
How Memphis, TN Compares
vs National Average
$59,080
vs Tennessee Average
$62,527
Cost-of-Living Adjusted
$57,825
Cost of living in Memphis, TN is 12.2% below the national average.
Insurance Agent Salaries in Other Cities
Other Salaries in Memphis, TN
Similar Sales Jobs
Explore More
Insurance Agent Jobs in Memphis, TN
Find open positions and apply today.
View Jobs on IndeedAffiliate link
Stay Updated on Salary Trends
Get weekly insights on Insurance Agent salaries and career tips delivered to your inbox.
No spam, unsubscribe anytime. We respect your privacy.