Insurance Agent Salary in Minneapolis, MN
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$61,714
Hourly Rate
$29.67
/hour
Jobs in Area
447
employed
Insurance Agent Salary Range in Minneapolis, MN
Annual Salary Range
$41k
10th percentile
$50k
25th
$75k
75th
$89k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $40,989 | $19.71 |
| 25th Percentile | $50,013 | $24.04 |
| Median (50th Percentile) | $61,714 | $29.67 |
| 75th Percentile | $75,112 | $36.11 |
| 90th Percentile (Top Earners) | $88,958 | $42.77 |
| Average (Mean) | $67,870 | $32.63 |
Frequently Asked Questions
The average Insurance Agent salary in Minneapolis, MN is $61,714 per year or $29.67 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 Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area.
Last updated: 1/23/2026
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How Minneapolis, MN Compares
vs National Average
$59,080
vs Minnesota Average
$54,593
Cost-of-Living Adjusted
$59,800
Cost of living in Minneapolis, MN is 3.2% above the national average.
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