Insurance Agents are one of the most common jobs in America. Additionally, a significant number of people work as insurance agents in every state in the union — it’s not like they are all just concentrated in California or the South.
Since insurance agents are such a prominent occupation, we at Zippia wanted to look at where insurance agents have it the best: where there are plenty of jobs to go around and people get paid what they deserve during every phase of their career.
To that end, we dove into the numbers from the BLS to figure out which states have the best opportunities for insurance agents.
After all the numbers had been crunched, we were left with this list of the best of best for America’s insurance agents:
So there you have it — Insurance Sales Agents is the best of the best when it comes to being an insurance agent.
How did Insurance Sales Agents end up here and does it really deserve this ranking? Read on to see how we completed our research on the best states for insurance agents and for more on the top ten states.
If youre interested, you can read more about the job scene here:
Here at Zippia, we talk to a lot of people of all different backgrounds looking for jobs. Our research has concluded that there are two common things people want in a job:
So in order to find out the best states for insurance agents in America we needed to figure out where the jobs are and how well insurance agents get paid. This led to the following criteria taken from the Bureau of Labor Statistics’s Occupational Employment Statistics for 2016:
To make all the salary numbers more apples to apples across states, we compared the salary data relative to the state’s cost of living.
Applying this standardization allows us to account for that fact that it costs more to live in certain in states. For example, the average salary for insurance agents in California is $78,670 and the average salary in Illinois is $65,720, but the Illinois salary actually goes further in paying for life’s essentials.
In order to develop and overall ranking, we ranked each state for each criteria from 1 to 50 where 1 was the best.
We then averaged all the rankings for a state into a Job Score with the state having the lowest overall Job Score earning the distinction of being the best state for insurance agents in America.
So without further ado, let’s get into just what made each state so great for insurance agents.
Total Jobs: 5,680
Average Annual Salary: $77,610
Average Entry Level Salary: $26,940
Average Experienced Salary: $162,830
Location Quotient: 1.08
Total Jobs: 30,060
Average Annual Salary: $70,190
Average Entry Level Salary: $33,100
Average Experienced Salary: $131,380
Location Quotient: 1.33
Total Jobs: 7,440
Average Annual Salary: $86,730
Average Entry Level Salary: $36,270
Average Experienced Salary: $189,480
Location Quotient: 0.96
Total Jobs: 8,180
Average Annual Salary: $73,840
Average Entry Level Salary: $27,490
Average Experienced Salary: $140,960
Location Quotient: 1.06
Total Jobs: 15,420
Average Annual Salary: $82,570
Average Entry Level Salary: $29,770
Average Experienced Salary: $178,700
Location Quotient: 0.98
Total Jobs: 3,910
Average Annual Salary: $68,410
Average Entry Level Salary: $31,100
Average Experienced Salary: $115,950
Location Quotient: 1.03
Total Jobs: 1,870
Average Annual Salary: $68,190
Average Entry Level Salary: $34,060
Average Experienced Salary: $114,840
Location Quotient: 1.63
Total Jobs: 12,280
Average Annual Salary: $67,780
Average Entry Level Salary: $25,260
Average Experienced Salary: $139,430
Location Quotient: 1.06
Total Jobs: 9,260
Average Annual Salary: $58,910
Average Entry Level Salary: $25,880
Average Experienced Salary: $109,110
Location Quotient: 1.13
Total Jobs: 8,810
Average Annual Salary: $63,280
Average Entry Level Salary: $24,530
Average Experienced Salary: $123,070
Location Quotient: 1.16
If you’re looking to start out your career as an insurance agent these are the states that should be at the top of your list. You’ll find high pay, available jobs, and chances for career advancement.
If you’re curious, here are the worst states to be an insurance agent in America:
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