Insurance Agent Salary In Maryland
Average Insurance Agent Salary In Maryland
$54,511yearly
How much does an Insurance Agent make in Maryland?
The average insurance agent in Maryland makes $54,511 annually. The average hourly rate for an insurance agent is $26.21/hr. This compares to the national average insurance agent salary of $51,936. Below, we break down the average insurance agent salary in Maryland by the highest paying companies and industries. You can also compare different types of insurance agent salaries in and around Maryland and a salary history chart that shows how the average salary for insurance agents has changed over time in Maryland.
Highest Paying Companies For Insurance Agents In Maryland
This chart shows how insurance agent salaries compare at nearby companies. To view companies in a different region, use the location filter below to select a city or state.
Highest Paying Companies For Insurance Agents In Maryland
| Rank | Company | Average Salary | Hourly Rate | Job Opening |
|---|---|---|---|---|
| 1 | Z Capital Group | $128,500 | $62 | - |
| 2 | Golden Rule Insurance Company | $100,292 | $48 | - |
| 3 | Cognizant | $92,132 | $44 | - |
| 4 | InfosysPublicService | $88,479 | $43 | - |
| 5 | Aflac | $78,524 | $38 | - |
| 6 | Globe Life | $75,211 | $36 | 2 |
| 7 | Combined Insurance | $73,835 | $36 | - |
| 8 | New York Life Insurance | $67,507 | $32 | 4 |
| 9 | Family First Life | $66,221 | $32 | - |
| 10 | Anthem | $61,233 | $29 | - |
| 11 | Integrated Resources | $58,783 | $28 | - |
| 12 | United Insurance Company of America | $58,763 | $28 | - |
| 13 | PMA USA | $58,574 | $28 | - |
| 14 | Richmond American Homes | $58,341 | $28 | 4 |
| 15 | MassMutual | $58,129 | $28 | - |
| 16 | Symmetry Financial Group | $57,561 | $28 | 1 |
| 17 | PEAK6 | $56,820 | $27 | 4 |
| 18 | Liberty Mutual Insurance | $55,762 | $27 | 192 |
| 19 | Mcgriff, Seibels & Williams | $55,451 | $27 | - |
| 20 | HealthMarkets | $55,383 | $27 | 1,363 |
Highest Paying Cities In Maryland For Insurance Agents
Location can have a major impact on how much insurance agents get paid. This chart shows how insurance agent salaries can vary depending on where they're located in Maryland.
| Rank | Location | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Salisbury, MD | $55,384 | $27 |
| 2 | Annapolis, MD | $54,622 | $26 |
| 3 | Edgewood, MD | $54,586 | $26 |
| 4 | Severna Park, MD | $54,544 | $26 |
| 5 | Middle River, MD | $54,542 | $26 |
| 6 | Bel Air South, MD | $54,535 | $26 |
| 7 | Dundalk, MD | $54,528 | $26 |
| 8 | Essex, MD | $54,525 | $26 |
| 9 | Crofton, MD | $54,494 | $26 |
| 10 | Perry Hall, MD | $54,486 | $26 |
| 11 | Glen Burnie, MD | $54,484 | $26 |
| 12 | Bel Air North, MD | $54,484 | $26 |
| 13 | Bowie, MD | $54,472 | $26 |
| 14 | Odenton, MD | $54,471 | $26 |
| 15 | Carney, MD | $54,465 | $26 |
| 16 | Parkville, MD | $54,462 | $26 |
| 17 | Baltimore, MD | $54,446 | $26 |
| 18 | Severn, MD | $54,446 | $26 |
| 19 | Waldorf, MD | $54,434 | $26 |
| 20 | Towson, MD | $54,416 | $26 |
Average Insurance Agent Pay By Industry In Maryland
The salary for an insurance agent can vary depending on what industry the job is in. Here is a breakdown of the average pay across different industries that insurance agents work in.
Highest Paying Industries in Maryland
| Rank | Industry | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Finance | $49,448 | $24 |
| 2 | Insurance | $49,143 | $24 |
| 3 | Professional | $38,757 | $19 |
Average Insurance Agent Salary Over Time In Maryland
Compare the average insurance agent salary history for individual cities or states with the national average.
Average Insurance Agent Salary In Maryland By Year
| Year | Average Insurance Agent Salary In Maryland | Average Insurance Agent Salary In The US |
|---|---|---|
| 2023 | $54,400 | $51,900 |
| 2022 | $53,400 | $50,700 |
| 2021 | $53,600 | $50,400 |
| 2020 | $54,200 | $49,500 |
| 2019 | $57,600 | $49,800 |
Real Insurance Agent Salaries Around Maryland
| Company | Job | Location | Date Added | Salary |
|---|---|---|---|---|
| Jerry | Remote Insurance Agent | Baltimore, MD | 11/28/2022 | $40,000 |
| Progressive | Insurance Agent | Maryland | 11/27/2022 | $43,827 |
| Progressive | Insurance Agent | Maryland | 11/13/2022 | $43,827 |
| Liberty Mutual Insurance | Insurance Agent (Base + Uncapped Commissions, 5K Licensed Bonus) | Frederick, MD | 11/11/2022 | $65,000 |
| Liberty Mutual Insurance | Insurance Agent (Base + Uncapped Commissions, 5K Licensed Bonus) | Frederick, MD | 11/11/2022 | $65,000 |
| Woods Financial | Remote Insurance Agent | Baltimore, MD | 10/28/2022 | $100,000 |
| Progressive | Insurance Agent | Maryland | 10/23/2022 | $43,827 |
| Liberty Mutual Insurance | Insurance Agent (Base + Uncapped Commissions, 5K Licensed Bonus) | Towson, MD | 10/19/2022 | $65,000 |
| Bankers Life & Casualty Company | Insurance Agent-Hybrid Remote | Baltimore, MD | 10/19/2022 | $41,000 |
| Progressive | Insurance Agent | Maryland | 09/11/2022 | $43,827 |
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Insurance Agent Salaries In Maryland FAQs
What Is The Salary Range For An Insurance Agent In Maryland?
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What Is A Good Salary In Maryland?
What Is A Good Salary For An Insurance Agent In Maryland?
What Is An Insurance Agent's Salary In Maryland?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $97,000 | $8,083 | $47 |
| 80th Percentile | $88,625 | $7,385 | $43 |
| 70th Percentile | $80,250 | $6,687 | $39 |
| 60th Percentile | $71,875 | $5,989 | $35 |
| Average | $63,500 | $5,291 | $31 |
| 40th Percentile | $55,125 | $4,593 | $27 |
| 30th Percentile | $46,750 | $3,895 | $22 |
| 20th Percentile | $38,375 | $3,197 | $18 |
| 10th Percentile | $30,000 | $2,500 | $14 |