Insurance Agent Salary In Michigan
Average Insurance Agent Salary In Michigan
$43,085yearly
How much does an Insurance Agent make in Michigan?
The average insurance agent in Michigan makes $43,085 annually. The average hourly rate for an insurance agent is $20.71/hr. This compares to the national average insurance agent salary of $51,936. Below, we break down the average insurance agent salary in Michigan by the highest paying companies and industries. You can also compare different types of insurance agent salaries in and around Michigan and a salary history chart that shows how the average salary for insurance agents has changed over time in Michigan.
Highest Paying Companies For Insurance Agents In Michigan
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 Michigan
| Rank | Company | Average Salary | Hourly Rate | Job Opening |
|---|---|---|---|---|
| 1 | Z Capital Group | $128,500 | $62 | 12 |
| 2 | Golden Rule Insurance Company | $100,292 | $48 | - |
| 3 | Cognizant | $92,132 | $44 | - |
| 4 | InfosysPublicService | $88,479 | $43 | - |
| 5 | Aflac | $78,524 | $38 | 7 |
| 6 | Globe Life | $75,211 | $36 | 1 |
| 7 | Combined Insurance | $73,835 | $36 | 2 |
| 8 | New York Life Insurance | $67,507 | $32 | 30 |
| 9 | Family First Life | $66,221 | $32 | 150 |
| 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 | 1 |
| 16 | Symmetry Financial Group | $57,561 | $28 | 54 |
| 17 | PEAK6 | $56,820 | $27 | 6 |
| 18 | Liberty Mutual Insurance | $55,762 | $27 | 400 |
| 19 | Mcgriff, Seibels & Williams | $55,451 | $27 | - |
| 20 | HealthMarkets | $55,383 | $27 | 1,916 |
Highest Paying Cities In Michigan 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 Michigan.
| Rank | Location | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Brownstown, MI | $45,325 | $22 |
| 2 | Saint Clair Shores, MI | $45,308 | $22 |
| 3 | Southgate, MI | $45,308 | $22 |
| 4 | Lincoln Park, MI | $45,302 | $22 |
| 5 | Eastpointe, MI | $45,302 | $22 |
| 6 | Allen Park, MI | $45,286 | $22 |
| 7 | Roseville, MI | $45,285 | $22 |
| 8 | Detroit, MI | $45,280 | $22 |
| 9 | Taylor, MI | $45,274 | $22 |
| 10 | Dearborn, MI | $45,266 | $22 |
| 11 | Warren, MI | $45,264 | $22 |
| 12 | Dearborn Heights, MI | $45,259 | $22 |
| 13 | Clinton, MI | $45,251 | $22 |
| 14 | Chesterfield, MI | $45,236 | $22 |
| 15 | Madison Heights, MI | $45,225 | $22 |
| 16 | Royal Oak, MI | $45,218 | $22 |
| 17 | Bedford, MI | $45,217 | $22 |
| 18 | Sterling Heights, MI | $45,215 | $22 |
| 19 | Oak Park, MI | $45,215 | $22 |
| 20 | Garden City, MI | $45,211 | $22 |
Average Insurance Agent Pay By Industry In Michigan
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 Michigan
| 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 Michigan
Compare the average insurance agent salary history for individual cities or states with the national average.
Average Insurance Agent Salary In Michigan By Year
| Year | Average Insurance Agent Salary In Michigan | Average Insurance Agent Salary In The US |
|---|---|---|
| 2023 | $45,000 | $51,900 |
| 2022 | $45,200 | $50,700 |
| 2021 | $44,200 | $50,400 |
| 2020 | $43,900 | $49,500 |
| 2019 | $42,400 | $49,800 |
Real Insurance Agent Salaries Around Michigan
| Company | Job | Location | Date Added | Salary |
|---|---|---|---|---|
| New York Life-Lansing/Ann Arbor | Insurance Agent | Lansing, MI | 11/29/2022 | $48,000 |
| Jerry | Remote Insurance Agent | Detroit, MI | 11/28/2022 | $40,000 |
| Progressive | Insurance Agent | Bowne, MI | 11/27/2022 | $43,827 |
| Symmetry Financial Group | Virtual Insurance Agent | Lansing, MI | 11/25/2022 | $78,263 |
| Allied Insurance Managers Inc. | Insurance Agent | Rochester Hills, MI | 11/22/2022 | $45,000 |
| Liberty Mutual Insurance | Insurance Agent (Base + Uncapped Commissions, 5K Licensed Bonus) | Grand Rapids, MI | 11/21/2022 | $65,000 |
| Aston Carter | WFH Office Insurance Agent | Troy, MI | 11/15/2022 | $35,479 |
| Progressive | Insurance Agent | Bowne, MI | 11/13/2022 | $43,827 |
| Symmetry Financial Group | Virtual Insurance Agent | Lansing, MI | 11/10/2022 | $78,263 |
| Liberty Mutual Insurance | Insurance Agent (Base + Uncapped Commissions, 5K Licensed Bonus) | Grand Rapids, MI | 11/09/2022 | $65,000 |
Insurance Agent Salaries In Michigan FAQs
What Is The Salary Range For An Insurance Agent In Michigan?
What Is A Liveable Salary In Michigan?
What Is A Good Salary In Michigan?
What Is A Good Salary For An Insurance Agent In Michigan?
What Is An Insurance Agent's Salary In Michigan?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $73,000 | $6,083 | $35 |
| 80th Percentile | $67,000 | $5,583 | $32 |
| 70th Percentile | $61,000 | $5,083 | $29 |
| 60th Percentile | $55,000 | $4,583 | $26 |
| Average | $49,000 | $4,083 | $24 |
| 40th Percentile | $43,000 | $3,583 | $21 |
| 30th Percentile | $37,000 | $3,083 | $18 |
| 20th Percentile | $31,000 | $2,583 | $15 |
| 10th Percentile | $25,000 | $2,083 | $12 |