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Licensed agent salary
Average licensed agent salary
$42,315
Understanding Licensed Agent Salaries
As of October 2025, the average salary for licensed agents stands at approximately $42,315 per year or $20 per hour. This figure can vary significantly based on several factors, including geographic location, years of experience, and the specific industry in which the agent works. For instance, licensed agents in insurance often earn higher salaries compared to those in real estate.
Factors such as the state of employment also play a crucial role in salary variations. States like California and New York typically offer higher compensation due to their cost of living. Moreover, urban areas often present more opportunities and higher pay scales than rural settings.
Experience is another critical determinant of salary. Entry-level licensed agents may start at lower salaries, while those with several years in the field can command significantly higher wages. For example, seasoned professionals may earn upwards of $60,000 annually, especially if they specialize in high-demand areas like financial services or insurance.
To maximize earning potential, aspiring licensed agents should focus on building their professional networks and seeking additional certifications that enhance their marketability.
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Where can a Licensed Agent earn more?
Licensed agent salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level licensed agent | $25,400 | $12.19 |
| Mid-level licensed agent | $43,400 | $20.86 |
| Senior-level licensed agent | $49,400 | $23.76 |
Average licensed agent salary by state
The highest-paying states for licensed agents are Alaska, Washington, and New Hampshire. The lowest average licensed agent salary states are Utah, New Mexico, and Oklahoma.
- State view
- County view
Highest paying states for licensed agents
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $57,941 | $27.86 |
| 2 | North Dakota | $51,603 | $24.81 |
| 3 | Rhode Island | $51,230 | $24.63 |
| 4 | Alaska | $67,002 | $32.21 |
| 5 | Wisconsin | $52,008 | $25.00 |
| 6 | Oregon | $51,186 | $24.61 |
| 7 | New Hampshire | $56,123 | $26.98 |
| 8 | Montana | $49,125 | $23.62 |
| 9 | Wyoming | $46,952 | $22.57 |
| 10 | South Dakota | $51,937 | $24.97 |
| 11 | Nebraska | $44,847 | $21.56 |
| 12 | Alabama | $50,065 | $24.07 |
| 13 | Arizona | $44,460 | $21.38 |
| 14 | Massachusetts | $53,210 | $25.58 |
| 15 | Vermont | $47,619 | $22.89 |
| 16 | Texas | $42,974 | $20.66 |
| 17 | Maine | $49,347 | $23.72 |
| 18 | California | $47,791 | $22.98 |
| 19 | Iowa | $39,939 | $19.20 |
| 20 | Idaho | $41,701 | $20.05 |
| 21 | Delaware | $41,326 | $19.87 |
| 22 | New York | $48,144 | $23.15 |
| 23 | New Jersey | $43,887 | $21.10 |
| 24 | Minnesota | $45,201 | $21.73 |
| 25 | South Carolina | $39,390 | $18.94 |
| 26 | Connecticut | $45,022 | $21.65 |
| 27 | North Carolina | $40,615 | $19.53 |
| 28 | District of Columbia | $48,566 | $23.35 |
| 29 | Kansas | $38,313 | $18.42 |
| 30 | Colorado | $40,471 | $19.46 |
| 31 | Arkansas | $39,951 | $19.21 |
| 32 | Mississippi | $41,216 | $19.82 |
| 33 | Louisiana | $40,189 | $19.32 |
| 34 | Indiana | $40,694 | $19.56 |
| 35 | Missouri | $38,071 | $18.30 |
| 36 | Nevada | $38,458 | $18.49 |
| 37 | Florida | $40,863 | $19.65 |
| 38 | Tennessee | $39,151 | $18.82 |
| 39 | Hawaii | $43,264 | $20.80 |
| 40 | Kentucky | $37,794 | $18.17 |
| 41 | Illinois | $38,220 | $18.38 |
| 42 | Ohio | $36,908 | $17.74 |
| 43 | Utah | $36,660 | $17.63 |
| 44 | Pennsylvania | $37,129 | $17.85 |
| 45 | Michigan | $33,772 | $16.24 |
| 46 | New Mexico | $36,444 | $17.52 |
| 47 | Oklahoma | $36,212 | $17.41 |
| 48 | Maryland | $38,413 | $18.47 |
| 49 | Georgia | $36,903 | $17.74 |
| 50 | West Virginia | $33,536 | $16.12 |
| 51 | Virginia | $30,263 | $14.55 |
Highest paying cities for licensed agents
The highest-paying cities for licensed agents are Kirkland, WA, Chelmsford, MA, and Irvine, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Kirkland, WA | $58,322 | $28.04 |
| 2 | Chelmsford, MA | $53,112 | $25.53 |
| 3 | Irvine, CA | $47,852 | $23.01 |
| 4 | El Paso, TX | $45,352 | $21.80 |
| 5 | Tempe, AZ | $44,447 | $21.37 |
| 6 | Coral Gables, FL | $41,312 | $19.86 |
| 7 | Raleigh, NC | $40,780 | $19.61 |
| 8 | Denver, CO | $40,434 | $19.44 |
| 9 | New Orleans, LA | $40,256 | $19.35 |
| 10 | Little Rock, AR | $39,975 | $19.22 |
| 11 | Memphis, TN | $39,349 | $18.92 |
| 12 | Las Vegas, NV | $38,466 | $18.49 |
| 13 | Elk Grove Village, IL | $38,324 | $18.43 |
| 14 | Springfield, MO | $38,219 | $18.37 |
| 15 | Atlanta, GA | $36,861 | $17.72 |
| 16 | Salt Lake City, UT | $36,528 | $17.56 |
| 17 | Tulsa, OK | $36,085 | $17.35 |
| 18 | Lansing, MI | $33,734 | $16.22 |
| 19 | Richmond, VA | $30,130 | $14.49 |
Licensed agent salary details
A licensed agent's salary ranges from $28,000 a year at the 10th percentile to $62,000 at the 90th percentile.
What is a licensed agent's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $62,000 | $5,167 | $30 |
| 75th Percentile | $52,000 | $4,333 | $25 |
| Average | $42,315 | $3,526 | $20 |
| 25th Percentile | $34,000 | $2,833 | $16 |
| 10th Percentile | $28,000 | $2,333 | $13 |
Highest paying licensed agent jobs
The highest paying types of licensed agents are broker, insurance broker, and licensed insurance producer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Broker | $124,861 | $10,405 | $60.03 | 2,770 |
| Insurance Producer | $65,112 | $5,426 | $31.30 | 44,922 |
| Insurance Broker | $94,006 | $7,834 | $45.20 | 38,403 |
| Insurance Representative | $35,958 | $2,996 | $17.29 | 87,843 |
| Insurance Sales Representative | $61,386 | $5,115 | $29.51 | 201,879 |
| Health Insurance Agent | $49,934 | $4,161 | $24.01 | 112,235 |
Which companies pay licensed agents the most?
Licensed agent salaries at HPOne and Brightway Insurance are the highest-paying according to our most recent salary estimates. In addition, the average licensed agent salary at companies like ISU Insurance Services of Colorado and Ben Kinney Companies are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | HPOne | $54,271 | $26.09 |
| 2 | Brightway Insurance | $52,216 | $25.10 |
| 3 | ISU Insurance Services of Colorado | $46,060 | $22.14 |
| 4 | Ben Kinney Companies | $46,008 | $22.12 |
| 5 | Bright Health | $44,685 | $21.48 |
| 6 | Convey Health Solutions | $43,043 | $20.69 |
| 7 | AAA Northeast | $42,823 | $20.59 |
| 8 | Randstad North America, Inc. | $41,373 | $19.89 |
| 9 | World Class Automotive Group LP | $40,945 | $19.69 |
| 10 | Robert Half | $40,941 | $19.68 |
| 11 | The Place Family Restaurant | $39,084 | $18.79 |
| 12 | Globe Life | $38,272 | $18.40 |
| 13 | Psg | $37,050 | $17.81 |
| 14 | Alliance Co | $36,853 | $17.72 |
| 15 | Progressive | $36,841 | $17.71 |
| 16 | ManpowerGroup | $36,110 | $17.36 |
| 17 | Aerotek | $35,279 | $16.96 |
| 18 | Alorica | $35,000 | $16.83 |
| 19 | TTEC | $34,746 | $16.70 |
| 20 | PeopleShare | $34,343 | $16.51 |
Wage gap by gender, race and education
Licensed Agent salary by industry
The average licensed agent salary varies across industries:
- The average licensed agent salary in the insurance industry is $45,577, the highest of any industry.
- The average licensed agent salary in the finance industry is $45,015.
- Licensed agents in the professional industry earn an average salary of $36,090, the lowest of any industry.
Highest paying industries for licensed agents
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Insurance | $45,577 | $21.91 |
| 2 | Automotive | $45,015 | $21.64 |
| 3 | Real Estate | $45,015 | $21.64 |
| 4 | Finance | $43,186 | $20.76 |
| 5 | Health Care | $42,781 | $20.57 |
| 6 | Manufacturing | $37,533 | $18.04 |
| 7 | Professional | $36,090 | $17.35 |
High paying licensed agent jobs
Licensed agent salary trends
The average licensed agent salary has risen by $3,836 over the last ten years. In 2014, the average licensed agent earned $38,479 annually, but today, they earn $42,315 a year. That works out to a 4% change in pay for licensed agents over the last decade.
Compare licensed agent salaries for cities or states with the national average over time.
Average licensed agent salary over time
Compare licensed agent salaries for individual cities or states with the national average.
Licensed agent salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $42,300 | $20.34 | +2.4% |
| 2025 | $41,300 | $19.86 | +0.7% |
| 2024 | $41,000 | $19.73 | +1.8% |
| 2023 | $40,300 | $19.38 | -0.6% |
| 2022 | $40,500 | $19.49 | +3.6% |
Recently added licensed agent salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Chewy, Inc. | Healthcare Agent Licensed Trainee (WFH) | Dallas, TX | 06/29/2025 | $43,827 |
| Leisure Co | Licensed CMP Agent | National Harbor, MD | 06/29/2025 | $41,740 |
| Work at Home Job Source | at-Home Licensed Health Agent | Los Angeles, CA | 06/29/2025 | $25,044 |
| Integrity Marketing Group | Elevance-Licensed Healthcare Agent | Sandy, UT | 06/20/2025 | $41,740 |
| Travel + Leisure Co | Title: Licensed CMP Agent | National Harbor, MD | 06/13/2025 | $41,740 |
| JFF | Licensed Property and Casualty Agents | Portland, OR | 06/10/2025 | $48,001 |
| Itel | Licensed Property & Casualty Agent | Miami, FL | 06/10/2025 | $12,522 |
| SP Plus Corporation | License Plate Inventory (LPI) Agent | Springfield, MO | 06/03/2025 | $29,218 |
| Exact Medicare | Licensed Medicare Agent | Fort Lauderdale, FL | 05/30/2025 | $50,000 |
| Alliant | Licensed Agent | North Charleston, SC | 05/29/2025 | $39,653 |
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