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Licensed sales agent salary
Average licensed sales agent salary
$36,453
Understanding the Salary Landscape for Licensed Sales Agents
The average salary for a Licensed Sales Agent is approximately $36,453 annually. However, this figure can vary based on several factors, including geographic location, years of experience, and the specific industry. For instance, agents working in metropolitan areas typically earn more than those in rural settings.
In states like California and New York, salaries can be significantly higher, influenced by the higher cost of living and demand for qualified agents. Additionally, agents specializing in fields such as insurance or real estate often report higher earnings. According to recent data, agents in the highest-paying industries earn substantially above the national average.
To optimize your career trajectory as a Licensed Sales Agent, consider exploring opportunities in industries with the best compensation packages and seeking positions in high-demand areas. Understanding the factors that influence your salary can empower you to negotiate effectively and achieve your financial goals.
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Where can a Licensed Sales Agent earn more?
Average licensed sales agent salary by state
The highest-paying states for licensed sales agents are New York, Minnesota, and Kansas. The lowest average licensed sales agent salary states are Iowa, Idaho, and Wyoming.
- State view
- County view
Highest paying states for licensed sales agents
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $38,465 | $18.49 |
| 2 | Kansas | $40,554 | $19.50 |
| 3 | Minnesota | $47,060 | $22.63 |
| 4 | Delaware | $37,258 | $17.91 |
| 5 | Missouri | $36,109 | $17.36 |
| 6 | New York | $55,084 | $26.48 |
| 7 | Illinois | $37,789 | $18.17 |
| 8 | North Dakota | $35,487 | $17.06 |
| 9 | Nebraska | $33,971 | $16.33 |
| 10 | Texas | $35,114 | $16.88 |
| 11 | Kentucky | $34,868 | $16.76 |
| 12 | North Carolina | $34,643 | $16.66 |
| 13 | New Jersey | $35,922 | $17.27 |
| 14 | New Hampshire | $35,454 | $17.05 |
| 15 | Tennessee | $33,916 | $16.31 |
| 16 | Utah | $33,452 | $16.08 |
| 17 | Vermont | $33,573 | $16.14 |
| 18 | Massachusetts | $35,487 | $17.06 |
| 19 | Alaska | $36,599 | $17.60 |
| 20 | Colorado | $33,951 | $16.32 |
| 21 | Washington | $34,647 | $16.66 |
| 22 | Arkansas | $33,171 | $15.95 |
| 23 | South Dakota | $33,868 | $16.28 |
| 24 | California | $34,577 | $16.62 |
| 25 | Pennsylvania | $33,146 | $15.94 |
| 26 | Wisconsin | $31,557 | $15.17 |
| 27 | Arizona | $31,829 | $15.30 |
| 28 | Ohio | $32,077 | $15.42 |
| 29 | Connecticut | $34,859 | $16.76 |
| 30 | Florida | $33,605 | $16.16 |
| 31 | Michigan | $30,155 | $14.50 |
| 32 | Louisiana | $33,451 | $16.08 |
| 33 | Maine | $33,165 | $15.94 |
| 34 | Nevada | $31,346 | $15.07 |
| 35 | South Carolina | $30,957 | $14.88 |
| 36 | Indiana | $32,687 | $15.71 |
| 37 | Oklahoma | $32,675 | $15.71 |
| 38 | Montana | $30,260 | $14.55 |
| 39 | Oregon | $31,769 | $15.27 |
| 40 | Iowa | $29,814 | $14.33 |
| 41 | Wyoming | $29,330 | $14.10 |
| 42 | Hawaii | $33,300 | $16.01 |
| 43 | Georgia | $32,284 | $15.52 |
| 44 | New Mexico | $30,601 | $14.71 |
| 45 | Idaho | $29,741 | $14.30 |
| 46 | Virginia | $32,924 | $15.83 |
| 47 | Alabama | $29,186 | $14.03 |
| 48 | West Virginia | $28,997 | $13.94 |
| 49 | District of Columbia | $31,473 | $15.13 |
| 50 | Maryland | $31,383 | $15.09 |
| 51 | Mississippi | $29,315 | $14.09 |
Highest paying cities for licensed sales agents
The highest-paying cities for licensed sales agents are Minnetonka, MN, Wichita, KS, and Springfield, IL.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Minnetonka, MN | $47,102 | $22.65 |
| 2 | Wichita, KS | $40,721 | $19.58 |
| 3 | Springfield, IL | $37,469 | $18.01 |
| 4 | Newark, DE | $37,297 | $17.93 |
| 5 | Springfield, MO | $36,287 | $17.45 |
| 6 | San Antonio, TX | $35,700 | $17.16 |
| 7 | Fargo, ND | $35,446 | $17.04 |
| 8 | Bowling Green, KY | $34,908 | $16.78 |
| 9 | Raleigh, NC | $34,714 | $16.69 |
| 10 | Memphis, TN | $34,037 | $16.36 |
| 11 | Denver, CO | $33,955 | $16.32 |
| 12 | Miami, FL | $33,933 | $16.31 |
| 13 | Omaha, NE | $33,893 | $16.29 |
| 14 | Sioux Falls, SD | $33,819 | $16.26 |
| 15 | Baton Rouge, LA | $33,508 | $16.11 |
| 16 | Salt Lake City, UT | $33,364 | $16.04 |
| 17 | South Portland, ME | $33,316 | $16.02 |
| 18 | Philadelphia, PA | $33,282 | $16.00 |
| 19 | Little Rock, AR | $33,225 | $15.97 |
| 20 | Springfield, VA | $33,058 | $15.89 |
Licensed sales agent salary details
A licensed sales agent's salary ranges from $25,000 a year at the 10th percentile to $51,000 at the 90th percentile.
What is a licensed sales agent's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $51,000 | $4,250 | $25 |
| 75th Percentile | $43,000 | $3,583 | $21 |
| Average | $36,453 | $3,038 | $18 |
| 25th Percentile | $30,000 | $2,500 | $14 |
| 10th Percentile | $25,000 | $2,083 | $12 |
Highest paying licensed sales agent jobs
The highest paying types of licensed sales agents are sales professional, licensed insurance producer, and insurance producer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Insurance Producer | $65,112 | $5,426 | $31.30 | 44,922 |
| Agent | $37,864 | $3,155 | $18.20 | 184,325 |
| Sales Professional | $68,809 | $5,734 | $33.08 | 347,888 |
| Sales Internship | $34,460 | $2,872 | $16.57 | 341,195 |
| Sales Consultant | $60,135 | $5,011 | $28.91 | 227,636 |
| Insurance Agent | $51,936 | $4,328 | $24.97 | 67,977 |
Top companies hiring licensed sales agents now:
Which companies pay licensed sales agents the most?
Licensed sales agent salaries at Oracle and HPOne are the highest-paying according to our most recent salary estimates. In addition, the average licensed sales agent salary at companies like Assurance and NTT Data International L.L.C. Are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Oracle | $60,818 | $29.24 |
| 2 | HPOne | $54,332 | $26.12 |
| 3 | Assurance | $53,120 | $25.54 |
| 4 | NTT Data International L.L.C. | $51,533 | $24.78 |
| 5 | Wipro Limited | $50,557 | $24.31 |
| 6 | The General | $50,265 | $24.17 |
| 7 | AAA Northern California, Nevada & Utah | $43,195 | $20.77 |
| 8 | GPAC | $42,403 | $20.39 |
| 9 | Health IQ | $40,956 | $19.69 |
| 10 | Benefytt Technologies | $40,421 | $19.43 |
| 11 | Benzinga | $39,362 | $18.92 |
| 12 | CNO Financial Group | $38,477 | $18.50 |
| 13 | Datalot | $38,371 | $18.45 |
| 14 | BroadPath | $37,396 | $17.98 |
| 15 | e-TeleQuote Insurance | $36,752 | $17.67 |
| 16 | State Farm | $36,276 | $17.44 |
| 17 | Gallagher | $36,247 | $17.43 |
| 18 | UnitedHealth Group | $36,144 | $17.38 |
| 19 | QBE Insurance Group | $35,691 | $17.16 |
| 20 | Progressive | $35,160 | $16.90 |
Wage gap by gender, race and education
Licensed Sales Agent salary by industry
The average licensed sales agent salary varies across industries:
- The average licensed sales agent salary in the finance industry is $56,008, the highest of any industry.
- The average licensed sales agent salary in the finance industry is $54,782.
- Licensed sales agents in the insurance industry earn an average salary of $37,032, the lowest of any industry.
Highest paying industries for licensed sales agents
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $56,008 | $26.93 |
| 2 | Real Estate | $54,782 | $26.34 |
| 3 | Health Care | $39,310 | $18.90 |
| 4 | Insurance | $37,032 | $17.80 |
High paying licensed sales agent jobs
Licensed sales agent salary trends
The average licensed sales agent salary has fallen by $-4,103 over the last ten years. In 2014, the average licensed sales agent earned $40,556 annually, but today, they earn $36,453 a year. That works out to a -4% change in pay for licensed sales agents over the last decade.
Compare licensed sales agent salaries for cities or states with the national average over time.
Average licensed sales agent salary over time
Compare licensed sales agent salaries for individual cities or states with the national average.
Licensed sales agent salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $36,500 | $17.53 | +3.9% |
| 2024 | $35,000 | $16.85 | -3.0% |
| 2023 | $36,100 | $17.35 | +0.5% |
| 2022 | $35,900 | $17.26 | -5.5% |
| 2021 | $37,900 | $18.21 | -6.3% |
Recently added licensed sales agent salaries
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