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Licensed sales producer salary
Average licensed sales producer salary
$38,353
Average Licensed Sales Producer Salary
The average salary for a licensed sales producer is approximately $38,353 annually or about $18 per hour. This figure can fluctuate based on several factors, including geographic location, years of experience, and specific industry demands. For instance, licensed sales producers with more experience typically command higher salaries.
Where Are Licensed Sales Producers Paid the Most?
Geographically, salaries can vary widely. States like California and New York often offer higher compensation due to the cost of living and demand for insurance products. Major cities such as New York City, Los Angeles, and Chicago also present lucrative opportunities for licensed sales producers. To maximize earning potential, consider exploring positions in these high-paying areas.
Experience Level Impact
As with many professions, experience significantly impacts salary. Entry-level positions may start lower, but seasoned licensed sales producers can earn substantially more—sometimes exceeding $50,000 with commissions and bonuses included. Continuous professional development and networking can also lead to better job prospects and salary increases.
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Where can a Licensed Sales Producer earn more?
Licensed sales producer salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level licensed sales producer | $23,000 | $11.05 |
| Mid-level licensed sales producer | $39,300 | $18.91 |
| Senior-level licensed sales producer | $44,800 | $21.54 |
Average licensed sales producer salary by state
The highest-paying states for licensed sales producers are Wisconsin, Washington, and Alaska. The lowest average licensed sales producer salary states are Tennessee, New Mexico, and Virginia.
- State view
- County view
Highest paying states for licensed sales producers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $52,137 | $25.07 |
| 2 | Alaska | $50,731 | $24.39 |
| 3 | Wisconsin | $54,769 | $26.33 |
| 4 | Alabama | $44,351 | $21.32 |
| 5 | Rhode Island | $43,423 | $20.88 |
| 6 | Texas | $41,932 | $20.16 |
| 7 | Illinois | $42,129 | $20.25 |
| 8 | South Dakota | $42,364 | $20.37 |
| 9 | California | $45,653 | $21.95 |
| 10 | District of Columbia | $47,195 | $22.69 |
| 11 | New York | $44,067 | $21.19 |
| 12 | Arizona | $39,676 | $19.07 |
| 13 | New Hampshire | $43,116 | $20.73 |
| 14 | Oregon | $40,714 | $19.57 |
| 15 | Nebraska | $41,772 | $20.08 |
| 16 | North Dakota | $40,687 | $19.56 |
| 17 | Minnesota | $41,040 | $19.73 |
| 18 | Massachusetts | $43,845 | $21.08 |
| 19 | Michigan | $37,652 | $18.10 |
| 20 | Mississippi | $38,538 | $18.53 |
| 21 | North Carolina | $37,717 | $18.13 |
| 22 | Delaware | $38,488 | $18.50 |
| 23 | Kansas | $36,486 | $17.54 |
| 24 | Connecticut | $41,633 | $20.02 |
| 25 | Wyoming | $38,043 | $18.29 |
| 26 | Colorado | $39,135 | $18.81 |
| 27 | South Carolina | $38,741 | $18.63 |
| 28 | Iowa | $35,827 | $17.22 |
| 29 | Pennsylvania | $38,250 | $18.39 |
| 30 | Arkansas | $37,146 | $17.86 |
| 31 | Indiana | $38,342 | $18.43 |
| 32 | Montana | $37,541 | $18.05 |
| 33 | Ohio | $37,961 | $18.25 |
| 34 | New Jersey | $41,947 | $20.17 |
| 35 | Louisiana | $36,896 | $17.74 |
| 36 | Nevada | $36,251 | $17.43 |
| 37 | Hawaii | $39,773 | $19.12 |
| 38 | Kentucky | $36,026 | $17.32 |
| 39 | Vermont | $36,942 | $17.76 |
| 40 | Maine | $37,115 | $17.84 |
| 41 | Tennessee | $34,744 | $16.70 |
| 42 | New Mexico | $34,567 | $16.62 |
| 43 | Missouri | $34,109 | $16.40 |
| 44 | Florida | $36,773 | $17.68 |
| 45 | Utah | $35,087 | $16.87 |
| 46 | Maryland | $37,254 | $17.91 |
| 47 | Georgia | $35,261 | $16.95 |
| 48 | Oklahoma | $34,954 | $16.80 |
| 49 | Idaho | $33,648 | $16.18 |
| 50 | Virginia | $34,220 | $16.45 |
| 51 | West Virginia | $32,132 | $15.45 |
Highest paying cities for licensed sales producers
The highest-paying cities for licensed sales producers are Madison, WI, Fresno, CA, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Madison, WI | $54,744 | $26.32 |
| 2 | Fresno, CA | $44,928 | $21.60 |
| 3 | New York, NY | $44,264 | $21.28 |
| 4 | Huntsville, AL | $43,643 | $20.98 |
| 5 | San Antonio, TX | $42,590 | $20.48 |
| 6 | Mundelein, IL | $42,165 | $20.27 |
| 7 | East Windsor, NJ | $41,995 | $20.19 |
| 8 | Hartford, CT | $41,308 | $19.86 |
| 9 | Minneapolis, MN | $41,090 | $19.75 |
| 10 | Salem, OR | $40,768 | $19.60 |
| 11 | Bismarck, ND | $40,689 | $19.56 |
| 12 | Columbia, SC | $38,655 | $18.58 |
| 13 | Akron, OH | $38,292 | $18.41 |
| 14 | Harrisburg, PA | $37,833 | $18.19 |
| 15 | Coral Springs, FL | $37,547 | $18.05 |
| 16 | Annapolis, MD | $37,436 | $18.00 |
| 17 | Las Vegas, NV | $36,498 | $17.55 |
| 18 | Overland Park, KS | $36,387 | $17.49 |
| 19 | Savannah, GA | $35,843 | $17.23 |
| 20 | Des Moines, IA | $35,816 | $17.22 |
Licensed sales producer salary details
A licensed sales producer's salary ranges from $28,000 a year at the 10th percentile to $52,000 at the 90th percentile.
What is a licensed sales producer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $52,000 | $4,333 | $25 |
| 75th Percentile | $45,000 | $3,750 | $22 |
| Average | $38,353 | $3,196 | $18 |
| 25th Percentile | $32,000 | $2,667 | $15 |
| 10th Percentile | $28,000 | $2,333 | $13 |
Highest paying licensed sales producer jobs
The highest paying types of licensed sales producers are insurance broker, producer, and licensed insurance producer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Insurance Agent | $51,936 | $4,328 | $24.97 | 67,977 |
| Insurance Representative | $35,958 | $2,996 | $17.29 | 87,843 |
| Sales Representative Internship | $34,556 | $2,880 | $16.61 | 225,580 |
| Insurance Broker | $94,006 | $7,834 | $45.20 | 38,403 |
| Sales Internship | $34,460 | $2,872 | $16.57 | 341,195 |
| Sales Consultant | $60,135 | $5,011 | $28.91 | 227,636 |
Top companies hiring licensed sales producers now:
Which companies pay licensed sales producers the most?
Licensed sales producer salaries at Oracle and Kessler Foundation are the highest-paying according to our most recent salary estimates. In addition, the average licensed sales producer salary at companies like Jjk and The American Insurance Company Corp are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Oracle | $75,868 | $36.48 |
| 2 | Kessler Foundation | $42,475 | $20.42 |
| 3 | Jjk | $39,018 | $18.76 |
| 4 | The American Insurance Company Corp | $38,531 | $18.52 |
| 5 | Hilton Grand Vacations | $37,255 | $17.91 |
| 6 | Progressive | $36,477 | $17.54 |
| 7 | Beechmont Country Club | $36,235 | $17.42 |
| 8 | Allstate | $36,233 | $17.42 |
| 9 | Yates Insurance Agency | $36,227 | $17.42 |
| 10 | Farmers Insurance | $36,188 | $17.40 |
| 11 | TROXELL | $35,698 | $17.16 |
| 12 | The Andersons | $35,308 | $16.98 |
| 13 | Advance Auto Parts | $33,568 | $16.14 |
Wage gap by gender, race and education
Licensed sales producer salary trends
The average licensed sales producer salary has risen by $3,477 over the last ten years. In 2014, the average licensed sales producer earned $34,876 annually, but today, they earn $38,353 a year. That works out to a 4% change in pay for licensed sales producers over the last decade.
Compare licensed sales producer salaries for cities or states with the national average over time.
Average licensed sales producer salary over time
Compare licensed sales producer salaries for individual cities or states with the national average.
Licensed sales producer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $38,400 | $18.44 | +2.4% |
| 2024 | $37,400 | $18.00 | +0.7% |
| 2023 | $37,200 | $17.88 | +1.8% |
| 2022 | $36,500 | $17.57 | -0.6% |
| 2021 | $36,700 | $17.67 | +3.6% |
Recently added licensed sales producer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Get It-Marketing | Insurance Agent/Licensed Sales Producer-Remote | Allen, TX | 06/29/2025 | $25,000 |
| Get It-Marketing | Licensed, Experienced Allstate Sales Top Producer-Remote | Portland, OR | 06/29/2025 | $55,000 |
| Get It-Marketing | Insurance Agent/Licensed Sales Producer-Remote | Allen, TX | 05/26/2025 | $25,000 |
| Get It-Marketing | Licensed, Experienced Allstate Sales Top Producer-Remote | Portland, OR | 05/26/2025 | $55,000 |
| Oak Street Health MSO | Spvr, Sales Excellence | Chicago, IL | 03/27/2025 | $51,658 |
| Get It-Marketing | Insurance Agent/Licensed Sales Producer-Remote | Allen, TX | 03/27/2025 | $25,000 |
| Get It-Marketing | Licensed, Experienced Allstate Sales Top Producer-Remote | Portland, OR | 03/27/2025 | $55,000 |
| CVS Health | Spvr, Sales Excellence | Chicago, IL | 03/22/2025 | $51,658 |
| Get It-Marketing | Insurance Agent/Licensed Sales Producer-Remote | Allen, TX | 02/19/2025 | $25,000 |
| Get It-Marketing | Licensed, Experienced Allstate Sales Top Producer-Remote | Portland, OR | 02/19/2025 | $55,000 |
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