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Average State Farm licensed insurance agent salary

$45,884yearly

$26.02 hourly rate

Entry-level State Farm licensed insurance agent salary
$30,000 yearly
Updated April 5, 2024

How much does State Farm pay licensed insurance agents?

The average salary for State Farm licensed insurance agents is $45,884 per year. State Farm licensed insurance agent salaries range between $30,000 to $69,000 per year. State Farm licensed insurance agents earn 15% less than the national average salary for licensed insurance agents of $54,118.

Location impacts how much a licensed insurance agent at State Farm can expect to make. Licensed insurance agents at State Farm make the most in Huntsville, AL, New York, NY, and Tempe, AZ.

How much does State Farm pay licensed insurance agents by location?

State Farm pays licensed insurance agents the most in Huntsville, AL, New York, NY, and Tempe, AZ. Additionally, cities like Fullerton and Bloomington also report highly competitive salaries for licensed insurance agents at State Farm.

Licensed insurance agent State Farm salary by location

RankCityAvg. salaryHourly rate
1Huntsville, AL$72,432$34.82
2New York, NY$71,368$34.31
3Tempe, AZ$62,981$30.28
4Fullerton, CA$62,384$29.99
5Bloomington, IL$62,365$29.98
6Charlotte, NC$61,963$29.79
7Saint Joseph, MO$61,846$29.73
8Miami, FL$61,788$29.71
9Kane, PA$61,297$29.47
10Newark, OH$60,397$29.04

Highest-paid State Farm licensed insurance agents by job level

RankJob titleAverage salaryHourly rateJob openings
1Sales Producer$114,807$55-
2Insurance Broker$76,971$37-
3Life Insurance Agent$62,565$30-
4Business Agent$61,295$29-
5Commercial Lines Insurance Agent$61,294$29-
6Insurance Producer$58,392$28-
7Licensed Insurance Producer$55,940$271
8Insurance Consultant$54,043$26-
9Sales Agent$52,991$25-
10Insurance Adviser$52,658$25-

Licensed insurance agent salary at State Farm competitors

RankCompanyAverage salaryHourly rateJob openings
1American Family Insurance$49,756$244
2State Farm Insurance Agency$46,565$221
3MetLife$46,360$224
4USAA$44,174$2131
5Nationwide$43,122$215
6Progressive$40,097$191
7Farmers Insurance$38,637$19256
8Allstate$38,530$19121
9GEICO$37,660$1885

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