Insurance Sales Agents Salary in Minneapolis, MN (2024)
Insurance Sales Agents in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn a median of $81,890 per year ($39.37 per hour) based on 6,610 jobs counted by the Bureau of Labor Statistics in 2024. That is +35.6% against the national median of $60,370 for this occupation.
Pay distribution
The median is a single point on a wide curve. The table below shows where insurance sales agents actually sit across the pay range in Minneapolis, MN, from the bottom decile to the top.
| Percentile | Hourly | Annual | Note |
|---|---|---|---|
| 10th percentile | $23.63 | $49,160 | |
| 25th percentile | $28.50 | $59,270 | |
| Median | $39.37 | $81,890 | half earn more, half earn less |
| 75th percentile | $51.39 | $106,890 | |
| 90th percentile | $80.80 | $168,070 | |
| Average (mean) | $50.44 | $104,910 |
How Minneapolis, MN compares
The local median of $81,890 runs +35.6% above the US median of $60,370 for this occupation; it pays 42.1% more than the metro-wide median across all jobs ($57,640); within the metro it ranks 190th of 659 detailed occupations by median pay.
| Benchmark | Median annual | Difference |
|---|---|---|
| Minneapolis, MN — this occupation | $81,890 | — |
| US median, same occupation (all areas) | $60,370 | +35.6% |
| Minneapolis, MN — all occupations | $57,640 | +42.1% |
| Highest metro in the US for this job | $81,890 | 0.0% |
The location quotient of 1.12 is close to 1.0: the occupation's share of local employment tracks the national average.
Moderate confidence The relative standard error is 7.1%. Treat the headline number as accurate to within roughly 7%, and read the percentiles as a range rather than a precise point.
Ranked 190th of 659 detailed occupations in the metro by median annual wage.
Highest-paying jobs in Minneapolis, MN
To put $81,890 in context, these are the best-paid detailed occupations in the same metro area. This occupation sits 190th.
| Occupation | Median annual | Employment |
|---|---|---|
| Nurse Anesthetists | $233,030 | 1,700 |
| Physicists | $215,340 | 30 |
| Chief Executives | $210,000 | 4,590 |
| Dentists, General | $209,870 | 1,860 |
| Pediatricians, General | $206,940 | 590 |
| Airline Pilots, Copilots, and Flight Engineers | $184,560 | — |
| Judges, Magistrate Judges, and Magistrates | $182,790 | 330 |
| Air Traffic Controllers | $178,920 | 580 |
| Computer and Information Systems Managers | $173,630 | 8,680 |
| Architectural and Engineering Managers | $170,970 | 3,410 |
Where insurance sales agents earn the most
Across the 25 metro areas with released data for this occupation, medians run from $46,050 to $81,890. These are the top markets.
| Metro area | Median annual | Employment |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $81,890 | 6,610 |
| New York-Newark-Jersey City, NY-NJ | $78,130 | 19,570 |
| San Francisco-Oakland-Fremont, CA | $77,630 | 5,380 |
| Boston-Cambridge-Newton, MA-NH | $76,570 | 7,770 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $75,350 | 8,190 |
| San Diego-Chula Vista-Carlsbad, CA | $65,920 | 4,060 |
| Los Angeles-Long Beach-Anaheim, CA | $64,790 | 13,810 |
| Seattle-Tacoma-Bellevue, WA | $62,880 | 5,870 |
| Chicago-Naperville-Elgin, IL-IN | $62,340 | 13,370 |
| Denver-Aurora-Centennial, CO | $61,930 | 5,630 |
See the full national picture on the Insurance Sales Agents salary by metro page.
Frequently asked questions
What is the median salary for insurance sales agents in Minneapolis, MN?
The median annual wage is $81,890, or $39 per hour. That means half of the insurance sales agents working in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn more than this figure and half earn less. The average is $104,910.
What do the highest and lowest paid insurance sales agents in Minneapolis, MN earn?
The bottom 10% earn $49,160 or less, while the top 10% earn $168,070 or more — a spread of $118,910 between the two ends of the distribution. The middle half of workers sit between $59,270 and $106,890.
Is insurance sales agents pay in Minneapolis, MN above the local average?
Yes, it is 42.1% above the all-occupation median for the metro, which is $57,640. That comparison is the fairer one for judging local purchasing power, because it holds the metro's overall cost and wage level constant.
How does Minneapolis, MN pay compare with the rest of the US for this job?
At $81,890 the metro median is 35.6% higher than the US median of $60,370 for insurance sales agents. Across the 25 metro areas covered here, this occupation ranges from $46,050 to $81,890.
How many insurance sales agents work in Minneapolis, MN?
BLS counts about 6,610 people in this occupation in the metro area, or 3.42 jobs per 1,000 total jobs. The location quotient of 1.12 is close to 1.0: the occupation's share of local employment tracks the national average.
About these figures
Figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024 (employment relative standard error 8.3%). OEWS measures what employers pay, not what any individual earns; it excludes self-employed workers, and it does not adjust for local cost of living.
Read the full methodology, or the original data at bls.gov/oes.