Insurance Agent Salary in Chicago, IL
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$59,390
Hourly Rate
$28.55
/hour
Jobs in Area
705
employed
Insurance Agent Salary Range in Chicago, IL
Annual Salary Range
$39k
10th percentile
$49k
25th
$70k
75th
$89k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $39,242 | $18.87 |
| 25th Percentile | $49,400 | $23.75 |
| Median (50th Percentile) | $59,390 | $28.55 |
| 75th Percentile | $70,156 | $33.73 |
| 90th Percentile (Top Earners) | $88,626 | $42.61 |
| Average (Mean) | $64,435 | $30.98 |
Frequently Asked Questions
The average Insurance Agent salary in Chicago, IL is $59,390 per year or $28.55 per hour as of 2023. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2023. The geographic area covered is the Chicago-Naperville-Elgin Metropolitan Statistical Area.
Last updated: 1/14/2026
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How Chicago, IL Compares
vs National Average
$57,860
vs Illinois Average
$61,540
Cost-of-Living Adjusted
$56,347
Cost of living in Chicago, IL is 5.4% above the national average.
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