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2023 Data

Insurance Agent Salary in Minneapolis, MN

Bureau of Labor Statistics OEWS Survey

Median Annual Salary

$59,568

3.0% vs national

Hourly Rate

$28.64

/hour

Jobs in Area

553

employed

Salary Range$37,449 - $86,825
10th %Median90th %

Insurance Agent Salary Range in Minneapolis, MN

Annual Salary Range

$60k

$37k

10th percentile

$49k

25th

$73k

75th

$87k

90th percentile

Salary Breakdown by Percentile

PercentileAnnual SalaryHourly Rate
10th Percentile (Entry Level)$37,449$18.00
25th Percentile$48,503$23.32
Median (50th Percentile)$59,568$28.64
75th Percentile$73,281$35.23
90th Percentile (Top Earners)$86,825$41.74
Average (Mean)$64,844$31.18

Frequently Asked Questions

The average Insurance Agent salary in Minneapolis, MN is $59,568 per year or $28.64 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 Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area.

Last updated: 1/14/2026

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How Minneapolis, MN Compares

vs National Average

$57,860

+3.0%

vs Minnesota Average

$56,657

+5.1%

Cost-of-Living Adjusted

$57,721

-3.1%

Cost of living in Minneapolis, MN is 3.2% above the national average.

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