How Much do Insurance Agents Make in Minnesota?

Do insurance agents in Minnesota make a lot of money? What is the average pay for Minnesota insurance agents?

According to the Bureau of Labor Statistics, insurance agents in Minnesota earn an average of $76,260 a year, equivalent to $36.66 an hour.

This is 13% more than insurance agents nationwide and 36% more than the typical Minnesota worker.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
Minnesota Insurance Agent Wages by Percentile
Percentile Hourly Annually
90th $68.80 $143,110
75th $45.55 $94,750
50th $28.55 $59,380
25th $20.73 $43,110
10th $16.26 $33,810
Minnesota Insurance Agents Wages by Metro Area
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Duluth $35.04 $72,890
Mankato $34.27 $71,280
Minneapolis $37.32 $77,620
Rochester $36.39 $75,690
St. Cloud $46.14 $95,970
Minnesota Insurance Agent Wages by Year
Year Hourly Annually
2019 $36.66 $76,260
2018 $35.65 $74,140
2017 $39.79 $82,760
2016 $41.70 $86,730
2015 $45.21 $94,040
2014 $38.42 $79,920
2013 $34.24 $71,210
2012 $28.59 $59,470
2011 $28.51 $59,310