How Much do Insurance Agents Make in New York?

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

According to the Bureau of Labor Statistics, insurance agents in New York earn an average of $83,360 a year, equivalent to $40.08 an hour.

This is 23% more than insurance agents nationwide and 30% more than the typical New York worker.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
New York Insurance Agent Wages by Percentile
Percentile Hourly Annually
90th $80.95 $168,380
75th $46.48 $96,680
50th $29.02 $60,370
25th $19.20 $39,940
10th $13.78 $28,660
New York Insurance Agents Wages by Metro Area
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Albany $44.01 $91,540
Binghamton $32.91 $68,450
Buffalo $27.18 $56,530
Elmira $22.13 $46,020
Glens Falls $35.02 $72,830
Ithaca $30.14 $62,680
Kingston $38.04 $79,120
New York $39.86 $82,910
Rochester $28.64 $59,560
Syracuse $33.64 $69,980
Utica $36.23 $75,350
Watertown $24.67 $51,300
New York Insurance Agent Wages by Year
Year Hourly Annually
2019 $40.08 $83,360
2018 $40.65 $84,540
2017 $41.93 $87,220
2016 $44.18 $91,890
2015 $39.68 $82,540
2014 $38.72 $80,540
2013 $36.44 $75,800
2012 $38.00 $79,030
2011 $36.01 $74,890