SOC 41-3021 · Minneapolis-St. Paul-Bloomington, MN-WI metro

Insurance Sales Agents Salary in Minneapolis, MN

The average salary for insurance sales agents in Minneapolis, Minnesota is $111,320 a year ($53.52 an hour), according to BLS estimates for May 2025. The median is $84,670: half of the 6,750 people in this job in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn more than that, half earn less. That average is 37% more than the U.S. average for this job ($81,480).

$111,320average per year

$53.52 / hourMedian $84,670Take-home ≈ $81,097

  • $51K10th
  • $63K25th
  • $85KMedian
  • $130K75th
  • $178K90th

median average · bar = middle 50% of workers · how to read it

6,750people in this job
+37%vs U.S. average
#1 of 5Minnesota metros
105cost of living (U.S. = 100)
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Insurance Sales Agents pay range in Minneapolis

New workers and the lowest-paid 10% earn about $51,030 a year or less, while the top 10% make $177,710 or more. The middle half of insurance sales agents in Minneapolis earn between $63,120 and $129,670.

  • $51K10th
  • $63K25th
  • $85KMedian
  • $130K75th
  • $178K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$111,320$9,277$53.52
Median$84,670$7,056$40.71
Entry level (25th percentile)$63,120$5,260$30.35
Experienced (75th percentile)$129,670$10,806$62.34

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Insurance Sales Agents pay in Minneapolis vs. Minnesota and the U.S.

Insurance sales agents in Minneapolis earn 11% more than the Minnesota average ($100,270) and 37% more than the U.S. average ($81,480). At the median the gap is +36% against the U.S. median of $62,280.

AreaAverageMedian10th pct.90th pct.Jobs
Minneapolis$111,320$84,670$51,030$177,7106,750
Minnesota$100,270$78,640$49,350$161,03010,010
United States$81,480$62,280$37,330$138,140479,100

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Insurance Sales Agents salary after taxes in Minneapolis

On the average salary of $111,320, a single filer in Minneapolis takes home about $81,097 a year, or $6,758 a month and $3,119 every two weeks. Taxes take 27% of gross pay.

The Minneapolis-St. Paul-Bloomington, MN-WI metro area crosses state lines, so take-home pay depends on the state where you work:

StatePer yearPer month
Working in WI$82,044$6,837
Working in MN$81,097$6,758

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.

Minnesota paycheck calculator: try your own salary

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Is Minneapolis a good place for insurance sales agents? Pay vs. cost of living

Prices in the Minneapolis area are 5% above the U.S. average (BEA price parity 104.8), so the average $111,320 buys what about $106,199 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Minneapolis ($59,320). A typical home costs $393,774, or 3.5 years of this average salary before tax.

See what $111,320 is worth in another city

Insurance Sales Agents salary in other Minnesota cities

Minneapolis ranks 1st of 5 Minnesota metro areas for this job, the best-paid in the state.

All Insurance Sales Agents salaries in Minnesota

Highest-paying cities for insurance sales agents

Fond du Lac, WI pays this job the most of the metro areas we cover ($118,600).

Insurance Sales Agents salary by city

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Reviewed before it counts. Insurance Sales Agents in Minneapolis, MN.

Insurance Sales Agents salary in Minneapolis: questions

How much do insurance sales agents make an hour in Minneapolis?

$53.52 an hour on average, and $40.71 at the median (BLS, May 2025).

What is the entry-level insurance sales agents salary in Minneapolis?

The lowest-paid 10% earn about $51,030 a year and the 25th percentile is $63,120, a fair guide to starting pay.

What is the insurance sales agents take-home pay in Minneapolis?

About $81,097 a year ($6,758 a month) for a single filer on the average salary of $111,320. Minnesota Paid Leave premiums are not included.

Do insurance sales agents earn more in Minneapolis than elsewhere?

The average here is 37% more than the U.S. average for this job ($81,480).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 41-3021; area Minneapolis-St. Paul-Bloomington, MN-WI (33460). Relative standard error of the mean wage: 5.3%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
  • Job concentration: location quotient 1.12, this job is about as common as in the U.S. overall.

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