Insurance Sales Agent Salary in Maryland
Based on 6K+ workers in Maryland
Median Annual Salary (MD)
$58,300
$28.03/hr
vs National Average
$63,491
-8.2% vs national median
Salary Range (10th–90th)
$39K – $133K
6K employed in Maryland
Insurance Sales Agent salary in Maryland averages $58,300 annually, with approximately 5,700 professionals currently working in the state. This median figure falls about 8% below the national average, reflecting regional economic differences and market conditions. The salary range spans from $39,050 to $133,160, indicating significant earning potential based on individual performance and experience.
Several factors influence Insurance Sales Agent salary in Maryland, including years of experience, specialization type, and commission structure. Agents working with high-value clients or in competitive markets tend to earn toward the upper range, while those beginning their careers typically start near the lower end. Geographic location within Maryland, employer size, and individual sales performance also play substantial roles in determining overall compensation packages.
Salary Distribution — Insurance Sales Agent in Maryland
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $39,050 |
| 25th percentile | $45,170 |
| Median (50th percentile) | $58,300 |
| 75th percentile | $79,700 |
| 90th percentile | $133,160 |
Top-Paying Industries for Insurance Sales Agent (U.S.)
Which industries pay Insurance Sales Agents the most — nationwide figures (industry-level data is not available by state). Insurance Sales Agents in Maryland tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Wholesale Trade | $107,430 | — |
| Government (excl. schools, hospitals & USPS) | $88,860 | 730 |
| Management of Companies and Enterprises | $81,090 | 3K |
| Construction | $79,980 | 60 |
| Health Care and Social Assistance | $65,850 | 360 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Insurance Sales Agent in Maryland vs National
| Year | Median Salary (Maryland) |
|---|---|
| 2022 | $60,070 |
| 2023 | $62,570 |
| 2024 | $60,120 |
| 2025 | $58,300 |
| 2026 (projected) | $58,300 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Maryland Median | National Median |
|---|---|---|
| 2022 | $60,070 | $56,540 |
| 2023 | $62,570 | $57,817 |
| 2024 | $60,120 | $60,047 |
| 2025 | $58,300 | $63,491 |
| 2026 (projected) | $58,300 | $63,491 |
Insurance Sales Agent Salary by Experience Level in Maryland
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $45,170 |
| Mid-level | 3-5 yrs | $58,300 |
| Senior | 6-9 yrs | $79,700 |
| Staff / Lead | 10+ yrs | $133,160 |
Insurance Sales Agent Salary in Other States
Related Insurance Sales Agent Salaries in Maryland
How other high-demand occupations in Maryland compare to Insurance Sales Agent ($58,300 median).
| Occupation | Median Salary | vs Insurance Sales Agent | Hourly |
|---|---|---|---|
| Financial Manager in MD | $158,750 | +172.3% | $76.32/hr |
| Economist in MD | $144,680 | +148.2% | $69.56/hr |
| Actuary in MD | $126,950 | +117.8% | $61.03/hr |
| Budget Analyst in MD | $106,020 | +81.9% | $50.97/hr |
| Financial Examiner in MD | $102,980 | +76.6% | $49.51/hr |
| Tax Examiner in MD | $101,400 | +73.9% | $48.75/hr |
| Financial Analyst in MD | $100,370 | +72.2% | $48.25/hr |
| Personal Financial Advisor in MD | $99,880 | +71.3% | $48.02/hr |
| Accountant in MD | $89,370 | +53.3% | $42.97/hr |
| Compliance Officer in MD | $84,720 | +45.3% | $40.73/hr |
| Credit Analyst in MD | $75,390 | +29.3% | $36.25/hr |
| Loan Officer in MD | $73,580 | +26.2% | $35.38/hr |
Frequently Asked Questions
How much do insurance sales agents make in Maryland?
- The median salary for insurance sales agents in Maryland is $58,300 per year, or approximately $28 per hour. This is 8.2% lower than the national average for this position.
What is the salary range for insurance sales agents in Maryland?
- Insurance sales agents in Maryland earn between $39,050 and $133,160 annually, depending on experience, performance, and employer. This wide range reflects differences in commission structures and career advancement opportunities.
How many insurance sales agents work in Maryland?
- There are approximately 5,700 insurance sales agents currently employed in Maryland, indicating a stable job market in the state for this profession.
Is an insurance sales agent salary in Maryland competitive?
- The median salary of $58,300 in Maryland is slightly below the national average at 8.2% lower, but the potential to earn up to $133,160 annually shows significant earning potential for experienced agents in the state.