Insurance Sales Agent Salary in New Jersey
Based on 11K+ workers in New Jersey
Median Annual Salary (NJ)
$81,640
$39.25/hr
vs National Average
$63,491
+28.6% vs national median
Salary Range (10th–90th)
$49K – $170K
11K employed in New Jersey
The median Insurance Sales Agent salary in New Jersey is a robust $81,640 per year, significantly outperforming the national average by 29%. This lucrative earning potential is reflected in the state's strong employment of 11,370 dedicated professionals in this field, indicating a healthy and active market for insurance sales expertise.
Several factors contribute to the variance within the Insurance Sales Agent salary in New Jersey, which typically ranges from $49,330 to $169,770 annually. Experience level plays a crucial role, as do the specific types of insurance sold, the client base cultivated, and the sales performance of the individual agent. Geographic location within the state can also influence earning potential.
Salary Distribution — Insurance Sales Agent in New Jersey
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $49,330 |
| 25th percentile | $60,060 |
| Median (50th percentile) | $81,640 |
| 75th percentile | $124,460 |
| 90th percentile | $169,770 |
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 New Jersey 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 New Jersey vs National
| Year | Median Salary (New Jersey) |
|---|---|
| 2022 | $73,690 |
| 2023 | $77,970 |
| 2024 | $78,080 |
| 2025 | $81,640 |
| 2026 (projected) | $85,362 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Jersey Median | National Median |
|---|---|---|
| 2022 | $73,690 | $56,540 |
| 2023 | $77,970 | $57,817 |
| 2024 | $78,080 | $60,047 |
| 2025 | $81,640 | $63,491 |
| 2026 (projected) | $85,362 | $66,386 |
Insurance Sales Agent Salary by Experience Level in New Jersey
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $60,060 |
| Mid-level | 3-5 yrs | $81,640 |
| Senior | 6-9 yrs | $124,460 |
| Staff / Lead | 10+ yrs | $169,770 |
Insurance Sales Agent Salary in Other States
Related Insurance Sales Agent Salaries in New Jersey
How other high-demand occupations in New Jersey compare to Insurance Sales Agent ($81,640 median).
| Occupation | Median Salary | vs Insurance Sales Agent | Hourly |
|---|---|---|---|
| Financial Manager in NJ | $199,110 | +143.9% | $95.73/hr |
| Economist in NJ | $167,550 | +105.2% | $80.55/hr |
| Personal Financial Advisor in NJ | $158,570 | +94.2% | $76.24/hr |
| Actuary in NJ | $142,800 | +74.9% | $68.65/hr |
| Financial Analyst in NJ | $108,610 | +33.0% | $52.22/hr |
| Financial Examiner in NJ | $106,410 | +30.3% | $51.16/hr |
| Credit Analyst in NJ | $100,940 | +23.6% | $48.53/hr |
| Accountant in NJ | $100,830 | +23.5% | $48.48/hr |
| Compliance Officer in NJ | $100,000 | +22.5% | $48.08/hr |
| Tax Examiner in NJ | $98,630 | +20.8% | $47.42/hr |
| Budget Analyst in NJ | $96,250 | +17.9% | $46.27/hr |
| Loan Officer in NJ | $92,920 | +13.8% | $44.67/hr |
Frequently Asked Questions
How much does an insurance sales agent make in New Jersey?
- In New Jersey, the median salary for an insurance sales agent is $81,640 per year, which breaks down to approximately $39 per hour. The salary range for this profession in the state spans from $49,330 to $169,770 annually.
What is the average salary for insurance sales agents compared to the national average?
- Insurance sales agents in New Jersey earn significantly more than the national average. Their median salary of $81,640 per year is 28.6% higher than the national median.
How many insurance sales agents are employed in New Jersey?
- There are approximately 11,370 insurance sales agents employed in New Jersey. This indicates a substantial presence of this profession within the state's job market.
Is the salary range for insurance sales agents wide in New Jersey?
- Yes, the salary range for insurance sales agents in New Jersey is quite broad, from $49,330 at the lower end to $169,770 at the higher end. This wide range suggests significant earning potential and variation based on experience, performance, and employer.