Insurance Sales Agent Salary in Rhode Island
Based on 2K+ workers in Rhode Island
Median Annual Salary (RI)
$79,930
$38.43/hr
vs National Average
$63,491
+25.9% vs national median
Salary Range (10th–90th)
$48K – $169K
2K employed in Rhode Island
The Insurance Sales Agent salary in Rhode Island offers a strong earning potential, with a median of $79,930 annually. This figure significantly outpaces the national average, sitting 26% higher, and reflects the demand for these professionals within the state. Approximately 1,700 individuals are employed in this role across Rhode Island.
Several factors contribute to the variation in Insurance Sales Agent salary in Rhode Island. Experience level plays a crucial role, as does the specific type of insurance sold, with specialized lines often commanding higher commissions. The size and success of the agency or company an agent works for, along with their individual sales performance and negotiation skills, also significantly influence their overall compensation within the reported range of $48,100 to $169,090.
Salary Distribution — Insurance Sales Agent in Rhode Island
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $48,100 |
| 25th percentile | $61,210 |
| Median (50th percentile) | $79,930 |
| 75th percentile | $123,080 |
| 90th percentile | $169,090 |
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 Rhode Island 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 Rhode Island vs National
| Year | Median Salary (Rhode Island) |
|---|---|
| 2022 | $65,420 |
| 2023 | $77,120 |
| 2024 | $74,360 |
| 2025 | $79,930 |
| 2026 (projected) | $84,726 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Rhode Island Median | National Median |
|---|---|---|
| 2022 | $65,420 | $56,540 |
| 2023 | $77,120 | $57,817 |
| 2024 | $74,360 | $60,047 |
| 2025 | $79,930 | $63,491 |
| 2026 (projected) | $84,726 | $67,300 |
Insurance Sales Agent Salary by Experience Level in Rhode Island
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $61,210 |
| Mid-level | 3-5 yrs | $79,930 |
| Senior | 6-9 yrs | $123,080 |
| Staff / Lead | 10+ yrs | $169,090 |
Insurance Sales Agent Salary in Other States
Related Insurance Sales Agent Salaries in Rhode Island
How other high-demand occupations in Rhode Island compare to Insurance Sales Agent ($79,930 median).
| Occupation | Median Salary | vs Insurance Sales Agent | Hourly |
|---|---|---|---|
| Financial Manager in RI | $166,940 | +108.9% | $80.26/hr |
| Actuary in RI | $111,090 | +39.0% | $53.41/hr |
| Financial Analyst in RI | $100,550 | +25.8% | $48.34/hr |
| Accountant in RI | $95,820 | +19.9% | $46.07/hr |
| Financial Examiner in RI | $94,130 | +17.8% | $45.25/hr |
| Budget Analyst in RI | $92,790 | +16.1% | $44.61/hr |
| Compliance Officer in RI | $87,620 | +9.6% | $42.13/hr |
| Credit Analyst in RI | $85,920 | +7.5% | $41.31/hr |
| Personal Financial Advisor in RI | $80,200 | +0.3% | $38.56/hr |
| Tax Examiner in RI | $78,990 | -1.2% | $37.98/hr |
| Loan Officer in RI | $77,250 | -3.4% | $37.14/hr |
| Multimedia Artist and Animator in RI | $80,040 | +0.1% | $38.48/hr |
Frequently Asked Questions
How much does an insurance sales agent make in Rhode Island?
- In Rhode Island, the median salary for an insurance sales agent is $79,930 per year, which is equivalent to about $38 per hour. This median figure falls within a broader salary range of $48,100 to $169,090 annually.
What is the salary range for insurance sales agents in Rhode Island?
- The salary for insurance sales agents in Rhode Island typically ranges from $48,100 on the lower end to $169,090 at the higher end. The median salary sits at $79,930 per year.
How does the average insurance sales agent salary in Rhode Island compare to the national average?
- Insurance sales agents in Rhode Island earn significantly more than the national average, with salaries being 25.9% higher. The median salary in Rhode Island is $79,930 annually, compared to a national median that is lower.
How many insurance sales agents are employed in Rhode Island?
- There are approximately 1,700 insurance sales agents currently employed in Rhode Island. The median annual salary for these professionals is $79,930, with a typical range between $48,100 and $169,090.