Business & Finance Colorado (CO) Rank #15 of 50

Insurance Agent Salary in Colorado

The median insurance agent salary in Colorado is $60,753 per year, which is 5.0% above the national median of $57,860.

Median Salary
$60,753
vs National
+$2,893
State Rank
#15 of 50
Cost of Living
105%

Insurance Agent Salary Overview in Colorado (2026)

Colorado ranks #15 out of 50 states for insurance agent compensation. Colorado falls in the middle of the pack for insurance agent pay, offering salaries near the national average. At $60,753 per year, insurance agents in Colorado earn $2,893 more than the national median of $57,860.

Colorado's cost of living is near the national average at 105%, meaning insurance agent salaries here translate closely to their face value in purchasing power.

The salary spread in Colorado is significant: insurance agents at the 10th percentile earn $31,500, while those at the 90th percentile bring home $123,900 — a $92,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Colorado for this role is Boulder, where the median reaches $74,061.

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for insurance agents across the country.

Insurance Agent Salary in Colorado by Experience

In Colorado, an entry-level insurance agent earns around $33,600, while experienced professionals earn up to $115,500 per year. The cost of living index in Colorado is 105% of the national average.

Entry Level (0-2 yrs)
$33,600
+$1,600 vs national
Mid Level (3-7 yrs)
$63,000
+$3,000 vs national
Senior Level (8+ yrs)
$115,500
+$5,500 vs national

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Salary Percentiles in Colorado

Percentile CO Salary
10th Percentile $31,500
25th Percentile $42,000
Median (50th) $60,753
75th Percentile $86,100
90th Percentile $123,900

Insurance Agent Salary by City in Colorado

The largest employment areas for insurance agents in Colorado include Denver, Colorado Springs, Aurora, and Fort Collins. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Agent in Colorado

Education

Most insurance agent positions require a high school diploma. Colorado has several accredited institutions offering relevant programs.

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in Colorado

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Colorado's demand may vary based on local industry trends.

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Frequently Asked Questions: Insurance Agent Salary in Colorado

How much does a Insurance Agent make in Colorado? ▼
The median insurance agent salary in Colorado is $60,753 per year, which is 5.0% above the national median of $57,860. Salaries range from $31,500 (10th percentile) to $123,900 (90th percentile).
How much does a Insurance Agent make per hour in Colorado? ▼
Based on the median annual salary of $60,753, a insurance agent in Colorado earns approximately $29 per hour assuming a standard 2,080-hour work year.
Is Colorado a good state for insurance agents? ▼
Colorado ranks #15 out of 50 states for insurance agent pay. The cost of living index is 105% of the national average. Entry-level insurance agents earn $33,600, while senior professionals earn $115,500.
How does Colorado compare to other states for insurance agent salary? ▼
The highest paying state for insurance agents is Hawaii at $98,362. Colorado's median of $60,753 ranks #15 nationally. Nearby-ranked states include Rhode Island ($61,910) and Delaware ($61,332).
What is the entry-level insurance agent salary in Colorado? ▼
An entry-level insurance agent in Colorado earns approximately $33,600 per year. With 3-7 years of experience, pay increases to around $63,000. Senior-level professionals with 8+ years earn up to $115,500.
What city in Colorado pays insurance agents the most? ▼
Boulder is the highest paying city in Colorado for insurance agents, with a median salary of $74,061. Other cities include Denver and Colorado Springs.