Business & Finance Newark, DE Pop. 33,398

Insurance Agent Salary in Newark, Delaware

The median insurance agent salary in Newark, DE is $61,910 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$61,910
vs State Avg
+$578
vs National
+$4,050
Cost of Living
102%

Insurance Agent Salary in Newark by Experience

In Newark, an entry-level insurance agent earns around $34,240, while experienced professionals earn up to $117,700 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$34,240
+$2,240 vs national
Mid Level (3-7 yrs)
$64,200
+$4,200 vs national
Senior Level (8+ yrs)
$117,700
+$7,700 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $32,100
25th Percentile $42,800
Median (50th) $61,910
75th Percentile $87,740
90th Percentile $126,260

Insurance Agent Salary in Other Delaware Cities

Wilmington, DE
$63,646
Pop. 70,898
Bear, DE
$60,174
Pop. 21,000
Middletown, DE
$59,596
Pop. 22,350
Dover, DE
$58,439
Pop. 39,403

How to Become a Insurance Agent in Newark

Education

Most insurance agent positions require a high school diploma. Newark and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Demand in Newark may vary based on local industry and population growth.