Business & Finance Maine (ME) Rank #21 of 50

Insurance Agent Salary in Maine

The median insurance agent salary in Maine is $56,703 per year, which is 2% below the national median of $57,860.

Median Salary
$56,703
vs National
$-1,157
State Rank
#21 of 50
Cost of Living
98%

Insurance Agent Salary Overview in Maine (2026)

Maine ranks #21 out of 50 states for insurance agent compensation. Maine falls in the middle of the pack for insurance agent pay, offering salaries near the national average. At $56,703 per year, insurance agents in Maine earn $1,157 less than the national median of $57,860.

Maine's cost of living is near the national average at 98%, meaning insurance agent salaries here translate closely to their face value in purchasing power.

The salary spread in Maine is significant: insurance agents at the 10th percentile earn $29,400, while those at the 90th percentile bring home $115,640 — a $86,240 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maine for this role is Portland, where the median reaches $62,489.

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 Maine by Experience

In Maine, an entry-level insurance agent earns around $31,360, while experienced professionals earn up to $107,800 per year. The cost of living index in Maine is 98% of the national average.

Entry Level (0-2 yrs)
$31,360
$-640 vs national
Mid Level (3-7 yrs)
$58,800
$-1,200 vs national
Senior Level (8+ yrs)
$107,800
$-2,200 vs national

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Salary Percentiles in Maine

Percentile ME Salary
10th Percentile $29,400
25th Percentile $39,200
Median (50th) $56,703
75th Percentile $80,360
90th Percentile $115,640

Insurance Agent Salary by City in Maine

The largest employment areas for insurance agents in Maine include Portland, Lewiston, Bangor, and South Portland. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Agent in Maine

Education

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

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in Maine

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

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Frequently Asked Questions: Insurance Agent Salary in Maine

How much does a Insurance Agent make in Maine? ▼
The median insurance agent salary in Maine is $56,703 per year, which is 2% below the national median of $57,860. Salaries range from $29,400 (10th percentile) to $115,640 (90th percentile).
How much does a Insurance Agent make per hour in Maine? ▼
Based on the median annual salary of $56,703, a insurance agent in Maine earns approximately $27 per hour assuming a standard 2,080-hour work year.
Is Maine a good state for insurance agents? ▼
Maine ranks #21 out of 50 states for insurance agent pay. The cost of living index is 98% of the national average. Entry-level insurance agents earn $31,360, while senior professionals earn $107,800.
How does Maine compare to other states for insurance agent salary? ▼
The highest paying state for insurance agents is Hawaii at $98,362. Maine's median of $56,703 ranks #21 nationally. Nearby-ranked states include Minnesota ($57,281) and Florida ($56,703).
What is the entry-level insurance agent salary in Maine? ▼
An entry-level insurance agent in Maine earns approximately $31,360 per year. With 3-7 years of experience, pay increases to around $58,800. Senior-level professionals with 8+ years earn up to $107,800.
What city in Maine pays insurance agents the most? ▼
Portland is the highest paying city in Maine for insurance agents, with a median salary of $62,489. Other cities include Lewiston and Bangor.