Business & Finance Portland, ME Pop. 68,408

Insurance Agent Salary in Portland, Maine

The median insurance agent salary in Portland, ME is $62,489 per year, which is 8.0% above the national median and 10.2% above the Maine state average.

City Median
$62,489
vs State Avg
+$5,786
vs National
+$4,629
Cost of Living
108%

Insurance Agent Pay in Portland: What to Expect (2026)

Portland offers a median insurance agent salary of $62,489, which is $5,786 above the Maine state average of $56,703. Compared to the national median of $57,860, Portland pays above average for this role.

Portland's cost of living is 108% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for insurance agents in Portland spans from $32,400 at the 10th percentile to $127,440 at the 90th percentile — a $95,040 spread. Entry-level professionals start around $34,560, while senior insurance agents with 8+ years of experience can earn up to $118,800. Portland is a smaller market (pop. 68,408), which may mean fewer openings but also less competition for available positions.

Insurance Agent Salary in Portland by Experience

In Portland, an entry-level insurance agent earns around $34,560, while experienced professionals earn up to $118,800 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$34,560
+$2,560 vs national
Mid Level (3-7 yrs)
$64,800
+$4,800 vs national
Senior Level (8+ yrs)
$118,800
+$8,800 vs national

Salary Percentiles in Portland, ME

Percentile Portland
10th Percentile $32,400
25th Percentile $43,200
Median (50th) $62,489
75th Percentile $88,560
90th Percentile $127,440

Insurance Agent Salary in Other Maine Cities

How to Become a Insurance Agent in Portland

Education

Most insurance agent positions require a high school diploma. Portland and the surrounding Maine 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 Portland may vary based on local industry and population growth.

Find Insurance Agent Jobs in Portland

Browse open insurance agent positions in Portland, ME:

Frequently Asked Questions: Insurance Agent Salary in Portland

How much does a Insurance Agent make in Portland, ME? ▼
The median insurance agent salary in Portland, Maine is $62,489 per year, which is 8.0% above the national median of $57,860. Salaries range from $32,400 (10th percentile) to $127,440 (90th percentile).
How much does a Insurance Agent make per hour in Portland? ▼
Based on the median annual salary of $62,489, a insurance agent in Portland earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Portland compare to the Maine state average for insurance agent pay? ▼
Portland's median insurance agent salary of $62,489 is 10.2% above the Maine state average of $56,703. The local cost of living index is 108% of the national average.
What is the cost of living in Portland, ME? ▼
Portland has a cost of living index of 108% compared to the national average. This means a insurance agent salary of $62,489 in Portland has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance agent in Portland? ▼
Most insurance agent positions in Portland require a high school diploma. Key skills include Sales, Insurance Products, Client Relations, Risk Assessment. The job market is projected to grow 6% nationally over the next decade.