Business & Finance Maryland (MD) Rank #8 of 50

Insurance Agent Salary in Maryland

The median insurance agent salary in Maryland is $66,539 per year, which is 15.0% above the national median of $57,860.

Median Salary
$66,539
vs National
+$8,679
State Rank
#8 of 50
Cost of Living
110%

Insurance Agent Salary in Maryland by Experience

In Maryland, an entry-level insurance agent earns around $36,800, while experienced professionals earn up to $126,500 per year. The cost of living index in Maryland is 110% of the national average.

Entry Level (0-2 yrs)
$36,800
+$4,800 vs national
Mid Level (3-7 yrs)
$69,000
+$9,000 vs national
Senior Level (8+ yrs)
$126,500
+$16,500 vs national

Salary Percentiles in Maryland

Percentile MD Salary
10th Percentile $34,500
25th Percentile $46,000
Median (50th) $66,539
75th Percentile $94,300
90th Percentile $135,700

Insurance Agent Salary by City in Maryland

The largest employment areas for insurance agents in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Agent in Maryland

Education

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

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in Maryland

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