Business & Finance Massachusetts (MA) Rank #2 of 50

Insurance Agent Salary in Massachusetts

The median insurance agent salary in Massachusetts is $82,161 per year, which is 42.0% above the national median of $57,860.

Median Salary
$82,161
vs National
+$24,301
State Rank
#2 of 50
Cost of Living
135%

Insurance Agent Salary Overview in Massachusetts (2026)

Massachusetts ranks #2 out of 50 states for insurance agent compensation. This places Massachusetts in the top tier nationally, making it one of the best states for insurance agents seeking high pay. At $82,161 per year, insurance agents in Massachusetts earn $24,301 more than the national median of $57,860.

It's worth noting that Massachusetts's cost of living is 135% of the national average, which reduces the real purchasing power of the $82,161 salary. After adjusting for cost of living, the effective salary is closer to $60,860.

The salary spread in Massachusetts is significant: insurance agents at the 10th percentile earn $42,600, while those at the 90th percentile bring home $167,560 — a $124,960 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Massachusetts for this role is Cambridge, where the median reaches $96,626.

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 Massachusetts by Experience

In Massachusetts, an entry-level insurance agent earns around $45,440, while experienced professionals earn up to $156,200 per year. The cost of living index in Massachusetts is 135% of the national average.

Entry Level (0-2 yrs)
$45,440
+$13,440 vs national
Mid Level (3-7 yrs)
$85,200
+$25,200 vs national
Senior Level (8+ yrs)
$156,200
+$46,200 vs national

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Salary Percentiles in Massachusetts

Percentile MA Salary
10th Percentile $42,600
25th Percentile $56,800
Median (50th) $82,161
75th Percentile $116,440
90th Percentile $167,560

Insurance Agent Salary by City in Massachusetts

The largest employment areas for insurance agents in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Agent in Massachusetts

Education

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

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in Massachusetts

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

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Frequently Asked Questions: Insurance Agent Salary in Massachusetts

How much does a Insurance Agent make in Massachusetts? ▼
The median insurance agent salary in Massachusetts is $82,161 per year, which is 42.0% above the national median of $57,860. Salaries range from $42,600 (10th percentile) to $167,560 (90th percentile).
How much does a Insurance Agent make per hour in Massachusetts? ▼
Based on the median annual salary of $82,161, a insurance agent in Massachusetts earns approximately $40 per hour assuming a standard 2,080-hour work year.
Is Massachusetts a good state for insurance agents? ▼
Massachusetts ranks #2 out of 50 states for insurance agent pay. The cost of living index is 135% of the national average. Entry-level insurance agents earn $45,440, while senior professionals earn $156,200.
How does Massachusetts compare to other states for insurance agent salary? ▼
The highest paying state for insurance agents is Hawaii at $98,362. Massachusetts's median of $82,161 ranks #2 nationally. Nearby-ranked states include Hawaii ($98,362) and California ($79,847).
What is the entry-level insurance agent salary in Massachusetts? ▼
An entry-level insurance agent in Massachusetts earns approximately $45,440 per year. With 3-7 years of experience, pay increases to around $85,200. Senior-level professionals with 8+ years earn up to $156,200.
What city in Massachusetts pays insurance agents the most? ▼
Cambridge is the highest paying city in Massachusetts for insurance agents, with a median salary of $96,626. Other cities include Boston and Worcester.