Business & Finance Cambridge, MA Pop. 118,403

Insurance Agent Salary in Cambridge, Massachusetts

The median insurance agent salary in Cambridge, MA is $96,626 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.

City Median
$96,626
vs State Avg
+$14,465
vs National
+$38,766
Cost of Living
160%

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

Cambridge offers a median insurance agent salary of $96,626, which is $14,465 above the Massachusetts state average of $82,161. Compared to the national median of $57,860, Cambridge pays above average for this role.

However, Cambridge's cost of living index is 160%, significantly above the national average. After adjusting for local costs, the $96,626 salary has an effective purchasing power of approximately $60,391. Housing, transportation, and food costs in Cambridge should be factored into any relocation or job-change decision.

The salary range for insurance agents in Cambridge spans from $50,100 at the 10th percentile to $197,060 at the 90th percentile — a $146,960 spread. Entry-level professionals start around $53,440, while senior insurance agents with 8+ years of experience can earn up to $183,700. With a population of 118,403, Cambridge is a mid-sized metro with a growing job market.

Insurance Agent Salary in Cambridge by Experience

In Cambridge, an entry-level insurance agent earns around $53,440, while experienced professionals earn up to $183,700 per year. The local cost of living index is 160% of the national average.

Entry Level (0-2 yrs)
$53,440
+$21,440 vs national
Mid Level (3-7 yrs)
$100,200
+$40,200 vs national
Senior Level (8+ yrs)
$183,700
+$73,700 vs national

Salary Percentiles in Cambridge, MA

Percentile Cambridge
10th Percentile $50,100
25th Percentile $66,800
Median (50th) $96,626
75th Percentile $136,940
90th Percentile $197,060

Insurance Agent Salary in Other Massachusetts Cities

Boston, MA
$91,997
Pop. 675,647
Worcester, MA
$67,696
Pop. 206,518
Lowell, MA
$64,803
Pop. 115,554
Springfield, MA
$60,753
Pop. 155,929

How to Become a Insurance Agent in Cambridge

Education

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

Find Insurance Agent Jobs in Cambridge

Browse open insurance agent positions in Cambridge, MA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Agent Salary in Cambridge

How much does a Insurance Agent make in Cambridge, MA? ▼
The median insurance agent salary in Cambridge, Massachusetts is $96,626 per year, which is 67.0% above the national median of $57,860. Salaries range from $50,100 (10th percentile) to $197,060 (90th percentile).
How much does a Insurance Agent make per hour in Cambridge? ▼
Based on the median annual salary of $96,626, a insurance agent in Cambridge earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Cambridge compare to the Massachusetts state average for insurance agent pay? ▼
Cambridge's median insurance agent salary of $96,626 is 17.6% above the Massachusetts state average of $82,161. The local cost of living index is 160% of the national average.
What is the cost of living in Cambridge, MA? ▼
Cambridge has a cost of living index of 160% compared to the national average. This means a insurance agent salary of $96,626 in Cambridge has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance agent in Cambridge? ▼
Most insurance agent positions in Cambridge 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.