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 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

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.