Insurance Agent Salary in Minnesota
The median insurance agent salary in Minnesota is $57,281 per year, which is 1% below the national median of $57,860.
Insurance Agent Salary Overview in Minnesota (2026)
Minnesota ranks #19 out of 50 states for insurance agent compensation. Minnesota falls in the middle of the pack for insurance agent pay, offering salaries near the national average. At $57,281 per year, insurance agents in Minnesota earn $579 less than the national median of $57,860.
Minnesota's cost of living is near the national average at 97%, meaning insurance agent salaries here translate closely to their face value in purchasing power.
The salary spread in Minnesota is significant: insurance agents at the 10th percentile earn $29,700, while those at the 90th percentile bring home $116,820 — a $87,120 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Minnesota for this role is Minneapolis, where the median reaches $61,910.
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 Minnesota by Experience
In Minnesota, an entry-level insurance agent earns around $31,680, while experienced professionals earn up to $108,900 per year. The cost of living index in Minnesota is 97% of the national average.
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Check Your Rate — No Credit Impact →Salary Percentiles in Minnesota
| Percentile | MN Salary |
|---|---|
| 10th Percentile | $29,700 |
| 25th Percentile | $39,600 |
| Median (50th) | $57,281 |
| 75th Percentile | $81,180 |
| 90th Percentile | $116,820 |
Insurance Agent Salary by City in Minnesota
The largest employment areas for insurance agents in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries vary by city based on local cost of living and demand.
How to Become a Insurance Agent in Minnesota
Education
Most insurance agent positions require a high school diploma. Minnesota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Minnesota
Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Minnesota's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Insurance Agents who negotiate earn 7–15% more. A single negotiation could add $51,619 over your career trajectory.
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