Business & Finance Montana (MT) Rank #26 of 50

Insurance Agent Salary in Montana

The median insurance agent salary in Montana is $54,967 per year, which is 5% below the national median of $57,860.

Median Salary
$54,967
vs National
$-2,893
State Rank
#26 of 50
Cost of Living
95%

Insurance Agent Salary in Montana by Experience

In Montana, an entry-level insurance agent earns around $30,400, while experienced professionals earn up to $104,500 per year. The cost of living index in Montana is 95% of the national average.

Entry Level (0-2 yrs)
$30,400
$-1,600 vs national
Mid Level (3-7 yrs)
$57,000
$-3,000 vs national
Senior Level (8+ yrs)
$104,500
$-5,500 vs national

Salary Percentiles in Montana

Percentile MT Salary
10th Percentile $28,500
25th Percentile $38,000
Median (50th) $54,967
75th Percentile $77,900
90th Percentile $112,100

Insurance Agent Salary by City in Montana

The largest employment areas for insurance agents in Montana include Billings, Missoula, Great Falls, and Bozeman. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Agent in Montana

Education

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

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in Montana

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