Insurance Agent Salary in Paterson, New Jersey
The median insurance agent salary in Paterson, NJ is $65,382 per year, which is 13.0% above the national median and 8.1% below the New Jersey state average.
Insurance Agent Pay in Paterson: What to Expect (2026)
Paterson offers a median insurance agent salary of $65,382, which is $5,786 below the New Jersey state average of $71,168. Compared to the national median of $57,860, Paterson pays above average for this role.
Paterson's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance agents in Paterson spans from $33,900 at the 10th percentile to $133,340 at the 90th percentile — a $99,440 spread. Entry-level professionals start around $36,160, while senior insurance agents with 8+ years of experience can earn up to $124,300. With a population of 159,732, Paterson is a mid-sized metro with a growing job market.
Insurance Agent Salary in Paterson by Experience
In Paterson, an entry-level insurance agent earns around $36,160, while experienced professionals earn up to $124,300 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Paterson, NJ
| Percentile | Paterson |
|---|---|
| 10th Percentile | $33,900 |
| 25th Percentile | $45,200 |
| Median (50th) | $65,382 |
| 75th Percentile | $92,660 |
| 90th Percentile | $133,340 |
Insurance Agent Salary in Other New Jersey Cities
How to Become a Insurance Agent in Paterson
Education
Most insurance agent positions require a high school diploma. Paterson and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Demand in Paterson may vary based on local industry and population growth.
Find Insurance Agent Jobs in Paterson
Browse open insurance agent positions in Paterson, NJ: