Business & Finance Albany, NY Pop. 99,224

Insurance Agent Salary in Albany, New York

The median insurance agent salary in Albany, NY is $63,646 per year, which is 10.0% above the national median and 17.9% below the New York state average.

City Median
$63,646
vs State Avg
$-13,886
vs National
+$5,786
Cost of Living
98%

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

Albany offers a median insurance agent salary of $63,646, which is $13,886 below the New York state average of $77,532. Compared to the national median of $57,860, Albany pays above average for this role.

Albany's cost of living is 98% 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 Albany spans from $33,000 at the 10th percentile to $129,800 at the 90th percentile — a $96,800 spread. Entry-level professionals start around $35,200, while senior insurance agents with 8+ years of experience can earn up to $121,000. Albany is a smaller market (pop. 99,224), which may mean fewer openings but also less competition for available positions.

Insurance Agent Salary in Albany by Experience

In Albany, an entry-level insurance agent earns around $35,200, while experienced professionals earn up to $121,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$35,200
+$3,200 vs national
Mid Level (3-7 yrs)
$66,000
+$6,000 vs national
Senior Level (8+ yrs)
$121,000
+$11,000 vs national

Salary Percentiles in Albany, NY

Percentile Albany
10th Percentile $33,000
25th Percentile $44,000
Median (50th) $63,646
75th Percentile $90,200
90th Percentile $129,800

Insurance Agent Salary in Other New York Cities

How to Become a Insurance Agent in Albany

Education

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

Find Insurance Agent Jobs in Albany

Browse open insurance agent positions in Albany, NY:

Frequently Asked Questions: Insurance Agent Salary in Albany

How much does a Insurance Agent make in Albany, NY? ▼
The median insurance agent salary in Albany, New York is $63,646 per year, which is 10.0% above the national median of $57,860. Salaries range from $33,000 (10th percentile) to $129,800 (90th percentile).
How much does a Insurance Agent make per hour in Albany? ▼
Based on the median annual salary of $63,646, a insurance agent in Albany earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Albany compare to the New York state average for insurance agent pay? ▼
Albany's median insurance agent salary of $63,646 is 17.9% below the New York state average of $77,532. The local cost of living index is 98% of the national average.
What is the cost of living in Albany, NY? ▼
Albany has a cost of living index of 98% compared to the national average. This means a insurance agent salary of $63,646 in Albany has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance agent in Albany? ▼
Most insurance agent positions in Albany 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.