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 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.