Business & Finance Minot, ND Pop. 48,639

Insurance Agent Salary in Minot, North Dakota

The median insurance agent salary in Minot, ND is $53,231 per year, which is 8% below the national median and 2.2% above the North Dakota state average.

City Median
$53,231
vs State Avg
+$1,157
vs National
$-4,629
Cost of Living
92%

Insurance Agent Salary in Minot by Experience

In Minot, an entry-level insurance agent earns around $29,440, while experienced professionals earn up to $101,200 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$29,440
$-2,560 vs national
Mid Level (3-7 yrs)
$55,200
$-4,800 vs national
Senior Level (8+ yrs)
$101,200
$-8,800 vs national

Salary Percentiles in Minot, ND

Percentile Minot
10th Percentile $27,600
25th Percentile $36,800
Median (50th) $53,231
75th Percentile $75,440
90th Percentile $108,560

Insurance Agent Salary in Other North Dakota Cities

How to Become a Insurance Agent in Minot

Education

Most insurance agent positions require a high school diploma. Minot and the surrounding North Dakota 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 Minot may vary based on local industry and population growth.