Business & Finance Philadelphia, PA Pop. 1,603,797

Insurance Agent Salary in Philadelphia, Pennsylvania

The median insurance agent salary in Philadelphia, PA is $61,332 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.

City Median
$61,332
vs State Avg
+$3,472
vs National
+$3,472
Cost of Living
102%

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

Philadelphia offers a median insurance agent salary of $61,332, which is $3,472 above the Pennsylvania state average of $57,860. Compared to the national median of $57,860, Philadelphia pays above average for this role.

Philadelphia's cost of living is 102% 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 Philadelphia spans from $31,800 at the 10th percentile to $125,080 at the 90th percentile — a $93,280 spread. Entry-level professionals start around $33,920, while senior insurance agents with 8+ years of experience can earn up to $116,600. As a major metro area with a population of 1,603,797, Philadelphia typically offers more job opportunities and employer competition, which can drive salaries higher.

Insurance Agent Salary in Philadelphia by Experience

In Philadelphia, an entry-level insurance agent earns around $33,920, while experienced professionals earn up to $116,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$33,920
+$1,920 vs national
Mid Level (3-7 yrs)
$63,600
+$3,600 vs national
Senior Level (8+ yrs)
$116,600
+$6,600 vs national

Salary Percentiles in Philadelphia, PA

Percentile Philadelphia
10th Percentile $31,800
25th Percentile $42,400
Median (50th) $61,332
75th Percentile $86,920
90th Percentile $125,080

Insurance Agent Salary in Other Pennsylvania Cities

How to Become a Insurance Agent in Philadelphia

Education

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

Find Insurance Agent Jobs in Philadelphia

Browse open insurance agent positions in Philadelphia, PA:

Frequently Asked Questions: Insurance Agent Salary in Philadelphia

How much does a Insurance Agent make in Philadelphia, PA? ▼
The median insurance agent salary in Philadelphia, Pennsylvania is $61,332 per year, which is 6.0% above the national median of $57,860. Salaries range from $31,800 (10th percentile) to $125,080 (90th percentile).
How much does a Insurance Agent make per hour in Philadelphia? ▼
Based on the median annual salary of $61,332, a insurance agent in Philadelphia earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Philadelphia compare to the Pennsylvania state average for insurance agent pay? ▼
Philadelphia's median insurance agent salary of $61,332 is 6.0% above the Pennsylvania state average of $57,860. The local cost of living index is 102% of the national average.
What is the cost of living in Philadelphia, PA? ▼
Philadelphia has a cost of living index of 102% compared to the national average. This means a insurance agent salary of $61,332 in Philadelphia has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance agent in Philadelphia? ▼
Most insurance agent positions in Philadelphia 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.