Business & Finance Rhode Island (RI) Rank #13 of 50

Insurance Agent Salary in Rhode Island

The median insurance agent salary in Rhode Island is $61,910 per year, which is 7.0% above the national median of $57,860.

Median Salary
$61,910
vs National
+$4,050
State Rank
#13 of 50
Cost of Living
105%

Insurance Agent Salary Overview in Rhode Island (2026)

Rhode Island ranks #13 out of 50 states for insurance agent compensation. Rhode Island falls in the middle of the pack for insurance agent pay, offering salaries near the national average. At $61,910 per year, insurance agents in Rhode Island earn $4,050 more than the national median of $57,860.

Rhode Island's cost of living is near the national average at 105%, meaning insurance agent salaries here translate closely to their face value in purchasing power.

The salary spread in Rhode Island is significant: insurance agents at the 10th percentile earn $32,100, while those at the 90th percentile bring home $126,260 — a $94,160 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Rhode Island for this role is Providence, where the median reaches $63,646.

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for insurance agents across the country.

Insurance Agent Salary in Rhode Island by Experience

In Rhode Island, an entry-level insurance agent earns around $34,240, while experienced professionals earn up to $117,700 per year. The cost of living index in Rhode Island is 105% of the national average.

Entry Level (0-2 yrs)
$34,240
+$2,240 vs national
Mid Level (3-7 yrs)
$64,200
+$4,200 vs national
Senior Level (8+ yrs)
$117,700
+$7,700 vs national

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Salary Percentiles in Rhode Island

Percentile RI Salary
10th Percentile $32,100
25th Percentile $42,800
Median (50th) $61,910
75th Percentile $87,740
90th Percentile $126,260

Insurance Agent Salary by City in Rhode Island

The largest employment areas for insurance agents in Rhode Island include Providence, Warwick, Cranston, and Pawtucket. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Agent in Rhode Island

Education

Most insurance agent positions require a high school diploma. Rhode Island has several accredited institutions offering relevant programs.

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in Rhode Island

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Rhode Island's demand may vary based on local industry trends.

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Frequently Asked Questions: Insurance Agent Salary in Rhode Island

How much does a Insurance Agent make in Rhode Island? ▼
The median insurance agent salary in Rhode Island is $61,910 per year, which is 7.0% above the national median of $57,860. Salaries range from $32,100 (10th percentile) to $126,260 (90th percentile).
How much does a Insurance Agent make per hour in Rhode Island? ▼
Based on the median annual salary of $61,910, a insurance agent in Rhode Island earns approximately $30 per hour assuming a standard 2,080-hour work year.
Is Rhode Island a good state for insurance agents? ▼
Rhode Island ranks #13 out of 50 states for insurance agent pay. The cost of living index is 105% of the national average. Entry-level insurance agents earn $34,240, while senior professionals earn $117,700.
How does Rhode Island compare to other states for insurance agent salary? ▼
The highest paying state for insurance agents is Hawaii at $98,362. Rhode Island's median of $61,910 ranks #13 nationally. Nearby-ranked states include Virginia ($63,067) and New Hampshire ($61,910).
What is the entry-level insurance agent salary in Rhode Island? ▼
An entry-level insurance agent in Rhode Island earns approximately $34,240 per year. With 3-7 years of experience, pay increases to around $64,200. Senior-level professionals with 8+ years earn up to $117,700.
What city in Rhode Island pays insurance agents the most? ▼
Providence is the highest paying city in Rhode Island for insurance agents, with a median salary of $63,646. Other cities include Warwick and Cranston.