Business & Finance Chesapeake, VA
Pop. 249,422
Insurance Agent Salary in Chesapeake, Virginia
The median insurance agent salary in Chesapeake, VA is $59,596 per year, which is 3.0% above the national median and 5.5% below the Virginia state average.
City Median
$59,596
vs State Avg
$-3,471
vs National
+$1,736
Cost of Living
98%
Insurance Agent Salary in Chesapeake by Experience
In Chesapeake, an entry-level insurance agent earns around $32,960, while experienced professionals earn up to $113,300 per year. The local cost of living index is 98% of the national average.
Entry Level (0-2 yrs)
$32,960
+$960 vs national
Mid Level (3-7 yrs)
$61,800
+$1,800 vs national
Senior Level (8+ yrs)
$113,300
+$3,300 vs national
Salary Percentiles in Chesapeake, VA
| Percentile | Chesapeake |
|---|---|
| 10th Percentile | $30,900 |
| 25th Percentile | $41,200 |
| Median (50th) | $59,596 |
| 75th Percentile | $84,460 |
| 90th Percentile | $121,540 |
Insurance Agent Salary in Other Virginia Cities
How to Become a Insurance Agent in Chesapeake
Education
Most insurance agent positions require a high school diploma. Chesapeake and the surrounding Virginia 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 Chesapeake may vary based on local industry and population growth.