Insurance Agent Salary in Richmond, Virginia
The median insurance agent salary in Richmond, VA is $60,753 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.
Insurance Agent Pay in Richmond: What to Expect (2026)
Richmond offers a median insurance agent salary of $60,753, which is $2,314 below the Virginia state average of $63,067. Compared to the national median of $57,860, Richmond pays above average for this role.
Richmond's cost of living is 100% 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 Richmond spans from $31,500 at the 10th percentile to $123,900 at the 90th percentile — a $92,400 spread. Entry-level professionals start around $33,600, while senior insurance agents with 8+ years of experience can earn up to $115,500. With a population of 226,610, Richmond is a mid-sized metro with a growing job market.
Insurance Agent Salary in Richmond by Experience
In Richmond, an entry-level insurance agent earns around $33,600, while experienced professionals earn up to $115,500 per year. The local cost of living index is 100% of the national average.
Salary Percentiles in Richmond, VA
| Percentile | Richmond |
|---|---|
| 10th Percentile | $31,500 |
| 25th Percentile | $42,000 |
| Median (50th) | $60,753 |
| 75th Percentile | $86,100 |
| 90th Percentile | $123,900 |
Insurance Agent Salary in Other Virginia Cities
How to Become a Insurance Agent in Richmond
Education
Most insurance agent positions require a high school diploma. Richmond and the surrounding Virginia area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Demand in Richmond may vary based on local industry and population growth.
Find Insurance Agent Jobs in Richmond
Browse open insurance agent positions in Richmond, VA: