Business & Finance Madison, WI Pop. 269,840

Insurance Agent Salary in Madison, Wisconsin

The median insurance agent salary in Madison, WI is $57,860 per year, which is 0.0% above the national median and 8.7% above the Wisconsin state average.

City Median
$57,860
vs State Avg
+$4,629
vs National
+$0
Cost of Living
100%

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

Madison offers a median insurance agent salary of $57,860, which is $4,629 above the Wisconsin state average of $53,231. Compared to the national median of $57,860, Madison pays above average for this role.

Madison'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 Madison spans from $30,000 at the 10th percentile to $118,000 at the 90th percentile — a $88,000 spread. Entry-level professionals start around $32,000, while senior insurance agents with 8+ years of experience can earn up to $110,000. With a population of 269,840, Madison is a mid-sized metro with a growing job market.

Insurance Agent Salary in Madison by Experience

In Madison, an entry-level insurance agent earns around $32,000, while experienced professionals earn up to $110,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$32,000
+$0 vs national
Mid Level (3-7 yrs)
$60,000
+$0 vs national
Senior Level (8+ yrs)
$110,000
+$0 vs national

Salary Percentiles in Madison, WI

Percentile Madison
10th Percentile $30,000
25th Percentile $40,000
Median (50th) $57,860
75th Percentile $82,000
90th Percentile $118,000

Insurance Agent Salary in Other Wisconsin Cities

How to Become a Insurance Agent in Madison

Education

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

Find Insurance Agent Jobs in Madison

Browse open insurance agent positions in Madison, WI:

Frequently Asked Questions: Insurance Agent Salary in Madison

How much does a Insurance Agent make in Madison, WI? ▼
The median insurance agent salary in Madison, Wisconsin is $57,860 per year, which is 0.0% above the national median of $57,860. Salaries range from $30,000 (10th percentile) to $118,000 (90th percentile).
How much does a Insurance Agent make per hour in Madison? ▼
Based on the median annual salary of $57,860, a insurance agent in Madison earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Madison compare to the Wisconsin state average for insurance agent pay? ▼
Madison's median insurance agent salary of $57,860 is 8.7% above the Wisconsin state average of $53,231. The local cost of living index is 100% of the national average.
What is the cost of living in Madison, WI? ▼
Madison has a cost of living index of 100% compared to the national average. This means a insurance agent salary of $57,860 in Madison has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance agent in Madison? ▼
Most insurance agent positions in Madison 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.