Insurance Sales Agents in Maryland
Considering a career as an Insurance Sales Agent in Maryland?
You’re in luck! Jobs for Insurance Sales Agents in Maryland are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Insurance Sales Agents in Maryland is growing faster than average.
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Insurance Sales Agents in Maryland earn lower salaries than the typical U.S. wage earner.
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How Many Insurance Sales Agents Work in Maryland?
In Maryland, there were 6,910 people working as Insurance Sales Agents in the year 2018.
There were 7,010 Insurance Sales Agents employed in this state in 2017.
That’s a decline of 100 jobs between 2017 and 2018.
The typical state has 5,950 Insurance Sales Agents working in it, which means Maryland has more Insurance Sales Agents than average.
Job Projections for Maryland
Jobs for Insurance Sales Agents in this state are growing at a rate of 6.3% which is slower than the nationwide estimated projection of 9.9%.
Maryland Annual Job Openings
The BLS is projecting 690 annual Insurance Sales Agents job openings in Maryland, and 8,620 total jobs in the year 2026.
Nationwide, the prediction is 54,700 annual jobs and 551,200 total jobs in 2026.
What do Insurance Sales Agents Make in Maryland?
In 2018 wages for Insurance Sales Agents ranged from $26,200 to $124,880 with $48,220 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $12.6 to $60.04. The median hourly rate was $23.19.
Workers in this field were paid a median of $23.45 an hour in 2017.
The hourly rate declined by $0.26.
The median salary in Maryland is higher than the nationwide median salary.
Top Maryland Metros for Insurance Sales Agents
The table below shows some of the metros in this state with the most Insurance Sales Agents.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 8,140 | $66,280 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 6,100 | $47,400 |
| Baltimore-Columbia-Towson, MD | 3,970 | $49,460 |
| Salisbury, MD-DE | 420 | $61,710 |
| Hagerstown-Martinsburg, MD-WV | 240 | $42,890 |
| Cumberland, MD-WV | 90 | $38,300 |
| California-Lexington Park, MD | 50 | $46,090 |
Top States for Insurance Sales Agents Employment
The table below shows the states where most Insurance Sales Agents work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 41,010 | $55,440 |
| Florida | 35,260 | $48,970 |
| Texas | 31,890 | $45,010 |
| New York | 21,230 | $60,700 |
| Ohio | 15,770 | $47,710 |
| Illinois | 15,520 | $52,420 |
| Pennsylvania | 14,270 | $59,300 |
| Georgia | 11,990 | $42,750 |
| North Carolina | 11,210 | $49,440 |
| Michigan | 11,130 | $50,640 |
| New Jersey | 10,350 | $58,530 |
| Virginia | 10,170 | $46,010 |
| Indiana | 9,450 | $51,140 |
| Missouri | 9,340 | $45,990 |
| Colorado | 9,210 | $51,080 |
| Wisconsin | 8,710 | $63,590 |
| Washington | 7,700 | $51,740 |
| Arizona | 7,570 | $42,700 |
| Tennessee | 7,180 | $43,710 |
| Minnesota | 7,120 | $59,980 |
Below are the states where Insurance Sales Agents get paid the most:
| State | Annual Median Salary |
|---|---|
| Massachusetts | $70,660 |
| Wisconsin | $63,590 |
| Connecticut | $61,580 |
| New York | $60,700 |
| Rhode Island | $60,290 |
| Minnesota | $59,980 |
| Pennsylvania | $59,300 |
| New Jersey | $58,530 |
| Nebraska | $58,240 |
| New Hampshire | $57,640 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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