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Insurance Sales Agents in Maryland

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Insurance Sales Agents in Maryland

Considering a career as an Insurance Sales Agent in Maryland?

6.3% Jobs Projection
$48,220 Median Salary
690 Job Openings

You’re in luck! Jobs for Insurance Sales Agents in Maryland are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Insurance Sales Agents in Maryland is growing faster than average.

  • Insurance Sales Agents in Maryland earn lower salaries than the typical U.S. wage earner.

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.

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The typical state has 5,950 Insurance Sales Agents working in it, which means Maryland has more Insurance Sales Agents than average.

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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%.

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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.

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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

More about our data sources and methodologies.

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