Insurance Sales Agents in New Jersey
Is New Jersey a good place for you to work as an Insurance Sales Agent?
You’re in luck! Jobs for Insurance Sales Agents in New Jersey are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Insurance Sales Agents in New Jersey is growing faster than average.
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Insurance Sales Agents in New Jersey earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Sales Agents Work in New Jersey?
In 2018, there were 10,350 Insurance Sales Agents working in the state.
There were 9,820 Insurance Sales Agents employed in this state in 2017.
That’s growth of 530 jobs between 2017 and 2018.
The typical state has 5,950 Insurance Sales Agents working in it, which means New Jersey has more Insurance Sales Agents than average.
Job Projections for New Jersey
Jobs for Insurance Sales Agents in this state are growing at a rate of 7.9% which is slower than the nationwide estimated projection of 9.9%.
New Jersey Annual Job Openings
The BLS is projecting 1,390 annual Insurance Sales Agents job openings in New Jersey, and 14,170 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 New Jersey?
In 2018 wages for Insurance Sales Agents ranged from $34,300 to $130,620 with $58,530 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $16.49 to $62.8. The median hourly rate was $28.14.
In 2017 the median pay for this field was $28.65 an hour.
The hourly rate declined by $0.51.
The median salary in New Jersey is higher than the nationwide median salary.
Top New Jersey 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 |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 22,390 | $63,040 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 8,140 | $66,280 |
| Allentown-Bethlehem-Easton, PA-NJ | 900 | $44,480 |
| Trenton, NJ | 620 | n/a |
| Ocean City, NJ | 170 | $48,090 |
| Atlantic City-Hammonton, NJ | 160 | $41,640 |
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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