Insurance Agent Salary

Albany vs Newburgh: Insurance Agent Salary (2026)

Compare insurance agent salaries between Albany, NY and Newburgh, NY. All figures are 2026 estimates projected from BLS 2025 data.

Albany, NY
$74,551
$35.85/hr
Newburgh, NY
$77,614
$37.32/hr

Side-by-Side Comparison

MetricAlbany, NYNewburgh, NY
Median Salary$74,551$77,614
Hourly Rate$35.85$37.32
Entry Level (P10)$46,029$48,671
25th Percentile$57,032$59,242
75th Percentile$102,782$99,346
Top Earner (P90)$156,239$120,301
Total Employed1,1206
Side-by-side bar chart comparing Albany ($74,551) and Newburgh ($77,614) insurance agent salaries.AlbanyNewburghMedian Salary$74,551$77,614Entry Level (P10)$46,029$48,671Top Earner (P90)$156,239$120,301US Median $64,522

Verdict

Albany and Newburgh are closely matched on overall insurance agent compensation, each winning on different metrics.

The salary gap between Albany and Newburgh is $3,063 (4.11%). Newburgh's median is +20.29% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Albany spans $110,210,Newburgh spans $71,630. Albany has a wider pay range, meaning more potential for high earners but also more variation.

Albany
P10 (Entry)$46,029
P25$57,032
Median$74,551
P75$102,782
P90 (Top)$156,239
Newburgh
P10 (Entry)$48,671
P25$59,242
Median$77,614
P75$99,346
P90 (Top)$120,301

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Albany ($74,876 effective) pays 11.81% more than Newburgh ($66,966 effective).

Albany
Nominal: $74,551
CoL Index: 99.566
Adjusted: $74,876
Newburgh
Nominal: $77,614
CoL Index: 115.9
Adjusted: $66,966

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Albany if…

  • Better top-earner potential ($156,239)
  • Larger job market (1,120 employed)
  • Better purchasing power (CoL-adjusted: $74,876)
  • You prefer the New York area and lifestyle

Choose Newburgh if…

  • Higher median salary ($77,614/year)
  • You prefer the New York area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Albany grew 14.7% from 2019 to 2025, compared to -22.6% growth in Newburgh over the same period.

Albany, NY

+14.7%

$62,750 (2019) → $71,960 (2025)

Newburgh, NY

+-22.6%

$96,783 (2024) → $74,917 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Albany or Newburgh?

Newburgh has a higher median insurance agent salary at $77,614/year, compared to Albany at $74,551/year — a difference of $3,063 (4.11%).

What is the hourly rate difference between Albany and Newburgh?

Albany insurance agents earn $35.85/hr while Newburgh hygienists earn $37.32/hr (2026 est.).

Should I relocate from Albany to Newburgh as a insurance agent?

Consider more than just salary when comparing Albany and Newburgh. Factor in cost of living (CoL-adjusted: Albany = $74,876, Newburgh = $66,966), job availability (1,120 vs 6 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Albany vs Newburgh?

Entry-level (10th percentile) insurance agents earn $46,029 in Albany and $48,671 in Newburgh. The Newburgh area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, MBA

Career Analyst

Jordan has over 10 years of experience in the insurance industry. He specializes in property and casualty insurance. He has worked in both agency and corporate settings.

Clinically reviewed by Maria Gonzalez, CICData verified by Raj Patel, LUTCF

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.60% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, MBA, a licensed insurance agent with 10+ years of clinical experience. · View source data at BLS.gov