Insurance Agent Salary

Ankeny vs Cedar Rapids: Insurance Agent Salary (2026)

Compare insurance agent salaries between Ankeny, IA and Cedar Rapids, IA. All figures are 2026 estimates projected from BLS 2025 data.

Ankeny, IA
$62,463
$30.03/hr
Cedar Rapids, IA
$64,460
$30.99/hr

Side-by-Side Comparison

MetricAnkeny, IACedar Rapids, IA
Median Salary$62,463$64,460
Hourly Rate$30.03$30.99
Entry Level (P10)$38,331$45,802
25th Percentile$47,208$50,443
75th Percentile$79,952$87,583
Top Earner (P90)$96,817$130,287
Total Employed16610
Side-by-side bar chart comparing Ankeny ($62,463) and Cedar Rapids ($64,460) insurance agent salaries.AnkenyCedar RapidsMedian Salary$62,463$64,460Entry Level (P10)$38,331$45,802Top Earner (P90)$96,817$130,287US Median $64,522

Verdict

Cedar Rapids, IA offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Ankeny.

The salary gap between Ankeny and Cedar Rapids is $1,997 (3.20%). Cedar Rapids's median is -0.10% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Ankeny spans $58,486,Cedar Rapids spans $84,485. Cedar Rapids has a wider pay range, suggesting more variation in pay between entry-level and experienced insurance agents.

Ankeny
P10 (Entry)$38,331
P25$47,208
Median$62,463
P75$79,952
P90 (Top)$96,817
Cedar Rapids
P10 (Entry)$45,802
P25$50,443
Median$64,460
P75$87,583
P90 (Top)$130,287

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Cedar Rapids ($72,457 effective) pays 4.86% more than Ankeny ($69,096 effective).

Ankeny
Nominal: $62,463
CoL Index: 90.4
Adjusted: $69,096
Cedar Rapids
Nominal: $64,460
CoL Index: 88.963
Adjusted: $72,457

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

Which City Is Right for You?

Choose Ankeny if…

  • You prefer the Iowa area and lifestyle

Choose Cedar Rapids if…

  • Higher median salary ($64,460/year)
  • Better top-earner potential ($130,287)
  • Larger job market (610 employed)
  • Better purchasing power (CoL-adjusted: $72,457)
  • You prefer the Iowa area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Ankeny grew 10.7% from 2024 to 2025, compared to 29.5% growth in Cedar Rapids over the same period.

Ankeny, IA

+10.7%

$54,469 (2024) → $60,292 (2025)

Cedar Rapids, IA

+29.5%

$48,040 (2019) → $62,220 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Ankeny or Cedar Rapids?

Cedar Rapids has a higher median insurance agent salary at $64,460/year, compared to Ankeny at $62,463/year — a difference of $1,997 (3.20%).

What is the hourly rate difference between Ankeny and Cedar Rapids?

Ankeny insurance agents earn $30.03/hr while Cedar Rapids hygienists earn $30.99/hr (2026 est.).

Should I relocate from Ankeny to Cedar Rapids as a insurance agent?

Consider more than just salary when comparing Ankeny and Cedar Rapids. Factor in cost of living (CoL-adjusted: Ankeny = $69,096, Cedar Rapids = $72,457), job availability (16 vs 610 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Ankeny vs Cedar Rapids?

Entry-level (10th percentile) insurance agents earn $38,331 in Ankeny and $45,802 in Cedar Rapids. The Cedar Rapids area offers higher starting salaries.
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