Insurance Agent Salary

Augusta vs Bangor: Insurance Agent Salary (2026)

Compare insurance agent salaries between Augusta, ME and Bangor, ME. All figures are 2026 estimates projected from BLS 2025 data.

Augusta, ME
$60,599
$29.13/hr
Bangor, ME
$63,041
$30.30/hr

Side-by-Side Comparison

MetricAugusta, MEBangor, ME
Median Salary$60,599$63,041
Hourly Rate$29.13$30.30
Entry Level (P10)$39,899$48,008
25th Percentile$47,485$50,194
75th Percentile$77,566$66,480
Top Earner (P90)$93,928$87,666
Total Employed4160
Side-by-side bar chart comparing Augusta ($60,599) and Bangor ($63,041) insurance agent salaries.AugustaBangorMedian Salary$60,599$63,041Entry Level (P10)$39,899$48,008Top Earner (P90)$93,928$87,666US Median $64,522

Verdict

Bangor, ME offers better overall compensation for insurance agents, winning 3 out of 4 metrics compared to Augusta.

The salary gap between Augusta and Bangor is $2,442 (4.03%). Bangor's median is -2.30% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Augusta spans $54,029,Bangor spans $39,658. Augusta has a wider pay range, meaning more potential for high earners but also more variation.

Augusta
P10 (Entry)$39,899
P25$47,485
Median$60,599
P75$77,566
P90 (Top)$93,928
Bangor
P10 (Entry)$48,008
P25$50,194
Median$63,041
P75$66,480
P90 (Top)$87,666

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Bangor ($65,322 effective) pays 7.36% more than Augusta ($60,842 effective).

Augusta
Nominal: $60,599
CoL Index: 99.6
Adjusted: $60,842
Bangor
Nominal: $63,041
CoL Index: 96.508
Adjusted: $65,322

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

Which City Is Right for You?

Choose Augusta if…

  • Better top-earner potential ($93,928)
  • You prefer the Maine area and lifestyle

Choose Bangor if…

  • Higher median salary ($63,041/year)
  • Larger job market (160 employed)
  • Better purchasing power (CoL-adjusted: $65,322)
  • You prefer the Maine area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Augusta grew 7.4% from 2024 to 2025, compared to 58.0% growth in Bangor over the same period.

Augusta, ME

+7.4%

$54,474 (2024) → $58,493 (2025)

Bangor, ME

+58.0%

$38,520 (2019) → $60,850 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Augusta or Bangor?

Bangor has a higher median insurance agent salary at $63,041/year, compared to Augusta at $60,599/year — a difference of $2,442 (4.03%).

What is the hourly rate difference between Augusta and Bangor?

Augusta insurance agents earn $29.13/hr while Bangor hygienists earn $30.30/hr (2026 est.).

Should I relocate from Augusta to Bangor as a insurance agent?

Consider more than just salary when comparing Augusta and Bangor. Factor in cost of living (CoL-adjusted: Augusta = $60,842, Bangor = $65,322), job availability (4 vs 160 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Augusta vs Bangor?

Entry-level (10th percentile) insurance agents earn $39,899 in Augusta and $48,008 in Bangor. The Bangor 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