Insurance Agent Salary

Des Moines vs Marshalltown: Insurance Agent Salary (2026)

Compare insurance agent salaries between Des Moines, IA and Marshalltown, IA. All figures are 2026 estimates projected from BLS 2025 data.

Des Moines, IA
$63,341
$30.46/hr
Marshalltown, IA
$61,215
$29.43/hr

Side-by-Side Comparison

MetricDes Moines, IAMarshalltown, IA
Median Salary$63,341$61,215
Hourly Rate$30.46$29.43
Entry Level (P10)$28,614$38,752
25th Percentile$47,293$45,633
75th Percentile$102,471$78,356
Top Earner (P90)$133,136$94,883
Total Employed2,9408
Side-by-side bar chart comparing Des Moines ($63,341) and Marshalltown ($61,215) insurance agent salaries.Des MoinesMarshalltownMedian Salary$63,341$61,215Entry Level (P10)$28,614$38,752Top Earner (P90)$133,136$94,883US Median $64,522

Verdict

Des Moines, IA offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Marshalltown.

The salary gap between Des Moines and Marshalltown is $2,126 (3.47%). Des Moines's median is -1.83% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Des Moines spans $104,522,Marshalltown spans $56,131. Des Moines has a wider pay range, meaning more potential for high earners but also more variation.

Des Moines
P10 (Entry)$28,614
P25$47,293
Median$63,341
P75$102,471
P90 (Top)$133,136
Marshalltown
P10 (Entry)$38,752
P25$45,633
Median$61,215
P75$78,356
P90 (Top)$94,883

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Des Moines ($69,073 effective) pays 2.00% more than Marshalltown ($67,716 effective).

Des Moines
Nominal: $63,341
CoL Index: 91.701
Adjusted: $69,073
Marshalltown
Nominal: $61,215
CoL Index: 90.4
Adjusted: $67,716

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

Which City Is Right for You?

Choose Des Moines if…

  • Higher median salary ($63,341/year)
  • Better top-earner potential ($133,136)
  • Larger job market (2,940 employed)
  • Better purchasing power (CoL-adjusted: $69,073)
  • You prefer the Iowa area and lifestyle

Choose Marshalltown if…

  • You prefer the Iowa area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Des Moines grew 8.6% from 2019 to 2025, compared to 10.7% growth in Marshalltown over the same period.

Des Moines, IA

+8.6%

$56,310 (2019) → $61,140 (2025)

Marshalltown, IA

+10.7%

$53,381 (2024) → $59,088 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Des Moines or Marshalltown?

Des Moines has a higher median insurance agent salary at $63,341/year, compared to Marshalltown at $61,215/year — a difference of $2,126 (3.47%).

What is the hourly rate difference between Des Moines and Marshalltown?

Des Moines insurance agents earn $30.46/hr while Marshalltown hygienists earn $29.43/hr (2026 est.).

Should I relocate from Des Moines to Marshalltown as a insurance agent?

Consider more than just salary when comparing Des Moines and Marshalltown. Factor in cost of living (CoL-adjusted: Des Moines = $69,073, Marshalltown = $67,716), job availability (2,940 vs 8 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Des Moines vs Marshalltown?

Entry-level (10th percentile) insurance agents earn $28,614 in Des Moines and $38,752 in Marshalltown. The Marshalltown 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