Insurance Agent Salary

Edina vs Minneapolis: Insurance Agent Salary (2026)

Compare insurance agent salaries between Edina, MN and Minneapolis, MN. All figures are 2026 estimates projected from BLS 2025 data.

Edina, MN
$65,301
$31.39/hr
Minneapolis, MN
$87,718
$42.18/hr

Side-by-Side Comparison

MetricEdina, MNMinneapolis, MN
Median Salary$65,301$87,718
Hourly Rate$31.39$42.18
Entry Level (P10)$39,538$52,867
25th Percentile$48,952$65,392
75th Percentile$83,586$134,338
Top Earner (P90)$101,217$184,108
Total Employed116,750
Side-by-side bar chart comparing Edina ($65,301) and Minneapolis ($87,718) insurance agent salaries.EdinaMinneapolisMedian Salary$65,301$87,718Entry Level (P10)$39,538$52,867Top Earner (P90)$101,217$184,108US Median $64,522

Verdict

Minneapolis, MN offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Edina.

The salary gap between Edina and Minneapolis is $22,417 (34.33%). Minneapolis's median is +35.95% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Edina spans $61,679,Minneapolis spans $131,241. Minneapolis has a wider pay range, suggesting more variation in pay between entry-level and experienced insurance agents.

Edina
P10 (Entry)$39,538
P25$48,952
Median$65,301
P75$83,586
P90 (Top)$101,217
Minneapolis
P10 (Entry)$52,867
P25$65,392
Median$87,718
P75$134,338
P90 (Top)$184,108

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Minneapolis ($83,683 effective) pays 26.23% more than Edina ($66,295 effective).

Edina
Nominal: $65,301
CoL Index: 98.5
Adjusted: $66,295
Minneapolis
Nominal: $87,718
CoL Index: 104.822
Adjusted: $83,683

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

Which City Is Right for You?

Choose Edina if…

  • You prefer the Minnesota area and lifestyle

Choose Minneapolis if…

  • Higher median salary ($87,718/year)
  • Better top-earner potential ($184,108)
  • Larger job market (6,750 employed)
  • Better purchasing power (CoL-adjusted: $83,683)
  • You prefer the Minnesota area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Edina grew -2.7% from 2024 to 2025, compared to 37.3% growth in Minneapolis over the same period.

Edina, MN

+-2.7%

$64,753 (2024) → $63,032 (2025)

Minneapolis, MN

+37.3%

$61,680 (2019) → $84,670 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Edina or Minneapolis?

Minneapolis has a higher median insurance agent salary at $87,718/year, compared to Edina at $65,301/year — a difference of $22,417 (34.33%).

What is the hourly rate difference between Edina and Minneapolis?

Edina insurance agents earn $31.39/hr while Minneapolis hygienists earn $42.18/hr (2026 est.).

Should I relocate from Edina to Minneapolis as a insurance agent?

Consider more than just salary when comparing Edina and Minneapolis. Factor in cost of living (CoL-adjusted: Edina = $66,295, Minneapolis = $83,683), job availability (11 vs 6,750 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Edina vs Minneapolis?

Entry-level (10th percentile) insurance agents earn $39,538 in Edina and $52,867 in Minneapolis. The Minneapolis 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