Elk River vs St. Cloud: Insurance Agent Salary (2026)
Compare insurance agent salaries between Elk River, MN and St. Cloud, MN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Elk River, MN | St. Cloud, MN |
|---|---|---|
| Median Salary | $66,179▲ | $57,674 |
| Hourly Rate | $31.82▲ | $27.72 |
| Entry Level (P10) | $42,976▲ | $32,220 |
| 25th Percentile | $51,603▲ | $48,796 |
| 75th Percentile | $84,709▲ | $80,052 |
| Top Earner (P90) | $102,576 | $127,304▲ |
| Total Employed | 4 | 300▲ |
Verdict
Elk River and St. Cloud are closely matched on overall insurance agent compensation, each winning on different metrics.
The salary gap between Elk River and St. Cloud is $8,505 (14.75%). Elk River's median is +2.57% compared to the US national median of $64,522.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Elk River spans $59,600,St. Cloud spans $95,084. St. Cloud has a wider pay range, suggesting more variation in pay between entry-level and experienced insurance agents.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Elk River ($67,187 effective) pays 2.09% more than St. Cloud ($65,814 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Elk River if…
- ✓Higher median salary ($66,179/year)
- ✓Better purchasing power (CoL-adjusted: $67,187)
- ✓You prefer the Minnesota area and lifestyle
Choose St. Cloud if…
- ✓Better top-earner potential ($127,304)
- ✓Larger job market (300 employed)
- ✓You prefer the Minnesota area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, insurance agent salaries in Elk River grew -2.7% from 2024 to 2025, compared to -7.4% growth in St. Cloud over the same period.
Elk River, MN
$65,623 (2024) → $63,879 (2025)
St. Cloud, MN
$60,110 (2019) → $55,670 (2025)
View Full Salary Data
Elk River, MN
St. Cloud, MN
Frequently Asked Questions
Which city pays insurance agents more: Elk River or St. Cloud?
What is the hourly rate difference between Elk River and St. Cloud?
Should I relocate from Elk River to St. Cloud as a insurance agent?
What do entry-level insurance agents earn in Elk River vs St. Cloud?
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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.
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