Insurance Agent Salary

Groton vs New Haven: Insurance Agent Salary (2026)

Compare insurance agent salaries between Groton, CT and New Haven, CT. All figures are 2026 estimates projected from BLS 2025 data.

Groton, CT
$76,412
$36.74/hr
New Haven, CT
$78,829
$37.90/hr

Side-by-Side Comparison

MetricGroton, CTNew Haven, CT
Median Salary$76,412$78,829
Hourly Rate$36.74$37.90
Entry Level (P10)$44,319$37,576
25th Percentile$60,284$49,573
75th Percentile$97,808$125,138
Top Earner (P90)$118,439$216,845
Total Employed6480
Side-by-side bar chart comparing Groton ($76,412) and New Haven ($78,829) insurance agent salaries.GrotonNew HavenMedian Salary$76,412$78,829Entry Level (P10)$44,319$37,576Top Earner (P90)$118,439$216,845US Median $64,522

Verdict

New Haven, CT offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Groton.

The salary gap between Groton and New Haven is $2,417 (3.16%). New Haven's median is +22.17% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Groton spans $74,120,New Haven spans $179,269. New Haven has a wider pay range, suggesting more variation in pay between entry-level and experienced insurance agents.

Groton
P10 (Entry)$44,319
P25$60,284
Median$76,412
P75$97,808
P90 (Top)$118,439
New Haven
P10 (Entry)$37,576
P25$49,573
Median$78,829
P75$125,138
P90 (Top)$216,845

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New Haven ($75,392 effective) pays 6.46% more than Groton ($70,817 effective).

Groton
Nominal: $76,412
CoL Index: 107.9
Adjusted: $70,817
New Haven
Nominal: $78,829
CoL Index: 104.559
Adjusted: $75,392

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

Which City Is Right for You?

Choose Groton if…

  • You prefer the Connecticut area and lifestyle

Choose New Haven if…

  • Higher median salary ($78,829/year)
  • Better top-earner potential ($216,845)
  • Larger job market (480 employed)
  • Better purchasing power (CoL-adjusted: $75,392)
  • You prefer the Connecticut area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Groton grew -9.6% from 2024 to 2025, compared to 11.8% growth in New Haven over the same period.

Groton, CT

+-9.6%

$81,582 (2024) → $73,757 (2025)

New Haven, CT

+11.8%

$68,080 (2019) → $76,090 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Groton or New Haven?

New Haven has a higher median insurance agent salary at $78,829/year, compared to Groton at $76,412/year — a difference of $2,417 (3.16%).

What is the hourly rate difference between Groton and New Haven?

Groton insurance agents earn $36.74/hr while New Haven hygienists earn $37.90/hr (2026 est.).

Should I relocate from Groton to New Haven as a insurance agent?

Consider more than just salary when comparing Groton and New Haven. Factor in cost of living (CoL-adjusted: Groton = $70,817, New Haven = $75,392), job availability (6 vs 480 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Groton vs New Haven?

Entry-level (10th percentile) insurance agents earn $44,319 in Groton and $37,576 in New Haven. The Groton 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