Insurance Agent Salary

Knoxville vs Murfreesboro: Insurance Agent Salary (2026)

Compare insurance agent salaries between Knoxville, TN and Murfreesboro, TN. All figures are 2026 estimates projected from BLS 2025 data.

Knoxville, TN
$67,402
$32.41/hr
Murfreesboro, TN
$58,148
$27.95/hr

Side-by-Side Comparison

MetricKnoxville, TNMurfreesboro, TN
Median Salary$67,402$58,148
Hourly Rate$32.41$27.95
Entry Level (P10)$39,182$35,042
25th Percentile$48,153$43,559
75th Percentile$128,951$74,429
Top Earner (P90)$215,053$90,129
Total Employed94029
Side-by-side bar chart comparing Knoxville ($67,402) and Murfreesboro ($58,148) insurance agent salaries.KnoxvilleMurfreesboroMedian Salary$67,402$58,148Entry Level (P10)$39,182$35,042Top Earner (P90)$215,053$90,129US Median $64,522

Verdict

Knoxville, TN offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Murfreesboro.

The salary gap between Knoxville and Murfreesboro is $9,254 (15.91%). Knoxville's median is +4.46% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Knoxville spans $175,871,Murfreesboro spans $55,087. Knoxville has a wider pay range, meaning more potential for high earners but also more variation.

Knoxville
P10 (Entry)$39,182
P25$48,153
Median$67,402
P75$128,951
P90 (Top)$215,053
Murfreesboro
P10 (Entry)$35,042
P25$43,559
Median$58,148
P75$74,429
P90 (Top)$90,129

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Knoxville ($72,813 effective) pays 14.95% more than Murfreesboro ($63,342 effective).

Knoxville
Nominal: $67,402
CoL Index: 92.569
Adjusted: $72,813
Murfreesboro
Nominal: $58,148
CoL Index: 91.8
Adjusted: $63,342

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

Which City Is Right for You?

Choose Knoxville if…

  • Higher median salary ($67,402/year)
  • Better top-earner potential ($215,053)
  • Larger job market (940 employed)
  • Better purchasing power (CoL-adjusted: $72,813)
  • You prefer the Tennessee area and lifestyle

Choose Murfreesboro if…

  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Knoxville grew 39.8% from 2019 to 2025, compared to 12.1% growth in Murfreesboro over the same period.

Knoxville, TN

+39.8%

$46,540 (2019) → $65,060 (2025)

Murfreesboro, TN

+12.1%

$50,091 (2024) → $56,127 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Knoxville or Murfreesboro?

Knoxville has a higher median insurance agent salary at $67,402/year, compared to Murfreesboro at $58,148/year — a difference of $9,254 (15.91%).

What is the hourly rate difference between Knoxville and Murfreesboro?

Knoxville insurance agents earn $32.41/hr while Murfreesboro hygienists earn $27.95/hr (2026 est.).

Should I relocate from Knoxville to Murfreesboro as a insurance agent?

Consider more than just salary when comparing Knoxville and Murfreesboro. Factor in cost of living (CoL-adjusted: Knoxville = $72,813, Murfreesboro = $63,342), job availability (940 vs 29 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Knoxville vs Murfreesboro?

Entry-level (10th percentile) insurance agents earn $39,182 in Knoxville and $35,042 in Murfreesboro. The Knoxville 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