Insurance Agent Salary

Lansing vs Troy: Insurance Agent Salary (2026)

Compare insurance agent salaries between Lansing, MI and Troy, MI. All figures are 2026 estimates projected from BLS 2025 data.

Lansing, MI
$68,190
$32.78/hr
Troy, MI
$63,139
$30.35/hr

Side-by-Side Comparison

MetricLansing, MITroy, MI
Median Salary$68,190$63,139
Hourly Rate$32.78$30.35
Entry Level (P10)$38,197$37,203
25th Percentile$52,753$46,562
75th Percentile$102,378$80,818
Top Earner (P90)$119,409$97,866
Total Employed64020
Side-by-side bar chart comparing Lansing ($68,190) and Troy ($63,139) insurance agent salaries.LansingTroyMedian Salary$68,190$63,139Entry Level (P10)$38,197$37,203Top Earner (P90)$119,409$97,866US Median $64,522

Verdict

Lansing, MI offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Troy.

The salary gap between Lansing and Troy is $5,051 (8.00%). Lansing's median is +5.68% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Lansing spans $81,212,Troy spans $60,663. Lansing has a wider pay range, meaning more potential for high earners but also more variation.

Lansing
P10 (Entry)$38,197
P25$52,753
Median$68,190
P75$102,378
P90 (Top)$119,409
Troy
P10 (Entry)$37,203
P25$46,562
Median$63,139
P75$80,818
P90 (Top)$97,866

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Lansing ($71,786 effective) pays 5.96% more than Troy ($67,746 effective).

Lansing
Nominal: $68,190
CoL Index: 94.991
Adjusted: $71,786
Troy
Nominal: $63,139
CoL Index: 93.2
Adjusted: $67,746

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

Which City Is Right for You?

Choose Lansing if…

  • Higher median salary ($68,190/year)
  • Better top-earner potential ($119,409)
  • Larger job market (640 employed)
  • Better purchasing power (CoL-adjusted: $71,786)
  • You prefer the Michigan area and lifestyle

Choose Troy if…

  • You prefer the Michigan area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Lansing grew 41.8% from 2019 to 2025, compared to 12.0% growth in Troy over the same period.

Lansing, MI

+41.8%

$46,420 (2019) → $65,820 (2025)

Troy, MI

+12.0%

$54,391 (2024) → $60,945 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Lansing or Troy?

Lansing has a higher median insurance agent salary at $68,190/year, compared to Troy at $63,139/year — a difference of $5,051 (8.00%).

What is the hourly rate difference between Lansing and Troy?

Lansing insurance agents earn $32.78/hr while Troy hygienists earn $30.35/hr (2026 est.).

Should I relocate from Lansing to Troy as a insurance agent?

Consider more than just salary when comparing Lansing and Troy. Factor in cost of living (CoL-adjusted: Lansing = $71,786, Troy = $67,746), job availability (640 vs 20 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Lansing vs Troy?

Entry-level (10th percentile) insurance agents earn $38,197 in Lansing and $37,203 in Troy. The Lansing 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