Insurance Agent Salary

Monroe vs New Orleans: Insurance Agent Salary (2026)

Compare insurance agent salaries between Monroe, LA and New Orleans, LA. All figures are 2026 estimates projected from BLS 2025 data.

Monroe, LA
$49,707
$23.90/hr
New Orleans, LA
$61,248
$29.44/hr

Side-by-Side Comparison

MetricMonroe, LANew Orleans, LA
Median Salary$49,707$61,248
Hourly Rate$23.90$29.44
Entry Level (P10)$32,147$39,182
25th Percentile$39,378$48,360
75th Percentile$60,440$83,439
Top Earner (P90)$96,648$112,302
Total Employed2501,690
Side-by-side bar chart comparing Monroe ($49,707) and New Orleans ($61,248) insurance agent salaries.MonroeNew OrleansMedian Salary$49,707$61,248Entry Level (P10)$32,147$39,182Top Earner (P90)$96,648$112,302US Median $64,522

Verdict

New Orleans, LA offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Monroe.

The salary gap between Monroe and New Orleans is $11,541 (23.22%). New Orleans's median is -5.07% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Monroe spans $64,501,New Orleans spans $73,120. New Orleans has a wider pay range, suggesting more variation in pay between entry-level and experienced insurance agents.

Monroe
P10 (Entry)$32,147
P25$39,378
Median$49,707
P75$60,440
P90 (Top)$96,648
New Orleans
P10 (Entry)$39,182
P25$48,360
Median$61,248
P75$83,439
P90 (Top)$112,302

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New Orleans ($66,145 effective) pays 11.24% more than Monroe ($59,460 effective).

Monroe
Nominal: $49,707
CoL Index: 83.597
Adjusted: $59,460
New Orleans
Nominal: $61,248
CoL Index: 92.597
Adjusted: $66,145

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

Which City Is Right for You?

Choose Monroe if…

  • You prefer the Louisiana area and lifestyle

Choose New Orleans if…

  • Higher median salary ($61,248/year)
  • Better top-earner potential ($112,302)
  • Larger job market (1,690 employed)
  • Better purchasing power (CoL-adjusted: $66,145)
  • You prefer the Louisiana area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Monroe grew 36.0% from 2019 to 2025, compared to 14.0% growth in New Orleans over the same period.

Monroe, LA

+36.0%

$35,290 (2019) → $47,980 (2025)

New Orleans, LA

+14.0%

$51,840 (2019) → $59,120 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Monroe or New Orleans?

New Orleans has a higher median insurance agent salary at $61,248/year, compared to Monroe at $49,707/year — a difference of $11,541 (23.22%).

What is the hourly rate difference between Monroe and New Orleans?

Monroe insurance agents earn $23.90/hr while New Orleans hygienists earn $29.44/hr (2026 est.).

Should I relocate from Monroe to New Orleans as a insurance agent?

Consider more than just salary when comparing Monroe and New Orleans. Factor in cost of living (CoL-adjusted: Monroe = $59,460, New Orleans = $66,145), job availability (250 vs 1,690 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Monroe vs New Orleans?

Entry-level (10th percentile) insurance agents earn $32,147 in Monroe and $39,182 in New Orleans. The New Orleans 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