Insurance Agent Salary

Nicholasville vs Owensboro: Insurance Agent Salary (2026)

Compare insurance agent salaries between Nicholasville, KY and Owensboro, KY. All figures are 2026 estimates projected from BLS 2025 data.

Nicholasville, KY
$60,148
$28.91/hr
Owensboro, KY
$61,072
$29.36/hr

Side-by-Side Comparison

MetricNicholasville, KYOwensboro, KY
Median Salary$60,148$61,072
Hourly Rate$28.91$29.36
Entry Level (P10)$36,370$31,784
25th Percentile$44,973$46,009
75th Percentile$76,989$83,232
Top Earner (P90)$93,230$131,613
Total Employed6160
Side-by-side bar chart comparing Nicholasville ($60,148) and Owensboro ($61,072) insurance agent salaries.NicholasvilleOwensboroMedian Salary$60,148$61,072Entry Level (P10)$36,370$31,784Top Earner (P90)$93,230$131,613US Median $64,522

Verdict

Owensboro, KY offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Nicholasville.

The salary gap between Nicholasville and Owensboro is $924 (1.54%). Owensboro's median is -5.35% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Nicholasville spans $56,860,Owensboro spans $99,829. Owensboro has a wider pay range, suggesting more variation in pay between entry-level and experienced insurance agents.

Nicholasville
P10 (Entry)$36,370
P25$44,973
Median$60,148
P75$76,989
P90 (Top)$93,230
Owensboro
P10 (Entry)$31,784
P25$46,009
Median$61,072
P75$83,232
P90 (Top)$131,613

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Owensboro ($68,922 effective) pays 2.33% more than Nicholasville ($67,355 effective).

Nicholasville
Nominal: $60,148
CoL Index: 89.3
Adjusted: $67,355
Owensboro
Nominal: $61,072
CoL Index: 88.61
Adjusted: $68,922

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

Which City Is Right for You?

Choose Nicholasville if…

  • You prefer the Kentucky area and lifestyle

Choose Owensboro if…

  • Higher median salary ($61,072/year)
  • Better top-earner potential ($131,613)
  • Larger job market (160 employed)
  • Better purchasing power (CoL-adjusted: $68,922)
  • You prefer the Kentucky area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Nicholasville grew 26.9% from 2024 to 2025, compared to 43.3% growth in Owensboro over the same period.

Nicholasville, KY

+26.9%

$45,733 (2024) → $58,058 (2025)

Owensboro, KY

+43.3%

$41,130 (2019) → $58,950 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Nicholasville or Owensboro?

Owensboro has a higher median insurance agent salary at $61,072/year, compared to Nicholasville at $60,148/year — a difference of $924 (1.54%).

What is the hourly rate difference between Nicholasville and Owensboro?

Nicholasville insurance agents earn $28.91/hr while Owensboro hygienists earn $29.36/hr (2026 est.).

Should I relocate from Nicholasville to Owensboro as a insurance agent?

Consider more than just salary when comparing Nicholasville and Owensboro. Factor in cost of living (CoL-adjusted: Nicholasville = $67,355, Owensboro = $68,922), job availability (6 vs 160 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Nicholasville vs Owensboro?

Entry-level (10th percentile) insurance agents earn $36,370 in Nicholasville and $31,784 in Owensboro. The Nicholasville 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