Insurance Agent Salary

Norwich vs Waterbury: Insurance Agent Salary (2026)

Compare insurance agent salaries between Norwich, CT and Waterbury, CT. All figures are 2026 estimates projected from BLS 2025 data.

Norwich, CT
$74,727
$35.93/hr
Waterbury, CT
$79,772
$38.35/hr

Side-by-Side Comparison

MetricNorwich, CTWaterbury, CT
Median Salary$74,727$79,772
Hourly Rate$35.93$38.35
Entry Level (P10)$47,905$45,221
25th Percentile$48,588$57,312
75th Percentile$98,834$104,688
Top Earner (P90)$228,521$175,830
Total Employed150490
Side-by-side bar chart comparing Norwich ($74,727) and Waterbury ($79,772) insurance agent salaries.NorwichWaterburyMedian Salary$74,727$79,772Entry Level (P10)$47,905$45,221Top Earner (P90)$228,521$175,830US Median $64,522

Verdict

Waterbury, CT offers better overall compensation for insurance agents, winning 3 out of 4 metrics compared to Norwich.

The salary gap between Norwich and Waterbury is $5,045 (6.75%). Waterbury's median is +23.64% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Norwich spans $180,616,Waterbury spans $130,609. Norwich has a wider pay range, meaning more potential for high earners but also more variation.

Norwich
P10 (Entry)$47,905
P25$48,588
Median$74,727
P75$98,834
P90 (Top)$228,521
Waterbury
P10 (Entry)$45,221
P25$57,312
Median$79,772
P75$104,688
P90 (Top)$175,830

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Waterbury ($79,949 effective) pays 7.46% more than Norwich ($74,396 effective).

Norwich
Nominal: $74,727
CoL Index: 100.445
Adjusted: $74,396
Waterbury
Nominal: $79,772
CoL Index: 99.778
Adjusted: $79,949

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

Which City Is Right for You?

Choose Norwich if…

  • Better top-earner potential ($228,521)
  • You prefer the Connecticut area and lifestyle

Choose Waterbury if…

  • Higher median salary ($79,772/year)
  • Larger job market (490 employed)
  • Better purchasing power (CoL-adjusted: $79,949)
  • You prefer the Connecticut area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Norwich grew 48.0% from 2019 to 2025, compared to 17.1% growth in Waterbury over the same period.

Norwich, CT

+48.0%

$48,750 (2019) → $72,130 (2025)

Waterbury, CT

+17.1%

$65,740 (2019) → $77,000 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Norwich or Waterbury?

Waterbury has a higher median insurance agent salary at $79,772/year, compared to Norwich at $74,727/year — a difference of $5,045 (6.75%).

What is the hourly rate difference between Norwich and Waterbury?

Norwich insurance agents earn $35.93/hr while Waterbury hygienists earn $38.35/hr (2026 est.).

Should I relocate from Norwich to Waterbury as a insurance agent?

Consider more than just salary when comparing Norwich and Waterbury. Factor in cost of living (CoL-adjusted: Norwich = $74,396, Waterbury = $79,949), job availability (150 vs 490 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Norwich vs Waterbury?

Entry-level (10th percentile) insurance agents earn $47,905 in Norwich and $45,221 in Waterbury. The Norwich 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