Insurance Agent Hourly Pay in Florence, AL: $30.68 (2026)
Quick Answer:Hourly pay for a insurance agent working in Florence, AL runs $30.68 at the median for 2026 — annualizing to $63,807 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Florence's regional price level (BEA RPP 84.8, 15% below national), each hour of work buys what $36.17 nationally would. A 24-hour part-time schedule grosses $38,284 per year.
Official BLS data · View source
Insurance agents in Florence, Alabama, earn a median hourly pay of $30.68, which falls slightly below the national median of $31.02. This rate allows for diverse work arrangements, including part-time positions where agents might work three days a week, bringing in a steady income alongside personal commitments or studies. For per-diem workers, the hourly rate provides flexibility, which can be particularly advantageous in settings like client business visits or virtual policy quoting. Hourly rates for insurance agents in Florence range from $15.37 for entry-level positions to $48.46 for experienced professionals, reflecting a competitive landscape within various agency structures, whether working in captive agent storefronts or with independent agencies.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $15.37 | $122.99 |
| Lower Range (P25) | $20.32 | $162.53 |
| Median (P50) | $30.68 | $245.41 |
| Upper Range (P75) | $30.85 | $246.82 |
| Top Earners (P90) | $48.46 | $387.71 |
Estimated Annual Income by Work Schedule in Florence
Based on $30.68/hr median hourly rate · 2026 est.
At $30.68/hr, a insurance agent working full-time (40 hr/wk) in Florence, AL can expect to earn approximately $63,806 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $36,811. With a cost-of-living index of 84.82 (below the national average), these earnings stretch further in Florence.
Hourly Rate Calculator
Schedule Comparison in Florence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,227.04 | $5,317 | $63,806 |
| Part-Time (24 hrs) | $736.22 | $3,190 | $38,284 |
| Per Diem (16 hrs) | $490.82 | $2,127 | $25,522 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Florence) | $30.68 |
| Real Estate Sales Agent (National Avg) | $32.36 |
| Personal Financial Advisor (National Avg) | $51.62 |
| Insurance Underwriter (National Avg) | $37.70 |
| Claims Adjuster (National Avg) | $35.30 |
Insurance Agents in Florence, AL earn a median of $63,807 per year (2026 est.), which is 1.11% lower than the national median of $64,522 and 2.30% below the Alabama state average of $65,309.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $30.68/hr = $38,284/year (purchasing power: $45,137).
Working 40h/week (full-time) = $63,806/year (purchasing power: $75,228).
CoL index: 84.817 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$22.08/hr
2025 BLS Actual
$29.61/hr
2026 Current Est.
$30.68/hr
2019–2027 Growth
+43.9%
Hourly Rate Trajectory for Insurance Agents in Florence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $22.08/hr | Actual |
| 2020 | $22.38/hr | Actual |
| 2021 | $17.76/hr | Actual |
| 2022 | $27.51/hr | Actual |
| 2023 | $21.47/hr | Actual |
| 2024 | $23.87/hr | Actual |
| 2025 | $29.61/hr | Actual |
| 2026(current) | $30.68/hr | Estimated |
| 2027 | $31.78/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Florence grew 34.1% from $22.08/hr (2019) to $29.61/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $31.78/hr by 2027. Part-time and per-diem insurance agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Florence metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.60% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Insurance Agent in Florence
When considering the part-time potential for insurance agents, working 24 hours a week equates to approximately $38,306 annually, a notable sum yet significantly less than what full-time agents make. While per-diem roles and independent consulting can provide higher hourly compensation, such as $200-$400 for risk managers or expert witness services ranging from $300-$600/hour, these opportunities are not the norm for most insurance agents. Varied employer types in Florence contribute to differences in pay; captive agents typically earn less compared to independent brokers and large commercial firms that handle specialty lines. Agents often face a trade-off between accepting lower hourly rates with employer-sponsored benefits and pursuing higher pay without such cushioning. For those negotiating their hourly fee in Florence, understanding local market rates and the nuances of agency contracts, particularly in commercial versus personal lines, can help secure a favorable deal.
More salary data for Florence, AL:
Frequently Asked Questions
What is the hourly rate for insurance agents in Florence in 2026?
How much do part-time insurance agents make in Florence?
Are insurance agents in Florence paid hourly or salary?
How much does a full-time insurance agent make per year in Florence?
Do insurance agents earn more per hour working part-time in Florence?
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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.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.60% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for insurance agents in Florence. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 6-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.60%, derived from historical BLS wage trends for insurance agents (SOC 41-3021).
Compiled and verified by Jordan Lee, MBA, a licensed insurance agent with 10+ years of clinical experience. · View source data at BLS.gov