Insurance Agent Hourly Pay in Simi Valley, CA: $33.72 (2026)
Quick Answer:Hourly pay for a insurance agent working in Simi Valley, CA runs $33.72 at the median for 2026 — annualizing to $70,139 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Simi Valley's regional price level (BEA RPP 113.1, 13% above national), each hour of work buys what $29.82 nationally would. A 24-hour part-time schedule grosses $42,085 per year.
Based on BLS state-level estimates · View source
In Simi Valley, California, the insurance agent hourly pay is projected to be $33.72 in 2026, notably higher than the national median of $31.02. This rate reflects not only the local demand for insurance professionals but also the higher cost of living in the area. For part-time agents working three days a week, this can translate into a stable income even while working less than full-time, catering to those seeking flexible employment. Per-diem insurance agents, though less common, can potentially take advantage of varied work environments including independent agency offices or commercial brokerage floors, engaging in tasks such as client visits or virtual policy quoting. With an hourly range stretching from $19.79 for entry-level positions to $52.27 for top earners, the profession presents differing opportunities based on experience and expertise.
About the Simi Valley Market
Salary estimated from California average ($82,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $19.79 | $158.30 |
| Lower Range (P25) | $24.88 | $199.08 |
| Median (P50) | $33.72 | $269.77 |
| Upper Range (P75) | $43.16 | $345.28 |
| Top Earners (P90) | $52.27 | $418.13 |
Estimated Annual Income by Work Schedule in Simi Valley
Based on $33.72/hr median hourly rate · 2026 est.
At $33.72/hr, a insurance agent working full-time (40 hr/wk) in Simi Valley, CA can expect to earn approximately $70,141 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $40,466. With a cost-of-living index of 113.10 (above the national average), these earnings may be offset by higher expenses in Simi Valley.
Hourly Rate Calculator
Schedule Comparison in Simi Valley
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,348.87 | $5,845 | $70,141 |
| Part-Time (24 hrs) | $809.32 | $3,507 | $42,085 |
| Per Diem (16 hrs) | $539.55 | $2,338 | $28,057 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Simi Valley) | $33.72 |
| 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 Simi Valley, CA earn a median of $70,139 per year (2026 est.), which is 8.71% higher than the national median of $64,522 and 3.30% above the California state average of $67,899.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $33.72/hr = $42,085/year (purchasing power: $37,210).
Working 40h/week (full-time) = $70,141/year (purchasing power: $62,017).
CoL index: 113.1 (100 = national average).
2019 BLS Actual
$26.62/hr
2025 BLS Actual
$32.55/hr
2026 Current Est.
$33.72/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Simi Valley (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.62/hr | Actual |
| 2020 | $27.27/hr | Actual |
| 2021 | $26.05/hr | Actual |
| 2022 | $30.24/hr | Actual |
| 2023 | $30.88/hr | Actual |
| 2024 | $46.07/hr | Actual |
| 2025 | $32.55/hr | Actual |
| 2026(current) | $33.72/hr | Estimated |
| 2027 | $34.94/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Simi Valley grew 22.3% from $26.62/hr (2019) to $32.55/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $34.94/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 Simi Valley 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 Simi Valley
Delving into the financial prospects for insurance agents in Simi Valley, a part-time agent working 24 hours a week at the median hourly rate would earn roughly $42,000 annually, which highlights a significant contrast compared to the potential for full-time roles. While per-diem work is less frequent and often revolves around commission structures, specialized consultants with credentials like CPCU can command hourly rates between $200 and $600, underscoring how expertise impacts pay within the field. The variation in hourly rates often depends on the employer type; captive agents often earn less than those in large commercial brokerages or independent agencies, which are increasingly sought after. Agents might accept lower pay for the added benefits like health insurance or retirement plans that some roles provide. Negotiation skills are vital in such scenarios, and understanding the nuances of different compensation packages can help agents maximize their earnings in a competitive labor market.
More salary data for Simi Valley, CA:
Frequently Asked Questions
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Related Pages
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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 Simi Valley. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Simi Valley is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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