Insurance Agent Hourly Pay in New Haven, CT: $37.90 (2026)
Quick Answer:Hourly pay for a insurance agent working in New Haven, CT runs $37.90 at the median for 2026 — annualizing to $78,829 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against New Haven's regional price level (BEA RPP 104.6, 5% above national), each hour of work buys what $36.24 nationally would. A 24-hour part-time schedule grosses $47,295 per year.
Official BLS data · View source
In 2026, insurance agents in New Haven, CT, earn a median hourly rate of $37.90, which significantly exceeds the national hourly median of $31.02. This robust pay reflects the competitive landscape of the insurance market in the region, offering attractive compensation for both full-time and part-time agents. For someone working part-time three days a week, this rate could translate to a comfortable income, allowing flexibility while serving clients across various settings—from independent agency offices to commercial brokerage floors. The hourly wages range from $18.07 for entry-level positions up to $104.25 for the highest earners, emphasizing the potential for growth as agents gain expertise and develop their client bases. These figures are drawn from official Bureau of Labor Statistics data, providing a reliable snapshot of the earning potential within this profession.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.07 | $144.54 |
| Lower Range (P25) | $23.83 | $190.62 |
| Median (P50) | $37.90 | $303.18 |
| Upper Range (P75) | $60.16 | $481.28 |
| Top Earners (P90) | $104.25 | $834.02 |
Estimated Annual Income by Work Schedule in New Haven
Based on $37.90/hr median hourly rate · 2026 est.
At $37.90/hr, a insurance agent working full-time (40 hr/wk) in New Haven, CT can expect to earn approximately $78,826 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $45,476. With a cost-of-living index of 104.56 (above the national average), these earnings may be offset by higher expenses in New Haven.
Hourly Rate Calculator
Schedule Comparison in New Haven
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,515.88 | $6,569 | $78,826 |
| Part-Time (24 hrs) | $909.53 | $3,941 | $47,295 |
| Per Diem (16 hrs) | $606.35 | $2,628 | $31,530 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (New Haven) | $37.90 |
| 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 New Haven, CT earn a median of $78,829 per year (2026 est.), which is 22.17% higher than the national median of $64,522.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $37.90/hr = $47,295/year (purchasing power: $45,233).
Working 40h/week (full-time) = $78,826/year (purchasing power: $75,389).
CoL index: 104.559 (100 = national average).
2019 BLS Actual
$32.73/hr
2025 BLS Actual
$36.58/hr
2026 Current Est.
$37.90/hr
2019–2027 Growth
+20.0%
Hourly Rate Trajectory for Insurance Agents in New Haven (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $32.73/hr | Actual |
| 2020 | $32.24/hr | Actual |
| 2021 | $37.18/hr | Actual |
| 2022 | $36.46/hr | Actual |
| 2023 | $32.32/hr | Actual |
| 2024 | $37.04/hr | Actual |
| 2025 | $36.58/hr | Actual |
| 2026(current) | $37.90/hr | Estimated |
| 2027 | $39.26/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in New Haven grew 11.8% from $32.73/hr (2019) to $36.58/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $39.26/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 New Haven 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 New Haven
On the part-time front, an insurance agent in New Haven working 24 hours a week could expect to earn approximately $47,187 annually, a figure that reflects a different financial strategy compared to full-time employment. While per diem insurance agent pay in New Haven varies, many opportunities tend to be commission-based rather than offering consistent hourly rates. Those who transition into consulting roles, such as risk managers or expert witnesses in coverage disputes, can command significantly higher rates, often reaching $200-$600 per hour, depending on their expertise and the complexity of the cases. Across different employer types, hourly compensation can differ markedly; captive agents may receive lower hourly rates but often enjoy benefits like health insurance, while independent brokers or larger commercial brokerages may offer higher rates with fewer benefits. Agents should consider these trade-offs during salary negotiations, aiming for a balance that meets their financial needs and lifestyle preferences.
More salary data for New Haven, CT:
Frequently Asked Questions
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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 New Haven. 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, 7-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