Insurance Agent Hourly Pay in North Miami Beach, FL: $25.56 (2026)
Quick Answer:Hourly pay for a insurance agent working in North Miami Beach, FL runs $25.56 at the median for 2026 — annualizing to $53,158 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against North Miami Beach's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $25.36 nationally would. A 24-hour part-time schedule grosses $31,897 per year.
Based on BLS state-level estimates · View source
In North Miami Beach, the insurance agent hourly pay is projected to be $25.56 in 2026, significantly below the national median of $31.02. This lower rate may impact part-time workers, such as those operating on a three-day weekly schedule, as they could take home approximately $24,500 annually for 24 hours of work each week. Per-diem insurance agents working in various settings—from captive storefronts to independent agency offices—will see an hourly range from $16.07 for entry-level positions to a peak of $39.62 for top earners in specialized areas. The local market, with its unique blend of commercial, personal lines, and virtual policy sales, presents various opportunities; however, prospective agents should consider how the averages reflect the competitive nature of the industry in Florida.
About the North Miami Beach Market
Salary estimated from Florida average ($62,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $16.07 | $128.55 |
| Lower Range (P25) | $19.54 | $156.31 |
| Median (P50) | $25.56 | $204.46 |
| Upper Range (P75) | $32.72 | $261.74 |
| Top Earners (P90) | $39.62 | $316.93 |
Estimated Annual Income by Work Schedule in North Miami Beach
Based on $25.56/hr median hourly rate · 2026 est.
At $25.56/hr, a insurance agent working full-time (40 hr/wk) in North Miami Beach, FL can expect to earn approximately $53,161 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $30,670. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in North Miami Beach.
Hourly Rate Calculator
Schedule Comparison in North Miami Beach
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,022.32 | $4,430 | $53,161 |
| Part-Time (24 hrs) | $613.39 | $2,658 | $31,897 |
| Per Diem (16 hrs) | $408.93 | $1,772 | $21,264 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (North Miami Beach) | $25.56 |
| 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 North Miami Beach, FL earn a median of $53,158 per year (2026 est.), which is 17.61% lower than the national median of $64,522 and 5.00% below the Florida state average of $55,956.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $25.56/hr = $31,897/year (purchasing power: $31,643).
Working 40h/week (full-time) = $53,161/year (purchasing power: $52,739).
CoL index: 100.8 (100 = national average).
2019 BLS Actual
$20.18/hr
2025 BLS Actual
$24.67/hr
2026 Current Est.
$25.56/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in North Miami Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.18/hr | Actual |
| 2020 | $20.67/hr | Actual |
| 2021 | $19.74/hr | Actual |
| 2022 | $22.92/hr | Actual |
| 2023 | $23.40/hr | Actual |
| 2024 | $28.54/hr | Actual |
| 2025 | $24.67/hr | Actual |
| 2026(current) | $25.56/hr | Estimated |
| 2027 | $26.48/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in North Miami Beach grew 22.3% from $20.18/hr (2019) to $24.67/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $26.48/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 North Miami Beach 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 North Miami Beach
For part-time agents in North Miami Beach, earning potential significantly differs compared to full-time professionals. A part-time schedule can yield lower annual earnings, potentially discouraging many from pursuing this path. While per-diem and 1099 compensation structures are not common, consulting opportunities for experienced agents in risk management can command much higher hourly rates, ranging from $200 to $600 depending on the service provided. Differences in employer types also affect compensation; independent agencies and large brokerage firms may offer more competitive rates compared to captive agents, who traditionally earn lower because of structured commission payouts. Some agents opt for a lower hourly pay in exchange for benefits such as health insurance. Negotiating for a better rate, especially in the bustling market of North Miami Beach, can involve leveraging qualifications like CPCU or CIC credentials to stand out among peers, ensuring agents find a balance between hourly compensation and benefits that suit their career objectives.
More salary data for North Miami Beach, FL:
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 North Miami Beach. 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 North Miami Beach 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