Insurance Agent Hourly Pay in Bolingbrook, IL: $29.64 (2026)
Quick Answer:Hourly pay for a insurance agent working in Bolingbrook, IL runs $29.64 at the median for 2026 — annualizing to $61,643 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Bolingbrook's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $30.53 nationally would. A 24-hour part-time schedule grosses $36,991 per year.
Based on BLS state-level estimates · View source
In Bolingbrook, IL, the insurance agent hourly pay is set at a median of $29.64, which falls slightly below the national hourly median of $31.02. This competitive rate enables part-time agents, including those working three days a week, to earn a substantial income while maintaining a flexible schedule. For instance, working just 24 hours a week at this median rate could lead to an annual income of approximately $36,831. Entry-level agents might see hourly earnings starting at around $17.19, while seasoned professionals can command up to $45.94 per hour, reflective of their expertise and client base. These rates are derived from projected annual salaries in the insurance industry, which translates into opportunities in diverse settings such as captive storefronts, independent offices, and virtual environments catering to various customer needs.
About the Bolingbrook Market
Salary estimated from Illinois average ($68,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $17.19 | $137.50 |
| Lower Range (P25) | $23.10 | $184.82 |
| Median (P50) | $29.64 | $237.12 |
| Upper Range (P75) | $37.94 | $303.51 |
| Top Earners (P90) | $45.94 | $367.49 |
Estimated Annual Income by Work Schedule in Bolingbrook
Based on $29.64/hr median hourly rate · 2026 est.
At $29.64/hr, a insurance agent working full-time (40 hr/wk) in Bolingbrook, IL can expect to earn approximately $61,651 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $35,568. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Bolingbrook.
Hourly Rate Calculator
Schedule Comparison in Bolingbrook
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,185.60 | $5,138 | $61,651 |
| Part-Time (24 hrs) | $711.36 | $3,083 | $36,991 |
| Per Diem (16 hrs) | $474.24 | $2,055 | $24,660 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Bolingbrook) | $29.64 |
| 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 Bolingbrook, IL earn a median of $61,643 per year (2026 est.), which is 4.46% lower than the national median of $64,522 and 1.00% above the Illinois state average of $61,033.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $29.64/hr = $36,991/year (purchasing power: $38,095).
Working 40h/week (full-time) = $61,651/year (purchasing power: $63,492).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$23.40/hr
2025 BLS Actual
$28.61/hr
2026 Current Est.
$29.64/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Bolingbrook (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $23.40/hr | Actual |
| 2020 | $23.97/hr | Actual |
| 2021 | $22.90/hr | Actual |
| 2022 | $26.58/hr | Actual |
| 2023 | $27.14/hr | Actual |
| 2024 | $32.05/hr | Actual |
| 2025 | $28.61/hr | Actual |
| 2026(current) | $29.64/hr | Estimated |
| 2027 | $30.71/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Bolingbrook grew 22.3% from $23.40/hr (2019) to $28.61/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $30.71/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 Bolingbrook 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 Bolingbrook
In analyzing the earnings landscape for insurance agents, those opting for part-time roles can expect a notably different financial trajectory compared to their full-time counterparts. For example, working only three days per week limits an agent’s earning capacity, but many find it preferable to accommodate life balance. Per diem work is generally rare in this sector, with most compensation tied to commission structures. This trend contrasts sharply with the high fees paid to consultants or expert witnesses, who can bill at rates between $200 and $600 per hour, highlighting the disparity in earnings based on the nature of the work. Additionally, hourly rates can differ significantly depending on the type of employer. Captive agents, often with established carriers like State Farm or Allstate, may earn less but receive benefits that attract some agents to the lower hourly pay. Understanding these dynamics and considering negotiation strategies is crucial for agents navigating the job market in Bolingbrook, especially as they weigh the trade-offs between hourly pay and benefits packages offered by various firms.
More salary data for Bolingbrook, IL:
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 Bolingbrook. 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 Bolingbrook 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