Insurance Agent Hourly Pay in South Bend, IN: $31.81 (2026)
Quick Answer:Hourly pay for a insurance agent working in South Bend, IN runs $31.81 at the median for 2026 — annualizing to $66,159 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against South Bend's regional price level (BEA RPP 92.9, 7% below national), each hour of work buys what $34.25 nationally would. A 24-hour part-time schedule grosses $39,693 per year.
Official BLS data · View source
In South Bend, Indiana, the insurance agent hourly pay for 2026 is projected to be $31.81, surpassing the national median of $31.02. This competitive rate offers opportunities for both part-time and per-diem workers within dynamic environments such as independent agency offices, captive agent storefronts, and large commercial brokerage floors. The hourly pay range is expansive, with earnings for entry-level positions starting at $19.27 and top earners potentially making $99.77 per hour, reflecting the varied nature of roles from personal lines to commercial specialty coverage. The data is grounded in reliable Bureau of Labor Statistics figures, offering a clear picture of the earning potential in the insurance sector in South Bend.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $19.27 | $154.16 |
| Lower Range (P25) | $23.49 | $187.89 |
| Median (P50) | $31.81 | $254.44 |
| Upper Range (P75) | $48.06 | $384.48 |
| Top Earners (P90) | $99.77 | $798.13 |
Estimated Annual Income by Work Schedule in South Bend
Based on $31.81/hr median hourly rate · 2026 est.
At $31.81/hr, a insurance agent working full-time (40 hr/wk) in South Bend, IN can expect to earn approximately $66,155 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $38,166. With a cost-of-living index of 92.86 (below the national average), these earnings stretch further in South Bend.
Hourly Rate Calculator
Schedule Comparison in South Bend
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,272.21 | $5,513 | $66,155 |
| Part-Time (24 hrs) | $763.32 | $3,308 | $39,693 |
| Per Diem (16 hrs) | $508.88 | $2,205 | $26,462 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (South Bend) | $31.81 |
| 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 South Bend, IN earn a median of $66,159 per year (2026 est.), which is 2.54% higher than the national median of $64,522 and 9.10% above the Indiana state average of $60,641.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $31.81/hr = $39,693/year (purchasing power: $42,746).
Working 40h/week (full-time) = $66,155/year (purchasing power: $71,243).
CoL index: 92.858 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$22.29/hr
2025 BLS Actual
$30.70/hr
2026 Current Est.
$31.81/hr
2019–2027 Growth
+47.8%
Hourly Rate Trajectory for Insurance Agents in South Bend (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $22.29/hr | Actual |
| 2020 | $21.11/hr | Actual |
| 2021 | $23.34/hr | Actual |
| 2022 | $30.75/hr | Actual |
| 2023 | $29.02/hr | Actual |
| 2024 | $28.30/hr | Actual |
| 2025 | $30.70/hr | Actual |
| 2026(current) | $31.81/hr | Estimated |
| 2027 | $32.95/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in South Bend grew 37.7% from $22.29/hr (2019) to $30.70/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $32.95/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 South Bend 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 South Bend
Examining earning scenarios for part-time insurance agents reveals interesting contrasts in annual income. For instance, an insurance agent working three days a week, totaling around 24 hours, might bring home approximately $39,229 annually, which is less than a full-time professional, but still a viable option for those seeking flexible schedules. The per diem insurance agent pay in South Bend is less common due to the commission-heavy nature of the workforce; most agents are compensated based on sales. While some consulting roles, especially those held by risk managers with CPCU or CIC credentials, can demand rates between $200-$400 per hour, full-time roles in commercial brokerages might provide comprehensive benefits—often a trade-off for a lower hourly rate but a considerable perk for those raising families or planning for retirement. Understanding these variances can help agents negotiate wisely for their compensation packages in South Bend's evolving insurance market.
More salary data for South Bend, IN:
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 South Bend. 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