Insurance Agent Hourly Pay in Nicholasville, KY: $28.91 (2026)
Quick Answer:Hourly pay for a insurance agent working in Nicholasville, KY runs $28.91 at the median for 2026 — annualizing to $60,148 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Nicholasville's regional price level (BEA RPP 89.3, 11% below national), each hour of work buys what $32.38 nationally would. A 24-hour part-time schedule grosses $36,086 per year.
Based on BLS state-level estimates · View source
In Nicholasville, Kentucky, insurance agents earn a median hourly wage of $28.91, which is notably lower than the national median of $31.02. This discrepancy may impact the earning potential of part-time and per-diem workers, particularly those who operate in varied settings such as independent agency offices or while providing commercial inspections. For those considering this profession, hourly earnings can fluctuate widely, ranging from $17.49 for entry-level positions to as much as $44.82 for experienced agents, reflecting a typical career path where agents can advance by developing their skills or specializing in complex commercial lines. These estimates are derived from 2025 BLS data, projected to 2026, showing a vibrant insurance market even at entry-level wages.
About the Nicholasville Market
Salary estimated from Kentucky average ($52,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $17.49 | $139.90 |
| Lower Range (P25) | $21.62 | $172.97 |
| Median (P50) | $28.91 | $231.32 |
| Upper Range (P75) | $37.02 | $296.13 |
| Top Earners (P90) | $44.82 | $358.54 |
Estimated Annual Income by Work Schedule in Nicholasville
Based on $28.91/hr median hourly rate · 2026 est.
At $28.91/hr, a insurance agent working full-time (40 hr/wk) in Nicholasville, KY can expect to earn approximately $60,143 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,698. With a cost-of-living index of 89.30 (below the national average), these earnings stretch further in Nicholasville.
Hourly Rate Calculator
Schedule Comparison in Nicholasville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,156.59 | $5,012 | $60,143 |
| Part-Time (24 hrs) | $693.95 | $3,007 | $36,086 |
| Per Diem (16 hrs) | $462.64 | $2,005 | $24,057 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Nicholasville) | $28.91 |
| 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 Nicholasville, KY earn a median of $60,148 per year (2026 est.), which is 6.78% lower than the national median of $64,522 and 1.50% below the Kentucky state average of $61,064.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $28.91/hr = $36,086/year (purchasing power: $40,409).
Working 40h/week (full-time) = $60,143/year (purchasing power: $67,349).
CoL index: 89.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$22.83/hr
2025 BLS Actual
$27.91/hr
2026 Current Est.
$28.91/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Nicholasville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $22.83/hr | Actual |
| 2020 | $23.38/hr | Actual |
| 2021 | $22.34/hr | Actual |
| 2022 | $25.93/hr | Actual |
| 2023 | $26.48/hr | Actual |
| 2024 | $21.99/hr | Actual |
| 2025 | $27.91/hr | Actual |
| 2026(current) | $28.91/hr | Estimated |
| 2027 | $29.96/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Nicholasville grew 22.3% from $22.83/hr (2019) to $27.91/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $29.96/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 Nicholasville 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 Nicholasville
When examining the earning potential for a part-time insurance agent working three days a week, taking home pay can fall significantly short of full-time salaries, often yielding an annual figure that may be less appealing in the competitive market. Per diem pay is not commonly seen in this field as the majority operate on a commission basis; however, established consultants in risk management can earn between $200 and $400 per hour. The insurance agent hourly pay in Nicholasville reflects the employer type, with captive agents typically earning less than independent agents or commercial brokers from large firms. Agents may face a trade-off between lower hourly rates that include benefits versus higher pay without. For professionals seeking higher pay, it's often advisable to negotiate for commission structures rather than sticking with base salaries, particularly in a market where commission-based roles are prevalent.
More salary data for Nicholasville, KY:
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 Nicholasville. 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 Nicholasville 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