Insurance Agent Hourly Pay in Southfield, MI: $30.09 (2026)
Quick Answer:Hourly pay for a insurance agent working in Southfield, MI runs $30.09 at the median for 2026 — annualizing to $62,583 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Southfield's regional price level (BEA RPP 93.2, 7% below national), each hour of work buys what $32.28 nationally would. A 24-hour part-time schedule grosses $37,547 per year.
Based on BLS state-level estimates · View source
In Southfield, Michigan, the insurance agent hourly pay is projected to reach a median rate of $30.09 in 2026. This figure slightly trails the national median of $31.02, indicating a modest local labor market for professionals in the industry. For part-time workers, particularly those contributing about three days a week, this rate can lead to annual earnings that scale with hours worked, making it a viable option for those seeking flexible employment in customer service environments such as agency offices or remote policy sales. With the hourly pay ranging from $17.45 for entry-level agents to as much as $46.64 for the most experienced, there are various earning potentials reflective of skill and market demand in Southfield.
About the Southfield Market
Salary estimated from Michigan average ($58,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $17.45 | $139.57 |
| Lower Range (P25) | $21.86 | $174.88 |
| Median (P50) | $30.09 | $240.68 |
| Upper Range (P75) | $38.51 | $308.06 |
| Top Earners (P90) | $46.64 | $373.13 |
Estimated Annual Income by Work Schedule in Southfield
Based on $30.09/hr median hourly rate · 2026 est.
At $30.09/hr, a insurance agent working full-time (40 hr/wk) in Southfield, MI can expect to earn approximately $62,578 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $36,103. With a cost-of-living index of 93.20 (below the national average), these earnings stretch further in Southfield.
Hourly Rate Calculator
Schedule Comparison in Southfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,203.42 | $5,215 | $62,578 |
| Part-Time (24 hrs) | $722.05 | $3,129 | $37,547 |
| Per Diem (16 hrs) | $481.37 | $2,086 | $25,031 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Southfield) | $30.09 |
| 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 Southfield, MI earn a median of $62,583 per year (2026 est.), which is 3.01% lower than the national median of $64,522 and 0.30% below the Michigan state average of $62,771.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $30.09/hr = $37,547/year (purchasing power: $40,286).
Working 40h/week (full-time) = $62,578/year (purchasing power: $67,143).
CoL index: 93.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$23.75/hr
2025 BLS Actual
$29.04/hr
2026 Current Est.
$30.09/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Southfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $23.75/hr | Actual |
| 2020 | $24.33/hr | Actual |
| 2021 | $23.24/hr | Actual |
| 2022 | $26.98/hr | Actual |
| 2023 | $27.55/hr | Actual |
| 2024 | $25.92/hr | Actual |
| 2025 | $29.04/hr | Actual |
| 2026(current) | $30.09/hr | Estimated |
| 2027 | $31.17/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Southfield grew 22.3% from $23.75/hr (2019) to $29.04/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $31.17/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 Southfield 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 Southfield
When considering part-time work, an insurance agent logging around 24 hours weekly could expect to net approximately $37,000 annually, as opposed to a full-time counterpart. Notably, while per diem insurance agent pay in Southfield is rare, those earning commissions can diversify their income through consulting opportunities, where former credentialed professionals can charge upwards of $200 to $400 per hour. Diverse employer types influence hourly rates; agents associated with captive carriers like State Farm often enjoy steady business alongside structured benefits, contrasting with independent agents or brokers who may see higher hourly rates due to their commission-based structures. When negotiating pay, insurance agents should weigh the trade-offs between hourly compensation and health benefits, particularly as some employers might offer lower hourly wages with robust coverage packages, a crucial consideration in the competitive insurance landscape of MI.
More salary data for Southfield, MI:
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 Southfield. 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 Southfield 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