Insurance Agent Hourly Pay in Wyoming, MI: $30.93 (2026)
Quick Answer:Hourly pay for a insurance agent working in Wyoming, MI runs $30.93 at the median for 2026 — annualizing to $64,354 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Wyoming's regional price level (BEA RPP 93.2, 7% below national), each hour of work buys what $33.19 nationally would. A 24-hour part-time schedule grosses $38,607 per year.
Based on BLS state-level estimates · View source
In Wyoming, Michigan, the insurance agent hourly pay is projected to reach $30.93 in 2026, slightly below the national hourly median of $31.02. This rate provides a solid income for both full-time and part-time agents, enabling those who may work three days a week in typical settings—like captive agency storefronts or independent offices—to earn a respectable wage. The hourly pay range for insurance agents in this area spans from $18.01 at the entry level to $47.96 for top earners, reflecting the variation in experience and specialization. These figures, derived from annual salary estimates, make it clear that even part-time positions can yield substantial income depending on the agent's commission structure, especially when engaging with clients for commercial policy services or performing remote quoting.
About the Wyoming 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) | $18.01 | $144.05 |
| Lower Range (P25) | $22.67 | $181.34 |
| Median (P50) | $30.93 | $247.48 |
| Upper Range (P75) | $39.61 | $316.85 |
| Top Earners (P90) | $47.96 | $383.65 |
Estimated Annual Income by Work Schedule in Wyoming
Based on $30.93/hr median hourly rate · 2026 est.
At $30.93/hr, a insurance agent working full-time (40 hr/wk) in Wyoming, MI can expect to earn approximately $64,345 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $37,122. With a cost-of-living index of 93.20 (below the national average), these earnings stretch further in Wyoming.
Hourly Rate Calculator
Schedule Comparison in Wyoming
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,237.40 | $5,362 | $64,345 |
| Part-Time (24 hrs) | $742.44 | $3,217 | $38,607 |
| Per Diem (16 hrs) | $494.96 | $2,145 | $25,738 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Wyoming) | $30.93 |
| 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 Wyoming, MI earn a median of $64,354 per year (2026 est.), which is 0.26% lower than the national median of $64,522 and 2.60% above the Michigan state average of $62,723.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $30.93/hr = $38,607/year (purchasing power: $41,424).
Working 40h/week (full-time) = $64,345/year (purchasing power: $69,039).
CoL index: 93.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$24.42/hr
2025 BLS Actual
$29.86/hr
2026 Current Est.
$30.93/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Wyoming (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $24.42/hr | Actual |
| 2020 | $25.02/hr | Actual |
| 2021 | $23.90/hr | Actual |
| 2022 | $27.74/hr | Actual |
| 2023 | $28.33/hr | Actual |
| 2024 | $26.05/hr | Actual |
| 2025 | $29.86/hr | Actual |
| 2026(current) | $30.93/hr | Estimated |
| 2027 | $32.05/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Wyoming grew 22.3% from $24.42/hr (2019) to $29.86/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $32.05/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 Wyoming 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 Wyoming
Considering the distinctive nature of work in Wyoming, part-time agents, for example, could expect to take home approximately $39,000 annually by working 24 hours a week, but this could decrease or increase based on their commission structure and the type of insurance they sell. Unlike some professions, per diem or contract work for insurance agents is less common, with the majority earning through commissions rather than hourly wages—making performance a key factor in earnings. With organizations such as State Farm and Allstate dominating the captive model, agents there might accept lower hourly pay in exchange for employee benefits. In contrast, independent agents or those working in large commercial firms may command higher hourly rates but often with less job security. Agents looking to negotiate their pay should articulate their specialty knowledge and leverage data on competitor rates, as this can enhance their marketability in an evolving environment where the traditional commission structures are adapting rapidly.
More salary data for Wyoming, MI:
Frequently Asked Questions
What is the hourly rate for insurance agents in Wyoming in 2026?
How much do part-time insurance agents make in Wyoming?
Are insurance agents in Wyoming paid hourly or salary?
How much does a full-time insurance agent make per year in Wyoming?
Do insurance agents earn more per hour working part-time in Wyoming?
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 Wyoming. 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 Wyoming 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