Insurance Agent Hourly Pay in Apple Valley, MN: $31.48 (2026)
Quick Answer:Hourly pay for a insurance agent working in Apple Valley, MN runs $31.48 at the median for 2026 — annualizing to $65,489 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Apple Valley's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $31.96 nationally would. A 24-hour part-time schedule grosses $39,292 per year.
Based on BLS state-level estimates · View source
Insurance agents in Apple Valley, MN, earn a median hourly pay of $31.48, slightly higher than the national median of $31.02. This rate offers an attractive opportunity for part-time workers who might engage in three-day work weeks, earning around $1,515, or about $78,660 annually if consistently full-time. Additionally, those pursuing per-diem opportunities in settings like client visits, agency offices, or even remote quote processing can benefit from the competitive hourly rate. The hourly pay range starts as low as $19.21 for entry-level positions and can go as high as $48.81 for the most successful agents, highlighting the potential for earnings growth based on experience and performance in different types of employment, whether in captive agent storefronts or independent agency offices.
About the Apple Valley Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $19.21 | $153.66 |
| Lower Range (P25) | $23.70 | $189.63 |
| Median (P50) | $31.48 | $251.87 |
| Upper Range (P75) | $40.30 | $322.40 |
| Top Earners (P90) | $48.81 | $390.45 |
Estimated Annual Income by Work Schedule in Apple Valley
Based on $31.48/hr median hourly rate · 2026 est.
At $31.48/hr, a insurance agent working full-time (40 hr/wk) in Apple Valley, MN can expect to earn approximately $65,487 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $37,781. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Apple Valley.
Hourly Rate Calculator
Schedule Comparison in Apple Valley
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,259.36 | $5,457 | $65,487 |
| Part-Time (24 hrs) | $755.62 | $3,274 | $39,292 |
| Per Diem (16 hrs) | $503.74 | $2,183 | $26,195 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Apple Valley) | $31.48 |
| 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 Apple Valley, MN earn a median of $65,489 per year (2026 est.), which is 1.50% higher than the national median of $64,522 and 3.00% below the Minnesota state average of $67,514.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $31.48/hr = $39,292/year (purchasing power: $39,890).
Working 40h/week (full-time) = $65,487/year (purchasing power: $66,484).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$24.86/hr
2025 BLS Actual
$30.39/hr
2026 Current Est.
$31.48/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Apple Valley (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $24.86/hr | Actual |
| 2020 | $25.46/hr | Actual |
| 2021 | $24.32/hr | Actual |
| 2022 | $28.23/hr | Actual |
| 2023 | $28.83/hr | Actual |
| 2024 | $31.22/hr | Actual |
| 2025 | $30.39/hr | Actual |
| 2026(current) | $31.48/hr | Estimated |
| 2027 | $32.62/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Apple Valley grew 22.3% from $24.86/hr (2019) to $30.39/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $32.62/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 Apple Valley 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 Apple Valley
The part-time earning potential for insurance agents can vary significantly, especially for those working a 24-hour week, who may see annual take-home earnings considerably less than full-time counterparts. While per-diem insurance agent pay in Apple Valley may present an appealing option, the reality is that most agents work under commission-based structures. Specialized roles, such as consulting risk managers or expert witnesses in coverage disputes, can command hourly rates of $200-$600, reflecting a different aspect of the profession. Hourly rates also exhibit variation based on employer types; captive agents might accept lower pay while securing benefits, while independent agents or commercial brokers may enjoy higher hourly rates with fewer benefits. For those seeking to maximize pay, practical negotiation strategies are essential, especially for hourly roles, ensuring alignment with the market standards reflective of both the local economic conditions and competitive practice in the insurance industry.
More salary data for Apple Valley, MN:
Frequently Asked Questions
What is the hourly rate for insurance agents in Apple Valley in 2026?
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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 Apple Valley. 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 Apple Valley 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