Insurance Agent Hourly Pay in Brooklyn Park, MN: $32.20 (2026)
Quick Answer:Hourly pay for a insurance agent working in Brooklyn Park, MN runs $32.20 at the median for 2026 — annualizing to $66,965 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Brooklyn Park's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $32.69 nationally would. A 24-hour part-time schedule grosses $40,184 per year.
Based on BLS state-level estimates · View source
In Brooklyn Park, MN, insurance agents can expect to earn a median hourly pay of $32.20, slightly ahead of the national median hourly rate of $31.02. This figure is critical for those considering part-time roles or per-diem opportunities in settings ranging from independent agency offices to virtual policy quoting environments. Hourly rates for insurance agents in this area vary significantly, with entry-level positions starting at approximately $18.67 and experienced agents reaching up to $49.90. Understanding these hourly figures, which are derived from annual salary estimates, can aid potential candidates in evaluating their job options effectively.
About the Brooklyn Park 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) | $18.67 | $149.35 |
| Lower Range (P25) | $25.09 | $200.74 |
| Median (P50) | $32.20 | $257.59 |
| Upper Range (P75) | $41.21 | $329.70 |
| Top Earners (P90) | $49.90 | $399.23 |
Estimated Annual Income by Work Schedule in Brooklyn Park
Based on $32.20/hr median hourly rate · 2026 est.
At $32.20/hr, a insurance agent working full-time (40 hr/wk) in Brooklyn Park, MN can expect to earn approximately $66,974 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $38,639. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Brooklyn Park.
Hourly Rate Calculator
Schedule Comparison in Brooklyn Park
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,287.96 | $5,581 | $66,974 |
| Part-Time (24 hrs) | $772.77 | $3,349 | $40,184 |
| Per Diem (16 hrs) | $515.18 | $2,232 | $26,789 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Brooklyn Park) | $32.20 |
| 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 Brooklyn Park, MN earn a median of $66,965 per year (2026 est.), which is 3.79% higher than the national median of $64,522 and 0.90% below the Minnesota state average of $67,573.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $32.20/hr = $40,184/year (purchasing power: $40,796).
Working 40h/week (full-time) = $66,974/year (purchasing power: $67,994).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$25.42/hr
2025 BLS Actual
$31.08/hr
2026 Current Est.
$32.20/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Brooklyn Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $25.42/hr | Actual |
| 2020 | $26.04/hr | Actual |
| 2021 | $24.87/hr | Actual |
| 2022 | $28.87/hr | Actual |
| 2023 | $29.48/hr | Actual |
| 2024 | $31.92/hr | Actual |
| 2025 | $31.08/hr | Actual |
| 2026(current) | $32.20/hr | Estimated |
| 2027 | $33.36/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Brooklyn Park grew 22.3% from $25.42/hr (2019) to $31.08/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $33.36/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 Brooklyn Park 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 Brooklyn Park
When looking at the earning potential for part-time insurance agents working three days a week, the financial picture can shift notably compared to full-time roles. A part-time agent working 24 hours a week might take home significantly less annually than their full-time counterparts. Additionally, while per-diem roles and contract work are not the norm, many agents rely on commission-based earnings. Established professionals, such as consulting risk managers, can command hourly rates that lead to impressive annual incomes, distinguishing them from their peers in the field. Hourly rates can also vary depending on the type of employer in Brooklyn Park. Captive agents with companies like State Farm and Allstate might accept lower hourly rates, typically in exchange for benefits like health insurance, whereas independent agency agents may earn more without these additional perks. Negotiating for better hourly compensation is key, especially within diverse environments from life insurance carriers to commercial brokerages, where understanding the specific needs of clients can translate into higher daily pay.
More salary data for Brooklyn Park, MN:
Frequently Asked Questions
What is the hourly rate for insurance agents in Brooklyn Park 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 Brooklyn Park. 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 Brooklyn Park 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