Insurance Agent Hourly Pay in St. Cloud, MN: $27.72 (2026)
Quick Answer:Hourly pay for a insurance agent working in St. Cloud, MN runs $27.72 at the median for 2026 — annualizing to $57,674 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against St. Cloud's regional price level (BEA RPP 87.6, 12% below national), each hour of work buys what $31.64 nationally would. A 24-hour part-time schedule grosses $34,599 per year.
Official BLS data · View source
In St. Cloud, Minnesota, the estimated insurance agent hourly pay stands at $27.72, notably lower than the national median of $31.02 per hour. This difference reflects both local market conditions and the types of employment typically available in the area. For part-time workers, such as those engaging 24 hours per week, the earnings are substantial yet vary based on agency type and clientele; these could include roles in captive agent storefronts or independent agency offices. The hourly wage ranges from $15.49 for entry-level positions to $61.21 at the higher end for experienced agents, allowing for diverse opportunities whether working directly with clients through in-person visits or providing virtual policy quotes in today’s increasingly remote work environment. This data is sourced from the Bureau of Labor Statistics, ensuring its relevance and accuracy.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $15.49 | $123.91 |
| Lower Range (P25) | $23.47 | $187.72 |
| Median (P50) | $27.72 | $221.79 |
| Upper Range (P75) | $38.49 | $307.90 |
| Top Earners (P90) | $61.21 | $489.66 |
Estimated Annual Income by Work Schedule in St. Cloud
Based on $27.72/hr median hourly rate · 2026 est.
At $27.72/hr, a insurance agent working full-time (40 hr/wk) in St. Cloud, MN can expect to earn approximately $57,665 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $33,268. With a cost-of-living index of 87.63 (below the national average), these earnings stretch further in St. Cloud.
Hourly Rate Calculator
Schedule Comparison in St. Cloud
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,108.93 | $4,805 | $57,665 |
| Part-Time (24 hrs) | $665.36 | $2,883 | $34,599 |
| Per Diem (16 hrs) | $443.57 | $1,922 | $23,066 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (St. Cloud) | $27.72 |
| 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 St. Cloud, MN earn a median of $57,674 per year (2026 est.), which is 10.61% lower than the national median of $64,522 and 14.60% below the Minnesota state average of $67,534.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $27.72/hr = $34,599/year (purchasing power: $39,482).
Working 40h/week (full-time) = $57,665/year (purchasing power: $65,803).
CoL index: 87.632 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$28.90/hr
2025 BLS Actual
$26.76/hr
2026 Current Est.
$27.72/hr
2019–2027 Growth
+-0.6%
Hourly Rate Trajectory for Insurance Agents in St. Cloud (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $28.90/hr | Actual |
| 2020 | $20.92/hr | Actual |
| 2021 | $27.29/hr | Actual |
| 2022 | $27.18/hr | Actual |
| 2023 | $24.17/hr | Actual |
| 2024 | $28.35/hr | Actual |
| 2025 | $26.76/hr | Actual |
| 2026(current) | $27.72/hr | Estimated |
| 2027 | $28.72/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in St. Cloud grew -7.4% from $28.90/hr (2019) to $26.76/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $28.72/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 St. Cloud 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 St. Cloud
The earning potential for part-time insurance agents in St. Cloud varies significantly from their full-time counterparts, especially for those working three days a week. A part-time agent might bring home around $34,000 annually, depending on how commissions are structured within their agency. While many insurance agents work on a commission-only basis, opportunities for per-diem work are less common. Those who do delve into consulting roles, such as risk managers with CPCU credentials, can realize hourly rates between $200 and $400, showcasing the vast discrepancies in earnings based on specialization. Additionally, hourly rates for agents can differ markedly depending on the type of employer; captive agents may see steadier pay but often lower rates compared to independent brokers and large commercial firms, which typically command higher fees for specialty lines. While some insurance professionals sacrifice higher hourly wages for the stability of benefits like health insurance, negotiating hourly pay in St. Cloud often calls for clarity on these trade-offs, considering market competitiveness and personal financial goals.
More salary data for St. Cloud, MN:
Frequently Asked Questions
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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 St. Cloud. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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