Insurance Agent Hourly Pay in North Bergen, NJ: $34.65 (2026)
Quick Answer:Hourly pay for a insurance agent working in North Bergen, NJ runs $34.65 at the median for 2026 — annualizing to $72,083 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against North Bergen's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $30.08 nationally would. A 24-hour part-time schedule grosses $43,248 per year.
Based on BLS state-level estimates · View source
The projected median hourly pay for insurance agents in North Bergen, NJ, is $34.65, a figure that is notably higher than the national median hourly rate of $31.02. This elevated difference offers compelling financial advantages for part-time workers and per-diem agents within the area, particularly in various settings such as independent agencies or corporate brokerage floors. For instance, a part-time insurance agent working three days a week can expect to earn $29,865 annually, which provides a solid compensation structure without the commitment required for full-time roles. While entry-level positions may see hourly wages starting around $21.16, the potential earnings can escalate up to $53.72 per hour for more experienced professionals, reflecting the diverse commission-based compensation prevalent in this industry. These estimates are derived from annual salary projections and illustrate the economic opportunities within North Bergen’s insurance sector.
About the North Bergen Market
Salary estimated from New Jersey average ($82,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $21.16 | $169.24 |
| Lower Range (P25) | $25.35 | $202.81 |
| Median (P50) | $34.65 | $277.23 |
| Upper Range (P75) | $44.36 | $354.89 |
| Top Earners (P90) | $53.72 | $429.73 |
Estimated Annual Income by Work Schedule in North Bergen
Based on $34.65/hr median hourly rate · 2026 est.
At $34.65/hr, a insurance agent working full-time (40 hr/wk) in North Bergen, NJ can expect to earn approximately $72,081 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $41,585. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in North Bergen.
Hourly Rate Calculator
Schedule Comparison in North Bergen
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,386.17 | $6,007 | $72,081 |
| Part-Time (24 hrs) | $831.70 | $3,604 | $43,248 |
| Per Diem (16 hrs) | $554.47 | $2,403 | $28,832 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (North Bergen) | $34.65 |
| 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 North Bergen, NJ earn a median of $72,083 per year (2026 est.), which is 11.72% higher than the national median of $64,522 and 3.00% below the New Jersey state average of $74,312.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $34.65/hr = $43,248/year (purchasing power: $37,542).
Working 40h/week (full-time) = $72,081/year (purchasing power: $62,570).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$27.36/hr
2025 BLS Actual
$33.45/hr
2026 Current Est.
$34.65/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in North Bergen (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $27.36/hr | Actual |
| 2020 | $28.03/hr | Actual |
| 2021 | $26.77/hr | Actual |
| 2022 | $31.08/hr | Actual |
| 2023 | $31.73/hr | Actual |
| 2024 | $44.04/hr | Actual |
| 2025 | $33.45/hr | Actual |
| 2026(current) | $34.65/hr | Estimated |
| 2027 | $35.90/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in North Bergen grew 22.3% from $27.36/hr (2019) to $33.45/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $35.90/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 North Bergen 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 North Bergen
When considering part-time employment in North Bergen, an insurance agent working a typical 24-hour week takes home approximately $29,865 annually, substantially less than a full-time colleague. The landscape for per-diem work is more nuanced; while actual 1099 compensation is uncommon, some agents may engage in independent consulting in roles such as risk management, where hourly fees can range from $200 to $400. In contrast, expert witness roles in coverage disputes can command even higher rates, from $300 to $600 per hour. Hourly rates can differ markedly based on the type of agency as well; captive agents from firms like State Farm and Allstate typically have lower pay compared to independent brokers or those working for large firms focusing on commercial lines. Furthermore, some agents may prioritize hourly rates that allow for benefits, opting for a trade-off between immediate pay and job security. Negotiation skills play a vital role in this environment; agents should emphasize their licensing credentials and industry experience to advocate for competitive wages while considering the nuances of their specific employment type.
More salary data for North Bergen, NJ:
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 North Bergen. 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 North Bergen 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