Insurance Agent Hourly Pay in Piscataway, NJ: $35.53 (2026)
Quick Answer:Hourly pay for a insurance agent working in Piscataway, NJ runs $35.53 at the median for 2026 — annualizing to $73,913 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Piscataway's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $30.85 nationally would. A 24-hour part-time schedule grosses $44,347 per year.
Based on BLS state-level estimates · View source
Compensating insurance professionals in Piscataway, New Jersey, reflects a competitive landscape, with an average hourly rate of $35.53, favorably outpacing the national median of $31.02. This hourly figure positions the role well for part-time agents working three days a week, enabling them to earn a respectable income while balancing other commitments. For those interested in per-diem work, insurance agents typically operate in a range of settings, from captive agent storefronts to independent agency offices and client visits for policy consultations. The hourly range, starting at $20.61 for entry-level positions and going up to $55.08 for top performers, highlights the potential in this occupation, driven largely by the complexity of the services offered and client relationships built over time. These estimates are derived from projected annual salary data, indicating growth and demand in the insurance sector within Piscataway.
About the Piscataway 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) | $20.61 | $164.85 |
| Lower Range (P25) | $25.69 | $205.54 |
| Median (P50) | $35.53 | $284.28 |
| Upper Range (P75) | $45.48 | $363.84 |
| Top Earners (P90) | $55.08 | $440.67 |
Estimated Annual Income by Work Schedule in Piscataway
Based on $35.53/hr median hourly rate · 2026 est.
At $35.53/hr, a insurance agent working full-time (40 hr/wk) in Piscataway, NJ can expect to earn approximately $73,912 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $42,642. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Piscataway.
Hourly Rate Calculator
Schedule Comparison in Piscataway
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,421.39 | $6,159 | $73,912 |
| Part-Time (24 hrs) | $852.84 | $3,696 | $44,347 |
| Per Diem (16 hrs) | $568.56 | $2,464 | $29,565 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Piscataway) | $35.53 |
| 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 Piscataway, NJ earn a median of $73,913 per year (2026 est.), which is 14.55% higher than the national median of $64,522 and 0.60% below the New Jersey state average of $74,360.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $35.53/hr = $44,347/year (purchasing power: $38,496).
Working 40h/week (full-time) = $73,912/year (purchasing power: $64,160).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$28.05/hr
2025 BLS Actual
$34.30/hr
2026 Current Est.
$35.53/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Piscataway (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $28.05/hr | Actual |
| 2020 | $28.74/hr | Actual |
| 2021 | $27.45/hr | Actual |
| 2022 | $31.87/hr | Actual |
| 2023 | $32.54/hr | Actual |
| 2024 | $45.16/hr | Actual |
| 2025 | $34.30/hr | Actual |
| 2026(current) | $35.53/hr | Estimated |
| 2027 | $36.81/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Piscataway grew 22.3% from $28.05/hr (2019) to $34.30/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $36.81/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 Piscataway 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 Piscataway
Part-time insurance agents working a typical 24-hour week can expect to take home a significantly lower income annually compared to their full-time counterparts, yet they enjoy flexibility that traditional roles might not offer. For freelancers or 1099 workers in the insurance sector, per-diem scenarios are less common as most agents earn through commissions tied to sales or renewals. However, consulting opportunities exist, particularly for seasoned professionals with credentials like CPCU, allowing them to bill clients at hourly rates ranging from $200 to $400. The hourly pay for insurance agents in Piscataway can differ based on the employer; captive agents often earn less than brokers from large firms or independent agencies that have broader client bases and service offerings. Some professionals may opt for lower hourly rates in exchange for benefits like health insurance, making compensation negotiations critical. By understanding the market and specific employer characteristics, agents can better position themselves for fair compensation aligned with their skills and experiences in Piscataway.
More salary data for Piscataway, NJ:
Frequently Asked Questions
What is the hourly rate for insurance agents in Piscataway in 2026?
How much do part-time insurance agents make in Piscataway?
Are insurance agents in Piscataway paid hourly or salary?
How much does a full-time insurance agent make per year in Piscataway?
Do insurance agents earn more per hour working part-time in Piscataway?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Jersey
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 Piscataway. 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 Piscataway 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