Insurance Agent Hourly Pay in Lima, OH: $26.40 (2026)
Quick Answer:Hourly pay for a insurance agent working in Lima, OH runs $26.40 at the median for 2026 — annualizing to $54,898 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Lima's regional price level (BEA RPP 89.7, 10% below national), each hour of work buys what $29.44 nationally would. A 24-hour part-time schedule grosses $32,944 per year.
Official BLS data · View source
In Lima, Ohio, the projected median hourly pay for insurance agents is $26.40, which falls significantly below the national median of $31.02. This hourly rate is critical for understanding the earning potential for both part-time employees and per-diem workers, particularly in settings such as independent agency offices, captive agent storefronts, and commercial brokerage environments. For those working part-time, such as a typical schedule of three days a week, this translates to an annual income of approximately $20,900, significantly lower compared to full-time earnings. The hourly compensation ranges from $16.95 at the entry level up to $47.58 for the most experienced professionals, reflecting the breadth of opportunity found in this field based on the official BLS hourly data.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $16.95 | $135.59 |
| Lower Range (P25) | $20.54 | $164.35 |
| Median (P50) | $26.40 | $211.18 |
| Upper Range (P75) | $38.14 | $305.08 |
| Top Earners (P90) | $47.58 | $380.67 |
Estimated Annual Income by Work Schedule in Lima
Based on $26.40/hr median hourly rate · 2026 est.
At $26.40/hr, a insurance agent working full-time (40 hr/wk) in Lima, OH can expect to earn approximately $54,906 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $31,677. With a cost-of-living index of 89.67 (below the national average), these earnings stretch further in Lima.
Hourly Rate Calculator
Schedule Comparison in Lima
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,055.89 | $4,576 | $54,906 |
| Part-Time (24 hrs) | $633.53 | $2,745 | $32,944 |
| Per Diem (16 hrs) | $422.36 | $1,830 | $21,963 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Lima) | $26.40 |
| 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 Lima, OH earn a median of $54,898 per year (2026 est.), which is 14.92% lower than the national median of $64,522 and 11.50% below the Ohio state average of $62,031.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $26.40/hr = $32,944/year (purchasing power: $36,739).
Working 40h/week (full-time) = $54,906/year (purchasing power: $61,232).
CoL index: 89.669 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$22.52/hr
2025 BLS Actual
$25.48/hr
2026 Current Est.
$26.40/hr
2019–2027 Growth
+21.4%
Hourly Rate Trajectory for Insurance Agents in Lima (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $22.52/hr | Actual |
| 2020 | $23.61/hr | Actual |
| 2021 | $23.04/hr | Actual |
| 2022 | $21.46/hr | Actual |
| 2023 | $20.51/hr | Actual |
| 2024 | $24.68/hr | Actual |
| 2025 | $25.48/hr | Actual |
| 2026(current) | $26.40/hr | Estimated |
| 2027 | $27.35/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Lima grew 13.1% from $22.52/hr (2019) to $25.48/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $27.35/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 Lima 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 Lima
For part-time insurance agents who work about 24 hours per week in Lima, the take-home income varies widely compared to full-time agents. A per-diem model is less common in this profession, as most insurance agents tend to operate on a commission basis. While rates for expert consultants can soar to $200-$600 per hour, traditional insurance agent roles provide a more stable employment scenario but at a lower hourly rate. Compensation can fluctuate depending on the type of employer; captive agencies often offer salaries with benefits, while independent agencies and large brokerage firms may feature higher hourly pay but without the same level of employee benefits. Agents considering their options might weigh the guaranteed support from captive agents against potentially higher rates found in commercial brokerage environments. Negotiating for better pay or benefits in Lima could involve demonstrating specialized knowledge or regional expertise to leverage better compensation packages.
More salary data for Lima, OH:
Frequently Asked Questions
What is the hourly rate for insurance agents in Lima in 2026?
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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 Lima. 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