Insurance Agent Hourly Pay in Solon, OH: $27.42 (2026)
Quick Answer:Hourly pay for a insurance agent working in Solon, OH runs $27.42 at the median for 2026 — annualizing to $57,038 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Solon's regional price level (BEA RPP 90.7, 9% below national), each hour of work buys what $30.23 nationally would. A 24-hour part-time schedule grosses $34,224 per year.
Based on BLS state-level estimates · View source
In Solon, Ohio, the projected median hourly pay for insurance agents stands at $27.42, significantly below the national hourly median of $31.02. This rate reflects the typical context in which many insurance agents operate, from busy storefronts to home-based offices, often facilitating client meetings in various environments, including commercial spaces. For part-time workers, such as those clocking in roughly three days a week, this hourly rate enables income stability even with reduced hours. Entry-level agents may start at around $17.72 per hour, while those reaching the higher echelons of the profession can earn up to $42.51 hourly. These figures underscore a diverse earning potential for professionals at different stages of their careers, aiding in financial decision-making for those considering a path in insurance sales in Solon.
About the Solon Market
Salary estimated from Ohio average ($58,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $17.72 | $141.72 |
| Lower Range (P25) | $21.25 | $169.99 |
| Median (P50) | $27.42 | $219.38 |
| Upper Range (P75) | $35.10 | $280.80 |
| Top Earners (P90) | $42.51 | $340.06 |
Estimated Annual Income by Work Schedule in Solon
Based on $27.42/hr median hourly rate · 2026 est.
At $27.42/hr, a insurance agent working full-time (40 hr/wk) in Solon, OH can expect to earn approximately $57,040 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $32,908. With a cost-of-living index of 90.70 (below the national average), these earnings stretch further in Solon.
Hourly Rate Calculator
Schedule Comparison in Solon
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,096.92 | $4,753 | $57,040 |
| Part-Time (24 hrs) | $658.15 | $2,852 | $34,224 |
| Per Diem (16 hrs) | $438.77 | $1,901 | $22,816 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Solon) | $27.42 |
| 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 Solon, OH earn a median of $57,038 per year (2026 est.), which is 11.60% lower than the national median of $64,522 and 8.10% below the Ohio state average of $62,065.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $27.42/hr = $34,224/year (purchasing power: $37,733).
Working 40h/week (full-time) = $57,040/year (purchasing power: $62,888).
CoL index: 90.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$21.65/hr
2025 BLS Actual
$26.47/hr
2026 Current Est.
$27.42/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Solon (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $21.65/hr | Actual |
| 2020 | $22.18/hr | Actual |
| 2021 | $21.18/hr | Actual |
| 2022 | $24.59/hr | Actual |
| 2023 | $25.11/hr | Actual |
| 2024 | $23.24/hr | Actual |
| 2025 | $26.47/hr | Actual |
| 2026(current) | $27.42/hr | Estimated |
| 2027 | $28.41/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Solon grew 22.3% from $21.65/hr (2019) to $26.47/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $28.41/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 Solon 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 Solon
When examining the financial landscape for insurance agents, part-time employees working 24 hours a week could expect to take home a moderate income, significantly lower than full-time agents. The reality of per diem insurance agent pay in Solon reveals that 1099 work is rare; most compensation stems from commission-based models. Additionally, niche roles like consulting risk managers can command impressive fees ranging from $200 to $400 per hour, a stark contrast to typical agency rates. Moreover, hourly earnings can fluctuate vastly depending on the employer type—captive agencies may offer different packages compared to large commercial brokerages or independent agencies. Agents balancing benefits and hourly rates often must navigate the trade-offs involved—choosing between potentially lower hourly pay with health benefits against higher hourly pay without. For those negotiating hourly compensation, focusing on the comprehensive value of total benefits and payment structures can lead to more favorable outcomes in this evolving job market.
More salary data for Solon, OH:
Frequently Asked Questions
What is the hourly rate for insurance agents in Solon in 2026?
How much do part-time insurance agents make in Solon?
Are insurance agents in Solon paid hourly or salary?
How much does a full-time insurance agent make per year in Solon?
Do insurance agents earn more per hour working part-time in Solon?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Ohio
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 Solon. 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 Solon 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