Insurance Agent Hourly Pay in Corvallis, OR: $24.48 (2026)
Quick Answer:Hourly pay for a insurance agent working in Corvallis, OR runs $24.48 at the median for 2026 — annualizing to $50,909 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Corvallis's regional price level (BEA RPP 104.0, 4% above national), each hour of work buys what $23.54 nationally would. A 24-hour part-time schedule grosses $30,552 per year.
Official BLS data · View source
Insurance agents in Corvallis, Oregon, earn a median hourly rate of $24.48, which falls significantly below the national median of $31.02 per hour. This disparity highlights the local economic factors influencing pay in the area. For part-time workers typically employed three days a week, this rate translates into approximately $1,177 each week based on a 24-hour schedule, a modest income compared to full-time professionals. The hourly range for insurance agents in Corvallis runs from $18.96 for entry-level roles to $41.34 for the highest earners, reflecting the experience and specialization within various segments of the profession. Agents typically work in diverse settings such as independent agency offices, captive agent storefronts, and corporate floors of large brokerages, including both onsite and remote environments conducive to client interaction.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.96 | $151.67 |
| Lower Range (P25) | $22.27 | $178.19 |
| Median (P50) | $24.48 | $195.85 |
| Upper Range (P75) | $34.61 | $276.90 |
| Top Earners (P90) | $41.34 | $330.69 |
Estimated Annual Income by Work Schedule in Corvallis
Based on $24.48/hr median hourly rate · 2026 est.
At $24.48/hr, a insurance agent working full-time (40 hr/wk) in Corvallis, OR can expect to earn approximately $50,920 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $29,377. With a cost-of-living index of 104.02 (above the national average), these earnings may be offset by higher expenses in Corvallis.
Hourly Rate Calculator
Schedule Comparison in Corvallis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $979.23 | $4,243 | $50,920 |
| Part-Time (24 hrs) | $587.54 | $2,546 | $30,552 |
| Per Diem (16 hrs) | $391.69 | $1,697 | $20,368 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Corvallis) | $24.48 |
| 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 Corvallis, OR earn a median of $50,909 per year (2026 est.), which is 21.10% lower than the national median of $64,522 and 19.40% below the Oregon state average of $63,163.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $24.48/hr = $30,552/year (purchasing power: $29,372).
Working 40h/week (full-time) = $50,920/year (purchasing power: $48,953).
CoL index: 104.017 (100 = national average).
2019 BLS Actual
$22.40/hr
2025 BLS Actual
$23.63/hr
2026 Current Est.
$24.48/hr
2019–2027 Growth
+13.2%
Hourly Rate Trajectory for Insurance Agents in Corvallis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $22.40/hr | Actual |
| 2020 | $24.44/hr | Actual |
| 2021 | $23.57/hr | Actual |
| 2022 | $22.28/hr | Actual |
| 2023 | $22.26/hr | Actual |
| 2024 | $27.40/hr | Actual |
| 2025 | $23.63/hr | Actual |
| 2026(current) | $24.48/hr | Estimated |
| 2027 | $25.36/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Corvallis grew 5.5% from $22.40/hr (2019) to $23.63/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $25.36/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 Corvallis 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 Corvallis
Analyzing the earning potential for part-time insurance agents reveals an annual take-home of around $61,504, which can make this a viable option for those balancing other commitments. Per-diem work scenarios are less common, as most insurance compensation aligns with commission structures. However, consulting roles for experienced professionals, such as those with CPCU credentials, can command billing rates between $200 to $400 per hour, while expert witness positions in coverage disputes may range from $300 to $600 per hour. Hourly rates vary greatly depending on employer types in Corvallis, with captive agents often earning less than those at independent agencies or large brokerages specializing in commercial insurance. While some may opt for lower hourly rates at captive agencies for the benefits, those in private practices might seek higher rates without such supports. For those negotiating pay, understanding the local market and aligning desired compensation with employer capabilities is essential for achieving favorable outcomes.
More salary data for Corvallis, OR:
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 Corvallis. 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