Insurance Agent Hourly Pay in Myrtle Beach, SC: $23.38 (2026)
Quick Answer:Hourly pay for a insurance agent working in Myrtle Beach, SC runs $23.38 at the median for 2026 — annualizing to $48,640 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Myrtle Beach's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $24.97 nationally would. A 24-hour part-time schedule grosses $29,181 per year.
Official BLS data · View source
Insurance agents in Myrtle Beach, SC, can anticipate a median hourly pay of $23.38 in 2026, which falls short when compared to the national median of $31.02. This hourly wage highlights the earning potential for part-time or per-diem workers within various settings, such as captive agency storefronts or independent agency offices, where agents may work flexibly to accommodate client needs. The hourly range for insurance agents in this area extends from $17.95 at the entry level to $60.34 for the highest earners. These figures are reflective of the official BLS hourly data, showcasing the financial outlook for those in the profession across Myrtle Beach.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $17.95 | $143.63 |
| Lower Range (P25) | $18.17 | $145.37 |
| Median (P50) | $23.38 | $187.06 |
| Upper Range (P75) | $36.24 | $289.91 |
| Top Earners (P90) | $60.34 | $482.69 |
Estimated Annual Income by Work Schedule in Myrtle Beach
Based on $23.38/hr median hourly rate · 2026 est.
At $23.38/hr, a insurance agent working full-time (40 hr/wk) in Myrtle Beach, SC can expect to earn approximately $48,636 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $28,059. With a cost-of-living index of 93.64 (below the national average), these earnings stretch further in Myrtle Beach.
Hourly Rate Calculator
Schedule Comparison in Myrtle Beach
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $935.30 | $4,053 | $48,636 |
| Part-Time (24 hrs) | $561.18 | $2,432 | $29,181 |
| Per Diem (16 hrs) | $374.12 | $1,621 | $19,454 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Myrtle Beach) | $23.38 |
| 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 Myrtle Beach, SC earn a median of $48,640 per year (2026 est.), which is 24.61% lower than the national median of $64,522 and 23.90% below the South Carolina state average of $63,916.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $23.38/hr = $29,181/year (purchasing power: $31,163).
Working 40h/week (full-time) = $48,636/year (purchasing power: $51,938).
CoL index: 93.642 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$24.17/hr
2025 BLS Actual
$22.57/hr
2026 Current Est.
$23.38/hr
2019–2027 Growth
+0.2%
Hourly Rate Trajectory for Insurance Agents in Myrtle Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $24.17/hr | Actual |
| 2020 | $22.16/hr | Actual |
| 2021 | $21.98/hr | Actual |
| 2022 | $24.65/hr | Actual |
| 2023 | $23.53/hr | Actual |
| 2024 | $22.29/hr | Actual |
| 2025 | $22.57/hr | Actual |
| 2026(current) | $23.38/hr | Estimated |
| 2027 | $24.22/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Myrtle Beach grew -6.6% from $24.17/hr (2019) to $22.57/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $24.22/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 Myrtle Beach 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 Myrtle Beach
For insurance agents contemplating part-time work, the reality of a 24-hour workweek (three days) means annual earnings may significantly differ from those of full-timers. While per-diem arrangements are not common—most compensation structures hinge on commission—some insurance consultants, particularly those with CPCU credentials, can command fees ranging from $200 to $400 per hour, especially when serving as expert witnesses in coverage disputes at rates of $300 to $600 per hour. Salary dynamics in Myrtle Beach can vary by employer type; agents working with large brokerages may see differing pay compared to those associated with traditional captive agents such as State Farm or Allstate. The trade-off between hourly rates and benefits can be crucial; agents who accept lower hourly rates often receive more substantial health benefits, while others may prefer the flexibility—even at a higher rate—without the safety net of these advantages. For those negotiating hourly compensation in Myrtle Beach, emphasizing specialist credentials or unique collaborations can enhance negotiating leverage.
More salary data for Myrtle Beach, SC:
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 Myrtle Beach. 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