Insurance Agent Hourly Pay in Essex Junction, VT: $30.35 (2026)
Quick Answer:Hourly pay for a insurance agent working in Essex Junction, VT runs $30.35 at the median for 2026 — annualizing to $63,133 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Essex Junction's regional price level (BEA RPP 103.5, 4% above national), each hour of work buys what $29.33 nationally would. A 24-hour part-time schedule grosses $37,883 per year.
Based on BLS state-level estimates · View source
Insurance agents in Essex Junction, VT, see a median hourly pay of $30.35, slightly trailing the national median of $31.02. This rate offers solid earning potential, making it feasible for part-time workers. For those working three days a week, typically around 24 hours, it can provide a reliable income over time. The hourly rates range from $18.47 for entry-level positions to $47.04 for top earners, indicating a growing opportunity for those entering the industry. Various work environments, including captive agency storefronts, independent offices, and even virtual platforms, affect these hourly earnings, presenting diverse paths for professionals in this field. Hourly pay estimates draw largely from annual salary data, providing a broad framework for understanding compensation dynamics in the insurance sector in Essex Junction.
About the Essex Junction Market
Salary estimated from Vermont average ($58,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.47 | $147.78 |
| Lower Range (P25) | $23.88 | $191.04 |
| Median (P50) | $30.35 | $242.84 |
| Upper Range (P75) | $38.85 | $310.80 |
| Top Earners (P90) | $47.04 | $376.36 |
Estimated Annual Income by Work Schedule in Essex Junction
Based on $30.35/hr median hourly rate · 2026 est.
At $30.35/hr, a insurance agent working full-time (40 hr/wk) in Essex Junction, VT can expect to earn approximately $63,138 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $36,426. With a cost-of-living index of 103.50 (above the national average), these earnings may be offset by higher expenses in Essex Junction.
Hourly Rate Calculator
Schedule Comparison in Essex Junction
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,214.19 | $5,261 | $63,138 |
| Part-Time (24 hrs) | $728.52 | $3,157 | $37,883 |
| Per Diem (16 hrs) | $485.68 | $2,105 | $25,255 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Essex Junction) | $30.35 |
| 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 Essex Junction, VT earn a median of $63,133 per year (2026 est.), which is 2.15% lower than the national median of $64,522 and 5.50% below the Vermont state average of $66,807.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $30.35/hr = $37,883/year (purchasing power: $36,602).
Working 40h/week (full-time) = $63,138/year (purchasing power: $61,003).
CoL index: 103.5 (100 = national average).
2019 BLS Actual
$23.97/hr
2025 BLS Actual
$29.30/hr
2026 Current Est.
$30.35/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Essex Junction (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $23.97/hr | Actual |
| 2020 | $24.55/hr | Actual |
| 2021 | $23.45/hr | Actual |
| 2022 | $27.22/hr | Actual |
| 2023 | $27.79/hr | Actual |
| 2024 | $27.28/hr | Actual |
| 2025 | $29.30/hr | Actual |
| 2026(current) | $30.35/hr | Estimated |
| 2027 | $31.45/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Essex Junction grew 22.3% from $23.97/hr (2019) to $29.30/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $31.45/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 Essex Junction 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 Essex Junction
Beyond the basic hourly structure, the part-time potential for insurance agents can translate into substantial yearly earnings. For instance, a part-time worker at 24 hours per week could earn around $37,924 annually, while those who go full-time significantly enhance their income possibilities. However, per-diem arrangements in this profession are not the norm, with most agents relying on commission-based compensation. Those with expertise, such as risk managers, can charge between $200 to $400 per hour for consulting roles. The pay varies widely across employer types; captive agents tend to earn lower hourly rates compared to those in independent agencies or large commercial brokerages. Some agents might accept lower hourly pay for additional benefits like health insurance, whereas others prefer higher payouts without such coverage. To negotiate effectively in Essex Junction, it’s advisable to understand the market dynamics and be aware of one's value based on the type of agency and clientele served.
More salary data for Essex Junction, VT:
Frequently Asked Questions
What is the hourly rate for insurance agents in Essex Junction 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 Essex Junction. 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 Essex Junction 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