Insurance Agent Hourly Pay in Williamsburg, VA: $27.55 (2026)
Quick Answer:Hourly pay for a insurance agent working in Williamsburg, VA runs $27.55 at the median for 2026 — annualizing to $57,303 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Williamsburg's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $26.69 nationally would. A 24-hour part-time schedule grosses $34,379 per year.
Based on BLS state-level estimates · View source
In 2026, the insurance agent hourly pay in Williamsburg, Virginia, is projected to be $27.55, falling below the national median hourly rate of $31.02. This disparity means that part-time insurance agents, who may work three days a week, will earn a lower hourly wage compared to their national counterparts. For those in per diem roles or working on a 1099 basis, typical settings include captive agent storefronts or independent agency offices, where opportunities for flexibility exist. Entry-level agents might start around $16.85 per hour, while more experienced agents can earn up to $42.70 per hour. It’s essential to keep in mind that these hourly rates are estimated based on annual salary data and reflect a combination of factors such as the local cost of living index, which stands at 103.2 in Williamsburg.
About the Williamsburg Market
Salary estimated from Virginia average ($62,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $16.85 | $134.76 |
| Lower Range (P25) | $20.65 | $165.18 |
| Median (P50) | $27.55 | $220.38 |
| Upper Range (P75) | $35.27 | $282.12 |
| Top Earners (P90) | $42.70 | $341.63 |
Estimated Annual Income by Work Schedule in Williamsburg
Based on $27.55/hr median hourly rate · 2026 est.
At $27.55/hr, a insurance agent working full-time (40 hr/wk) in Williamsburg, VA can expect to earn approximately $57,298 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $33,057. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Williamsburg.
Hourly Rate Calculator
Schedule Comparison in Williamsburg
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,101.89 | $4,775 | $57,298 |
| Part-Time (24 hrs) | $661.13 | $2,865 | $34,379 |
| Per Diem (16 hrs) | $440.76 | $1,910 | $22,919 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Williamsburg) | $27.55 |
| 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 Williamsburg, VA earn a median of $57,303 per year (2026 est.), which is 11.19% lower than the national median of $64,522 and 5.30% below the Virginia state average of $60,510.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $27.55/hr = $34,379/year (purchasing power: $33,313).
Working 40h/week (full-time) = $57,298/year (purchasing power: $55,522).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$21.75/hr
2025 BLS Actual
$26.59/hr
2026 Current Est.
$27.55/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Williamsburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $21.75/hr | Actual |
| 2020 | $22.28/hr | Actual |
| 2021 | $21.28/hr | Actual |
| 2022 | $24.70/hr | Actual |
| 2023 | $25.22/hr | Actual |
| 2024 | $29.13/hr | Actual |
| 2025 | $26.59/hr | Actual |
| 2026(current) | $27.55/hr | Estimated |
| 2027 | $28.54/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Williamsburg grew 22.3% from $21.75/hr (2019) to $26.59/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $28.54/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 Williamsburg 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 Williamsburg
Examining part-time earning potential, an insurance agent in Williamsburg working 24 hours per week could expect to make around $34,385 annually, in contrast to a full-time agent earning significantly more. Most insurance compensation structures revolve around commission; thus, traditional per-diem or hourly pay isn't the norm. However, consulting risk managers often charge $200-$400 per hour, while expert witnesses can bill $300-$600 hourly in coverage disputes. Hourly rates can vary significantly based on employer type – captive agents often earn less than those in independent agencies or large commercial brokerages, while online platforms are generally claims-focused. Some agents may opt for lower hourly pay in exchange for benefits, especially health insurance. Negotiation strategies are crucial in Williamsburg; agents should clearly assess their worth and leverage local market conditions to secure the best rates.
More salary data for Williamsburg, VA:
Frequently Asked Questions
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Related Pages
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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 Williamsburg. 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 Williamsburg 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