Insurance Agent Salary in Bear, DE: $62,883 (2026)
Quick Answer:A full-time insurance agent in Bear, DE earns a median $62,883/year (≈ $30.23/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Bear's price level (2% above national, BEA RPP 101.7), that paycheck buys what $61,832 would nationally. Nominal pay sits 4.2% below the Delaware state average.
Based on BLS state-level estimates · View source
In Bear, Delaware, insurance agents are projected to earn a median annual salary of $62,883 in 2026, slightly below the national median of $64,522. The salary range reflects a broad spectrum of earning potential, from $39,750 at the lower end to $97,469 at the upper extreme. These figures are based on 2025 BLS OEWS data, projected to 2026, and adjusted for the local cost of living, which sits at a slightly above-average index of 101.7. This economic framework highlights the compounding nature of commissions, particularly the value derived from a robust book of business, where renewal commissions can significantly bolster long-term income.
About the Bear Market
Salary estimated from Delaware average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $39,750 | $19.11 |
| Lower Range (P25) | $48,074 | $23.11 |
| Median (P50)(typical) | $62,883 | $30.23 |
| Upper Range (P75) | $80,490 | $38.69 |
| Top Earners (P90) | $97,469 | $46.86 |
Median Salary Position
2.54% below the national average
2026 Salary Percentile Distribution in Bear
In Bear, DE, the insurance agent salary spread from the 10th to 90th percentile is $57,719 (2026 est.). At $62,883, the local median is 2.54% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Bear: You'd be in the lower-middle range
How Bear Insurance Agent Pay Compares
Bear median: $62,883/year (2026)
| Compared To | Median Salary | Bear Pays |
|---|---|---|
| Delaware Average | $65,640 | -4.20% less |
| National Average | $64,522 | -2.54% less |
Insurance Agents in Bear, DE earn a median of $62,883 per year (2026 est.), which is 2.54% lower than the national median of $64,522 and 4.20% below the Delaware state average of $65,640.
Cost-of-Living Adjusted Salary
Bear has a cost of living 1.70% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Bear, DE has a cost-of-living index of 101.7 (above the national average of 100). While the nominal salary of $62,883 is competitive, the higher cost of living reduces purchasing power to an effective $61,832 — a 1.67% reduction.
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2019 BLS Actual
$49,646
2025 BLS Actual
$60,698
2026 Current Est.
$62,883
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Bear (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $49,646 | Actual |
| 2020 | $50,855 | Actual |
| 2021 | $48,574 | Actual |
| 2022 | $56,390 | Actual |
| 2023 | $57,579 | Actual |
| 2024 | $60,425 | Actual |
| 2025 | $60,698 | Actual |
| 2026(current) | $62,883 | Estimated |
| 2027 | $65,147 | Projected |
Based on 7 years of BLS OEWS data for the Bear metropolitan area, the median insurance agent salary grew 22.3% from $49,646 (2019) to $60,698 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $65,147 by 2027 — a total increase of $15,501 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bear 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $39,750 – $48,074 |
| 3-5 years (Mid Career) | $48,074 – $62,883 |
| 5+ years (Experienced) | $62,883 – $80,490 |
| 10+ years (Top Earner) | $80,490 – $97,469 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Bear
The insurance agent market in Bear is relatively small, with only six agents currently employed in the area. While the local job market may appear limited, the potential for income growth remains, especially when considering the high commissions associated with commercial insurance policies compared to personal lines. Agents working with independent agencies or large brokerages often benefit from more lucrative pay structures, unlike captive agents who may face limitations on their earnings. To maximize compensation, professionals can focus on building a substantial book of business, prioritizing commercial accounts, and remaining adaptable to the evolving insurance landscape in Delaware. Understanding market dynamics and the spread between various agency models can significantly influence an agent's earning capabilities in Bear, DE.
More salary data for Bear, DE:
Frequently Asked Questions
How much do insurance agents make in Bear, DE in 2026?
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Can insurance agents make $100K in Bear?
What is the cost-of-living adjusted insurance agent salary in Bear?
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $60,698 for insurance agentsin the Bear metropolitan area. A 3.60% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Bear 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