Insurance Agent Salary in Maine: $66,815 (2026)
Quick Answer:Across Maine's 10 metropolitan areas, the average median insurance agent pay sits at $66,815/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 41-3021. Because Maine sits at BEA RPP 99.6 (0% above the U.S. baseline), that statewide median translates to roughly $67,083 in nationally-comparable purchasing power. Highest-paying metros: Portland ($65,950), South Portland ($65,668), Bangor ($60,850).
For those considering a career as an insurance agent in Maine, the projected average median salary in 2026 is $66,816, which is a 3.6% increase compared to the national median of $64,522. This places Maine slightly above the national average, with Portland leading as the highest-paying city at $68,324, while Auburn offers the lowest salary at $59,284, resulting in a salary gap of $9,040. Factors contributing to this difference include demand for insurance services, cost of living variations, and local market competition. In Maine, aspiring insurance agents must navigate state-specific licensing requirements and scope of practice laws. These regulations ensure that agents are well-qualified to advise clients on various policies. The projected employment growth rate for insurance agents in Maine is anticipated to be 3.60%, indicating a steady demand for professionals in this field. The job market for insurance agents in Maine shows a total employment figure of 1,385, with projected earnings in other notable cities such as South Portland at $68,032, Bangor at $63,041, Scarborough at $61,315, and Biddeford at $60,802. This data suggests a solid outlook for individuals entering this profession.
Maine Insurance Agent Salary Range
Overall salary range in Maine: $35,417 (lowest entry-level) to $111,826 (highest top earner)
Maine vs National Average
Maine insurance agents earn 3.55% more than the national median (+$2,293/year difference).
Maine Insurance Agent Salary Distribution (2026)
Insurance Agent salaries in Maine range from $51,149 (entry-level, 10th percentile) to $106,425 (top earners, 90th percentile), with a median of $66,815. The Maine median is $2,293 above the US national median of $64,522. The average hourly rate is $32.12/hr. Approximately 1,385 insurance agents are employed across 10 cities.
2019 BLS Actual
$58,152
2025 BLS Actual
$64,494
2026 Current Est.
$66,815
2019–2027 Growth
+19.0%
Salary Trajectory for Insurance Agents in Maine (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $58,152 | Actual |
| 2020 | $66,720 | Actual |
| 2021 | $59,213 | Actual |
| 2022 | $61,002 | Actual |
| 2023 | $61,790 | Actual |
| 2024 | $61,024 | Actual |
| 2025 | $64,494 | Actual |
| 2026(current) | $66,815 | Estimated |
| 2027 | $69,221 | Projected |
Based on 7 years of BLS OEWS data for the Maine metropolitan area, the median insurance agent salary grew 10.9% from $58,152 (2019) to $64,494 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $69,221 by 2027 — a total increase of $11,069 (19.03%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Maine 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.
Top 5 Highest Paying Cities in Maine
Lowest Paying Cities in Maine
Best Value Cities for Insurance Agents in Maine
When adjusted for local cost of living, these Maine cities offer the most purchasing power for insurance agents.
| City | Nominal Salary | CoL Index | Adjusted Salary |
|---|---|---|---|
| South Portland | $68,032 | 99.6 | $68,305 |
| Portland | $68,324 | 101.858 | $67,078 |
| Bangor | $63,041 | 96.508 | $65,322 |
| Lewiston | $59,301 | 94.736 | $62,596 |
| Scarborough | $61,315 | 99.6 | $61,561 |
Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.
Salary by Experience Level in Maine
| Experience Level | Estimated Annual |
|---|---|
| Entry Level (0-2 years) | $51,149 |
| Mid Career (3-7 years) | $66,815 |
| Experienced (7+ years) | $106,425 |
Estimates based on BLS percentile data averaged across Maine metro areas. Individual pay varies by employer, certifications, and specialization.
All 10 Cities in Maine
| # | City | Median Salary |
|---|---|---|
| 1 | Portland | $68,324 |
| 2 | South Portland | $68,032 |
| 3 | Bangor | $63,041 |
| 4 | Scarborough | $61,315 |
| 5 | Biddeford | $60,802 |
| 6 | Augusta | $60,599 |
| 7 | Sanford | $60,034 |
| 8 | Brunswick | $59,468 |
| 9 | Lewiston | $59,301 |
| 10 | Auburn | $59,284 |
More Maine Salary Data
Senior / Experienced
Top earner salaries for experienced insurance agents.
Explore More Insurance Agent Salary Data
Frequently Asked Questions
How much do insurance agents make in Maine in 2026?
What is the highest paying city for insurance agents in Maine?
How does Maine insurance agent pay compare to the national average?
What is the entry-level insurance agent salary in Maine?
How many insurance agents are employed in Maine?
Which Maine city offers the best value for insurance agents?
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
Statewide 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. A 3.60% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 insurance agent compensation across Maine. State averages are employment-weighted across 10 metro areas — larger metro areas with more insurance agentscontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.
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