Insurance Agent Salary in Ellicott City, MD: $70,825 (2026)
Quick Answer:A full-time insurance agent in Ellicott City, MD earns a median $70,825/year (≈ $34.05/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Ellicott City's price level (9% above national, BEA RPP 109.3), that paycheck buys what $64,799 would nationally. Nominal pay sits 0.4% above the Maryland state average.
Based on BLS state-level estimates · View source
The projected median annual salary for insurance agents in Ellicott City, Maryland, is set at $70,825 for 2026, reflecting a competitive position against the national median of $64,522. Local estimates indicate a salary range from $41,514 at the 10th percentile to $109,779 at the 90th percentile, offering a wide disparity that underscores the diverse opportunities within the industry. This variance in compensation is primarily influenced by the type of insurance sold, with personal lines generally offering lower commissions than the lucrative commercial or specialty lines. The data, drawn from 2025 BLS estimates and adjusted for regional pricing, showcases both the potential and challenges within Ellicott City’s insurance sector.
About the Ellicott City Market
Salary estimated from Maryland average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $41,514 | $19.95 |
| Lower Range (P25) | $52,066 | $25.03 |
| Median (P50)(typical) | $70,825 | $34.05 |
| Upper Range (P75) | $90,656 | $43.58 |
| Top Earners (P90) | $109,779 | $52.77 |
Median Salary Position
9.77% above the national average
2026 Salary Percentile Distribution in Ellicott City
In Ellicott City, MD, the insurance agent salary spread from the 10th to 90th percentile is $68,265 (2026 est.). At $70,825, the local median is 9.77% above the national median of $64,522.
Salary Calculator
At 40 hours/week in Ellicott City: You'd be in the lower-middle range
How Ellicott City Insurance Agent Pay Compares
Ellicott City median: $70,825/year (2026)
| Compared To | Median Salary | Ellicott City Pays |
|---|---|---|
| Maryland Average | $70,543 | +0.40% more |
| National Average | $64,522 | +9.77% more |
Insurance Agents in Ellicott City, MD earn a median of $70,825 per year (2026 est.), which is 9.77% higher than the national median of $64,522 and 0.40% above the Maryland state average of $70,543.
Cost-of-Living Adjusted Salary
Ellicott City has a cost of living 9.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Ellicott City, MD has a cost-of-living index of 109.3 (above the national average of 100). While the nominal salary of $70,825 is competitive, the higher cost of living reduces purchasing power to an effective $64,799 — a 8.51% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$55,916
2025 BLS Actual
$68,364
2026 Current Est.
$70,825
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Ellicott City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,916 | Actual |
| 2020 | $57,277 | Actual |
| 2021 | $54,709 | Actual |
| 2022 | $63,512 | Actual |
| 2023 | $64,851 | Actual |
| 2024 | $74,643 | Actual |
| 2025 | $68,364 | Actual |
| 2026(current) | $70,825 | Estimated |
| 2027 | $73,375 | Projected |
Based on 7 years of BLS OEWS data for the Ellicott City metropolitan area, the median insurance agent salary grew 22.3% from $55,916 (2019) to $68,364 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $73,375 by 2027 — a total increase of $17,459 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Ellicott City 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) | $41,514 – $52,066 |
| 3-5 years (Mid Career) | $52,066 – $70,825 |
| 5+ years (Experienced) | $70,825 – $90,656 |
| 10+ years (Top Earner) | $90,656 – $109,779 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Ellicott City
In Ellicott City, the insurance job market is modest yet stable, with approximately 15 agents currently employed. The local cost of living index stands at 109.3, indicating that the purchasing power of these salaries may be somewhat constricted compared to the national average. Employers range from captive agents like State Farm and Allstate, which offer stable base salaries but limit long-term earning potential, to independent agencies and large commercial brokers that typically provide higher pay scales, driven by the size of the book of business managed and the nature of the lines sold. For those looking to maximize their insurance agent pay in Ellicott City, specializing in commercial lines or establishing a robust independent brokerage could provide significant financial rewards. Understanding how agency ownership equity and producer overrides apply can further enhance earning capabilities in this thriving but competitive market.
More salary data for Ellicott City, MD:
Frequently Asked Questions
How much do insurance agents make in Ellicott City, MD in 2026?
Is Ellicott City, MD a good place to work as a insurance agent?
Can insurance agents make $100K in Ellicott City?
What is the cost-of-living adjusted insurance agent salary in Ellicott City?
How much does a insurance agent make per hour in Ellicott City?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Maryland
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 $68,364 for insurance agentsin the Ellicott City 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 Ellicott City 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