Insurance Agent Salary in Grand Island, NE: $77,182 (2026)
Quick Answer:A full-time insurance agent in Grand Island, NE earns a median $77,182/year (≈ $37.11/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Grand Island's price level (13% below national, BEA RPP 86.7), that paycheck buys what $89,066 would nationally. Nominal pay sits 30.7% above the Nebraska state average.
Official BLS data · View source
In 2026, insurance agents in Grand Island, Nebraska, can expect a median annual salary of $77,182, representing a compelling 19.62% increase compared to the national median of $64,522. The BLS estimates indicate that salaries for this profession in the area span from $41,140 at the 10th percentile to $126,475 at the 90th percentile, reflecting significant variability based on experience, employer type, and business focus. This data, derived from 2025 BLS OEWS surveys, highlights the structural divide in the local market: captive agents from firms like State Farm and Allstate historically tend to offer security through stable commissions, while independent agencies and larger commercial brokerages present opportunities for greater earnings and flexibility. Such variances create a dynamic job market for aspiring insurance agents in Grand Island, NE.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $41,140 | $19.78 |
| Lower Range (P25) | $50,837 | $24.44 |
| Median (P50)(typical) | $77,182 | $37.11 |
| Upper Range (P75) | $96,224 | $46.26 |
| Top Earners (P90) | $126,475 | $60.80 |
Median Salary Position
19.62% above the national average
2026 Salary Percentile Distribution in Grand Island
In Grand Island, NE, the insurance agent salary spread from the 10th to 90th percentile is $85,335 (2026 est.). At $77,182, the local median is 19.62% above the national median of $64,522.
Salary Calculator
At 40 hours/week in Grand Island: You'd be in the lower-middle range
How Grand Island Insurance Agent Pay Compares
Grand Island median: $77,182/year (2026)
| Compared To | Median Salary | Grand Island Pays |
|---|---|---|
| Nebraska Average | $59,053 | +30.70% more |
| National Average | $64,522 | +19.62% more |
Insurance Agents in Grand Island, NE earn a median of $77,182 per year (2026 est.), which is 19.62% higher than the national median of $64,522 and 30.70% above the Nebraska state average of $59,053.
Cost-of-Living Adjusted Salary
Grand Island has a cost of living 13.34% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Grand Island, NE has a cost-of-living index of 86.657 (below the national average of 100). A insurance agent earning $77,182 nominally has purchasing power equivalent to $89,066 in an average-cost city — an effective 15.4% boost.
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
$66,260
2025 BLS Actual
$74,500
2026 Current Est.
$77,182
2019–2027 Growth
+20.7%
Salary Trajectory for Insurance Agents in Grand Island (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $66,260 | Actual |
| 2020 | $80,590 | Actual |
| 2021 | $48,040 | Actual |
| 2022 | $62,460 | Actual |
| 2023 | $55,920 | Actual |
| 2024 | $58,980 | Actual |
| 2025 | $74,500 | Actual |
| 2026(current) | $77,182 | Estimated |
| 2027 | $79,961 | Projected |
Based on 7 years of BLS OEWS data for the Grand Island metropolitan area, the median insurance agent salary grew 12.4% from $66,260 (2019) to $74,500 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $79,961 by 2027 — a total increase of $13,701 (20.68%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Grand Island 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) | $41,140 – $50,837 |
| 3-5 years (Mid Career) | $50,837 – $77,182 |
| 5+ years (Experienced) | $77,182 – $96,224 |
| 10+ years (Top Earner) | $96,224 – $126,475 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Grand Island
Delving deeper into the local job market, approximately 160 insurance agents currently serve Grand Island, indicating a robust demand within this community. The cost of living index for the area stands at 86.657, suggesting that agents may enjoy a higher take-home purchasing power compared to other regions. Captive agents, particularly those associated with major carriers, often command the highest salaries but may face commission caps that limit long-term earnings potential. Conversely, independent agencies can lead to enhanced pay scales, especially as they capitalize on a broader range of offerings. The disparity in earnings is primarily driven by the size of the agent's book of business, with commercial lines typically yielding significantly higher commissions than personal lines. For individuals entering the insurance market, focusing on building a diverse portfolio and considering positions with larger or independent brokerages may be effective strategies for maximizing their earning potential within Grand Island’s insurance landscape.
More salary data for Grand Island, NE:
Frequently Asked Questions
How much do insurance agents make in Grand Island, NE in 2026?
Is Grand Island, NE a good place to work as a insurance agent?
Can insurance agents make $100K in Grand Island?
What is the cost-of-living adjusted insurance agent salary in Grand Island?
How much does a insurance agent make per hour in Grand Island?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Nebraska
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 $74,500 for insurance agentsin the Grand Island 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
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