Insurance Agent Salary in Bedford, NH: $65,206 (2026)
Quick Answer:A full-time insurance agent in Bedford, NH earns a median $65,206/year (≈ $31.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Bedford's price level (7% above national, BEA RPP 107.3), that paycheck buys what $60,770 would nationally. Nominal pay sits 5.8% below the New Hampshire state average.
Based on BLS state-level estimates · View source
In 2026, the projected insurance agent salary in Bedford, NH, reaches a median of $65,206, slightly above the national average of $64,522. Salary ranges vary significantly, with the lowest 10% earning around $38,990 while the upper echelon sees earnings up to $101,069. This data reflects local estimates based on 2025 BLS OEWS data, incorporating regional price parity factors. Bedford's market demonstrates an interesting dichotomy between those specializing in personal lines and those focusing on commercial or specialty lines, often leading to a wider commission gradient due to the latter's substantially higher pay structures and complex client needs. Understanding this market dynamic is essential for aspiring agents seeking to maximize their earning potential in the area.
About the Bedford Market
Salary estimated from New Hampshire average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,990 | $18.74 |
| Lower Range (P25) | $52,470 | $25.23 |
| Median (P50)(typical) | $65,206 | $31.35 |
| Upper Range (P75) | $83,463 | $40.12 |
| Top Earners (P90) | $101,069 | $48.59 |
Median Salary Position
1.06% above the national average
2026 Salary Percentile Distribution in Bedford
In Bedford, NH, the insurance agent salary spread from the 10th to 90th percentile is $62,079 (2026 est.). At $65,206, the local median is 1.06% above the national median of $64,522.
Salary Calculator
At 40 hours/week in Bedford: You'd be in the lower-middle range
How Bedford Insurance Agent Pay Compares
Bedford median: $65,206/year (2026)
| Compared To | Median Salary | Bedford Pays |
|---|---|---|
| New Hampshire Average | $69,221 | -5.80% less |
| National Average | $64,522 | +1.06% more |
Insurance Agents in Bedford, NH earn a median of $65,206 per year (2026 est.), which is 1.06% higher than the national median of $64,522 and 5.80% below the New Hampshire state average of $69,221.
Cost-of-Living Adjusted Salary
Bedford has a cost of living 7.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Bedford, NH has a cost-of-living index of 107.3 (above the national average of 100). While the nominal salary of $65,206 is competitive, the higher cost of living reduces purchasing power to an effective $60,770 — a 6.8% reduction.
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2019 BLS Actual
$51,480
2025 BLS Actual
$62,940
2026 Current Est.
$65,206
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Bedford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $51,480 | Actual |
| 2020 | $52,733 | Actual |
| 2021 | $50,368 | Actual |
| 2022 | $58,473 | Actual |
| 2023 | $59,706 | Actual |
| 2024 | $62,657 | Actual |
| 2025 | $62,940 | Actual |
| 2026(current) | $65,206 | Estimated |
| 2027 | $67,553 | Projected |
Based on 7 years of BLS OEWS data for the Bedford metropolitan area, the median insurance agent salary grew 22.3% from $51,480 (2019) to $62,940 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $67,553 by 2027 — a total increase of $16,073 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bedford 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) | $38,990 – $52,470 |
| 3-5 years (Mid Career) | $52,470 – $65,206 |
| 5+ years (Experienced) | $65,206 – $83,463 |
| 10+ years (Top Earner) | $83,463 – $101,069 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Bedford
Currently, Bedford employs a small number of insurance professionals, with only six positions filled in this role, indicating a niche market for agents. The cost of living index stands at 107.3, which means that the purchasing power of the estimated salaries may be somewhat impacted, as higher living costs could eat into take-home pay. Among the local employers, captive agencies like State Farm and Allstate tend to provide initial training and sign-on bonuses but may limit upside commission potential compared to independent agencies and larger brokerages that offer higher earning potential as the book of business grows. Insurers specializing in commercial lines will generally offer higher compensation due to the complexity and scale of their policies. To maximize pay as an insurance agent in Bedford, one should consider building a diverse book of business, focusing on commercial products where commission rates are significantly higher, and perhaps exploring opportunities within independent agency models to capture the greater potential earnings and growth opportunities they offer.
More salary data for Bedford, NH:
Frequently Asked Questions
How much do insurance agents make in Bedford, NH in 2026?
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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 $62,940 for insurance agentsin the Bedford 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 Bedford 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