Insurance Agent Salary in Concord, NC: $65,798 (2026)
Quick Answer:A full-time insurance agent in Concord, NC earns a median $65,798/year (≈ $31.63/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Concord's price level (6% below national, BEA RPP 93.6), that paycheck buys what $70,297 would nationally. Nominal pay sits 25.6% above the North Carolina state average.
Based on BLS state-level estimates · View source
In 2026, insurance agents in Concord, North Carolina, are projected to earn a median annual salary of $65,798, slightly outperforming the national median of $64,522. This compensation reflects a strong local market for insurance professionals, characterized by a salary range from $38,163 at the 10th percentile to $101,988 at the 90th percentile. These figures are derived from state-level data and account for regional price adjustments, showcasing Concord's competitive position in the broader North Carolina job market. As agents build their books of business, the potential for renewal commissions creates significant long-term earning power, making this profession attractive for both entry-level and experienced individuals who understand the nuances of client retention and relationship management.
About the Concord Market
Salary estimated from North Carolina average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,163 | $18.35 |
| Lower Range (P25) | $48,045 | $23.10 |
| Median (P50)(typical) | $65,798 | $31.63 |
| Upper Range (P75) | $84,222 | $40.49 |
| Top Earners (P90) | $101,988 | $49.03 |
Median Salary Position
1.98% above the national average
2026 Salary Percentile Distribution in Concord
In Concord, NC, the insurance agent salary spread from the 10th to 90th percentile is $63,825 (2026 est.). At $65,798, the local median is 1.98% above the national median of $64,522.
Salary Calculator
At 40 hours/week in Concord: You'd be in the lower-middle range
How Concord Insurance Agent Pay Compares
Concord median: $65,798/year (2026)
| Compared To | Median Salary | Concord Pays |
|---|---|---|
| North Carolina Average | $52,387 | +25.60% more |
| National Average | $64,522 | +1.98% more |
Insurance Agents in Concord, NC earn a median of $65,798 per year (2026 est.), which is 1.98% higher than the national median of $64,522 and 25.60% above the North Carolina state average of $52,387.
Cost-of-Living Adjusted Salary
Concord has a cost of living 6.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Concord, NC has a cost-of-living index of 93.6 (below the national average of 100). A insurance agent earning $65,798 nominally has purchasing power equivalent to $70,297 in an average-cost city — an effective 6.84% boost.
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2019 BLS Actual
$51,948
2025 BLS Actual
$63,512
2026 Current Est.
$65,798
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Concord (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $51,948 | Actual |
| 2020 | $53,212 | Actual |
| 2021 | $50,826 | Actual |
| 2022 | $59,005 | Actual |
| 2023 | $60,249 | Actual |
| 2024 | $55,728 | Actual |
| 2025 | $63,512 | Actual |
| 2026(current) | $65,798 | Estimated |
| 2027 | $68,167 | Projected |
Based on 7 years of BLS OEWS data for the Concord metropolitan area, the median insurance agent salary grew 22.3% from $51,948 (2019) to $63,512 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $68,167 by 2027 — a total increase of $16,219 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Concord 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) | $38,163 – $48,045 |
| 3-5 years (Mid Career) | $48,045 – $65,798 |
| 5+ years (Experienced) | $65,798 – $84,222 |
| 10+ years (Top Earner) | $84,222 – $101,988 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Concord
The job market for insurance agents in Concord is relatively robust, with 24 professionals employed in the field. Coupled with a cost of living index of 93.6, insurance agents have favorable earning conditions that enhance their purchasing power. The highest-paying roles are likely found among major national carriers such as State Farm and Allstate or large commercial brokerages like Marsh and Aon. The income discrepancy within the local insurance economy stems from various factors, including the size of the agent's book of business and the specific lines of insurance offered. Agents specializing in commercial lines typically earn more due to higher commission rates compared to personal lines. To maximize earning potential in Concord, agents should focus on expanding their client base, pursuing relevant professional credentials like CPCU, and consistently enhancing their service offerings.
More salary data for Concord, NC:
Frequently Asked Questions
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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 $63,512 for insurance agentsin the Concord 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 Concord 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