Insurance Agent Salary in Akron, OH: $63,269 (2026)
Quick Answer:A full-time insurance agent in Akron, OH earns a median $63,269/year (≈ $30.42/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Akron's price level (7% below national, BEA RPP 93.4), that paycheck buys what $67,762 would nationally. Nominal pay sits 1.9% above the Ohio state average.
Official BLS data · View source
In 2026, the projected average salary for insurance agents in Akron, Ohio, stands at $63,269, slightly below the national median of $64,522. The compensation varies widely, with earnings ranging from $40,114 for the lowest ten percent to as high as $100,057 for the top ten percent. This data is derived from 2025 BLS OEWS surveys, underscoring the diverse landscape of earnings in the insurance sector. The local market reflects a blend of captive agents from companies like State Farm and Allstate, independent agencies, as well as commercial brokerages. Understanding the structural divide can help aspiring agents navigate their options and align their career paths accordingly in Akron's competitive environment.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $40,114 | $19.28 |
| Lower Range (P25) | $49,490 | $23.80 |
| Median (P50)(typical) | $63,269 | $30.42 |
| Upper Range (P75) | $82,839 | $39.82 |
| Top Earners (P90) | $100,057 | $48.11 |
Median Salary Position
1.94% below the national average
2026 Salary Percentile Distribution in Akron
In Akron, OH, the insurance agent salary spread from the 10th to 90th percentile is $59,943 (2026 est.). At $63,269, the local median is 1.94% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Akron: You'd be in the lower-middle range
How Akron Insurance Agent Pay Compares
Akron median: $63,269/year (2026)
| Compared To | Median Salary | Akron Pays |
|---|---|---|
| Ohio Average | $62,089 | +1.90% more |
| National Average | $64,522 | -1.94% less |
Insurance Agents in Akron, OH earn a median of $63,269 per year (2026 est.), which is 1.94% lower than the national median of $64,522 and 1.90% above the Ohio state average of $62,089.
Cost-of-Living Adjusted Salary
Akron has a cost of living 6.63% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Akron, OH has a cost-of-living index of 93.37 (below the national average of 100). A insurance agent earning $63,269 nominally has purchasing power equivalent to $67,762 in an average-cost city — an effective 7.1% boost.
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2019 BLS Actual
$50,720
2025 BLS Actual
$61,070
2026 Current Est.
$63,269
2019–2027 Growth
+29.2%
Salary Trajectory for Insurance Agents in Akron (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $50,720 | Actual |
| 2020 | $57,360 | Actual |
| 2021 | $60,700 | Actual |
| 2022 | $58,810 | Actual |
| 2023 | $59,350 | Actual |
| 2024 | $54,050 | Actual |
| 2025 | $61,070 | Actual |
| 2026(current) | $63,269 | Estimated |
| 2027 | $65,546 | Projected |
Based on 7 years of BLS OEWS data for the Akron metropolitan area, the median insurance agent salary grew 20.4% from $50,720 (2019) to $61,070 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $65,546 by 2027 — a total increase of $14,826 (29.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Akron 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) | $40,114 – $49,490 |
| 3-5 years (Mid Career) | $49,490 – $63,269 |
| 5+ years (Experienced) | $63,269 – $82,839 |
| 10+ years (Top Earner) | $82,839 – $100,057 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Akron
With approximately 1,010 insurance agents employed in the area, Akron boasts a robust market that offers varied opportunities and earning potential. The cost of living index in Akron is 93.37, which is below the national average, meaning agents enjoy increased purchasing power compared to other cities. This financial reality can amplify the appeal of positions at higher-paying employers, such as large commercial brokerages like Aon or Marsh, which typically have access to more lucrative commercial lines compared to personal lines. Factors driving income disparities in the market include the size of the book of business, with renewal commissions compounding over time, and the type of insurance sold, as commercial lines can yield significantly higher commissions. To maximize earnings in the Akron market, agents should focus on building a diverse client base and consider pursuing CPCU or CIC credentials to enhance their professional standing.
More salary data for Akron, OH:
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 $61,070 for insurance agentsin the Akron 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