Insurance Agent Salary in Mentor, OH: $59,542 (2026)
Quick Answer:A full-time insurance agent in Mentor, OH earns a median $59,542/year (≈ $28.62/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Mentor's price level (9% below national, BEA RPP 90.7), that paycheck buys what $65,647 would nationally. Nominal pay sits 4.1% below the Ohio state average.
Based on BLS state-level estimates · View source
In Mentor, Ohio, the projected median annual salary for insurance agents in 2026 reaches $59,542, which is approximately 7.72% lower than the national median of $64,522. The salary range for agents in the area spans from a low of $38,336 at the 10th percentile to a high of $92,290 at the 90th percentile. These figures, derived from 2025 BLS data and adjusted for regional price differences, reflect the local job market's dynamics. Insurance agents dealing with commercial lines tend to earn significantly more than those focused on personal lines due to the commission structure, which is a vital distinction in Mentor's competitive environment.
About the Mentor Market
Salary estimated from Ohio average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,336 | $18.43 |
| Lower Range (P25) | $46,232 | $22.22 |
| Median (P50)(typical) | $59,542 | $28.62 |
| Upper Range (P75) | $76,213 | $36.64 |
| Top Earners (P90) | $92,290 | $44.37 |
Median Salary Position
7.72% below the national average
2026 Salary Percentile Distribution in Mentor
In Mentor, OH, the insurance agent salary spread from the 10th to 90th percentile is $53,954 (2026 est.). At $59,542, the local median is 7.72% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Mentor: You'd be in the lower-middle range
How Mentor Insurance Agent Pay Compares
Mentor median: $59,542/year (2026)
| Compared To | Median Salary | Mentor Pays |
|---|---|---|
| Ohio Average | $62,088 | -4.10% less |
| National Average | $64,522 | -7.72% less |
Insurance Agents in Mentor, OH earn a median of $59,542 per year (2026 est.), which is 7.72% lower than the national median of $64,522 and 4.10% below the Ohio state average of $62,088.
Cost-of-Living Adjusted Salary
Mentor has a cost of living 9.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mentor, OH has a cost-of-living index of 90.7 (below the national average of 100). A insurance agent earning $59,542 nominally has purchasing power equivalent to $65,647 in an average-cost city — an effective 10.25% 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
$47,008
2025 BLS Actual
$57,473
2026 Current Est.
$59,542
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Mentor (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $47,008 | Actual |
| 2020 | $48,153 | Actual |
| 2021 | $45,993 | Actual |
| 2022 | $53,394 | Actual |
| 2023 | $54,520 | Actual |
| 2024 | $50,471 | Actual |
| 2025 | $57,473 | Actual |
| 2026(current) | $59,542 | Estimated |
| 2027 | $61,686 | Projected |
Based on 7 years of BLS OEWS data for the Mentor metropolitan area, the median insurance agent salary grew 22.3% from $47,008 (2019) to $57,473 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $61,686 by 2027 — a total increase of $14,678 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mentor 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) | $38,336 – $46,232 |
| 3-5 years (Mid Career) | $46,232 – $59,542 |
| 5+ years (Experienced) | $59,542 – $76,213 |
| 10+ years (Top Earner) | $76,213 – $92,290 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Mentor
In terms of the local job market, there are currently nine insurance agents employed in Mentor, providing a tight-knit professional community. The cost of living index at 90.7 indicates that living expenses in the area are below the national average, allowing for a potentially higher take-home purchasing power despite lower average salaries. Employers offering competitive compensation often include captive agents from established carriers like State Farm and Allstate, as well as independent agencies that allow for more flexibility and higher commission potential. Variations in income primarily stem from factors like the size of an agent’s book of business, specialization in commercial versus personal lines, and the differing pay structures between captive and independent models. To maximize earning potential in Mentor, agents should consider expanding into commercial lines, pursuing agency ownership, and enhancing their credentials, such as earning CPCU or CIC designations, which could also lead to greater opportunities and financial rewards.
More salary data for Mentor, OH:
Frequently Asked Questions
How much do insurance agents make in Mentor, OH in 2026?
Is Mentor, OH a good place to work as a insurance agent?
Can insurance agents make $100K in Mentor?
What is the cost-of-living adjusted insurance agent salary in Mentor?
How much does a insurance agent make per hour in Mentor?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Ohio
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 $57,473 for insurance agentsin the Mentor 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 Mentor 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