Insurance Agent Salary in Oxford, OH: $58,560 (2026)
Quick Answer:A full-time insurance agent in Oxford, OH earns a median $58,560/year (≈ $28.16/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Oxford's price level (9% below national, BEA RPP 90.7), that paycheck buys what $64,564 would nationally. Nominal pay sits 5.6% below the Ohio state average.
Based on BLS state-level estimates · View source
In 2026, the projected insurance agent salary in Oxford, OH, reaches a median of $58,560, indicating that professionals in this field earn roughly 9.24% less than the national median of $64,522. Their annual salaries range significantly, with the lowest earners making $35,391 and top earners bringing in as much as $90,768. These figures, derived from state-level data and adjusted for local economic conditions, reflect the commission-driven nature of insurance sales. Agents focused on personal lines often earn less per policy compared to those who handle commercial or specialty lines, which can see commission rates up to 10 times higher.
About the Oxford Market
Salary estimated from Ohio average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $35,391 | $17.01 |
| Lower Range (P25) | $47,255 | $22.72 |
| Median (P50)(typical) | $58,560 | $28.16 |
| Upper Range (P75) | $74,957 | $36.03 |
| Top Earners (P90) | $90,768 | $43.64 |
Median Salary Position
9.24% below the national average
2026 Salary Percentile Distribution in Oxford
In Oxford, OH, the insurance agent salary spread from the 10th to 90th percentile is $55,377 (2026 est.). At $58,560, the local median is 9.24% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Oxford: You'd be in the lower-middle range
How Oxford Insurance Agent Pay Compares
Oxford median: $58,560/year (2026)
| Compared To | Median Salary | Oxford Pays |
|---|---|---|
| Ohio Average | $62,034 | -5.60% less |
| National Average | $64,522 | -9.24% less |
Insurance Agents in Oxford, OH earn a median of $58,560 per year (2026 est.), which is 9.24% lower than the national median of $64,522 and 5.60% below the Ohio state average of $62,034.
Cost-of-Living Adjusted Salary
Oxford 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.
Oxford, OH has a cost-of-living index of 90.7 (below the national average of 100). A insurance agent earning $58,560 nominally has purchasing power equivalent to $64,564 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$46,233
2025 BLS Actual
$56,525
2026 Current Est.
$58,560
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Oxford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $46,233 | Actual |
| 2020 | $47,358 | Actual |
| 2021 | $45,235 | Actual |
| 2022 | $52,513 | Actual |
| 2023 | $53,621 | Actual |
| 2024 | $49,638 | Actual |
| 2025 | $56,525 | Actual |
| 2026(current) | $58,560 | Estimated |
| 2027 | $60,668 | Projected |
Based on 7 years of BLS OEWS data for the Oxford metropolitan area, the median insurance agent salary grew 22.3% from $46,233 (2019) to $56,525 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $60,668 by 2027 — a total increase of $14,435 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Oxford 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) | $35,391 – $47,255 |
| 3-5 years (Mid Career) | $47,255 – $58,560 |
| 5+ years (Experienced) | $58,560 – $74,957 |
| 10+ years (Top Earner) | $74,957 – $90,768 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Oxford
The local job market for insurance agents in Oxford is relatively small, with only six agents currently employed in the area. This limited number contributes to a competitive landscape. The cost-of-living index in Oxford stands at 90.7, suggesting that while salaries may be lower than the national average, purchasing power remains more favorable. Captive agencies from major providers like State Farm and Allstate typically offer structured compensation and training but may cap long-term earnings. Conversely, independent agencies and commercial brokerages are gaining ground, providing opportunities to maximize earnings through larger books of business and more lucrative commercial lines. To enhance earning potential, agents should aim to build a diversified client base while also considering opportunities for agency ownership, which can result in greater financial rewards and agency equity.
More salary data for Oxford, 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 $56,525 for insurance agentsin the Oxford 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 Oxford 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