Insurance Agent Salary in Stow, OH: $59,114 (2026)
Quick Answer:A full-time insurance agent in Stow, OH earns a median $59,114/year (≈ $28.42/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Stow's price level (9% below national, BEA RPP 90.7), that paycheck buys what $65,175 would nationally. Nominal pay sits 4.7% below the Ohio state average.
Based on BLS state-level estimates · View source
Insurance agents in Stow, Ohio, command a median annual salary of $59,114, which reflects the current trends in the regional job market as it relates to broader national data. This local figure is lower than the national median of $64,522, indicating that agents in Stow earn approximately 8.38% less than their counterparts nationwide. Stow's salary range spans from $37,180 at the 10th percentile to $91,627 at the 90th percentile, showcasing variability influenced by the structural dynamics between captive agents who often work with companies like State Farm and Allstate, independent brokers, and commercial brokerage firms. The local estimates are based on BLS state-level data adjusted for regional price parities, providing a clearer picture of the pay landscape for insurance agents in the area.
About the Stow Market
Salary estimated from Ohio average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,180 | $17.87 |
| Lower Range (P25) | $45,386 | $21.82 |
| Median (P50)(typical) | $59,114 | $28.42 |
| Upper Range (P75) | $75,666 | $36.37 |
| Top Earners (P90) | $91,627 | $44.05 |
Median Salary Position
8.38% below the national average
2026 Salary Percentile Distribution in Stow
In Stow, OH, the insurance agent salary spread from the 10th to 90th percentile is $54,447 (2026 est.). At $59,114, the local median is 8.38% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Stow: You'd be in the lower-middle range
How Stow Insurance Agent Pay Compares
Stow median: $59,114/year (2026)
| Compared To | Median Salary | Stow Pays |
|---|---|---|
| Ohio Average | $62,030 | -4.70% less |
| National Average | $64,522 | -8.38% less |
Insurance Agents in Stow, OH earn a median of $59,114 per year (2026 est.), which is 8.38% lower than the national median of $64,522 and 4.70% below the Ohio state average of $62,030.
Cost-of-Living Adjusted Salary
Stow 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.
Stow, OH has a cost-of-living index of 90.7 (below the national average of 100). A insurance agent earning $59,114 nominally has purchasing power equivalent to $65,175 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$46,670
2025 BLS Actual
$57,060
2026 Current Est.
$59,114
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Stow (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $46,670 | Actual |
| 2020 | $47,807 | Actual |
| 2021 | $45,663 | Actual |
| 2022 | $53,010 | Actual |
| 2023 | $54,128 | Actual |
| 2024 | $50,107 | Actual |
| 2025 | $57,060 | Actual |
| 2026(current) | $59,114 | Estimated |
| 2027 | $61,242 | Projected |
Based on 7 years of BLS OEWS data for the Stow metropolitan area, the median insurance agent salary grew 22.3% from $46,670 (2019) to $57,060 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $61,242 by 2027 — a total increase of $14,572 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Stow 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) | $37,180 – $45,386 |
| 3-5 years (Mid Career) | $45,386 – $59,114 |
| 5+ years (Experienced) | $59,114 – $75,666 |
| 10+ years (Top Earner) | $75,666 – $91,627 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Stow
In terms of the local employment climate, the area has approximately nine insurance agents currently employed, fostering a small but specialized market. The cost of living index for Stow stands at 90.7, suggesting that while the salary figures may be lower than the national average, the purchasing power remains relatively strong given the lower costs associated with living in this community. Employers such as State Farm and Allstate tend to pay more in commission due to their captive sales structure, but independent agencies and larger commercial brokerages like Aon or Marsh offer strategic advantages in terms of client diversification and higher earning potentials from commercial lines. Factors such as the size of the agent's book of business, renewal commissions, and specialization in commercial versus personal lines can significantly drive salaries, with commercial lines yielding commissions that are five to ten times greater. For those looking to maximize their insurance agent pay in Stow, focusing on building a substantial client base and considering agency ownership could offer significant future returns.
More salary data for Stow, 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 $57,060 for insurance agentsin the Stow 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 Stow 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