Insurance Agent Salary in Laredo, TX: $44,817 (2026)
Quick Answer:A full-time insurance agent in Laredo, TX earns a median $44,817/year (≈ $21.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Laredo's price level (13% below national, BEA RPP 87.0), that paycheck buys what $51,540 would nationally. Nominal pay sits 7.4% below the Texas state average.
Official BLS data · View source
In Laredo, Texas, insurance agents can expect a median annual salary of $44,817 in 2026, which is substantially below the national median of $64,522. The projected salary range for the region spans from $28,563 at the lower tenth percentile to $110,396 at the higher ninetieth percentile, indicating a significant disparity in earnings based on experience, skills, and clientele. These figures, derived from the Bureau of Labor Statistics' Occupational Employment and Wage Statistics (OEWS), reflect the evolving commission landscape, where personal lines typically yield lower compensation compared to commercial or specialty lines. This variation has made Laredo's market competitive, especially as traditional captive agents grapple with changing commission structures against the backdrop of independent agencies expanding their influence.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,563 | $13.73 |
| Lower Range (P25) | $35,763 | $17.20 |
| Median (P50)(typical) | $44,817 | $21.55 |
| Upper Range (P75) | $60,772 | $29.22 |
| Top Earners (P90) | $110,396 | $53.07 |
Median Salary Position
30.54% below the national average
2026 Salary Percentile Distribution in Laredo
In Laredo, TX, the insurance agent salary spread from the 10th to 90th percentile is $81,833 (2026 est.). At $44,817, the local median is 30.54% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Laredo: You'd be in the entry-level range
How Laredo Insurance Agent Pay Compares
Laredo median: $44,817/year (2026)
| Compared To | Median Salary | Laredo Pays |
|---|---|---|
| Texas Average | $48,399 | -7.40% less |
| National Average | $64,522 | -30.54% less |
Insurance Agents in Laredo, TX earn a median of $44,817 per year (2026 est.), which is 30.54% lower than the national median of $64,522 and 7.40% below the Texas state average of $48,399.
Cost-of-Living Adjusted Salary
Laredo has a cost of living 13.04% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Laredo, TX has a cost-of-living index of 86.956 (below the national average of 100). A insurance agent earning $44,817 nominally has purchasing power equivalent to $51,540 in an average-cost city — an effective 15% boost.
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2019 BLS Actual
$37,170
2025 BLS Actual
$43,260
2026 Current Est.
$44,817
2019–2027 Growth
+24.9%
Salary Trajectory for Insurance Agents in Laredo (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $37,170 | Actual |
| 2020 | $36,120 | Actual |
| 2021 | $38,370 | Actual |
| 2022 | $35,200 | Actual |
| 2023 | $29,190 | Actual |
| 2024 | $36,300 | Actual |
| 2025 | $43,260 | Actual |
| 2026(current) | $44,817 | Estimated |
| 2027 | $46,431 | Projected |
Based on 7 years of BLS OEWS data for the Laredo metropolitan area, the median insurance agent salary grew 16.4% from $37,170 (2019) to $43,260 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $46,431 by 2027 — a total increase of $9,261 (24.92%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Laredo 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) | $28,563 – $35,763 |
| 3-5 years (Mid Career) | $35,763 – $44,817 |
| 5+ years (Experienced) | $44,817 – $60,772 |
| 10+ years (Top Earner) | $60,772 – $110,396 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Laredo
In terms of job market dynamics, 140 insurance agents are currently employed in Laredo, TX, working within a cost-of-living index of 86.956. This means that while the take-home pay might be lower compared to national figures, living costs are also reduced, enhancing purchasing power in the region. Among local employers, captive agencies like State Farm and Allstate remain prominent, but independent agencies are increasingly attracting talent due to their flexible commission structures. Pay gaps within Laredo can be attributed to several factors, such as the size of an agent's book of business and whether they focus on commercial or personal lines, with the former generally commanding stronger commissions. To maximize earnings in this locale, agents should consider building a robust portfolio of commercial accounts, pursuing additional certifications like the CPCU, and exploring avenues in agency ownership where higher revenue potential exists through equity stakes and overrides at larger brokerages.
More salary data for Laredo, TX:
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 $43,260 for insurance agentsin the Laredo 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