Insurance Agent Salary in Stephenville, TX: $45,235 (2026)
Quick Answer:A full-time insurance agent in Stephenville, TX earns a median $45,235/year (≈ $21.75/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Stephenville's price level (4% below national, BEA RPP 96.0), that paycheck buys what $47,120 would nationally. Nominal pay sits 6.5% below the Texas state average.
Based on BLS state-level estimates · View source
In 2026, the average insurance agent salary in Stephenville, Texas, reaches a median of $45,235, which is significantly lower than the national median of $64,522. This projected pay rate reflects the regional market, influenced by the presence of both captive agents—primarily from companies like State Farm and Allstate—and independent representatives. The salary spectrum in Stephenville ranges from $30,516 at the 10th percentile to $70,114 at the 90th, highlighting disparities in earning potential influenced by commission structures and client portfolios. Local estimates derived from 2025 BLS data indicate that earnings can be driven by the type of agency representation, whether captive or independent, as well as the focus on personal versus commercial lines.
About the Stephenville Market
Salary estimated from Texas average ($65,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,516 | $14.67 |
| Lower Range (P25) | $35,978 | $17.30 |
| Median (P50)(typical) | $45,235 | $21.75 |
| Upper Range (P75) | $57,901 | $27.84 |
| Top Earners (P90) | $70,114 | $33.71 |
Median Salary Position
29.89% below the national average
2026 Salary Percentile Distribution in Stephenville
In Stephenville, TX, the insurance agent salary spread from the 10th to 90th percentile is $39,598 (2026 est.). At $45,235, the local median is 29.89% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Stephenville: You'd be in the lower-middle range
How Stephenville Insurance Agent Pay Compares
Stephenville median: $45,235/year (2026)
| Compared To | Median Salary | Stephenville Pays |
|---|---|---|
| Texas Average | $48,380 | -6.50% less |
| National Average | $64,522 | -29.89% less |
Insurance Agents in Stephenville, TX earn a median of $45,235 per year (2026 est.), which is 29.89% lower than the national median of $64,522 and 6.50% below the Texas state average of $48,380.
Cost-of-Living Adjusted Salary
Stephenville has a cost of living 4.00% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Stephenville, TX has a cost-of-living index of 96 (below the national average of 100). A insurance agent earning $45,235 nominally has purchasing power equivalent to $47,120 in an average-cost city — an effective 4.17% boost.
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2019 BLS Actual
$35,713
2025 BLS Actual
$43,663
2026 Current Est.
$45,235
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Stephenville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $35,713 | Actual |
| 2020 | $36,582 | Actual |
| 2021 | $34,942 | Actual |
| 2022 | $40,564 | Actual |
| 2023 | $41,420 | Actual |
| 2024 | $58,330 | Actual |
| 2025 | $43,663 | Actual |
| 2026(current) | $45,235 | Estimated |
| 2027 | $46,863 | Projected |
Based on 7 years of BLS OEWS data for the Stephenville metropolitan area, the median insurance agent salary grew 22.3% from $35,713 (2019) to $43,663 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $46,863 by 2027 — a total increase of $11,150 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Stephenville 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) | $30,516 – $35,978 |
| 3-5 years (Mid Career) | $35,978 – $45,235 |
| 5+ years (Experienced) | $45,235 – $57,901 |
| 10+ years (Top Earner) | $57,901 – $70,114 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Stephenville
The employment market for insurance agents in Stephenville remains strong with six agents currently working in the area. However, the cost of living index is set at 96, which is slightly below the national average, impacting the real purchasing power of these salaries. Among local employers, captive agents at firms like Allstate generally provide more stable initial compensation but often with capped upside potential compared to independent agencies that foster greater commission flexibility and growth through larger books of business. The difference in pay is often attributed to factors such as renewal commission potential, the division between commercial and personal lines, and the presence of training incentives. Agents looking to maximize their earnings should consider obtaining additional credentials, focusing on commercial policies, and building strong relationships with clients to enhance their renewal earnings in this evolving market landscape in Stephenville, TX.
More salary data for Stephenville, 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 $43,663 for insurance agentsin the Stephenville 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 Stephenville 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