Insurance Agent Salary in Midvale, UT: $53,563 (2026)
Quick Answer:A full-time insurance agent in Midvale, UT earns a median $53,563/year (≈ $25.75/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Midvale's price level (2% below national, BEA RPP 98.1), that paycheck buys what $54,600 would nationally. Nominal pay sits 1.7% below the Utah state average.
Based on BLS state-level estimates · View source
In 2026, an insurance agent in Midvale, Utah, can expect to earn a median annual salary of $53,563, which represents a notable 16.98% decrease compared to the national median of $64,522. The salary range for this role varies significantly, from $32,077 at the 10th percentile to $83,023 at the 90th percentile, reflecting the diverse range of commission structures and client portfolios in the region. Local estimates derived from BLS state-level data and adjusted for the area’s cost of living highlight the competitive nature of Midvale's job market, influenced by the structural divide among captive agents, independent brokers, and commercial firms. This landscape is vital for understanding how much insurance agents make in Midvale and the factors impacting their pay.
About the Midvale Market
Salary estimated from Utah average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $32,077 | $15.43 |
| Lower Range (P25) | $39,934 | $19.20 |
| Median (P50)(typical) | $53,563 | $25.75 |
| Upper Range (P75) | $68,561 | $32.97 |
| Top Earners (P90) | $83,023 | $39.92 |
Median Salary Position
16.98% below the national average
2026 Salary Percentile Distribution in Midvale
In Midvale, UT, the insurance agent salary spread from the 10th to 90th percentile is $50,946 (2026 est.). At $53,563, the local median is 16.98% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Midvale: You'd be in the lower-middle range
How Midvale Insurance Agent Pay Compares
Midvale median: $53,563/year (2026)
| Compared To | Median Salary | Midvale Pays |
|---|---|---|
| Utah Average | $54,490 | -1.70% less |
| National Average | $64,522 | -16.98% less |
Insurance Agents in Midvale, UT earn a median of $53,563 per year (2026 est.), which is 16.98% lower than the national median of $64,522 and 1.70% below the Utah state average of $54,490.
Cost-of-Living Adjusted Salary
Midvale has a cost of living 1.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Midvale, UT has a cost-of-living index of 98.1 (below the national average of 100). A insurance agent earning $53,563 nominally has purchasing power equivalent to $54,600 in an average-cost city — an effective 1.94% boost.
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2019 BLS Actual
$42,288
2025 BLS Actual
$51,702
2026 Current Est.
$53,563
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Midvale (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,288 | Actual |
| 2020 | $43,317 | Actual |
| 2021 | $41,375 | Actual |
| 2022 | $48,033 | Actual |
| 2023 | $49,046 | Actual |
| 2024 | $53,054 | Actual |
| 2025 | $51,702 | Actual |
| 2026(current) | $53,563 | Estimated |
| 2027 | $55,492 | Projected |
Based on 7 years of BLS OEWS data for the Midvale metropolitan area, the median insurance agent salary grew 22.3% from $42,288 (2019) to $51,702 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $55,492 by 2027 — a total increase of $13,204 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Midvale 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) | $32,077 – $39,934 |
| 3-5 years (Mid Career) | $39,934 – $53,563 |
| 5+ years (Experienced) | $53,563 – $68,561 |
| 10+ years (Top Earner) | $68,561 – $83,023 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Midvale
In Midvale, the insurance agent job market comprises just nine professionals, a statistic that underscores the unique dynamics of local employment. Given a cost of living index of 98.1, agents might find that their take-home pay reflects comparatively favorable purchasing power despite base salaries lagging behind the national average. Captive agents working with established companies like State Farm or Allstate typically receive more consistent pay, often benefitting from training and sign-on bonuses, though their earnings may cap due to limited commission structures. In contrast, independent agents and those at commercial brokerage firms can earn significantly more, particularly when focusing on commercial lines, where commissions can be five to ten times higher than those for personal lines. To maximize income in this market, agents should consider developing a substantial book of business, pursue specialized credentials like CPCU, and explore agency ownership opportunities for long-term financial growth.
More salary data for Midvale, UT:
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 $51,702 for insurance agentsin the Midvale 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 Midvale 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