Insurance Agent Salary in Saratoga Springs, UT: $53,762 (2026)
Quick Answer:A full-time insurance agent in Saratoga Springs, UT earns a median $53,762/year (≈ $25.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Saratoga Springs's price level (2% below national, BEA RPP 98.1), that paycheck buys what $54,803 would nationally. Nominal pay sits 1.3% below the Utah state average.
Based on BLS state-level estimates · View source
In 2026, insurance agents in Saratoga Springs, UT, can expect to earn a median annual salary of $53,762. This figure reflects a substantial discrepancy compared to the national average of $64,522, highlighting a local market where earnings are approximately 16.68% lower. The salary range for agents in this area spans from $32,756 at the 10th percentile to $83,332 at the 90th percentile, indicating diverse earning potential influenced by factors such as agency type and individual performance. Based on 2025 BLS data, projected to 2026, these figures are localized estimates that incorporate the cost of living and market conditions specific to Saratoga Springs, where the insurance landscape is marked by both captive agencies like State Farm and Allstate and thriving independent brokerages.
About the Saratoga Springs Market
Salary estimated from Utah average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $32,756 | $15.75 |
| Lower Range (P25) | $40,328 | $19.38 |
| Median (P50)(typical) | $53,762 | $25.85 |
| Upper Range (P75) | $68,815 | $33.08 |
| Top Earners (P90) | $83,332 | $40.06 |
Median Salary Position
16.68% below the national average
2026 Salary Percentile Distribution in Saratoga Springs
In Saratoga Springs, UT, the insurance agent salary spread from the 10th to 90th percentile is $50,576 (2026 est.). At $53,762, the local median is 16.68% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Saratoga Springs: You'd be in the lower-middle range
How Saratoga Springs Insurance Agent Pay Compares
Saratoga Springs median: $53,762/year (2026)
| Compared To | Median Salary | Saratoga Springs Pays |
|---|---|---|
| Utah Average | $54,470 | -1.30% less |
| National Average | $64,522 | -16.68% less |
Insurance Agents in Saratoga Springs, UT earn a median of $53,762 per year (2026 est.), which is 16.68% lower than the national median of $64,522 and 1.30% below the Utah state average of $54,470.
Cost-of-Living Adjusted Salary
Saratoga Springs 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.
Saratoga Springs, UT has a cost-of-living index of 98.1 (below the national average of 100). A insurance agent earning $53,762 nominally has purchasing power equivalent to $54,803 in an average-cost city — an effective 1.94% boost.
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2019 BLS Actual
$42,445
2025 BLS Actual
$51,894
2026 Current Est.
$53,762
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Saratoga Springs (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,445 | Actual |
| 2020 | $43,478 | Actual |
| 2021 | $41,529 | Actual |
| 2022 | $48,211 | Actual |
| 2023 | $49,228 | Actual |
| 2024 | $53,251 | Actual |
| 2025 | $51,894 | Actual |
| 2026(current) | $53,762 | Estimated |
| 2027 | $55,698 | Projected |
Based on 7 years of BLS OEWS data for the Saratoga Springs metropolitan area, the median insurance agent salary grew 22.3% from $42,445 (2019) to $51,894 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $55,698 by 2027 — a total increase of $13,253 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Saratoga Springs 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) | $32,756 – $40,328 |
| 3-5 years (Mid Career) | $40,328 – $53,762 |
| 5+ years (Experienced) | $53,762 – $68,815 |
| 10+ years (Top Earner) | $68,815 – $83,332 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Saratoga Springs
With only 10 insurance agents currently employed in Saratoga Springs, the local job market presents a unique context for prospective agents entering the field. The cost-of-living index stands at 98.1, which suggests that living expenses here are slightly below the national average, thereby affecting actual purchasing power for agents. Among local employers, captive insurance companies often offer competitive salaries initially but may restrict growth potential through capped commissions and limited book sizes. Conversely, independent and commercial brokerage firms are increasingly attractive options for agents targeting higher compensation, particularly those skilled in commercial lines which can yield commissions up to five to ten times greater than personal lines. For agents in Saratoga Springs aiming to maximize their pay, it would be advisable to consider positioning themselves within sectors that value strategic growth, create a diversified book of business, and seek opportunities for advancement in agency ownership or larger brokerage firms.
More salary data for Saratoga Springs, 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 $51,894 for insurance agentsin the Saratoga Springs 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 Saratoga Springs 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