Insurance Agent Salary in Alexandria, VA: $67,039 (2026)
Quick Answer:A full-time insurance agent in Alexandria, VA earns a median $67,039/year (≈ $32.23/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Alexandria's price level (3% above national, BEA RPP 103.2), that paycheck buys what $64,960 would nationally. Nominal pay sits 10.8% above the Virginia state average.
Based on BLS state-level estimates · View source
In Alexandria, Virginia, insurance agents find themselves in a robust market characterized by a median annual salary of $67,039, reflecting a 3.90% increase over the national median of $64,522 for the year 2026. Local salaries range significantly from $41,308 at the 10th percentile to $103,910 at the 90th percentile, emphasizing a diverse earning potential based on experience, agency model, and market segment. These estimates, derived from 2025 BLS data, account for regional price adjustments, making Alexandria's compensation for insurance agents slightly above the national benchmark, indicative of a competitive hiring landscape where traditional captive agents can coexist with independent brokers and larger commercial firms.
About the Alexandria Market
Salary estimated from Virginia average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $41,308 | $19.86 |
| Lower Range (P25) | $50,958 | $24.50 |
| Median (P50)(typical) | $67,039 | $32.23 |
| Upper Range (P75) | $85,810 | $41.25 |
| Top Earners (P90) | $103,910 | $49.96 |
Median Salary Position
3.90% above the national average
2026 Salary Percentile Distribution in Alexandria
In Alexandria, VA, the insurance agent salary spread from the 10th to 90th percentile is $62,602 (2026 est.). At $67,039, the local median is 3.9% above the national median of $64,522.
Salary Calculator
At 40 hours/week in Alexandria: You'd be in the lower-middle range
How Alexandria Insurance Agent Pay Compares
Alexandria median: $67,039/year (2026)
| Compared To | Median Salary | Alexandria Pays |
|---|---|---|
| Virginia Average | $60,504 | +10.80% more |
| National Average | $64,522 | +3.90% more |
Insurance Agents in Alexandria, VA earn a median of $67,039 per year (2026 est.), which is 3.90% higher than the national median of $64,522 and 10.80% above the Virginia state average of $60,504.
Cost-of-Living Adjusted Salary
Alexandria has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Alexandria, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $67,039 is competitive, the higher cost of living reduces purchasing power to an effective $64,960 — a 3.1% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$52,927
2025 BLS Actual
$64,709
2026 Current Est.
$67,039
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Alexandria (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $52,927 | Actual |
| 2020 | $54,215 | Actual |
| 2021 | $51,784 | Actual |
| 2022 | $60,117 | Actual |
| 2023 | $61,384 | Actual |
| 2024 | $64,078 | Actual |
| 2025 | $64,709 | Actual |
| 2026(current) | $67,039 | Estimated |
| 2027 | $69,452 | Projected |
Based on 7 years of BLS OEWS data for the Alexandria metropolitan area, the median insurance agent salary grew 22.3% from $52,927 (2019) to $64,709 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $69,452 by 2027 — a total increase of $16,525 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Alexandria 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) | $41,308 – $50,958 |
| 3-5 years (Mid Career) | $50,958 – $67,039 |
| 5+ years (Experienced) | $67,039 – $85,810 |
| 10+ years (Top Earner) | $85,810 – $103,910 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Alexandria
Analyzing the local job market, there are currently 26 insurance agents employed in Alexandria, VA, which suggests a concentrated but potentially saturated field. The area's cost-of-living index of 103.2 implies that while salaries may be higher than the national average, agents must consider living expenses in their financial planning. Captive agents working with major carriers like State Farm and Allstate typically earn well, benefitting from structured compensation packages; however, independent agencies and large commercial brokerages that focus on complex risk management pay significantly more. The stark pay gradient between personal lines, which generally yield lower commissions, and commercial lines is crucial for aspiring agents. To maximize income in Alexandria's market, agents should focus on developing relationships in commercial sectors, consider agency ownership, and enhance their expertise through credentials such as CPCU or CIC, positioning themselves for higher-value portfolios.
More salary data for Alexandria, VA:
Frequently Asked Questions
How much do insurance agents make in Alexandria, VA in 2026?
Is Alexandria, VA a good place to work as a insurance agent?
Can insurance agents make $100K in Alexandria?
What is the cost-of-living adjusted insurance agent salary in Alexandria?
How much does a insurance agent make per hour in Alexandria?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Virginia
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 $64,709 for insurance agentsin the Alexandria 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 Alexandria 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