Insurance Agent Salary

Insurance Agent Salary in Burke, VA: $59,756 (2026)

Quick Answer:A full-time insurance agent in Burke, VA earns a median $59,756/year (≈ $28.73/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Burke's price level (3% above national, BEA RPP 103.2), that paycheck buys what $57,903 would nationally. Nominal pay sits 1.2% below the Virginia state average.

$59,756
Median Annual Salary
$28.73/hr
Median Hourly Rate
$36,464
Entry Level (P10)
$92,623
Top Earners (P90)

Based on BLS state-level estimates · View source

Insurance Agent Salary in Burke, VA — 2026 est., based on 2025 BLS
Burke, VA insurance agent salary overview (2026 est., based on 2025 BLS)

In 2026, the median annual salary for insurance agents in Burke, Virginia, is projected to be $59,756. This figure reflects a competitive compensation structure compared to the national median of $64,522, placing Burke's pay at approximately 7.39% less. Salaries for local insurance agents span a wide range, from $36,464 at the 10th percentile to $92,623 at the 90th percentile. The local estimates, based on 2025 BLS data adjusted for regional price differences, highlight both the opportunities and challenges faced by insurance agents in this area. Burke's job market for insurance agents reveals a mix of captive agents—often working with names like State Farm and Allstate—and independent brokerages, which offer a variance in potential earnings based on commission structures and business models.

About the Burke Market

Salary estimated from Virginia average ($62,000) adjusted for local cost of living.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$36,464$17.53
Lower Range (P25)$44,866$21.57
Median (P50)(typical)$59,756$28.73
Upper Range (P75)$76,488$36.78
Top Earners (P90)$92,623$44.53

Median Salary Position

$36,464$92,623
City Median: $59,756
National: $64,522
P10–P90 Range

7.39% below the national average

2026 Salary Percentile Distribution in Burke

Vertical bar chart of 10th through 90th percentile salaries for insurance agents in Burke. The median salary is $59,756, compared to the national median of $64,522.$32.8K$48.9K$65.0K$81.1K$97.3K$36.5K10th Pctl$44.9K25th Pctl$59.8KMedian$76.5K75th Pctl$92.6K90th PctlUS Median$64.5K

In Burke, VA, the insurance agent salary spread from the 10th to 90th percentile is $56,159 (2026 est.). At $59,756, the local median is 7.39% below the national median of $64,522.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of insurance agent pay in the Burke metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$1,149
per week
$4,980
per month
$59,755
per year

At 40 hours/week in Burke: You'd be in the lower-middle range

How Burke Insurance Agent Pay Compares

Burke median: $59,756/year (2026)

Compared ToMedian SalaryBurke Pays
Virginia Average$60,482-1.20% less
National Average$64,522-7.39% less
Horizontal bar chart comparing insurance agent median salary in Burke ($59,756) with Virginia average ($60,482) and the US national median ($64,522).Burke$59,756Virginia Avg$60,482-1.20%US National$64,522-7.39%

Insurance Agents in Burke, VA earn a median of $59,756 per year (2026 est.), which is 7.39% lower than the national median of $64,522 and 1.20% below the Virginia state average of $60,482.

Cost-of-Living Adjusted Salary

$59,756
Nominal Salary
103.2
CoL Index
$57,903
Adjusted Salary

Burke has a cost of living 3.20% above the national average.

Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.

The nominal salary is $59,756. After adjusting for a cost-of-living index of 103.2, the purchasing-power equivalent is $57,903, a loss of $1,853.$49.2K$55.5K$61.7K$68.0K$74.2K$59,756NominalSalary$57,903CoL Adjusted(CoL: 103.2) -3.10%US Median $64.5K

Burke, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $59,756 is competitive, the higher cost of living reduces purchasing power to an effective $57,903 — a 3.1% reduction.

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2019 BLS Actual

$47,178

2025 BLS Actual

$57,680

2026 Current Est.

$59,756

2019–2027 Growth

+31.2%

Salary Trajectory for Insurance Agents in Burke (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.

BLS Actual Estimated Projected
Salary trajectory chart for insurance agents in Burke. Baseline $47,178 in 2025, projected to $61,908 by 2027.$42.8K$48.7K$54.7K$60.6K$66.6K2019202020212022202320242025202620272025 BLS$47.2K$48.3K$46.2K$53.6K$54.7K$63.2K$57.7K$59.8K$61.9K
YearAnnual SalaryStatus
2019$47,178Actual
2020$48,326Actual
2021$46,159Actual
2022$53,586Actual
2023$54,716Actual
2024$63,184Actual
2025$57,680Actual
2026(current)$59,756Estimated
2027$61,908Projected

Based on 7 years of BLS OEWS data for the Burke metropolitan area, the median insurance agent salary grew 22.3% from $47,178 (2019) to $57,680 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $61,908 by 2027 — a total increase of $14,730 (31.22%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the Burke metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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

ExperienceEstimated Salary Range
0-2 years (New Graduate)$36,464$44,866
3-5 years (Mid Career)$44,866$59,756
5+ years (Experienced)$59,756$76,488
10+ years (Top Earner)$76,488$92,623

Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.

Insurance Agent Job Market in Burke

The local job market is relatively stable with only 10 insurance agents currently operating in Burke. With a cost-of-living index of 103.2, the purchasing power of the income can be slightly limited when compared to areas with lower living costs. Captive agents may generally find better compensation packages through structured salary plus bonuses from single carriers, whereas independent agents need to focus on building a substantial book of business to maximize their earnings. The disparity in pay is driven by multiple factors, including the type of insurance being sold—commercial lines tend to deliver higher commissions compared to personal lines—and the commission structures of various employers. To enhance earnings in Burke, agents should consider pursuing credentials like the CPCU or CIC, as these can lead to advanced opportunities and higher client trust.

Frequently Asked Questions

How much do insurance agents make in Burke, VA in 2026?

The estimated 2026 median insurance agent salary in Burke is $59,756/year ($28.73/hour), based on estimated 2026 salary (projected from 2025 BLS data at 3.60% annual growth). Salaries range from $36,464 at entry level (10th percentile) to $92,623 for experienced top earners (90th percentile). This puts Burke at 7.4% below the national median. Full-time insurance agents typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Burke, VA a good place to work as a insurance agent?

Burke insurance agent salaries are 7.4% below the national average and 1.2% below the Virginia state average. The metro area employs approximately 10 insurance agents. With a cost-of-living index of 103.2, you should factor in higher living costs when evaluating compensation. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can insurance agents make $100K in Burke?

The median insurance agent salary in Burke is $59,756, and the 90th percentile earns $92,623. Reaching $100K in this market typically requires a combination of advanced certifications, working at multiple practices, or transitioning into education or consulting roles.

What is the cost-of-living adjusted insurance agent salary in Burke?

After adjusting for Burke's cost-of-living index of 103.2 (where 100 equals the national average), the $59,756 nominal salary has purchasing power equivalent to $57,903 in an average-cost city. This means living costs in Burke reduce the effective value of your salary by 3.1% compared to the national average — consider negotiating higher base pay or exploring nearby lower-cost metros.

How much does a insurance agent make per hour in Burke?

Insurance Agents in Burke earn a median hourly rate of $28.73, which translates to approximately $59,756/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $17.53 for entry-level positions to $44.53 for the most experienced practitioners. Part-time and per diem insurance agents sometimes command premium hourly rates because practices need flexible scheduling coverage.

Related Pages

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JL

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.

Clinically reviewed by Maria Gonzalez, CICData verified by Raj Patel, LUTCF

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 $57,680 for insurance agentsin the Burke 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 Burke is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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