Insurance Agent Salary in Menomonie, WI: $76,031 (2026)
Quick Answer:A full-time insurance agent in Menomonie, WI earns a median $76,031/year (≈ $36.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Menomonie's price level (7% below national, BEA RPP 93.4), that paycheck buys what $81,404 would nationally. Nominal pay sits 5.1% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In 2026, the insurance agent salary in Menomonie is projected to be a median of $76,031, reflecting a notable increase over the years and positioning the local pay well above the national median of $64,522. The salary range for insurance agents in the area extends from $46,767 at the 10th percentile to $117,848 at the 90th percentile, clearly indicating a strong potential for earnings across various experience levels and types of commissions. These figures, derived from state-level data and adjusted for regional price parities, highlight the differences in compensation that can arise from the types of insurance sold—personal lines tend to offer lower commissions compared to commercial or specialty lines, which can yield much higher returns, affecting overall wages. Menomonie’s relatively low cost of living index, at 93.4, also plays a significant role in shaping these salary dynamics, allowing agents to achieve a reasonable standard of living even if their base pay is on the lower end of the spectrum.
About the Menomonie Market
Salary estimated from Wisconsin average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $46,767 | $22.48 |
| Lower Range (P25) | $57,183 | $27.50 |
| Median (P50)(typical) | $76,031 | $36.55 |
| Upper Range (P75) | $97,320 | $46.79 |
| Top Earners (P90) | $117,848 | $56.66 |
Median Salary Position
17.84% above the national average
2026 Salary Percentile Distribution in Menomonie
In Menomonie, WI, the insurance agent salary spread from the 10th to 90th percentile is $71,081 (2026 est.). At $76,031, the local median is 17.84% above the national median of $64,522.
Salary Calculator
At 40 hours/week in Menomonie: You'd be in the lower-middle range
How Menomonie Insurance Agent Pay Compares
Menomonie median: $76,031/year (2026)
| Compared To | Median Salary | Menomonie Pays |
|---|---|---|
| Wisconsin Average | $80,117 | -5.10% less |
| National Average | $64,522 | +17.84% more |
Insurance Agents in Menomonie, WI earn a median of $76,031 per year (2026 est.), which is 17.84% higher than the national median of $64,522 and 5.10% below the Wisconsin state average of $80,117.
Cost-of-Living Adjusted Salary
Menomonie has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Menomonie, WI has a cost-of-living index of 93.4 (below the national average of 100). A insurance agent earning $76,031 nominally has purchasing power equivalent to $81,404 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$60,026
2025 BLS Actual
$73,389
2026 Current Est.
$76,031
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Menomonie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $60,026 | Actual |
| 2020 | $61,487 | Actual |
| 2021 | $58,730 | Actual |
| 2022 | $68,181 | Actual |
| 2023 | $69,618 | Actual |
| 2024 | $54,950 | Actual |
| 2025 | $73,389 | Actual |
| 2026(current) | $76,031 | Estimated |
| 2027 | $78,768 | Projected |
Based on 7 years of BLS OEWS data for the Menomonie metropolitan area, the median insurance agent salary grew 22.3% from $60,026 (2019) to $73,389 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $78,768 by 2027 — a total increase of $18,742 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Menomonie 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) | $46,767 – $57,183 |
| 3-5 years (Mid Career) | $57,183 – $76,031 |
| 5+ years (Experienced) | $76,031 – $97,320 |
| 10+ years (Top Earner) | $97,320 – $117,848 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Menomonie
Despite the comparatively favorable salary figures, the job market for insurance agents in Menomonie reveals limited opportunities, with only four agents currently employed in the area. The cost of living offers a backdrop that makes the insurance agent pay in Menomonie WI appealing; lower living costs enhance the take-home pay for agents. Among local employers, captive agents at firms like State Farm and Allstate might offer more structured compensation packages but generally cap potential upside compared to independent agencies or large brokerages that thrive on diverse commercial lines. The income variability stems largely from the size of an agent's book of business and whether they specialize in personal or commercial lines, as the latter often yield five to ten times the commission per policy. For agents seeking to maximize earnings, building a robust portfolio of commercial clients and mastering the nuances of multiple carriers could be key strategies in this market, allowing them to take full advantage of growth potentials in insurance sales.
More salary data for Menomonie, WI:
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 $73,389 for insurance agentsin the Menomonie 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 Menomonie 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