Average Insurance Agent Salary in Connecticut
Finance · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Insurance Agent in Connecticut earns $62,800 per year, which is above the national average of $59,080. This translates to approximately $30.19 per hour, $2,415 biweekly, or $5,233 per month before taxes.
The cost of living in Connecticut is 21% above the national average, which explains the higher salary levels needed to maintain purchasing power.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $47,100 | $22.64 |
| Average (50th) | $62,800 | $30.19 |
| Experienced (75th) | $72,200 | $34.72 |
| Top Earners (90th) | $81,600 | $39.23 |
Insurance Agent Salary by City in Connecticut
| City | Average Salary | Monthly |
|---|---|---|
| Hartford | $67,800 | $5,650/mo |
| New Haven | $64,100 | $5,342/mo |
| Stamford | $61,500 | $5,125/mo |
| Bridgeport | $59,700 | $4,975/mo |
| Waterbury | $58,400 | $4,867/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Finance |
| Typical Education | High school diploma |
| Job Growth (2022-2032) | 6% (nationwide) |
| State Income Tax | 3%-6.99% (7 brackets) |
| State Minimum Wage | $15.69/hr |
| Cost of Living Index | 1.21 (+21% vs national avg) |
Top Employers in Connecticut
Major employers hiring Insurance Agents in Connecticut include Yale New Haven Health, Cigna, Raytheon, Hartford Financial, and Pratt & Whitney. These companies and organizations offer competitive salaries and benefits packages for finance professionals.
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