Average Insurance Agent Salary in Michigan

Finance · Updated 2024 · Based on BLS and industry data

Salary Overview

The average Insurance Agent in Michigan earns $57,500 per year, which is below the national average of $59,080. This translates to approximately $27.64 per hour, $2,212 biweekly, or $4,792 per month before taxes.

The cost of living in Michigan is 9% below the national average, meaning your salary goes further here compared to higher-cost states.

Salary Range

Percentile	Annual Salary	Hourly Rate
Entry Level (25th)	$43,100	$20.72
Average (50th)	$57,500	$27.64
Experienced (75th)	$66,100	$31.79
Top Earners (90th)	$74,800	$35.96

Insurance Agent Salary by City in Michigan

City	Average Salary	Monthly
Detroit	$62,100	$5,175/mo
Grand Rapids	$58,600	$4,883/mo
Ann Arbor	$56,400	$4,700/mo
Lansing	$54,600	$4,550/mo
Dearborn	$53,500	$4,458/mo

Career Quick Facts

Detail	Information
Job Category	Finance
Typical Education	High school diploma
Job Growth (2022-2032)	6% (nationwide)
State Income Tax	Flat 4.25%
State Minimum Wage	$10.33/hr
Cost of Living Index	0.91 (-9% vs national avg)

Top Employers in Michigan

Major employers hiring Insurance Agents in Michigan include Ford Motor, General Motors, Beaumont Health, Dow Chemical, and Quicken Loans. These companies and organizations offer competitive salaries and benefits packages for finance professionals.

Calculate Your Michigan Take-Home Pay

Want to see your actual paycheck after taxes? Use our free Michigan Take-Home Pay Calculator to see exactly how much you'll take home based on your salary, filing status, and deductions.