Average Insurance Agent Salary in New Jersey

Finance · Updated 2024 · Based on BLS and industry data

Salary Overview

The average Insurance Agent in New Jersey 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 New Jersey 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 New Jersey

City	Average Salary	Monthly
Newark	$67,800	$5,650/mo
Jersey City	$64,100	$5,342/mo
Trenton	$61,500	$5,125/mo
Edison	$59,700	$4,975/mo
Princeton	$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	1.4%-10.75% (7 brackets)
State Minimum Wage	$15.13/hr
Cost of Living Index	1.21 (+21% vs national avg)

Top Employers in New Jersey

Major employers hiring Insurance Agents in New Jersey include Johnson & Johnson, Prudential, Merck, Campbell Soup, and BD (Becton Dickinson). These companies and organizations offer competitive salaries and benefits packages for finance professionals.

Calculate Your New Jersey Take-Home Pay

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