Average Insurance Agent Salary in New York

Finance · Updated 2024 · Based on BLS and industry data

Salary Overview

The average Insurance Agent in New York earns $66,000 per year, which is above the national average of $59,080. This translates to approximately $31.73 per hour, $2,538 biweekly, or $5,500 per month before taxes.

The cost of living in New York is 39% 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)	$49,500	$23.80
Average (50th)	$66,000	$31.73
Experienced (75th)	$75,900	$36.49
Top Earners (90th)	$85,800	$41.25

Insurance Agent Salary by City in New York

City	Average Salary	Monthly
New York City	$71,300	$5,942/mo
Buffalo	$67,300	$5,608/mo
Rochester	$64,700	$5,392/mo
Albany	$62,700	$5,225/mo
Syracuse	$61,400	$5,117/mo

Career Quick Facts

Detail	Information
Job Category	Finance
Typical Education	High school diploma
Job Growth (2022-2032)	6% (nationwide)
State Income Tax	4%-10.9% (9 brackets)
State Minimum Wage	$15.00/hr
Cost of Living Index	1.39 (+39% vs national avg)

Top Employers in New York

Major employers hiring Insurance Agents in New York include JPMorgan Chase, Citigroup, Mount Sinai, IBM, and Pfizer. These companies and organizations offer competitive salaries and benefits packages for finance professionals.

Calculate Your New York Take-Home Pay

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