Average Insurance Agent Salary in Tennessee
Finance · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Insurance Agent in Tennessee earns $57,100 per year, which is below the national average of $59,080. This translates to approximately $27.45 per hour, $2,196 biweekly, or $4,758 per month before taxes.
The cost of living in Tennessee is 11% 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) | $42,800 | $20.58 |
| Average (50th) | $57,100 | $27.45 |
| Experienced (75th) | $65,700 | $31.57 |
| Top Earners (90th) | $74,200 | $35.67 |
Insurance Agent Salary by City in Tennessee
| City | Average Salary | Monthly |
|---|---|---|
| Nashville | $61,700 | $5,142/mo |
| Memphis | $58,200 | $4,850/mo |
| Knoxville | $56,000 | $4,667/mo |
| Chattanooga | $54,200 | $4,517/mo |
| Clarksville | $53,100 | $4,425/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Finance |
| Typical Education | High school diploma |
| Job Growth (2022-2032) | 6% (nationwide) |
| State Income Tax | No state income tax |
| State Minimum Wage | $7.25/hr |
| Cost of Living Index | 0.89 (-11% vs national avg) |
Top Employers in Tennessee
Major employers hiring Insurance Agents in Tennessee include FedEx, HCA Healthcare, Vanderbilt University, AutoZone, and Dollar General. These companies and organizations offer competitive salaries and benefits packages for finance professionals.
Calculate Your Tennessee Take-Home Pay
Want to see your actual paycheck after taxes? Use our free Tennessee Take-Home Pay Calculator to see exactly how much you'll take home based on your salary, filing status, and deductions.
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