Insurance Agent Salary

Baltimore vs Towson: Insurance Agent Salary (2026)

Compare insurance agent salaries between Baltimore, MD and Towson, MD. All figures are 2026 estimates projected from BLS 2025 data.

Baltimore, MD
$60,399
$29.04/hr
Towson, MD
$60,165
$28.93/hr

Side-by-Side Comparison

MetricBaltimore, MDTowson, MD
Median Salary$60,399$60,165
Hourly Rate$29.04$28.93
Entry Level (P10)$40,943$38,314
25th Percentile$46,589$46,517
75th Percentile$80,300$77,011
Top Earner (P90)$139,518$93,256
Total Employed2,84011
Side-by-side bar chart comparing Baltimore ($60,399) and Towson ($60,165) insurance agent salaries.BaltimoreTowsonMedian Salary$60,399$60,165Entry Level (P10)$40,943$38,314Top Earner (P90)$139,518$93,256US Median $64,522

Verdict

Baltimore, MD offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Towson.

The salary gap between Baltimore and Towson is $234 (0.39%). Baltimore's median is -6.39% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Baltimore spans $98,575,Towson spans $54,942. Baltimore has a wider pay range, meaning more potential for high earners but also more variation.

Baltimore
P10 (Entry)$40,943
P25$46,589
Median$60,399
P75$80,300
P90 (Top)$139,518
Towson
P10 (Entry)$38,314
P25$46,517
Median$60,165
P75$77,011
P90 (Top)$93,256

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Baltimore ($57,805 effective) pays 5.01% more than Towson ($55,046 effective).

Baltimore
Nominal: $60,399
CoL Index: 104.487
Adjusted: $57,805
Towson
Nominal: $60,165
CoL Index: 109.3
Adjusted: $55,046

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Baltimore if…

  • Higher median salary ($60,399/year)
  • Better top-earner potential ($139,518)
  • Larger job market (2,840 employed)
  • Better purchasing power (CoL-adjusted: $57,805)
  • You prefer the Maryland area and lifestyle

Choose Towson if…

  • You prefer the Maryland area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Baltimore grew 20.8% from 2019 to 2025, compared to -20.8% growth in Towson over the same period.

Baltimore, MD

+20.8%

$48,270 (2019) → $58,300 (2025)

Towson, MD

+-20.8%

$73,295 (2024) → $58,074 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Baltimore or Towson?

Baltimore has a higher median insurance agent salary at $60,399/year, compared to Towson at $60,165/year — a difference of $234 (0.39%).

What is the hourly rate difference between Baltimore and Towson?

Baltimore insurance agents earn $29.04/hr while Towson hygienists earn $28.93/hr (2026 est.).

Should I relocate from Baltimore to Towson as a insurance agent?

Consider more than just salary when comparing Baltimore and Towson. Factor in cost of living (CoL-adjusted: Baltimore = $57,805, Towson = $55,046), job availability (2,840 vs 11 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Baltimore vs Towson?

Entry-level (10th percentile) insurance agents earn $40,943 in Baltimore and $38,314 in Towson. The Baltimore area offers higher starting salaries.
JL

Written by Jordan Lee, MBA

Career Analyst

Jordan has over 10 years of experience in the insurance industry. He specializes in property and casualty insurance. He has worked in both agency and corporate settings.

Clinically reviewed by Maria Gonzalez, CICData verified by Raj Patel, LUTCF

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.60% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, MBA, a licensed insurance agent with 10+ years of clinical experience. · View source data at BLS.gov