Insurance Agent Hourly Pay in Marion, IA: $30.39 (2026)
Quick Answer:Hourly pay for a insurance agent working in Marion, IA runs $30.39 at the median for 2026 — annualizing to $63,200 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-3021). Weighted against Marion's regional price level (BEA RPP 90.4, 10% below national), each hour of work buys what $33.61 nationally would. A 24-hour part-time schedule grosses $37,922 per year.
Based on BLS state-level estimates · View source
In 2026, the median hourly pay for insurance agents in Marion, IA is projected to be $30.39, slightly lower than the national hourly median of $31.02. This rate represents a livable wage for those working in various settings, including independent agencies, captive agent storefronts, and even managing client visits for commercial inspections. For part-time agents, particularly those working three days a week, this means that they can earn a substantial income, albeit at a reduced pace compared to full-time colleagues. Entry-level positions begin at around $18.30 per hour, while seasoned industry professionals can command as much as $47.10. It’s essential to understand that these figures, reflecting estimated hourly rates, are derived from annual salary data, offering a valuable insight into shaping careers in this field.
About the Marion Market
Salary estimated from Iowa average ($62,000) adjusted for local cost of living.
Insurance Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.30 | $146.37 |
| Lower Range (P25) | $22.66 | $181.26 |
| Median (P50) | $30.39 | $243.09 |
| Upper Range (P75) | $38.89 | $311.13 |
| Top Earners (P90) | $47.10 | $376.77 |
Estimated Annual Income by Work Schedule in Marion
Based on $30.39/hr median hourly rate · 2026 est.
At $30.39/hr, a insurance agent working full-time (40 hr/wk) in Marion, IA can expect to earn approximately $63,203 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $36,463. With a cost-of-living index of 90.40 (below the national average), these earnings stretch further in Marion.
Hourly Rate Calculator
Schedule Comparison in Marion
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,215.44 | $5,267 | $63,203 |
| Part-Time (24 hrs) | $729.26 | $3,160 | $37,922 |
| Per Diem (16 hrs) | $486.17 | $2,107 | $25,281 |
Compare Agent Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Insurance Agent (Marion) | $30.39 |
| Real Estate Sales Agent (National Avg) | $32.36 |
| Personal Financial Advisor (National Avg) | $51.62 |
| Insurance Underwriter (National Avg) | $37.70 |
| Claims Adjuster (National Avg) | $35.30 |
Insurance Agents in Marion, IA earn a median of $63,200 per year (2026 est.), which is 2.05% lower than the national median of $64,522 and 1.70% below the Iowa state average of $64,293.
Insurance Agent Hourly Pay vs. Cost of Living
Working 24h/week at $30.39/hr = $37,922/year (purchasing power: $41,949).
Working 40h/week (full-time) = $63,203/year (purchasing power: $69,914).
CoL index: 90.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$23.99/hr
2025 BLS Actual
$29.33/hr
2026 Current Est.
$30.39/hr
2019–2027 Growth
+31.2%
Hourly Rate Trajectory for Insurance Agents in Marion (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $23.99/hr | Actual |
| 2020 | $24.57/hr | Actual |
| 2021 | $23.47/hr | Actual |
| 2022 | $27.25/hr | Actual |
| 2023 | $27.82/hr | Actual |
| 2024 | $26.50/hr | Actual |
| 2025 | $29.33/hr | Actual |
| 2026(current) | $30.39/hr | Estimated |
| 2027 | $31.48/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for insurance agents in Marion grew 22.3% from $23.99/hr (2019) to $29.33/hr (2025). At a 3.60% projected growth rate, hourly pay is expected to reach $31.48/hr by 2027. Part-time and per-diem insurance agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Marion metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.60% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Insurance Agent in Marion
When examining earnings potential for part-time insurance agents, those working 24 hours a week might take home around $37,325 annually, substantially less than their full-time counterparts. The per diem insurance agent model is less common here, as most compensation is commission-based. However, established consultants in this domain can bill anywhere from $200 to $400 per hour for specialized consulting. Notably, hourly rates also vary widely depending on whether agents are with captive firms, independent agencies, or large commercial brokerages. Captive agents often provide health insurance benefits but usually earn lower hourly rates compared to independent agents, who may have more flexibility. Negotiating your hourly rate is crucial—focus on specialized credentials like CPCU to enhance your bargaining power in Marion's diverse insurance market.
More salary data for Marion, IA:
Frequently Asked Questions
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Career Resources
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.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.60% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for insurance agents in Marion. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Marion is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.60%, derived from historical BLS wage trends for insurance agents (SOC 41-3021).
Compiled and verified by Jordan Lee, MBA, a licensed insurance agent with 10+ years of clinical experience. · View source data at BLS.gov