Insurance Agent Salary in Colorado: $72,562 (2026)
Quick Answer:Across Colorado's 33 metropolitan areas, the average median insurance agent pay sits at $72,562/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 41-3021. Because Colorado sits at BEA RPP 105.0 (5% above the U.S. baseline), that statewide median translates to roughly $69,107 in nationally-comparable purchasing power. Highest-paying metros: Centennial ($78,301), Denver ($77,590), Aurora ($75,886).
In Colorado, insurance agents can expect a median salary of $72,562 in 2026, which is significantly above the national median of $64,522, representing a difference of 12.5%. The salary range varies widely within the state; for instance, agents in Centennial earn the highest at $81,120, while those in Golden earn the lowest at $55,916, indicating a salary gap of $25,204. This disparity can be attributed to factors such as demand for services, local economies, and cost of living differences across cities. Colorado's insurance agents are required to obtain state licenses that reflect their specialty areas, which adds a layer of professionalism to the industry. The demand for insurance agents is likely driven by the state's growing population and the increasing complexity of insurance products. Currently, there are 9,069 insurance agents employed in Colorado, with a projected annual growth rate of 3.60%. Top cities for agents in 2026 include Centennial, Denver at $80,383, Aurora at $78,618, Greeley at $77,690, and Boulder at $64,657. This data suggests a strong job market for insurance agents, with favorable trends continuing in the coming years.
Colorado Insurance Agent Salary Range
Overall salary range in Colorado: $34,101 (lowest entry-level) to $173,406 (highest top earner)
Colorado vs National Average
Colorado insurance agents earn 12.46% more than the national median (+$8,040/year difference).
Colorado Insurance Agent Salary Distribution (2026)
Insurance Agent salaries in Colorado range from $45,271 (entry-level, 10th percentile) to $158,183 (top earners, 90th percentile), with a median of $72,562. The Colorado median is $8,040 above the US national median of $64,522. The average hourly rate is $34.88/hr. Approximately 9,069 insurance agents are employed across 33 cities.
2019 BLS Actual
$54,220
2025 BLS Actual
$70,041
2026 Current Est.
$72,562
2019–2027 Growth
+38.6%
Salary Trajectory for Insurance Agents in Colorado (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $54,220 | Actual |
| 2020 | $52,521 | Actual |
| 2021 | $55,065 | Actual |
| 2022 | $59,559 | Actual |
| 2023 | $61,024 | Actual |
| 2024 | $60,315 | Actual |
| 2025 | $70,041 | Actual |
| 2026(current) | $72,562 | Estimated |
| 2027 | $75,175 | Projected |
Based on 7 years of BLS OEWS data for the Colorado metropolitan area, the median insurance agent salary grew 29.2% from $54,220 (2019) to $70,041 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $75,175 by 2027 — a total increase of $20,955 (38.65%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Colorado 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.
Top 5 Highest Paying Cities in Colorado
Lowest Paying Cities in Colorado
| City | Median Salary |
|---|---|
| Golden | $55,916 |
| Grand Junction | $55,944 |
| Evans | $56,263 |
| Louisville | $56,593 |
| Durango | $56,925 |
Best Value Cities for Insurance Agents in Colorado
When adjusted for local cost of living, these Colorado cities offer the most purchasing power for insurance agents.
| City | Nominal Salary | CoL Index | Adjusted Salary |
|---|---|---|---|
| Greeley | $77,690 | 100.176 | $77,554 |
| Centennial | $81,120 | 105 | $77,257 |
| Denver | $80,383 | 105.782 | $75,989 |
| Aurora | $78,618 | 105 | $74,874 |
| Pueblo | $60,399 | 91.762 | $65,821 |
Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.
Salary by Experience Level in Colorado
| Experience Level | Estimated Annual |
|---|---|
| Entry Level (0-2 years) | $45,271 |
| Mid Career (3-7 years) | $72,562 |
| Experienced (7+ years) | $158,183 |
Estimates based on BLS percentile data averaged across Colorado metro areas. Individual pay varies by employer, certifications, and specialization.
All 33 Cities in Colorado
| # | City | Median Salary |
|---|---|---|
| 1 | Centennial | $81,120 |
| 2 | Denver | $80,383 |
| 3 | Aurora | $78,618 |
| 4 | Greeley | $77,690 |
| 5 | Boulder | $64,657 |
| 6 | Arvada | $62,206 |
| 7 | Thornton | $61,704 |
| 8 | Westminster | $61,091 |
| 9 | Lakewood | $60,797 |
| 10 | Colorado Springs | $60,751 |
| 11 | Pueblo | $60,399 |
| 12 | Parker | $60,219 |
| 13 | Erie | $60,110 |
| 14 | Windsor | $59,959 |
| 15 | Castle Rock | $59,842 |
| 16 | Broomfield | $59,824 |
| 17 | Longmont | $59,804 |
| 18 | Englewood | $59,346 |
| 19 | Commerce City | $58,934 |
| 20 | Lafayette | $58,794 |
| 21 | Fort Collins | $58,772 |
| 22 | Wheat Ridge | $58,454 |
| 23 | Brighton | $57,908 |
| 24 | Littleton | $57,715 |
| 25 | Fountain | $57,681 |
| 26 | Northglenn | $57,625 |
| 27 | Loveland | $57,364 |
| 28 | Steamboat Springs | $57,287 |
| 29 | Durango | $56,925 |
| 30 | Louisville | $56,593 |
| 31 | Evans | $56,263 |
| 32 | Grand Junction | $55,944 |
| 33 | Golden | $55,916 |
More Colorado Salary Data
Senior / Experienced
Top earner salaries for experienced insurance agents.
Compare Cities in Colorado
View all comparisons →Explore More Insurance Agent Salary Data
Frequently Asked Questions
How much do insurance agents make in Colorado in 2026?
What is the highest paying city for insurance agents in Colorado?
How does Colorado insurance agent pay compare to the national average?
What is the entry-level insurance agent salary in Colorado?
How many insurance agents are employed in Colorado?
Which Colorado city offers the best value for insurance agents?
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
Statewide salary 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 each metro area's reported salary to estimate current 2026 insurance agent compensation across Colorado. State averages are employment-weighted across 33 metro areas — larger metro areas with more insurance agentscontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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