Insurance Agent Salary in Urban Honolulu, HI: $66,480 (2026)
Quick Answer:A full-time insurance agent in Urban Honolulu, HI earns a median $66,480/year (≈ $31.96/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Urban Honolulu's price level (11% above national, BEA RPP 111.0), that paycheck buys what $59,913 would nationally. Nominal pay sits 13.6% below the Hawaii state average.
Official BLS data · View source
In Urban Honolulu, a projected median annual salary of $66,480 for insurance agents reveals a competitive advantage over the national average of $64,522 as of 2026. This salary, with a range from $39,285 at the lowest 10th percentile to $112,251 at the 90th percentile, reflects the dynamics within the local insurance market. The structural divide between captive agents at companies like State Farm and Allstate, independent agents, and large commercial brokerages plays a significant role in determining earnings in this region. Companies that employ captive agents typically offer training and resources that can lead to stable but capped compensation, while independent agents and commercial brokers often enjoy greater earning potential due to unrestricted commission structures. This complexity in compensation highlights the potential for higher income for those immersed in diverse financial services beyond traditional insurance products.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $39,285 | $18.89 |
| Lower Range (P25) | $58,472 | $28.12 |
| Median (P50)(typical) | $66,480 | $31.96 |
| Upper Range (P75) | $81,854 | $39.36 |
| Top Earners (P90) | $112,251 | $53.97 |
Median Salary Position
3.03% above the national average
2026 Salary Percentile Distribution in Urban Honolulu
In Urban Honolulu, HI, the insurance agent salary spread from the 10th to 90th percentile is $72,966 (2026 est.). At $66,480, the local median is 3.03% above the national median of $64,522.
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At 40 hours/week in Urban Honolulu: You'd be in the lower-middle range
How Urban Honolulu Insurance Agent Pay Compares
Urban Honolulu median: $66,480/year (2026)
| Compared To | Median Salary | Urban Honolulu Pays |
|---|---|---|
| Hawaii Average | $76,945 | -13.60% less |
| National Average | $64,522 | +3.03% more |
Insurance Agents in Urban Honolulu, HI earn a median of $66,480 per year (2026 est.), which is 3.03% higher than the national median of $64,522 and 13.60% below the Hawaii state average of $76,945.
Cost-of-Living Adjusted Salary
Urban Honolulu has a cost of living 10.96% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Urban Honolulu, HI has a cost-of-living index of 110.961 (above the national average of 100). While the nominal salary of $66,480 is competitive, the higher cost of living reduces purchasing power to an effective $59,913 — a 9.88% reduction.
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2019 BLS Actual
$51,790
2025 BLS Actual
$64,170
2026 Current Est.
$66,480
2019–2027 Growth
+33.0%
Salary Trajectory for Insurance Agents in Urban Honolulu (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $51,790 | Actual |
| 2020 | $51,440 | Actual |
| 2021 | $48,880 | Actual |
| 2022 | $60,380 | Actual |
| 2023 | $58,680 | Actual |
| 2024 | $64,570 | Actual |
| 2025 | $64,170 | Actual |
| 2026(current) | $66,480 | Estimated |
| 2027 | $68,873 | Projected |
Based on 7 years of BLS OEWS data for the Urban Honolulu metropolitan area, the median insurance agent salary grew 23.9% from $51,790 (2019) to $64,170 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $68,873 by 2027 — a total increase of $17,083 (32.99%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Urban Honolulu 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $39,285 – $58,472 |
| 3-5 years (Mid Career) | $58,472 – $66,480 |
| 5+ years (Experienced) | $66,480 – $81,854 |
| 10+ years (Top Earner) | $81,854 – $112,251 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Urban Honolulu
The job market for insurance agents in Urban Honolulu is relatively robust, with approximately 820 professionals actively working in this field. However, the cost of living in the area, indicated by a cost-of-living index of 110.961, presents challenges in terms of purchasing power. Captive insurance carriers may offer more consistent pay, yet competition exists among independent agencies and larger firms like Aon and Marsh, known for specialized services that can provide higher remuneration. The earnings spectrum is further influenced by factors such as the size of one's book of business and the nature of the lines sold; commercial lines often carry significantly higher commissions than personal lines. For agents looking to maximize their insurance agent pay in Urban Honolulu, focusing on developing a substantial book of business and tapping into commercial insurance markets can be essential strategies in a competitive landscape.
More salary data for Urban Honolulu, HI:
Frequently Asked Questions
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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
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. The BLS reported a median annual salary of $64,170 for insurance agentsin the Urban Honolulu metropolitan area. A 3.60% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
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