Insurance Agent Salary in Thibodaux, LA: $61,706 (2026)
Quick Answer:A full-time insurance agent in Thibodaux, LA earns a median $61,706/year (≈ $29.67/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Thibodaux's price level (10% below national, BEA RPP 90.3), that paycheck buys what $68,334 would nationally. Nominal pay sits 18.8% above the Louisiana state average.
Based on BLS state-level estimates · View source
With a projected median annual salary of $61,706 for insurance agents in Thibodaux, LA, the compensation reflects a competitive market position, albeit slightly below the national average of $64,522. The salary range for these professionals varies significantly, hitting a low of $40,006 at the 10th percentile and reaching up to $95,645 at the 90th percentile. Such disparities can often be attributed to the nature of the business they engage in. Agents focused on personal lines may earn less compared to their counterparts in commercial and specialty lines, where commissions can be five to ten times greater per policy. Given these figures, Thibodaux's job market for insurance agents appears poised for steady growth, supported by an annual growth rate projected at 3.60% over the next five years.
About the Thibodaux Market
Salary estimated from Louisiana average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $40,006 | $19.24 |
| Lower Range (P25) | $47,900 | $23.03 |
| Median (P50)(typical) | $61,706 | $29.67 |
| Upper Range (P75) | $78,984 | $37.97 |
| Top Earners (P90) | $95,645 | $45.99 |
Median Salary Position
4.36% below the national average
2026 Salary Percentile Distribution in Thibodaux
In Thibodaux, LA, the insurance agent salary spread from the 10th to 90th percentile is $55,639 (2026 est.). At $61,706, the local median is 4.36% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Thibodaux: You'd be in the lower-middle range
How Thibodaux Insurance Agent Pay Compares
Thibodaux median: $61,706/year (2026)
| Compared To | Median Salary | Thibodaux Pays |
|---|---|---|
| Louisiana Average | $51,941 | +18.80% more |
| National Average | $64,522 | -4.36% less |
Insurance Agents in Thibodaux, LA earn a median of $61,706 per year (2026 est.), which is 4.36% lower than the national median of $64,522 and 18.80% above the Louisiana state average of $51,941.
Cost-of-Living Adjusted Salary
Thibodaux has a cost of living 9.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Thibodaux, LA has a cost-of-living index of 90.3 (below the national average of 100). A insurance agent earning $61,706 nominally has purchasing power equivalent to $68,334 in an average-cost city — an effective 10.74% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$48,717
2025 BLS Actual
$59,562
2026 Current Est.
$61,706
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Thibodaux (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $48,717 | Actual |
| 2020 | $49,903 | Actual |
| 2021 | $47,665 | Actual |
| 2022 | $55,335 | Actual |
| 2023 | $56,502 | Actual |
| 2024 | $45,705 | Actual |
| 2025 | $59,562 | Actual |
| 2026(current) | $61,706 | Estimated |
| 2027 | $63,928 | Projected |
Based on 7 years of BLS OEWS data for the Thibodaux metropolitan area, the median insurance agent salary grew 22.3% from $48,717 (2019) to $59,562 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $63,928 by 2027 — a total increase of $15,211 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Thibodaux 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) | $40,006 – $47,900 |
| 3-5 years (Mid Career) | $47,900 – $61,706 |
| 5+ years (Experienced) | $61,706 – $78,984 |
| 10+ years (Top Earner) | $78,984 – $95,645 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Thibodaux
In the Thibodaux insurance landscape, where six agents are currently employed, the cost of living index rests at 90.3, indicating a relatively affordable setting that enhances the take-home purchasing power for those in the industry. For agents in Thibodaux, positioning within the local market can greatly influence earnings potential. Captive agents representing prominent carriers like State Farm or Allstate generally see structured pay, which can provide stability but may cap commission upside. In contrast, independent agencies and larger brokerage firms tend to offer more lucrative opportunities, particularly for agents handling commercial lines, which yield significantly higher commissions. To maximize their earning potential, agents should consider building a robust book of business and diversifying into both commercial and specialty lines, leveraging their training and certifications such as CPCU. Additionally, seeking agency ownership or exploring opportunities to partner with multi-carrier brokerages can enhance long-term earnings potential, further solidifying their career in Thibodaux.
More salary data for Thibodaux, LA:
Frequently Asked Questions
How much do insurance agents make in Thibodaux, LA in 2026?
Is Thibodaux, LA a good place to work as a insurance agent?
Can insurance agents make $100K in Thibodaux?
What is the cost-of-living adjusted insurance agent salary in Thibodaux?
How much does a insurance agent make per hour in Thibodaux?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Louisiana
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 $59,562 for insurance agentsin the Thibodaux 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
Salary data for Thibodaux 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