Insurance Agent Salary in New Jersey: $74,972 (2026)

Quick Answer:Across New Jersey's 61 metropolitan areas, the average median insurance agent pay sits at $74,972/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 41-3021. Because New Jersey sits at BEA RPP 115.2 (15% above the U.S. baseline), that statewide median translates to roughly $65,080 in nationally-comparable purchasing power. Highest-paying metros: Jersey City ($82,003), Newark ($80,739), Camden ($79,593).

Insurance Agent Salary in New Jersey - 2025 BLS Data Infographic — New Jersey insurance agent salary overview (2026)

$74,972

Avg Median Salary

$36.04

Avg Hourly Rate

1,169

Metro Employed

Cities

In 2026, insurance agents in New Jersey can expect an average median salary of $74,972, which is notably higher than the national median of $64,522, marking a difference of 16.2%. The highest salaries are found in Jersey City at $84,955, while the lowest in Summit is $69,269, creating a salary gap of $15,686. This disparity can be attributed to factors such as local cost of living, demand for insurance products, and the density of clientele in urban areas. New Jersey has specific licensing requirements that agents must comply with, including pre-licensing education and ongoing continuing education. Additionally, the state's regulatory framework and scope of practice laws can influence salary and job responsibilities. Given New Jersey's population density and diverse demographics, there is a steady demand for insurance services, contributing to a projected annual growth rate of 3.60% for the profession. Among the top cities for insurance agents in 2026 are Newark at $83,646, Camden at $82,458, Vineland at $79,233, and Princeton at $76,286, indicating a concentration of opportunities in urban areas. The overall job market for insurance agents in New Jersey appears strong, with a stable outlook driven by consistent demand for various insurance products.

New Jersey Insurance Agent Salary Range

Entry Level (10th %ile)

$46,166

avg across 61 cities

Median

$74,972

state average

Top Earners (90th %ile)

$130,471

avg across 61 cities

Overall salary range in New Jersey: $38,788 (lowest entry-level) to $163,553 (highest top earner)

New Jersey vs National Average

New Jersey

$74,972

National Median

$64,522

New Jersey insurance agents earn 16.20% more than the national median (+$10,450/year difference).

New Jersey Insurance Agent Salary Distribution (2026)

Insurance Agent salaries in New Jersey range from $46,166 (entry-level, 10th percentile) to $130,471 (top earners, 90th percentile), with a median of $74,972. The New Jersey median is $10,450 above the US national median of $64,522. The average hourly rate is $36.04/hr. Approximately 1,169 insurance agents are employed across 61 cities.

2019 BLS Actual

$49,260

2025 BLS Actual

$72,367

2026 Current Est.

$74,972

2019–2027 Growth

+57.7%

Salary Trajectory for Insurance Agents in New Jersey (2019–2027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.

BLS Actual Estimated Projected

Year	Annual Salary	Status
2019	$49,260	Actual
2020	$57,943	Actual
2021	$63,465	Actual
2022	$72,084	Actual
2023	$69,329	Actual
2024	$82,215	Actual
2025	$72,367	Actual
2026(current)	$74,972	Estimated
2027	$77,671	Projected

Based on 7 years of BLS OEWS data for the New Jersey metropolitan area, the median insurance agent salary grew 46.9% from $49,260 (2019) to $72,367 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $77,671 by 2027 — a total increase of $28,411 (57.68%) from 2019.

Note: Historical values (2019–2025) are actual BLS OEWS figures for the New Jersey 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 New Jersey

Jersey City

42 employed · $40.84/hr

$84,955

+13.32% vs avg

Newark

61 employed · $40.22/hr

$83,646

+11.57% vs avg

Camden

16 employed · $39.65/hr

$82,458

+9.99% vs avg

Vineland

40 employed · $38.09/hr

$79,233

+5.68% vs avg

Princeton

6 employed · $36.67/hr

$76,286

+1.75% vs avg

Lowest Paying Cities in New Jersey

City	Median Salary	vs State Avg	Hourly
Summit	$69,269	-7.61%	$33.31
Rahway	$70,314	-6.21%	$33.80
Evesham	$70,626	-5.80%	$33.96
Egg Harbor	$70,730	-5.66%	$34.00
Mount Laurel	$70,903	-5.43%	$34.08

Best Value Cities for Insurance Agents in New Jersey

When adjusted for local cost of living, these New Jersey cities offer the most purchasing power for insurance agents.

City	Nominal Salary	CoL Index	Adjusted Salary
Vineland	$79,233	95.968	$82,562
Jersey City	$84,955	115.2	$73,746
Newark	$83,646	115.2	$72,609
Trenton	$74,799	103.18	$72,494
Camden	$82,458	115.2	$71,578

Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.

Salary by Experience Level in New Jersey

Experience Level	Estimated Annual	Est. Hourly	Description
Entry Level (0-2 years)	$46,166	$22.20	10th percentile, new graduates
Mid Career (3-7 years)	$74,972	$36.04	50th percentile, median salary
Experienced (7+ years)	$130,471	$62.73	90th percentile, top earners

Estimates based on BLS percentile data averaged across New Jersey metro areas. Individual pay varies by employer, certifications, and specialization.

All 61 Cities in New Jersey

#	City	Median Salary	Hourly	Entry (P10)	Top (P90)	Employed
1	Jersey City	$84,955	$40.84	$49,274	$131,681	42
2	Newark	$83,646	$40.22	$48,515	$129,650	61
3	Camden	$82,458	$39.65	$49,873	$127,810	16
4	Vineland	$79,233	$38.09	$38,788	$158,798	40
5	Princeton	$76,286	$36.67	$46,782	$118,243	6
6	East Orange	$75,356	$36.23	$45,326	$116,801	9
7	Franklin	$75,356	$36.23	$45,326	$116,801	15
8	Woodbridge	$75,335	$36.22	$43,694	$116,769	25
9	Parsippany-Troy Hills	$75,226	$36.17	$43,631	$116,601	8
10	Union	$75,037	$36.07	$44,309	$116,309	15
11	Elizabeth	$75,011	$36.06	$46,888	$116,266	25
12	Brick	$74,855	$35.99	$43,905	$116,026	18
13	Trenton	$74,799	$35.96	$49,262	$163,553	320
14	Gloucester Township	$74,644	$35.89	$43,436	$115,698	10
15	New Brunswick	$74,614	$35.88	$43,677	$115,652	8
16	Howell	$74,366	$35.75	$43,133	$115,267	11
17	Paterson	$74,277	$35.71	$45,591	$115,130	31
18	Plainfield	$74,190	$35.67	$43,030	$114,995	10
19	Irvington	$74,078	$35.62	$42,965	$114,821	10
20	West New York	$73,966	$35.57	$42,901	$114,648	10
21	Piscataway	$73,913	$35.53	$42,870	$114,566	14
22	Jackson	$73,872	$35.51	$42,846	$114,502	10
23	Lakewood	$73,749	$35.45	$44,453	$114,310	31
24	West Orange	$73,706	$35.43	$45,492	$114,245	11
25	Montclair	$73,596	$35.38	$44,928	$114,074	10
26	Washington Township	$73,481	$35.33	$44,664	$113,896	12
27	Old Bridge	$73,454	$35.32	$46,947	$113,854	17
28	Edison	$73,341	$35.26	$43,580	$113,678	20
29	Union City	$73,307	$35.24	$46,694	$113,626	17
30	Toms River	$73,284	$35.23	$46,641	$113,589	17
31	Bridgewater	$73,199	$35.19	$44,020	$113,458	10
32	Middletown	$73,178	$35.18	$46,406	$113,425	15
33	Clifton	$72,954	$35.08	$45,908	$113,078	14
34	South Brunswick	$72,824	$35.01	$43,477	$112,876	7
35	Berkeley	$72,818	$35.01	$43,157	$112,868	7
36	Perth Amboy	$72,807	$35.01	$45,583	$112,850	13
37	Wayne	$72,783	$35.00	$45,531	$112,814	10
38	Linden	$72,772	$34.99	$43,360	$112,797	7
39	Passaic	$72,753	$34.98	$45,465	$112,768	18
40	East Brunswick	$72,726	$34.97	$43,255	$112,725	8
41	Bloomfield	$72,571	$34.89	$45,063	$112,485	11
42	Long Branch	$72,524	$34.87	$42,800	$112,412	8
43	Westfield	$72,322	$34.77	$42,042	$112,099	7
44	Hamilton	$72,248	$34.74	$44,280	$111,983	21
45	Sayreville	$72,224	$34.73	$42,127	$111,947	9
46	Cherry Hill	$72,212	$34.72	$43,981	$111,929	11
47	North Bergen	$72,083	$34.65	$43,995	$111,728	13
48	Hoboken	$72,018	$34.62	$41,770	$111,627	15
49	Kearny	$71,907	$34.57	$47,275	$111,455	11
50	Manalapan	$71,843	$34.54	$47,129	$111,358	8
51	Bayonne	$71,771	$34.51	$43,317	$111,245	16
52	Atlantic City	$71,763	$34.50	$46,943	$111,232	6
53	Manchester	$71,607	$34.43	$46,360	$110,991	9
54	Moorestown	$71,327	$34.29	$45,176	$110,556	4
55	Hackensack	$71,324	$34.29	$46,017	$110,553	8
56	Marlboro	$70,955	$34.12	$45,104	$109,980	9
57	Mount Laurel	$70,903	$34.08	$44,987	$109,899	11
58	Egg Harbor	$70,730	$34.00	$44,672	$109,632	8
59	Evesham	$70,626	$33.96	$44,439	$109,471	12
60	Rahway	$70,314	$33.80	$43,667	$108,987	9
61	Summit	$69,269	$33.31	$46,371	$107,367	5

More New Jersey Salary Data

Hourly Rates

Explore insurance agent hourly pay in New Jersey cities.

Jersey City →Newark →Camden →

Entry Level

Starting salaries for new insurance agents.

Jersey City →Newark →Camden →

Senior / Experienced

Top earner salaries for experienced insurance agents.

Jersey City →Newark →Camden →

Explore More Insurance Agent Salary Data

National OverviewMedian salary & full US data Entry-Level SalariesStarting pay & new grad earnings Hourly Pay RatesPer-hour rates & part-time income Highest Paying StatesTop states ranked by salary

Frequently Asked Questions

How much do insurance agents make in New Jersey in 2026?

The average median insurance agent salary in New Jersey is $74,972/year across 61 metro areas, based on estimated 2026 (projected from 2025 BLS data). Salaries range from $69,269 in Summit to $84,955 in Jersey City. This makes New Jersey one of the higher-paying states, at 16.20% above the national median of $64,522. The state employs approximately 1,169 insurance agents.

What is the highest paying city for insurance agents in New Jersey?

Jersey City offers the highest insurance agent salary in New Jersey at $84,955/year ($40.84/hr), based on estimated 2026 (projected from 2025 BLS data). The top 3 highest-paying cities are Jersey City ($84,955), Newark ($83,646), Camden ($82,458). Higher pay in these metros is typically driven by cost of living, demand for insurance services, and competition among employers for licensed insurance agents.

How does New Jersey insurance agent pay compare to the national average?

New Jersey's average insurance agent salary of $74,972 is 16.20% above the national median of $64,522 in 2026. The state employs approximately 1,169 insurance agents across 61 metropolitan areas. When comparing salaries, consider cost-of-living differences — a lower nominal salary in an affordable area may provide better purchasing power than a higher salary in an expensive metro.

What is the entry-level insurance agent salary in New Jersey?

Entry-level insurance agents (10th percentile) in New Jersey earn approximately $46,166/year on average, based on estimated 2026 (projected from 2025 BLS data). Starting salaries range from $38,788 in lower-paying areas to $49,873 in the highest-paying metros. New graduates should expect salaries at the lower end and can typically reach the area median within 3–5 years of clinical experience.

How many insurance agents are employed in New Jersey?

New Jersey employs approximately 1,169 insurance agents across 61 metropolitan areas, based on the latest BLS data. Job availability varies by metro area, with larger cities offering more opportunities. Demand continues to grow as the insurance field expands and the population ages.

Which New Jersey city offers the best value for insurance agents?

When adjusted for cost of living, Vineland offers the highest purchasing power for insurance agents in New Jersey, with an adjusted salary of $82,562 (nominal: $79,233, CoL index: 95.968). This means your dollar goes 4% further compared to the national average, making it an attractive option for maximizing real income.

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

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 New Jersey. State averages are employment-weighted across 61 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 (2019–2025). 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

Last verified: June 10, 2026

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