Insurance Agent Salary in Essex Junction, VT: $63,133 (2026)
Quick Answer:A full-time insurance agent in Essex Junction, VT earns a median $63,133/year (≈ $30.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-3021). Once you factor in Essex Junction's price level (4% above national, BEA RPP 103.5), that paycheck buys what $60,998 would nationally. Nominal pay sits 5.5% below the Vermont state average.
Based on BLS state-level estimates · View source
In Essex Junction, Vermont, the projected 2026 median annual salary for insurance agents stands at $63,133, positioning local compensation slightly below the national median of $64,522. With a salary range stretching from $38,429 at the 10th percentile to $97,855 at the 90th, these figures reflect the diverse earning potential within this profession. Local estimates, derived from BLS state-level data and adjusted for regional cost considerations, indicate not only the importance of commissions but also the impact of renewal business over time. As agents develop their book of business, the compounding effect of renewal commissions significantly bolsters long-term compensation, making the role attractive for diligent professionals. Given the small market size with only six insurance agents employed locally, opportunities for growth within Essex Junction could be influenced by fluctuating market demands and competition.
About the Essex Junction Market
Salary estimated from Vermont average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,429 | $18.47 |
| Lower Range (P25) | $49,670 | $23.88 |
| Median (P50)(typical) | $63,133 | $30.35 |
| Upper Range (P75) | $80,810 | $38.85 |
| Top Earners (P90) | $97,855 | $47.04 |
Median Salary Position
2.15% below the national average
2026 Salary Percentile Distribution in Essex Junction
In Essex Junction, VT, the insurance agent salary spread from the 10th to 90th percentile is $59,426 (2026 est.). At $63,133, the local median is 2.15% below the national median of $64,522.
Salary Calculator
At 40 hours/week in Essex Junction: You'd be in the lower-middle range
How Essex Junction Insurance Agent Pay Compares
Essex Junction median: $63,133/year (2026)
| Compared To | Median Salary | Essex Junction Pays |
|---|---|---|
| Vermont Average | $66,807 | -5.50% less |
| National Average | $64,522 | -2.15% less |
Insurance Agents in Essex Junction, VT earn a median of $63,133 per year (2026 est.), which is 2.15% lower than the national median of $64,522 and 5.50% below the Vermont state average of $66,807.
Cost-of-Living Adjusted Salary
Essex Junction has a cost of living 3.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Essex Junction, VT has a cost-of-living index of 103.5 (above the national average of 100). While the nominal salary of $63,133 is competitive, the higher cost of living reduces purchasing power to an effective $60,998 — a 3.38% reduction.
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2019 BLS Actual
$49,843
2025 BLS Actual
$60,939
2026 Current Est.
$63,133
2019–2027 Growth
+31.2%
Salary Trajectory for Insurance Agents in Essex Junction (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.60% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $49,843 | Actual |
| 2020 | $51,056 | Actual |
| 2021 | $48,767 | Actual |
| 2022 | $56,614 | Actual |
| 2023 | $57,808 | Actual |
| 2024 | $56,751 | Actual |
| 2025 | $60,939 | Actual |
| 2026(current) | $63,133 | Estimated |
| 2027 | $65,406 | Projected |
Based on 7 years of BLS OEWS data for the Essex Junction metropolitan area, the median insurance agent salary grew 22.3% from $49,843 (2019) to $60,939 (2025). At a 3.60% compound annual growth rate, salaries are projected to reach $65,406 by 2027 — a total increase of $15,563 (31.22%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Essex Junction 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) | $38,429 – $49,670 |
| 3-5 years (Mid Career) | $49,670 – $63,133 |
| 5+ years (Experienced) | $63,133 – $80,810 |
| 10+ years (Top Earner) | $80,810 – $97,855 |
Agent salary ranges estimated from BLS percentile data. Individual insurance agent compensation varies by employer, certifications, and specialization.
Insurance Agent Job Market in Essex Junction
Examining the job market for insurance agents in Essex Junction reveals critical factors influencing compensation and take-home purchasing power. With a cost-of-living index of 103.5, expenses are slightly above the national average, impacting how far salaries stretch. Among local employers, captive agencies like State Farm and Allstate typically offer competitive pay, while independent agencies and large commercial brokerages, such as Aon and Marsh, may provide higher earning potential, especially in the commercial lines sector. Agents focusing on commercial insurance can often earn significantly more than their counterparts in personal lines due to the substantially higher commission structures. The variation in pay stems largely from the size of an agent’s book of business, the mix of commercial versus personal lines, and the type of agency. To maximize earnings in Essex Junction, developing a strong network, pursuing credentials like CPCU, and considering agency ownership could lead to greater financial success in the evolving insurance market.
More salary data for Essex Junction, VT:
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 $60,939 for insurance agentsin the Essex Junction 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 Essex Junction 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