Insurance Agent Salary in Maryland

Insurance Agents in Maryland earn an average of $61,500 per year across 1 metro area. This is +4.1% higher than the national average.

Average Salary

$61,500

per year

Hourly Rate

$29.57

per hour

vs National

+4.1%

$59,080 national

Salary Range

$41,154

to $86,789

Cost of Living Adjusted Salary

Nominal Salary

$61,500

Cost of Living Index

120

100 = national average

Adjusted Salary

$51,250

purchasing power equivalent

After adjusting for Maryland's cost of living (above average), a Insurance Agent's salary of $61,500 has the purchasing power of $51,250 in an average-cost area.

Insurance Agent Salary by City in Maryland

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Baltimore, MD$61,500$29.57/hr$41,154$86,789435

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Maryland vs National Average

Insurance Agent Salary Comparison

Maryland Average$61,500
National Average$59,080
Difference+$2,420 (+4.1%)

Employment in Maryland

There are approximately 435 Insurance Agents employed across 1 metro area in Maryland.

Key Industries: Federal Government, Biotechnology, Cybersecurity

State Income Tax: 2% - 5.75%

Insurance Agent Salary Range in Maryland

Entry Level (10th Percentile)

$41,154

Starting salary for new Insurance Agents

Median (50th Percentile)

$61,500

Mid-career Insurance Agent salary

Senior (90th Percentile)

$86,789

Top earners in the field

Insurance Agent Salary in Neighboring States

Compare Insurance Agent salaries in Maryland with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Insurance Agent salary in Maryland?

The average Insurance Agent salary in Maryland is $61,500 per year ($29.57/hour) based on 2026 data across 1 metro areas. This is 4.1% above the national average of $59,080.

What is the highest paying city for Insurance Agents in Maryland?

Baltimore, MD is the highest paying city for Insurance Agents in Maryland, with a median salary of $61,500 per year.

What is the salary range for Insurance Agents in Maryland?

Insurance Agent salaries in Maryland range from $41,154 (entry-level, 10th percentile) to $86,789 (experienced, 90th percentile). The median salary is $61,500 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Maryland. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.