Insurance Agent Salary in TennesseeNo State Income Tax

Insurance Agents in Tennessee earn an average of $53,214 per year across 2 metro areas. This is +9.9% lower than the national average.

Average Salary

$53,214

per year

Hourly Rate

$25.59

per hour

vs National

-9.9%

$59,080 national

Salary Range

$33,970

to $75,639

Cost of Living Adjusted Salary

Nominal Salary

$53,214

Cost of Living Index

93

100 = national average

Adjusted Salary

$57,219

purchasing power equivalent

After adjusting for Tennessee's cost of living (below average), a Insurance Agent's salary of $53,214 has the purchasing power of $57,219 in an average-cost area. Additionally, Tennessee has no state income tax, further increasing take-home pay.

Insurance Agent Salary by City in Tennessee

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Nashville, TN$55,657$26.76/hr$35,441$78,729539
Memphis, TN$50,770$24.41/hr$32,499$72,548516

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

Tennessee vs National Average

Insurance Agent Salary Comparison

Tennessee Average$53,214
National Average$59,080
Difference-$5,866 (-9.9%)

Employment in Tennessee

There are approximately 1,055 Insurance Agents employed across 2 metro areas in Tennessee.

Key Industries: Healthcare, Automotive, Music & Entertainment

State Income Tax: None (tax-free state)

Insurance Agent Salary Range in Tennessee

Entry Level (10th Percentile)

$33,970

Starting salary for new Insurance Agents

Median (50th Percentile)

$53,214

Mid-career Insurance Agent salary

Senior (90th Percentile)

$75,639

Top earners in the field

Frequently Asked Questions

What is the average Insurance Agent salary in Tennessee?

The average Insurance Agent salary in Tennessee is $53,214 per year ($25.59/hour) based on 2026 data across 2 metro areas. This is 9.9% below the national average of $59,080.

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

Nashville, TN is the highest paying city for Insurance Agents in Tennessee, with a median salary of $55,657 per year. The lowest paying metro area is Memphis, TN at $50,770.

What is the salary range for Insurance Agents in Tennessee?

Insurance Agent salaries in Tennessee range from $33,970 (entry-level, 10th percentile) to $75,639 (experienced, 90th percentile). The median salary is $53,214 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 Tennessee. 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.