Insurance Agent Salary in Virginia

Insurance Agents in Virginia earn an average of $55,702 per year across 1 metro area. This is +5.7% lower than the national average.

Average Salary

$55,702

per year

Hourly Rate

$26.78

per hour

vs National

-5.7%

$59,080 national

Salary Range

$36,430

to $81,234

Cost of Living Adjusted Salary

Nominal Salary

$55,702

Cost of Living Index

103

100 = national average

Adjusted Salary

$54,080

purchasing power equivalent

After adjusting for Virginia's cost of living (above average), a Insurance Agent's salary of $55,702 has the purchasing power of $54,080 in an average-cost area.

Insurance Agent Salary by City in Virginia

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Richmond, VA$55,702$26.78/hr$36,430$81,234489

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

Virginia vs National Average

Insurance Agent Salary Comparison

Virginia Average$55,702
National Average$59,080
Difference-$3,378 (-5.7%)

Employment in Virginia

There are approximately 489 Insurance Agents employed across 1 metro area in Virginia.

Key Industries: Federal Government, Defense & Military, Technology

State Income Tax: 2% - 5.75%

Insurance Agent Salary Range in Virginia

Entry Level (10th Percentile)

$36,430

Starting salary for new Insurance Agents

Median (50th Percentile)

$55,702

Mid-career Insurance Agent salary

Senior (90th Percentile)

$81,234

Top earners in the field

Insurance Agent Salary in Neighboring States

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

Frequently Asked Questions

What is the average Insurance Agent salary in Virginia?

The average Insurance Agent salary in Virginia is $55,702 per year ($26.78/hour) based on 2026 data across 1 metro areas. This is 5.7% below the national average of $59,080.

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

Richmond, VA is the highest paying city for Insurance Agents in Virginia, with a median salary of $55,702 per year.

What is the salary range for Insurance Agents in Virginia?

Insurance Agent salaries in Virginia range from $36,430 (entry-level, 10th percentile) to $81,234 (experienced, 90th percentile). The median salary is $55,702 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 Virginia. 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.