Insurance Agent Salary in Memphis, TN
Updated
The median insurance agent in the Memphis area earns $51,570 a year ($24.79 an hour), 17% below the U.S. median ($62,280) and 10% below the Tennessee median ($57,120). Half of the 1,130 insurance agents there earn between $41,150 and $79,200.
| Annual pay | Memphis area | Tennessee | U.S. |
|---|---|---|---|
| 10th percentile | $30,540 | $37,130 | $37,330 |
| 25th percentile | $41,150 | $44,710 | $46,870 |
| Median | $51,570 | $57,120 | $62,280 |
| 75th percentile | $79,200 | $77,360 | $96,950 |
| 90th percentile | $127,330 | $122,040 | $138,140 |
| Average | $74,760 | $71,520 | $81,480 |
| Jobs | 1,130 | 7,610 | 479,100 |
Memphis, TN ranks 43rd for insurance agent pay among the 49 of the 50 largest U.S. metro areas where it is published. Highest: San Francisco, CA ($95,640).
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Check my payInsurance agent pay in other cities
- Nashville, TN: $57,140
- San Francisco, CA: $95,640
- Minneapolis, MN: $84,670
- Philadelphia, PA: $81,540
- Milwaukee, WI: $81,080
- Sacramento, CA: $80,940
- New York, NY: $80,620
- Boston, MA: $80,120
- All cities
Similar jobs in Memphis, TN
- Sales Representative: $59,140
- Financial Services Sales Agent: $58,500
- Retail Salesperson: $32,580
- Cashier: $29,160
- Manufacturer's Representative: $61,430
- Retail Supervisor: $49,010
- All jobs in Memphis, TN
Sources
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, published May 15, 2026
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.