Licensed Medicare Agent Salary in the United States

How much does a Licensed Medicare Agent make in the United States?

As of September 01, 2026, the average salary for a Licensed Medicare Agent in the United States is $51,687 per year, which breaks down to an hourly rate of $25.

However, a Licensed Medicare Agent's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $61,390
  • Majority Range (25th-75th percentile): $46,944 to $56,766
  • Entry-Level (10th percentile): $42,625

Key Factors That Influence Licensed Medicare Agent Salaries

A Licensed Medicare Agent's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Licensed Medicare Agent Salaries?

Experience is a primary driver of a Licensed Medicare Agent's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $50,172
  • Early Career (1-2 years): $50,501
  • Mid-Level (2-4 years): $53,259
  • Senior-Level (5-8 years): $57,016
  • Expert (over 8 years): $57,267
Levels Salary
Entry Level Licensed Medicare Agent$50,172
Intermediate Level Licensed Medicare Agent$50,501
Senior Level Licensed Medicare Agent$53,259
Specialist Level Licensed Medicare Agent$57,016
Expert Level Licensed Medicare Agent$57,267

Top Paying Cities for Licensed Medicare Agents

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $65,192
  • San Francisco: $64,479
  • Oakland: $63,120

What Skills Can Increase a Licensed Medicare Agent's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 25% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Mortgage Loans (Mentioned in 25% Job Postings): A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  • Underwriting (Mentioned in 25% Job Postings): Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Skills Demand Percentage
Customer Service 25%
Mortgage Loans 25%
Underwriting 25%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Licensed Medicare Agent's salary.

  • Underwriting: Can increase your salary by up to 9%.
  • Mortgage Loans: Can increase your salary by up to 8%.
Skill Salary Salary % Increase
Underwriting $56,339
9%
Mortgage Loans $55,822
8%

Licensed Medicare Agent Salary by Industry: Top Paying Sectors

For Licensed Medicare Agent roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Licensed Medicare Agent positions in Business Services typically offer lower base pay, as this sector often view Licensed Medicare Agent as a support function rather than a direct revenue driver.

The top paying industry for a Licensed Medicare Agent

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$62,024$30.020%

How Education impacts a Licensed Medicare Agent's Salary?

Your level of education can impact your salary potential. While many Licensed Medicare Agents enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Licensed Medicare Agent with a High School Diploma or Technical Certificate is between $48,338 and $51,321).

Licensed Medicare Agent Salaries by Degree Level

Typical Education for Licensed Medicare Agent
Degree Level % of user with this level of education
No Diploma 4.0%
High School 52.0%
Associates 12.0%
Bachelors 24.0%
Masters 8.0%
Doctorate 0.0%

Licensed Medicare Agent Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Licensed Medicare Agent's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$46,944
Average $51,687/year
$56,766
$3,912
Average $4,307/month
$4,730
$903
Average $994/week
$1,092
$23
Average $25/hour
$27
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $56,766 $4,730 $1,092 $27
Average $51,687 $4,307 $994 $25
25th Percentile $46,944 $3,912 $903 $23

Most common benefits for Licensed Medicare Agent

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Licensed Medicare Agent

Here are companies hiring for Licensed Medicare Agent and their salaries, click below for more details.

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FAQ about Licensed Medicare Agent

1. What industry pays the highest salary for Licensed Medicare Agent?

The Financial Services industry offers the highest average compensation for Licensed Medicare Agent roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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