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As of August 01, 2026, the average salary for a Life Agent in Minnesota is $88,017 per year, which breaks down to an hourly rate of $42.
However, a Life Agent's salary can vary significantly. Here’s a look at the typical salary range:
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Life Agent Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $99,292 | $8,274 | $1,909 | $48 |
| Average | $88,017 | $7,335 | $1,693 | $42 |
| 25th Percentile | $77,446 | $6,454 | $1,489 | $37 |
Emergent Financial Group - Forest Lake, MN
Emergent Financial Group - Minneapolis, MN
True North Recruiters - Minneapolis, MN
True North Recruiters - Saint Paul, MN
A Life 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 and company size can directly affect your earning potential.
Experience is a primary driver of a Life 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:
| Levels | Salary |
|---|---|
| Insurance... Level Life Agent | $64,568 |
| Life Agen... Level Life Agent | $88,751 |
| Insurance... Level Life Agent | $156,997 |
| Insurance... Level Life Agent | $212,516 |
| Insurance... Level Life Agent | $255,792 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Life Agents. For example, consider the average annual salaries in these key locations:
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:
For Life Agent roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Life Agent positions in Business Services typically offer lower base pay, as this sector often view Life Agent as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $96,819 | $47.0 | 10% |
| Financial Services | $92,418 | $44.0 | 5% |
Understanding how a Life 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $99,292 | $8,274 | $1,909 | $48 |
| Average | $88,017 | $7,335 | $1,693 | $42 |
| 25th Percentile | $77,446 | $6,454 | $1,489 | $37 |
Ready to take the next step in your career? Browse thousands of current Life Agent job openings on our job board. Use the search bar below to find your perfect match.
Emergent Financial Group
Savage, MN
Dan Anderson - State Farm Agent
Saint Cloud, MN
Dan Anderson - State Farm Agent | Saint Cloud, MN
We're Hiring. This busy insurance and financial services office has a passion to make a difference in the lives of others and better the community. If you ... more
7 Days Ago
Ben Meyer - State Farm Agent
Minneapolis, MN
Ben Meyer - State Farm Agent | Minneapolis, MN
Life/Health Insurance Position - State Farm Agent Team Member. Ben Meyer - State Farm Agent is seeking a qualified and empathetic professional for the role... more
7 Days Ago
Tyler Hanson - State Farm Agent
Elk River, MN
Tyler Hanson - State Farm Agent | Elk River, MN
Job Description. Job Description. Benefits. Paid Training and Development. Paid Sick/Mental Health Days. Bonus based on performance. Flexible schedule. Sig... more
9 Days Ago
Tyler Antony - State Farm Agent
Saint Paul, MN
Tyler Antony - State Farm Agent | Saint Paul, MN
Job Description. Job Description. Benefits. 401(k) matching. Bonus based on performance. Competitive salary. Flexible schedule. Paid time off. Signing bonu... more
9 Days Ago
Jason Putnam - State Farm Agent
Victoria, MN
Jason Putnam - State Farm Agent | Victoria, MN
Job Description. Job Description. Benefits. Bonus based on performance. Company parties. Competitive salary. Flexible schedule. Free food & snacks. Opportu... more
10 Days Ago
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