Insurance Agent Salary
in Paterson, NJ
Sell and service insurance policies for individuals and businesses. Median salary in Paterson: $81K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Paterson
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Paterson, New Jersey.
Key facts for Paterson
Salary forecast: Paterson Insurance Agent to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $81K by 2030.
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Insurance Agent Salary in Paterson, New Jersey: Complete Guide (2026)
The median Insurance Agent salary in Paterson, NJ is $81,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Paterson–NJ metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Salary range for Insurance Agent in Paterson
Entry-level Insurance Agents in Paterson with 0–2 years of experience typically earn between $53,000 and $81,000 annually. Mid-career professionals with 3–7 years command $81,000 to $123,000, while senior-level practitioners with 8+ years of experience regularly earn $123,000 to $182,000 or more.
Cost of living in Paterson for Insurance Agents
Paterson has a cost of living index of 140 compared to the US national average of 100. Paterson's cost of living is above the US average, so the salary figures above reflect local market rates. New Jersey has a 10.75% state income tax rate.
Education requirements for Insurance Agent
High school diploma; state insurance license required. 40% of these roles offer some remote flexibility.