Agency Owner and Insurance Producer Salary in Minnesota

How much does an Agency Owner and Insurance Producer make in Minnesota? As of September 01, 2026, the average salary for an Agency Owner and Insurance Producer in Minnesota is $47,730 per year, which breaks down to an hourly rate of $23.

However, an Agency Owner and Insurance Producer's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $54,090
  • Majority Range (25th-75th percentile): $43,465 to $51,059
  • Entry-Level (10th percentile): $39,582

Key Factors That Influence Agency Owner and Insurance Producer Salaries

An Agency Owner and Insurance Producer'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.

How Experience Level Affects Agency Owner and Insurance Producer Salaries?

Experience is a primary driver of an Agency Owner and Insurance Producer'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): $45,433
  • Early Career (1-2 years): $45,579
  • Mid-Level (2-4 years): $47,268
  • Senior-Level (5-8 years): $48,563
  • Expert (over 8 years): $48,655
Job RoleYears of ExperienceAverage Salary
Entry Level Agency Owner and Insurance Producer less than 1 year $45,433
Early Career Level Agency Owner and Insurance Producer 1-2 years $45,579
Mid-Level Level Agency Owner and Insurance Producer 2-4 years $47,268
Senior-Level Level Agency Owner and Insurance Producer 5-8 years $48,563
Expert Level Agency Owner and Insurance Producer over 8 years $48,655

Top Paying Cities for Agency Owner and Insurance Producer

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:

  • Conger: $45,698
  • Courtland: $45,646
  • Darfur: $45,411

Agency Owner and Insurance Producer Salary by Industry: Top Paying Sectors

For Agency Owner and Insurance Producer 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, Healthcare, offers compensation 20% above the average. Conversely, Agency Owner and Insurance Producer positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Agency Owner and Insurance Producer as a support function rather than a direct revenue driver.

The top paying industry for an Agency Owner and Insurance Producer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Healthcare $57,277 $28.0 20%

Agency Owner and Insurance Producer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Agency Owner and Insurance Producer'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$43,465
Average $47,730/year
$51,059
$3,622
Average $3,978/month
$4,255
$836
Average $918/week
$982
$21
Average $23/hour
$25
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $51,059 $4,255 $982 $25
Average $47,730 $3,978 $918 $23
25th Percentile $43,465 $3,622 $836 $21

Find Your Next Agency Owner and Insurance Producer Job

Ready to take the next step in your career? Browse thousands of current Agency Owner and Insurance Producer job openings on our job board. Use the search bar below to find your perfect match.

  • AAA-The Auto Club Group | Ramsey County, MN

    AAA-The Auto Club Group | Ramsey County, MN

    About the Company. AAA - The Auto Club Group, is seeking ambitious, business-minded, and visionary Entrepreneurial Agency Owners to join our team. One of t... more

    5 Days Ago

  • AAA-The Auto Club Group | Dakota County, MN

    AAA-The Auto Club Group | Dakota County, MN

    About the Company. AAA - The Auto Club Group, is seeking ambitious, business-minded, and visionary Entrepreneurial Agency Owners to join our team. One of t... more

    5 Days Ago

  • Agency & Agent Staff | Osakis, MN

    Agency & Agent Staff | Osakis, MN

    Business owner. Community leader. Protector of dreams. That's what makes an American Family Insurance Agency Owner. It's a highly rewarding opportunity tha... more

    2 Days Ago

  • Agency & Agent Staff | Circle Pines, MN

    Agency & Agent Staff | Circle Pines, MN

    Business owner. Community leader. Protector of dreams. That's what makes an American Family Insurance Agency Owner. It's a highly rewarding opportunity tha... more

    2 Days Ago

  • American Family Insurance | East Grand Forks, MN

    American Family Insurance | East Grand Forks, MN

    American Family Insurance Agency Owner. Business owner. Community leader. Protector of dreams. That's what makes an American Family Insurance Agency Owner.... more

    2 Days Ago

  • American Family Mutual Insurance Company | Minneapolis, MN

    American Family Mutual Insurance Company | Minneapolis, MN

    Business owner. Community leader. Protector of dreams. That's what makes an American Family Insurance Agency Owner. It's a highly rewarding opportunity tha... more

    2 Days Ago

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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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