How much do Insurance Sales Agents make in Memphis, TN-MS-AR?

Percentile spread

For Insurance Sales Agents, the published 10th percentile is $30,540 and the 90th percentile is $127,330. The difference is $96,790, which is 187.7% of the median. Ten percent of measured wages fall below the 10th percentile and ten percent fall above the 90th. How to read a percentile.

The middle half of the distribution, from the 25th percentile at $41,150 to the 75th at $79,200, covers $38,050.

The mean annual wage is $74,760, which sits above the median of $51,570. Median and mean measure different points in the same distribution.

National and state comparison

The Memphis, TN-MS-AR median is 17.2% lower than the national median of $62,280 for Insurance Sales Agents. In 2024 national prices the local median is $55,945, which is 10.2% lower than that same national median. The national figure is already in national prices because the United States parity is 100.

It is 9.7% lower than the Tennessee median of $57,120.

Memphis, TN-MS-AR covers more than one state. The state comparison uses Tennessee, the primary state on the BLS area record.

Price-adjusted pay

The 2024 all-items regional price parity for Memphis, TN-MS-AR is 92.179, with the United States at 100. The Bureau of Economic Analysis released those parities on February 19, 2026. Dividing the May 2025 median of $51,570 by that parity and multiplying by 100 puts Insurance Sales Agents at $55,945 in national prices. The wage year and the price year are different. Compare this wage after prices.

Nearby metros

12 other metropolitan areas within 200 miles publish a annual median for Insurance Sales Agents. Memphis, TN-MS-AR ranks 11th of 13 on that median, counting itself. Distance is the great-circle mileage between Census Bureau internal points (U.S. Census Bureau, 2024 Gazetteer Files, Core Based Statistical Areas, internal points (INTPTLAT, INTPTLONG).).

• Jonesboro, AR is 67 miles away, with a median of $51,520 and employment of 110. That median is 0.1% lower than the median here. In 2024 national prices it is $59,993, against $55,945 here.
• Jackson, TN is 74 miles away, with a median of $64,310 and employment of 190. That median is 24.7% higher than the median here. In 2024 national prices it is $75,197, against $55,945 here.
• Florence-Muscle Shoals, AL is 120 miles away, with a median of $61,590 and employment of 160. That median is 19.4% higher than the median here. In 2024 national prices it is $72,615, against $55,945 here.

Employment share

Insurance Sales Agents accounts for 0.18% of wage-and-salary employment in Memphis, TN-MS-AR (1,130 of 611,670). Nationally the occupation is 0.31% of employment (479,100 of 155,495,730). The local share is 0.60 times the national share. That ratio is the location quotient computed from these May 2025 employment counts. It is not copied from the location-quotient column in the BLS bulk file.