Insurance Sales Agents, Richmond

$62,330

BLS OEWS median annual wage in Richmond, VA. Middle half of wages roughly $47,730 to $94,890.

BLS OEWS median, May 2025, as of May 15, 2026. BEA Regional Price Parity 2024. Disclaimer

vs US median
+0.1%
US median
$62,280
Metro RPP
97.9
Middle half
$47,730 to $94,890
OEWS employment
2,040
SOC
41-3021

Insurance Sales Agents in Richmond pay a median $62,330 (May 2025), 0.1% above the US median of $62,280. At local prices (RPP 97.9), that median buys about what $63,667 buys at US-average prices.

Purchasing power

$62,330 in Richmond buys about what $63,667 buys at US-average prices (BEA RPP 97.9, 2024). Housing (rents) RPP is 99.1 vs all-items 97.9 (US = 100, 2024).

Insurance Sales Agents in nearby metros

Metro Median Middle half RPP
Richmond $62,330 $47,730 to $94,890 97.9
Virginia Beach $56,490 $48,100 to $78,580 97.9
San Francisco $95,640 $61,620 to $158,730 115.6
Tulsa $58,830 $38,360 to $80,590 89.2

BLS OEWS May 2025 where published for the CBSA.

FAQ

What is the median salary for Insurance Sales Agents in Richmond?
According to BLS OEWS May 2025, the median annual wage for Insurance Sales Agents in Richmond, VA is $62,330.
How does Richmond pay compare to the US median for Insurance Sales Agents?
Local median pay is 0.1% above the national OEWS median of $62,280.
How does cost of living change what that wage buys?
BEA RPP for Richmond is 97.9 (US = 100, 2024). The local median of $62,330 has about the same purchasing power as $63,667 at US-average prices.
How current is this data?
Wages are BLS OEWS May 2025. Price levels use BEA Regional Price Parities for 2024. See methodology for source details.

What this covers

Includes

  • BEA Regional Price Parities (all items, goods, housing rents, other services)
  • BLS OEWS median wages, percentile bands, and employment where published
  • Purchasing-power math: salary × (destination RPP ÷ origin RPP)

Does not include

  • Federal, state, or local income taxes
  • Childcare, healthcare premiums, or leave benefits
  • Job openings. OEWS employment is a published stock estimate, not hiring demand

Median wages are published BLS OEWS metro estimates; price levels use BEA Regional Price Parities. See methodology and disclaimer.