Financial Analysts vs Insurance Sales Agents: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Analysts professionals earn $40,980 more per year than Insurance Sales Agents professionals — that's 67.9% higher. At the 90th percentile, Financial Analysts earns $180,550 compared to $135,660 for Insurance Sales Agents.
Salary Range Comparison
Financial Analysts$62,410 – $180,550
Insurance Sales Agents$36,390 – $135,660
$36,390$180,550
Detailed Salary Comparison
| Percentile | Financial Analysts | Insurance Sales Agents | Difference |
|---|---|---|---|
| 10th Percentile | $62,410 | $36,390 | +$26,020 |
| 25th Percentile | $78,300 | $45,520 | +$32,780 |
| Median (50th) | $101,350 | $60,370 | +$40,980 |
| 75th Percentile | $132,050 | $91,150 | +$40,900 |
| 90th Percentile | $180,550 | $135,660 | +$44,890 |
| Mean (Average) | $116,490 | $81,510 | +$34,980 |
Employment Numbers
Financial Analysts
340,580
employed nationwide
Insurance Sales Agents
469,480
employed nationwide
Top Paying Cities
Best Cities for Financial Analysts
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $134,470 |
| New York-Newark-Jersey City, NY-NJ-PA | $128,490 |
| San Francisco-Oakland-Berkeley, CA | $128,470 |
| Seattle-Tacoma-Bellevue, WA | $111,410 |
| Boston-Cambridge-Nashua, MA-NH | $110,450 |
Best Cities for Insurance Sales Agents
| City | Median |
|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $81,890 |
| Hartford-East Hartford-Middletown, CT | $79,860 |
| New York-Newark-Jersey City, NY-NJ-PA | $78,130 |
| San Francisco-Oakland-Berkeley, CA | $77,630 |
| Boston-Cambridge-Nashua, MA-NH | $76,570 |
Frequently Asked Questions
Who earns more: Financial Analysts or Insurance Sales Agents?
Financial Analysts professionals earn more, with a median salary difference of $40,980 (67.9% higher) as of 2024 BLS data.
What is the salary range for Financial Analysts?
Financial Analysts salaries range from $62,410 (10th percentile) to $180,550 (90th percentile), with a median of $101,350.
What is the salary range for Insurance Sales Agents?
Insurance Sales Agents salaries range from $36,390 (10th percentile) to $135,660 (90th percentile), with a median of $60,370.
How many Financial Analysts and Insurance Sales Agents jobs are there?
There are approximately 340,580 Financial Analysts positions and 469,480 Insurance Sales Agents positions nationwide according to 2024 BLS data.
Is it worth switching from Insurance Sales Agents to Financial Analysts?
Career decisions depend on many factors beyond salary. Financial Analysts has a median salary of $101,350 while Insurance Sales Agents earns $60,370. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS