The annual salary statistics of insurance sales agents in Florence-Muscle Shoals, Alabama is shown in Table 1. The wage statistics of insurance sales agents in Florence-Muscle Shoals is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $23,230 |
| 25th Percentile Wage | $23,250 |
| 50th Percentile Wage | $36,950 |
| 75th Percentile Wage | $48,380 |
| 90th Percentile Wage | $73,800 |
Table 1 shows the average annual salary for insurance sales agents in Florence-Muscle Shoals, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $73,800. The median (50th percentile) annual salary is $36,950. The average annual salary for the bottom 10 percent earners is $23,230.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $36,950 | -26.01% | -8.12% |
| 2020 | $46,560 | 1.33% | - |
| 2019 | $45,940 | -14.19% | - |
| 2018 | $52,460 | 3.34% | - |
| 2017 | $50,710 | 4.79% | - |
| 2016 | $48,280 | 14.93% | - |
| 2015 | $41,070 | 5.87% | - |
| 2014 | $38,660 | -2.38% | - |
| 2013 | $39,580 | -0.93% | - |
| 2012 | $39,950 | - | - |
From Table 3 we note that with a median annual salary of $36,950, Florence-Muscle Shoals is the lowest paying city for insurance sales agents in state of Alabama, following city of Decatur (median annual salary of $63,670). Compared with the highest paying city Decatur, the median annual salary of insurance sales agents in Florence-Muscle Shoals is 42.0 percent (42.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Decatur | |
| Auburn-Opelika | |
| Southeast Alabama nonmetropolitan area | |
| Montgomery | |
| Birmingham-Hoover | |
| Daphne-Fairhope-Foley | |
| Northeast Alabama nonmetropolitan area | |
| Tuscaloosa | |
| Northwest Alabama nonmetropolitan area | |
| Mobile | |
| Huntsville | |
| Southwest Alabama nonmetropolitan area | |
| Anniston-Oxford | |
| Dothan | |
| Gadsden | |
| Florence-Muscle Shoals |