The annual salary statistics of insurance sales agents in Little Rock-North Little Rock-Conway, Arkansas is shown in Table 1. The wage statistics of insurance sales agents in Little Rock-North Little Rock-Conway 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 | $30,380 |
| 25th Percentile Wage | $41,830 |
| 50th Percentile Wage | $59,610 |
| 75th Percentile Wage | $87,050 |
| 90th Percentile Wage | $170,970 |
Table 1 shows the average annual salary for insurance sales agents in Little Rock-North Little Rock-Conway, Arkansas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $170,970. The median (50th percentile) annual salary is $59,610. The average annual salary for the bottom 10 percent earners is $30,380.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $59,610 | 15.53% | 29.14% |
| 2021 | $50,350 | -22.34% | - |
| 2020 | $61,600 | 24.61% | - |
| 2019 | $46,440 | 11.74% | - |
| 2018 | $40,990 | -20.54% | - |
| 2017 | $49,410 | 9.13% | - |
| 2016 | $44,900 | -1.07% | - |
| 2015 | $45,380 | 14.96% | - |
| 2014 | $38,590 | -7.80% | - |
| 2013 | $41,600 | -1.54% | - |
| 2012 | $42,240 | - | - |
From Table 3 we note that with a median annual salary of $59,610, Little Rock-North Little Rock-Conway is the highest paying city for insurance sales agents in state of Arkansas, followed by South Arkansas nonmetropolitan area (median annual salary $48,710). In comparison, the median annual salary of insurance sales agents in Little Rock-North Little Rock-Conway is 18.3 percent (18.3%) higher than that in South Arkansas nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Little Rock-North Little Rock-Conway | |
| South Arkansas nonmetropolitan area | |
| East Arkansas nonmetropolitan area | |
| Hot Springs | |
| West Arkansas nonmetropolitan area | |
| Jonesboro | |
| Pine Bluff | |
| Central Arkansas nonmetropolitan area |