The annual salary statistics of insurance sales agents in Phoenix-Mesa-Glendale, Arizona is shown in Table 1. The wage data of insurance sales agents in Phoenix-Mesa-Glendale 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 | $39,700 |
| 25th Percentile Wage | $46,150 |
| 50th Percentile Wage | $58,160 |
| 75th Percentile Wage | $75,220 |
| 90th Percentile Wage | $102,390 |
Table 1 shows the average annual salary for insurance sales agents in Phoenix-Mesa-Glendale, Arizona in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $102,390. The median (50th percentile) annual salary is $58,160. The average annual salary for the bottom 10 percent earners is $39,700.
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 | $58,160 | 16.68% | 18.66% |
| 2021 | $48,460 | -12.38% | - |
| 2020 | $54,460 | 0.07% | - |
| 2019 | $54,420 | 14.54% | - |
| 2018 | $46,510 | 1.98% | - |
| 2017 | $45,590 | 16.06% | - |
| 2016 | $38,270 | -23.86% | - |
| 2015 | $47,400 | -1.77% | - |
| 2014 | $48,240 | -3.81% | - |
| 2013 | $50,080 | 5.53% | - |
| 2012 | $47,310 | - | - |
From Table 3 we note that with a median annual salary of $58,160, Phoenix-Mesa-Glendale is the highest paying city for insurance sales agents in state of Arizona, followed by Flagstaff (median annual salary $48,040). In comparison, the median annual salary of insurance sales agents in Phoenix-Mesa-Glendale is 17.4 percent (17.4%) higher than that in Flagstaff.
| Cities/Areas | Median Annual Salary |
|---|---|
| Phoenix-Mesa-Glendale | |
| Flagstaff | |
| Lake Havasu City-Kingman | |
| Sierra Vista-Douglas | |
| Tucson | |
| Prescott | |
| Yuma | |
| North Arizona nonmetropolitan area | |
| Southeast Arizona nonmetropolitan area |