The annual salary statistics of insurance sales agents in Hanford-Corcoran, California is shown in Table 1. The wage data of insurance sales agents in Hanford-Corcoran 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 | $34,540 |
| 25th Percentile Wage | $44,720 |
| 50th Percentile Wage | $60,970 |
| 75th Percentile Wage | $100,980 |
| 90th Percentile Wage | $163,030 |
Table 1 shows the average annual salary for insurance sales agents in Hanford-Corcoran, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $163,030. The median (50th percentile) annual salary is $60,970. The average annual salary for the bottom 10 percent earners is $34,540.
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 | $60,970 | -2.31% | 22.62% |
| 2021 | $62,380 | 20.25% | - |
| 2020 | $49,750 | 8.80% | - |
| 2015 | $45,370 | -13.80% | - |
| 2014 | $51,630 | 12.90% | - |
| 2013 | $44,970 | -4.91% | - |
| 2012 | $47,180 | - | - |
From Table 3 we note that the median annual salary of $60,970 in Hanford-Corcoran is in the middle of salary range for insurance sales agents in state of California. In comparison, the annual salary of insurance sales agents in Hanford-Corcoran is 41.3 percent (41.3%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 26.9 percent (26.9%) higher than that in the lowest paying San Luis Obispo-Paso Robles.