The annual salary statistics of insurance sales agents in Los Angeles-Long Beach-Anaheim, California is shown in Table 1. The wage statistics of insurance sales agents in Los Angeles-Long Beach-Anaheim 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 | $35,250 |
| 25th Percentile Wage | $49,980 |
| 50th Percentile Wage | $66,960 |
| 75th Percentile Wage | $100,650 |
| 90th Percentile Wage | $126,710 |
Table 1 shows the average annual salary for insurance sales agents in Los Angeles-Long Beach-Anaheim, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,710. The median (50th percentile) annual salary is $66,960. The average annual salary for the bottom 10 percent earners is $35,250.
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 | $66,960 | 7.96% | 14.81% |
| 2021 | $61,630 | 18.90% | - |
| 2020 | $49,980 | -1.56% | - |
| 2019 | $50,760 | -5.26% | - |
| 2018 | $53,430 | -6.74% | - |
| 2017 | $57,030 | -0.02% | - |
| 2016 | $57,040 | 10.20% | - |
| 2015 | $51,220 | -11.36% | - |
| 2012 | $57,040 | - | - |
From Table 3 we note that the median annual salary of $66,960 in Los Angeles-Long Beach-Anaheim 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 Los Angeles-Long Beach-Anaheim is 35.5 percent (35.5%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 33.4 percent (33.4%) higher than that in the lowest paying San Luis Obispo-Paso Robles.