The annual salary statistics of insurance sales agents in Oakland-Fremont-Hayward, California is shown in Table 1. The wage data of insurance sales agents in Oakland-Fremont-Hayward 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 | $36,380 |
| 25th Percentile Wage | $48,980 |
| 50th Percentile Wage | $73,700 |
| 75th Percentile Wage | $138,950 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for insurance sales agents in Oakland-Fremont-Hayward, California in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $138,950. The median (50th percentile) annual salary is $73,700. The average annual salary for the bottom 10 percent earners is $36,380.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $73,700 | 4.59% | 18.20% |
| 2016 | $70,320 | 4.12% | - |
| 2015 | $67,420 | 17.84% | - |
| 2014 | $55,390 | -6.35% | - |
| 2013 | $58,910 | -2.34% | - |
| 2012 | $60,290 | - | - |
From Table 3 we note that the median annual salary of $73,700 in Oakland-Fremont-Hayward 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 Oakland-Fremont-Hayward is 29.0 percent (29.0%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 39.5 percent (39.5%) higher than that in the lowest paying San Luis Obispo-Paso Robles.