The annual salary statistics of insurance sales agents in San Francisco-Oakland-Fremont, California is shown in Table 1. The wage data of insurance sales agents in San Francisco-Oakland-Fremont 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 | $37,320 |
| 25th Percentile Wage | $49,050 |
| 50th Percentile Wage | $71,530 |
| 75th Percentile Wage | $124,240 |
| 90th Percentile Wage | $174,990 |
Table 1 shows the average annual salary for insurance sales agents in San Francisco-Oakland-Fremont, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $174,990. The median (50th percentile) annual salary is $71,530. The average annual salary for the bottom 10 percent earners is $37,320.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $71,530 | 7.70% | 4.68% |
| 2020 | $66,020 | -14.16% | - |
| 2019 | $75,370 | -12.68% | - |
| 2018 | $84,930 | 6.64% | - |
| 2017 | $79,290 | 11.34% | - |
| 2016 | $70,300 | 5.36% | - |
| 2015 | $66,530 | 5.92% | - |
| 2014 | $62,590 | -5.19% | - |
| 2013 | $65,840 | -3.55% | - |
| 2012 | $68,180 | - | - |
From Table 3 we note that the median annual salary of $71,530 in San Francisco-Oakland-Fremont 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 San Francisco-Oakland-Fremont is 31.1 percent (31.1%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 37.7 percent (37.7%) higher than that in the lowest paying San Luis Obispo-Paso Robles.