The annual salary statistics of insurance sales agents in Santa Cruz-Watsonville, California is shown in Table 1. The wage data of insurance sales agents in Santa Cruz-Watsonville 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 | $32,540 |
| 25th Percentile Wage | $38,930 |
| 50th Percentile Wage | $59,760 |
| 75th Percentile Wage | $97,240 |
| 90th Percentile Wage | $156,170 |
Table 1 shows the average annual salary for insurance sales agents in Santa Cruz-Watsonville, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $156,170. The median (50th percentile) annual salary is $59,760. The average annual salary for the bottom 10 percent earners is $32,540.
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 | $59,760 | 8.84% | 20.11% |
| 2021 | $54,480 | 22.49% | - |
| 2020 | $42,230 | -4.05% | - |
| 2019 | $43,940 | -28.17% | - |
| 2018 | $56,320 | 2.63% | - |
| 2017 | $54,840 | 2.52% | - |
| 2016 | $53,460 | 12.96% | - |
| 2015 | $46,530 | -40.19% | - |
| 2014 | $65,230 | 9.38% | - |
| 2013 | $59,110 | 19.24% | - |
| 2012 | $47,740 | - | - |
From Table 3 we note that the median annual salary of $59,760 in Santa Cruz-Watsonville 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 Santa Cruz-Watsonville is 42.4 percent (42.4%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 25.4 percent (25.4%) higher than that in the lowest paying San Luis Obispo-Paso Robles.