The annual salary statistics of insurance sales agents in Santa Maria-Santa Barbara, California is shown in Table 1. The wage statistics of insurance sales agents in Santa Maria-Santa Barbara 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 | $33,140 |
25th Percentile Wage | $43,470 |
50th Percentile Wage | $78,230 |
75th Percentile Wage | $199,990 |
90th Percentile Wage | $199,990 |
Table 1 shows the average annual salary for insurance sales agents in Santa Maria-Santa Barbara, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $199,990. The median (50th percentile) annual salary is $78,230. The average annual salary for the bottom 10 percent earners is $33,140.
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 | $78,230 | 37.48% | 24.39% |
2021 | $48,910 | -5.79% | - |
2020 | $51,740 | -1.99% | - |
2019 | $52,770 | 0.53% | - |
2018 | $52,490 | -9.47% | - |
2017 | $57,460 | -2.94% | - |
2016 | $59,150 | 11.14% | - |
2015 | $52,560 | -12.54% | - |
2012 | $59,150 | - | - |
From Table 3 we note that the median annual salary of $78,230 in Santa Maria-Santa Barbara 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 Maria-Santa Barbara is 24.7 percent (24.7%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 43.0 percent (43.0%) higher than that in the lowest paying San Luis Obispo-Paso Robles.