The annual salary statistics of insurance sales agents in Denver-Aurora-Broomfield, Colorado is shown in Table 1. The wage statistics of insurance sales agents in Denver-Aurora-Broomfield 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 | $34,770 |
| 25th Percentile Wage | $46,280 |
| 50th Percentile Wage | $63,310 |
| 75th Percentile Wage | $87,360 |
| 90th Percentile Wage | $126,500 |
Table 1 shows the average annual salary for insurance sales agents in Denver-Aurora-Broomfield, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,500. The median (50th percentile) annual salary is $63,310. The average annual salary for the bottom 10 percent earners is $34,770.
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 | $63,310 | 4.66% | 19.68% |
| 2021 | $60,360 | 10.70% | - |
| 2020 | $53,900 | -5.71% | - |
| 2019 | $56,980 | 9.28% | - |
| 2018 | $51,690 | -0.41% | - |
| 2017 | $51,900 | 5.63% | - |
| 2016 | $48,980 | 17.86% | - |
| 2015 | $40,230 | -9.07% | - |
| 2014 | $43,880 | -5.74% | - |
| 2013 | $46,400 | -9.59% | - |
| 2012 | $50,850 | - | - |
From Table 3 we note that with a median annual salary of $63,310, Denver-Aurora-Broomfield is the highest paying city for insurance sales agents in state of Colorado, followed by Pueblo (median annual salary $61,150). In comparison, the median annual salary of insurance sales agents in Denver-Aurora-Broomfield is 3.4 percent (3.4%) higher than that in Pueblo.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Pueblo | |
| West Colorado nonmetropolitan area | |
| Northcentral Colorado nonmetropolitan area | |
| Greeley | |
| Boulder | |
| East and South Colorado nonmetropolitan area | |
| Colorado Springs | |
| Grand Junction | |
| Fort Collins-Loveland | |
| Central Colorado nonmetropolitan area |