The annual salary statistics of insurance sales agents in Hartford-West Hartford-East Hartford, Connecticut is shown in Table 1. The wage information of insurance sales agents in Hartford-West Hartford-East Hartford 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 | $45,870 |
| 25th Percentile Wage | $52,330 |
| 50th Percentile Wage | $78,350 |
| 75th Percentile Wage | $123,100 |
| 90th Percentile Wage | $139,080 |
Table 1 shows the average annual salary for insurance sales agents in Hartford-West Hartford-East Hartford, Connecticut in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $139,080. The median (50th percentile) annual salary is $78,350. The average annual salary for the bottom 10 percent earners is $45,870.
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 | $78,350 | 20.73% | 33.62% |
| 2021 | $62,110 | -5.44% | - |
| 2020 | $65,490 | 6.09% | - |
| 2019 | $61,500 | -0.85% | - |
| 2018 | $62,020 | 3.90% | - |
| 2017 | $59,600 | -1.17% | - |
| 2016 | $60,300 | 2.09% | - |
| 2015 | $59,040 | 0.00% | - |
| 2014 | $59,040 | 2.74% | - |
| 2013 | $57,420 | 9.42% | - |
| 2012 | $52,010 | - | - |
From Table 3 we note that with a median annual salary of $78,350, Hartford-West Hartford-East Hartford is the highest paying city for insurance sales agents in state of Connecticut, followed by Bridgeport-Stamford-Norwalk (median annual salary $76,120). In comparison, the median annual salary of insurance sales agents in Hartford-West Hartford-East Hartford is 2.8 percent (2.8%) higher than that in Bridgeport-Stamford-Norwalk.
| Cities/Areas | Median Annual Salary |
|---|---|
| Hartford-West Hartford-East Hartford | |
| Bridgeport-Stamford-Norwalk | |
| New Haven | |
| Northwestern Connecticut nonmetropolitan area | |
| Waterbury | |
| Danbury |