The annual salary statistics of insurance sales agents in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage data of insurance sales agents in Cape Coral-Fort Myers 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 | $36,660 |
| 25th Percentile Wage | $42,310 |
| 50th Percentile Wage | $48,820 |
| 75th Percentile Wage | $75,310 |
| 90th Percentile Wage | $128,580 |
Table 1 shows the average annual salary for insurance sales agents in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,580. The median (50th percentile) annual salary is $48,820. The average annual salary for the bottom 10 percent earners is $36,660.
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 | $48,820 | 0.10% | 12.37% |
| 2021 | $48,770 | -5.97% | - |
| 2020 | $51,680 | 3.87% | - |
| 2019 | $49,680 | 1.23% | - |
| 2018 | $49,070 | 6.26% | - |
| 2017 | $46,000 | -10.41% | - |
| 2016 | $50,790 | 9.65% | - |
| 2015 | $45,890 | -2.57% | - |
| 2014 | $47,070 | 4.59% | - |
| 2013 | $44,910 | 4.74% | - |
| 2012 | $42,780 | - | - |
From Table 3 we note that the median annual salary of $48,820 in Cape Coral-Fort Myers is in the middle of salary range for insurance sales agents in state of Florida. In comparison, the annual salary of insurance sales agents in Cape Coral-Fort Myers is 21.7 percent (21.7%) lower than that in the highest paying Miami-Miami Beach-Kendall and 23.5 percent (23.5%) higher than that in the lowest paying Sebring.