The annual salary statistics of insurance sales agents in Miami-Fort Lauderdale-Pompano Beach, Florida is shown in Table 1. The wage data of insurance sales agents in Miami-Fort Lauderdale-Pompano Beach 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 | $27,720 |
| 25th Percentile Wage | $36,240 |
| 50th Percentile Wage | $43,140 |
| 75th Percentile Wage | $62,780 |
| 90th Percentile Wage | $125,000 |
Table 1 shows the average annual salary for insurance sales agents in Miami-Fort Lauderdale-Pompano Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $125,000. The median (50th percentile) annual salary is $43,140. The average annual salary for the bottom 10 percent earners is $27,720.
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 | $43,140 | 9.34% | -16.37% |
| 2021 | $39,110 | -12.17% | - |
| 2020 | $43,870 | -1.09% | - |
| 2019 | $44,350 | -9.65% | - |
| 2018 | $48,630 | -16.84% | - |
| 2017 | $56,820 | -0.76% | - |
| 2016 | $57,250 | 6.27% | - |
| 2015 | $53,660 | 2.59% | - |
| 2014 | $52,270 | 3.98% | - |
| 2013 | $50,190 | -0.02% | - |
| 2012 | $50,200 | - | - |
From Table 3 we note that the median annual salary of $43,140 in Miami-Fort Lauderdale-Pompano Beach 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 Miami-Fort Lauderdale-Pompano Beach is 30.8 percent (30.8%) lower than that in the highest paying Miami-Miami Beach-Kendall and 13.4 percent (13.4%) higher than that in the lowest paying Sebring.