The annual salary statistics of insurance sales agents in Miami-Miami Beach-Kendall, Florida is shown in Table 1. The wage data of insurance sales agents in Miami-Miami Beach-Kendall 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 | $33,560 |
| 25th Percentile Wage | $45,170 |
| 50th Percentile Wage | $62,380 |
| 75th Percentile Wage | $93,870 |
| 90th Percentile Wage | $166,710 |
Table 1 shows the average annual salary for insurance sales agents in Miami-Miami Beach-Kendall, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,710. The median (50th percentile) annual salary is $62,380. The average annual salary for the bottom 10 percent earners is $33,560.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $62,380 | -5.85% | 22.27% |
| 2016 | $66,030 | 1.50% | - |
| 2015 | $65,040 | 7.12% | - |
| 2014 | $60,410 | 17.18% | - |
| 2013 | $50,030 | 3.08% | - |
| 2012 | $48,490 | - | - |
From Table 3 we note that with a median annual salary of $62,380, Miami-Miami Beach-Kendall is the highest paying city for insurance sales agents in state of Florida, followed by Naples-Marco Island (median annual salary $61,570). In comparison, the median annual salary of insurance sales agents in Miami-Miami Beach-Kendall is 1.3 percent (1.3%) higher than that in Naples-Marco Island.