The annual salary statistics of insurance sales agents in Sebastian-Vero Beach, Florida is shown in Table 1. The wage statistics of insurance sales agents in Sebastian-Vero 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 | $30,090 |
| 25th Percentile Wage | $37,910 |
| 50th Percentile Wage | $47,850 |
| 75th Percentile Wage | $76,410 |
| 90th Percentile Wage | $108,190 |
Table 1 shows the average annual salary for insurance sales agents in Sebastian-Vero Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $108,190. The median (50th percentile) annual salary is $47,850. The average annual salary for the bottom 10 percent earners is $30,090.
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 | $47,850 | 0.52% | 3.24% |
| 2021 | $47,600 | -19.24% | - |
| 2020 | $56,760 | 3.35% | - |
| 2019 | $54,860 | -1.91% | - |
| 2018 | $55,910 | 10.02% | - |
| 2017 | $50,310 | -4.83% | - |
| 2016 | $52,740 | 3.94% | - |
| 2015 | $50,660 | 7.82% | - |
| 2014 | $46,700 | 9.51% | - |
| 2013 | $42,260 | -9.56% | - |
| 2012 | $46,300 | - | - |
From Table 3 we note that the median annual salary of $47,850 in Sebastian-Vero 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 Sebastian-Vero Beach is 23.3 percent (23.3%) lower than that in the highest paying Miami-Miami Beach-Kendall and 21.9 percent (21.9%) higher than that in the lowest paying Sebring.