The annual salary statistics of insurance sales agents in West Palm Beach-Boca Raton-Boynton Beach, Florida is shown in Table 1. The wage data of insurance sales agents in West Palm Beach-Boca Raton-Boynton 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 | $31,010 |
| 25th Percentile Wage | $41,690 |
| 50th Percentile Wage | $56,180 |
| 75th Percentile Wage | $74,000 |
| 90th Percentile Wage | $96,410 |
Table 1 shows the average annual salary for insurance sales agents in West Palm Beach-Boca Raton-Boynton Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $96,410. The median (50th percentile) annual salary is $56,180. The average annual salary for the bottom 10 percent earners is $31,010.
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 | $56,180 | -1.28% | 8.44% |
| 2016 | $56,900 | 15.75% | - |
| 2015 | $47,940 | 2.15% | - |
| 2014 | $46,910 | 7.35% | - |
| 2013 | $43,460 | -18.36% | - |
| 2012 | $51,440 | - | - |
From Table 3 we note that the median annual salary of $56,180 in West Palm Beach-Boca Raton-Boynton 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 West Palm Beach-Boca Raton-Boynton Beach is 9.9 percent (9.9%) lower than that in the highest paying Miami-Miami Beach-Kendall and 33.5 percent (33.5%) higher than that in the lowest paying Sebring.