The annual salary statistics of insurance sales agents in Kahului-Wailuku-Lahaina, Hawaii is shown in Table 1. The wage information of insurance sales agents in Kahului-Wailuku-Lahaina 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 | $37,570 |
| 25th Percentile Wage | $47,940 |
| 50th Percentile Wage | $56,170 |
| 75th Percentile Wage | $95,970 |
| 90th Percentile Wage | $127,580 |
Table 1 shows the average annual salary for insurance sales agents in Kahului-Wailuku-Lahaina, Hawaii in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,580. The median (50th percentile) annual salary is $56,170. The average annual salary for the bottom 10 percent earners is $37,570.
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 | $56,170 | -0.05% | 2.23% |
| 2020 | $56,200 | -2.97% | - |
| 2019 | $57,870 | 1.83% | - |
| 2018 | $56,810 | 6.95% | - |
| 2017 | $52,860 | -3.90% | - |
| 2016 | $54,920 | 1.88% | - |
| 2015 | $53,890 | -1.91% | - |
| 2012 | $54,920 | - | - |
From Table 3 we note that the median annual salary of $56,170 in Kahului-Wailuku-Lahaina is in the middle of salary range for insurance sales agents in state of Hawaii. In comparison, the annual salary of insurance sales agents in Kahului-Wailuku-Lahaina is 7.0 percent (7.0%) lower than that in the highest paying Urban Honolulu and 20.0 percent (20.0%) higher than that in the lowest paying Honolulu.
| Cities/Areas | Median Annual Salary |
|---|---|
| Urban Honolulu | |
| Hawaii-Maui-Kauai nonmetropolitan area | |
| Kahului-Wailuku-Lahaina | |
| Honolulu |