The salary statistics of insurance sales agents in the industry sector of retail trade are shown in Table 1. In Table 2 we compare insurance sales agent salaries in different industries within the retail trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $22,310 |
| 25th Percentile Wage | $29,680 |
| 50th Percentile Wage | $43,030 |
| 75th Percentile Wage | $70,270 |
| 90th Percentile Wage | $120,530 |
Table 1 shows the average annual salary for insurance sales agents in the industry sector of retail trade. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) insurance sales agents is $120,530. The median annual salary (50th percentile) is $43,030. The average annual salary for the bottom 10 percent paid insurance sales agents is $22,310.
The table and chart below show the trend of the median salary of insurance sales agents in the industry sector of retail trade from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $43,030 | 7.67% | 14.08% |
| 2017 | $39,730 | -5.86% | - |
| 2016 | $42,060 | 54.18% | - |
| 2015 | $19,270 | -47.90% | - |
| 2014 | $28,500 | 15.47% | - |
| 2013 | $24,090 | -53.47% | - |
| 2012 | $36,970 | - | - |
The average salaries of insurance sales agents in three industries in the retail trade sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for insurance sales agent occupations is the sporting goods, hobby, musical instrument, and book stores industry with an annual salary $24,110. The lowest paying industry is the sporting goods stores industry (annual salary $24,110). For detailed insurance sales agent salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Sporting Goods, Hobby, Musical Instrument, and Book Stores | |
| Sporting Goods, Hobby, and Musical Instrument Stores | |
| Sporting Goods Stores | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].