The annual salary statistics of insurance sales agents in Davenport-Moline-Rock Island, Iowa is shown in Table 1. The wage data of insurance sales agents in Davenport-Moline-Rock Island 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 | $38,750 |
| 25th Percentile Wage | $48,270 |
| 50th Percentile Wage | $57,680 |
| 75th Percentile Wage | $76,050 |
| 90th Percentile Wage | $134,210 |
Table 1 shows the average annual salary for insurance sales agents in Davenport-Moline-Rock Island, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $134,210. The median (50th percentile) annual salary is $57,680. The average annual salary for the bottom 10 percent earners is $38,750.
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 | $57,680 | 5.51% | 32.45% |
| 2021 | $54,500 | 8.77% | - |
| 2020 | $49,720 | 5.17% | - |
| 2019 | $47,150 | 14.40% | - |
| 2018 | $40,360 | 7.66% | - |
| 2017 | $37,270 | 7.54% | - |
| 2016 | $34,460 | -5.31% | - |
| 2015 | $36,290 | -19.37% | - |
| 2014 | $43,320 | 0.85% | - |
| 2013 | $42,950 | 9.29% | - |
| 2012 | $38,960 | - | - |
From Table 3 we note that the median annual salary of $57,680 in Davenport-Moline-Rock Island is in the middle of salary range for insurance sales agents in state of Iowa. In comparison, the annual salary of insurance sales agents in Davenport-Moline-Rock Island is 7.2 percent (7.2%) lower than that in the highest paying Iowa City and 26.9 percent (26.9%) higher than that in the lowest paying Southwest Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Iowa City | |
| Ames | |
| Dubuque | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island | |
| Des Moines-West Des Moines | |
| Northeast Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Southeast Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area |