The annual salary statistics of insurance sales agents in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage data of insurance sales agents in Des Moines-West Des Moines 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 | $34,300 |
| 25th Percentile Wage | $47,000 |
| 50th Percentile Wage | $57,030 |
| 75th Percentile Wage | $76,660 |
| 90th Percentile Wage | $123,540 |
Table 1 shows the average annual salary for insurance sales agents in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $123,540. The median (50th percentile) annual salary is $57,030. The average annual salary for the bottom 10 percent earners is $34,300.
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 | $57,030 | 11.89% | 21.02% |
| 2021 | $50,250 | -12.78% | - |
| 2020 | $56,670 | 0.64% | - |
| 2019 | $56,310 | -7.58% | - |
| 2018 | $60,580 | 9.87% | - |
| 2017 | $54,600 | 5.37% | - |
| 2016 | $51,670 | 13.53% | - |
| 2015 | $44,680 | -2.31% | - |
| 2014 | $45,710 | 2.28% | - |
| 2013 | $44,670 | -0.83% | - |
| 2012 | $45,040 | - | - |
From Table 3 we note that the median annual salary of $57,030 in Des Moines-West Des Moines 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 Des Moines-West Des Moines is 8.2 percent (8.2%) lower than that in the highest paying Iowa City and 26.0 percent (26.0%) 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 |