The annual salary statistics of insurance sales agents in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois is shown in Table 1. The wage statistics of insurance sales agents in Chicago-Joliet-Naperville (IL-IN-WI Area) 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 | $36,980 |
| 25th Percentile Wage | $45,920 |
| 50th Percentile Wage | $60,810 |
| 75th Percentile Wage | $92,130 |
| 90th Percentile Wage | $165,600 |
Table 1 shows the average annual salary for insurance sales agents in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $165,600. The median (50th percentile) annual salary is $60,810. The average annual salary for the bottom 10 percent earners is $36,980.
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 | $60,810 | 20.01% | 4.11% |
| 2021 | $48,640 | -16.63% | - |
| 2020 | $56,730 | 2.13% | - |
| 2019 | $55,520 | -0.47% | - |
| 2018 | $55,780 | 16.21% | - |
| 2017 | $46,740 | 12.22% | - |
| 2016 | $41,030 | 6.12% | - |
| 2015 | $38,520 | -28.66% | - |
| 2014 | $49,560 | -10.37% | - |
| 2013 | $54,700 | -6.60% | - |
| 2012 | $58,310 | - | - |
From Table 3 we note that the median annual salary of $60,810 in Chicago-Joliet-Naperville (IL-IN-WI Area) is in the middle of salary range for insurance sales agents in state of Illinois. In comparison, the annual salary of insurance sales agents in Chicago-Joliet-Naperville (IL-IN-WI Area) is 20.2 percent (20.2%) lower than that in the highest paying Bloomington-Normal and 38.7 percent (38.7%) higher than that in the lowest paying South Illinois nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bloomington-Normal | |
| Bloomington | |
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| West Central Illinois nonmetropolitan area | |
| Champaign-Urbana | |
| Northwest Illinois nonmetropolitan area | |
| Springfield | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) | |
| Peoria | |
| East Central Illinois nonmetropolitan area | |
| Rockford | |
| Decatur | |
| Carbondale-Marion | |
| Kankakee-Bradley | |
| Danville | |
| South Illinois nonmetropolitan area |