The annual salary statistics of insurance sales agents in Lexington-Fayette, Kentucky is shown in Table 1. The wage statistics of insurance sales agents in Lexington-Fayette 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 | $26,670 |
| 25th Percentile Wage | $36,200 |
| 50th Percentile Wage | $45,160 |
| 75th Percentile Wage | $72,200 |
| 90th Percentile Wage | $103,630 |
Table 1 shows the average annual salary for insurance sales agents in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $103,630. The median (50th percentile) annual salary is $45,160. The average annual salary for the bottom 10 percent earners is $26,670.
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 | $45,160 | 6.29% | 7.46% |
| 2021 | $42,320 | -7.04% | - |
| 2020 | $45,300 | -0.68% | - |
| 2019 | $45,610 | -37.89% | - |
| 2018 | $62,890 | 18.62% | - |
| 2017 | $51,180 | 2.05% | - |
| 2016 | $50,130 | 23.56% | - |
| 2015 | $38,320 | -21.37% | - |
| 2014 | $46,510 | 12.00% | - |
| 2013 | $40,930 | -2.10% | - |
| 2012 | $41,790 | - | - |
From Table 3 we note that the median annual salary of $45,160 in Lexington-Fayette is in the middle of salary range for insurance sales agents in state of Kentucky. In comparison, the annual salary of insurance sales agents in Lexington-Fayette is 27.2 percent (27.2%) lower than that in the highest paying Louisville-Jefferson County and 20.4 percent (20.4%) higher than that in the lowest paying Elizabethtown.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| West Central Kentucky nonmetropolitan area | |
| Bowling Green | |
| Evansville | |
| Owensboro | |
| Lexington-Fayette | |
| West Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area | |
| East Kentucky nonmetropolitan area | |
| Elizabethtown |