The annual salary statistics of insurance sales agents in Louisville-Jefferson County, Kentucky is shown in Table 1. The wage data of insurance sales agents in Louisville-Jefferson County 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 | $31,820 |
| 25th Percentile Wage | $48,740 |
| 50th Percentile Wage | $62,040 |
| 75th Percentile Wage | $72,870 |
| 90th Percentile Wage | $99,630 |
Table 1 shows the average annual salary for insurance sales agents in Louisville-Jefferson County, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $99,630. The median (50th percentile) annual salary is $62,040. The average annual salary for the bottom 10 percent earners is $31,820.
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 | $62,040 | 11.64% | 19.73% |
| 2021 | $54,820 | 4.38% | - |
| 2020 | $52,420 | 7.25% | - |
| 2019 | $48,620 | 0.39% | - |
| 2018 | $48,430 | 9.09% | - |
| 2017 | $44,030 | -5.18% | - |
| 2016 | $46,310 | 6.82% | - |
| 2015 | $43,150 | -6.88% | - |
| 2014 | $46,120 | -11.17% | - |
| 2013 | $51,270 | 2.87% | - |
| 2012 | $49,800 | - | - |
From Table 3 we note that with a median annual salary of $62,040, Louisville-Jefferson County is the highest paying city for insurance sales agents in state of Kentucky, followed by West Central Kentucky nonmetropolitan area (median annual salary $52,560). In comparison, the median annual salary of insurance sales agents in Louisville-Jefferson County is 15.3 percent (15.3%) higher than that in West Central Kentucky nonmetropolitan area.
| 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 |