The annual salary statistics of insurance sales agents in Houma-Bayou Cane-Thibodaux, Louisiana is shown in Table 1. The wage information of insurance sales agents in Houma-Bayou Cane-Thibodaux 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 | $23,240 |
| 25th Percentile Wage | $29,260 |
| 50th Percentile Wage | $36,400 |
| 75th Percentile Wage | $61,330 |
| 90th Percentile Wage | $97,760 |
Table 1 shows the average annual salary for insurance sales agents in Houma-Bayou Cane-Thibodaux, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $97,760. The median (50th percentile) annual salary is $36,400. The average annual salary for the bottom 10 percent earners is $23,240.
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 | 9-Year Growth |
|---|---|---|---|
| 2022 | $36,400 | -34.15% | -14.56% |
| 2021 | $48,830 | 0.78% | - |
| 2020 | $48,450 | 8.11% | - |
| 2019 | $44,520 | 12.62% | - |
| 2018 | $38,900 | -3.65% | - |
| 2017 | $40,320 | 20.31% | - |
| 2016 | $32,130 | -9.55% | - |
| 2015 | $35,200 | 4.66% | - |
| 2014 | $33,560 | -24.26% | - |
| 2013 | $41,700 | - | - |
From Table 3 we note that the median annual salary of $36,400 in Houma-Bayou Cane-Thibodaux is in the middle of salary range for insurance sales agents in state of Louisiana. In comparison, the annual salary of insurance sales agents in Houma-Bayou Cane-Thibodaux is 44.1 percent (44.1%) lower than that in the highest paying Baton Rouge and 21.0 percent (21.0%) higher than that in the lowest paying Lake Charles.
| Cities/Areas | Median Annual Salary |
|---|---|
| Baton Rouge | |
| New Orleans-Metairie-Kenner | |
| New Iberia nonmetropolitan area | |
| Hammond nonmetropolitan area | |
| Lafayette | |
| Alexandria | |
| Natchitoches nonmetropolitan area | |
| Monroe | |
| Winnsboro nonmetropolitan area | |
| Hammond | |
| Southwest Louisiana nonmetropolitan area | |
| Shreveport-Bossier City | |
| Houma-Bayou Cane-Thibodaux | |
| Lake Charles |