The annual salary statistics of insurance sales agents in New Orleans-Metairie-Kenner, Louisiana is shown in Table 1. The wage statistics of insurance sales agents in New Orleans-Metairie-Kenner 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 | $29,010 |
| 25th Percentile Wage | $35,210 |
| 50th Percentile Wage | $56,880 |
| 75th Percentile Wage | $76,700 |
| 90th Percentile Wage | $102,380 |
Table 1 shows the average annual salary for insurance sales agents in New Orleans-Metairie-Kenner, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $102,380. The median (50th percentile) annual salary is $56,880. The average annual salary for the bottom 10 percent earners is $29,010.
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 | $56,880 | 14.77% | 7.07% |
| 2021 | $48,480 | -9.94% | - |
| 2020 | $53,300 | 2.74% | - |
| 2019 | $51,840 | 6.27% | - |
| 2018 | $48,590 | 10.31% | - |
| 2017 | $43,580 | -2.34% | - |
| 2016 | $44,600 | -0.25% | - |
| 2015 | $44,710 | 0.63% | - |
| 2014 | $44,430 | -6.93% | - |
| 2013 | $47,510 | -11.26% | - |
| 2012 | $52,860 | - | - |
From Table 3 we note that with a median annual salary of $56,880, New Orleans-Metairie-Kenner is the second highest paying city for insurance sales agents in state of Louisiana, following the highest paying city Baton Rouge (median annual salary of $65,090). Compared with Baton Rouge, the median annual salary of insurance sales agents in New Orleans-Metairie-Kenner is 12.6 percent (12.6%) lower.
| 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 |