The annual salary statistics of insurance sales agents in Leominster-Fitchburg-Gardner, Massachusetts is shown in Table 1. The wage data of insurance sales agents in Leominster-Fitchburg-Gardner 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 | $37,150 |
| 25th Percentile Wage | $48,710 |
| 50th Percentile Wage | $61,220 |
| 75th Percentile Wage | $75,610 |
| 90th Percentile Wage | $129,110 |
Table 1 shows the average annual salary for insurance sales agents in Leominster-Fitchburg-Gardner, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $129,110. The median (50th percentile) annual salary is $61,220. The average annual salary for the bottom 10 percent earners is $37,150.
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 | $61,220 | 1.58% | -74.19% |
| 2021 | $60,250 | -21.13% | - |
| 2018 | $72,980 | -46.12% | - |
| 2016 | $106,640 | 23.88% | - |
| 2015 | $81,170 | 12.74% | - |
| 2014 | $70,830 | -50.56% | - |
| 2012 | $106,640 | - | - |
From Table 3 we note that the median annual salary of $61,220 in Leominster-Fitchburg-Gardner is in the middle of salary range for insurance sales agents in state of Massachusetts. In comparison, the annual salary of insurance sales agents in Leominster-Fitchburg-Gardner is 26.8 percent (26.8%) lower than that in the highest paying North Central Massachusetts nonmetropolitan area and 50.5 percent (50.5%) higher than that in the lowest paying Peabody.