The annual salary statistics of insurance sales agents in California-Lexington Park, Maryland is shown in Table 1. The wage statistics of insurance sales agents in California-Lexington Park 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 | $33,940 |
| 25th Percentile Wage | $37,110 |
| 50th Percentile Wage | $52,270 |
| 75th Percentile Wage | $74,170 |
| 90th Percentile Wage | $92,900 |
Table 1 shows the average annual salary for insurance sales agents in California-Lexington Park, Maryland in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $92,900. The median (50th percentile) annual salary is $52,270. The average annual salary for the bottom 10 percent earners is $33,940.
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 | $52,270 | 9.30% | 0.38% |
| 2021 | $47,410 | -4.16% | - |
| 2020 | $49,380 | 11.91% | - |
| 2019 | $43,500 | -5.95% | - |
| 2018 | $46,090 | -0.13% | - |
| 2017 | $46,150 | -12.83% | - |
| 2016 | $52,070 | 28.79% | - |
| 2015 | $37,080 | -40.43% | - |
| 2012 | $52,070 | - | - |
From Table 3 we note that the median annual salary of $52,270 in California-Lexington Park is in the middle of salary range for insurance sales agents in state of Maryland. In comparison, the annual salary of insurance sales agents in California-Lexington Park is 18.8 percent (18.8%) lower than that in the highest paying Upper Eastern Shore nonmetropolitan area and 31.1 percent (31.1%) higher than that in the lowest paying St Marys County.
| Cities/Areas | Median Annual Salary |
|---|---|
| Upper Eastern Shore nonmetropolitan area | |
| Baltimore-Towson | |
| California-Lexington Park | |
| Salisbury | |
| Maryland nonmetropolitan area | |
| Bethesda-Rockville-Frederick | |
| St Marys County |