National » Insurance Sales Agents » Portland-South Portland-Biddeford, ME

Insurance Sales Agent Salary in Portland-South Portland-Biddeford, Maine

The annual salary statistics of insurance sales agents in Portland-South Portland-Biddeford, Maine is shown in Table 1. The wage data of insurance sales agents in Portland-South Portland-Biddeford is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Annual Salary of Insurance Sales Agents in Portland-South Portland-Biddeford, Maine

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$49,100
25th Percentile Wage	$58,610
50th Percentile Wage	$63,300
75th Percentile Wage	$102,890
90th Percentile Wage	$139,020

Table 1 shows the average annual salary for insurance sales agents in Portland-South Portland-Biddeford, Maine in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $139,020. The median (50th percentile) annual salary is $63,300. The average annual salary for the bottom 10 percent earners is $49,100.

Median salary trend (2012 to 2022)

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	$63,300	2.31%	38.15%
2021	$61,840	-18.84%	-
2020	$73,490	15.29%	-
2019	$62,250	16.80%	-
2018	$51,790	15.58%	-
2017	$43,720	2.22%	-
2016	$42,750	-12.80%	-
2015	$48,220	2.78%	-
2014	$46,880	16.85%	-
2013	$38,980	-0.44%	-
2012	$39,150	-	-

Table 2. Compare Insurance Sales Agent Salary in Portland-South Portland-Biddeford with Other Maine Cities

From Table 3 we note that with a median annual salary of $63,300, Portland-South Portland-Biddeford is the highest paying city for insurance sales agents in state of Maine, followed by Lewiston-Auburn (median annual salary $52,600). In comparison, the median annual salary of insurance sales agents in Portland-South Portland-Biddeford is 16.9 percent (16.9%) higher than that in Lewiston-Auburn.

Cities/Areas	Median Annual Salary
Portland-South Portland-Biddeford	$63,300
Lewiston-Auburn	$52,600
Bangor	$52,070
Southwest Maine nonmetropolitan area	$50,170
Northeast Maine nonmetropolitan area	$49,280