The annual salary statistics of insurance sales agents in Fayetteville-Springdale-Rogers, Missouri is shown in Table 1. The wage data of insurance sales agents in Fayetteville-Springdale-Rogers 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 | $29,820 |
| 25th Percentile Wage | $36,350 |
| 50th Percentile Wage | $37,670 |
| 75th Percentile Wage | $62,190 |
| 90th Percentile Wage | $96,650 |
Table 1 shows the average annual salary for insurance sales agents in Fayetteville-Springdale-Rogers, Missouri in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $96,650. The median (50th percentile) annual salary is $37,670. The average annual salary for the bottom 10 percent earners is $29,820.
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 | $37,670 | -27.56% | 9.05% |
| 2021 | $48,050 | 15.61% | - |
| 2020 | $40,550 | -12.03% | - |
| 2019 | $45,430 | -2.86% | - |
| 2018 | $46,730 | 1.43% | - |
| 2017 | $46,060 | 5.99% | - |
| 2016 | $43,300 | 8.18% | - |
| 2015 | $39,760 | 10.89% | - |
| 2014 | $35,430 | 8.86% | - |
| 2013 | $32,290 | -6.10% | - |
| 2012 | $34,260 | - | - |
From Table 3 we note that with a median annual salary of $37,670, Fayetteville-Springdale-Rogers is the lowest paying city for insurance sales agents in state of Missouri, following city of Kansas City (median annual salary of $59,490). In comparison, the median annual salary of insurance sales agents in Fayetteville-Springdale-Rogers is 36.7 percent (36.7%) lower than that in the highest paying city Kansas City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Kansas City | |
| Cape Girardeau-Jackson | |
| St Joseph | |
| North Missouri nonmetropolitan area | |
| Columbia | |
| Springfield | |
| St Louis | |
| Central Missouri nonmetropolitan area | |
| Southeast Missouri nonmetropolitan area | |
| Joplin | |
| Jefferson City | |
| Southwest Missouri nonmetropolitan area | |
| Fayetteville-Springdale-Rogers |