The annual salary statistics of insurance sales agents in Gulfport-Biloxi, Mississippi is shown in Table 1. The wage information of insurance sales agents in Gulfport-Biloxi 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 | $24,330 |
| 25th Percentile Wage | $29,240 |
| 50th Percentile Wage | $34,310 |
| 75th Percentile Wage | $60,980 |
| 90th Percentile Wage | $103,650 |
Table 1 shows the average annual salary for insurance sales agents in Gulfport-Biloxi, Mississippi in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $103,650. The median (50th percentile) annual salary is $34,310. The average annual salary for the bottom 10 percent earners is $24,330.
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 | $34,310 | 14.49% | -45.88% |
| 2021 | $29,340 | -25.05% | - |
| 2020 | $36,690 | -2.56% | - |
| 2019 | $37,630 | -7.65% | - |
| 2018 | $40,510 | -4.17% | - |
| 2017 | $42,200 | -6.99% | - |
| 2016 | $45,150 | -12.65% | - |
| 2015 | $50,860 | 24.66% | - |
| 2014 | $38,320 | -55.04% | - |
| 2013 | $59,410 | 15.75% | - |
| 2012 | $50,050 | - | - |
From Table 3 we note that the median annual salary of $34,310 in Gulfport-Biloxi is in the middle of salary range for insurance sales agents in state of Mississippi. In comparison, the annual salary of insurance sales agents in Gulfport-Biloxi is 39.2 percent (39.2%) lower than that in the highest paying Jackson and .4 percent (.4%) higher than that in the lowest paying Pascagoula.
| Cities/Areas | Median Annual Salary |
|---|---|
| Jackson | |
| Southwest Mississippi nonmetropolitan area | |
| Southeast Mississippi nonmetropolitan area | |
| Northwest Mississippi nonmetropolitan area | |
| Hattiesburg | |
| Northeast Mississippi nonmetropolitan area | |
| Gulfport-Biloxi | |
| Pascagoula |