The annual salary statistics of insurance sales agents in Raleigh-Cary, North Carolina is shown in Table 1. The wage data of insurance sales agents in Raleigh-Cary 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 | $38,210 |
| 25th Percentile Wage | $49,020 |
| 50th Percentile Wage | $62,120 |
| 75th Percentile Wage | $81,700 |
| 90th Percentile Wage | $124,660 |
Table 1 shows the average annual salary for insurance sales agents in Raleigh-Cary, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,660. The median (50th percentile) annual salary is $62,120. The average annual salary for the bottom 10 percent earners is $38,210.
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 | $62,120 | 1.09% | 28.43% |
| 2021 | $61,440 | 14.50% | - |
| 2020 | $52,530 | -3.90% | - |
| 2019 | $54,580 | -7.95% | - |
| 2018 | $58,920 | 3.12% | - |
| 2017 | $57,080 | 5.64% | - |
| 2016 | $53,860 | 18.68% | - |
| 2015 | $43,800 | 5.41% | - |
| 2014 | $41,430 | -6.20% | - |
| 2013 | $44,000 | -1.05% | - |
| 2012 | $44,460 | - | - |
From Table 3 we note that with a median annual salary of $62,120, Raleigh-Cary is the highest paying city for insurance sales agents in state of North Carolina, followed by Wilmington (median annual salary $60,860). In comparison, the median annual salary of insurance sales agents in Raleigh-Cary is 2.0 percent (2.0%) higher than that in Wilmington.