The annual salary statistics of insurance sales agents in Winston-Salem, North Carolina is shown in Table 1. The wage data of insurance sales agents in Winston-Salem 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 | $32,920 |
| 25th Percentile Wage | $33,030 |
| 50th Percentile Wage | $45,350 |
| 75th Percentile Wage | $64,260 |
| 90th Percentile Wage | $101,080 |
Table 1 shows the average annual salary for insurance sales agents in Winston-Salem, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,080. The median (50th percentile) annual salary is $45,350. The average annual salary for the bottom 10 percent earners is $32,920.
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 | $45,350 | -5.42% | 7.17% |
| 2021 | $47,810 | 14.12% | - |
| 2020 | $41,060 | 1.19% | - |
| 2019 | $40,570 | -18.49% | - |
| 2018 | $48,070 | -16.48% | - |
| 2017 | $55,990 | 8.07% | - |
| 2016 | $51,470 | 40.22% | - |
| 2015 | $30,770 | -23.85% | - |
| 2014 | $38,110 | 14.01% | - |
| 2013 | $32,770 | -28.47% | - |
| 2012 | $42,100 | - | - |
From Table 3 we note that the median annual salary of $45,350 in Winston-Salem is in the middle of salary range for insurance sales agents in state of North Carolina. In comparison, the annual salary of insurance sales agents in Winston-Salem is 27.0 percent (27.0%) lower than that in the highest paying Raleigh-Cary and 26.2 percent (26.2%) higher than that in the lowest paying Fayetteville.