The annual salary statistics of insurance sales agents in Las Vegas-Paradise, Nevada is shown in Table 1. The wage data of insurance sales agents in Las Vegas-Paradise 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 | $31,440 |
| 25th Percentile Wage | $38,550 |
| 50th Percentile Wage | $46,520 |
| 75th Percentile Wage | $51,510 |
| 90th Percentile Wage | $104,670 |
Table 1 shows the average annual salary for insurance sales agents in Las Vegas-Paradise, Nevada in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $104,670. The median (50th percentile) annual salary is $46,520. The average annual salary for the bottom 10 percent earners is $31,440.
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 | $46,520 | -3.96% | 22.25% |
| 2021 | $48,360 | 13.65% | - |
| 2020 | $41,760 | 7.21% | - |
| 2019 | $38,750 | -14.50% | - |
| 2018 | $44,370 | 6.36% | - |
| 2017 | $41,550 | -11.70% | - |
| 2016 | $46,410 | 12.43% | - |
| 2015 | $40,640 | -3.03% | - |
| 2014 | $41,870 | 10.22% | - |
| 2013 | $37,590 | 3.78% | - |
| 2012 | $36,170 | - | - |
From Table 3 we note that the median annual salary of $46,520 in Las Vegas-Paradise is in the middle of salary range for insurance sales agents in state of Nevada. In comparison, the annual salary of insurance sales agents in Las Vegas-Paradise is 2.6 percent (2.6%) lower than that in the highest paying Reno-Sparks and 27.8 percent (27.8%) higher than that in the lowest paying Other Nevada nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Reno-Sparks | |
| Carson City | |
| Las Vegas-Paradise | |
| Nevada nonmetropolitan area | |
| Western Central Nevada nonmetropolitan area | |
| Other Nevada nonmetropolitan area |