The annual salary statistics of insurance sales agents in Reno-Sparks, Nevada is shown in Table 1. The wage data of insurance sales agents in Reno-Sparks 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 | $31,080 |
| 25th Percentile Wage | $44,760 |
| 50th Percentile Wage | $47,740 |
| 75th Percentile Wage | $57,540 |
| 90th Percentile Wage | $110,030 |
Table 1 shows the average annual salary for insurance sales agents in Reno-Sparks, Nevada in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $110,030. The median (50th percentile) annual salary is $47,740. The average annual salary for the bottom 10 percent earners is $31,080.
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 | $47,740 | 1.01% | 4.21% |
| 2021 | $47,260 | 15.49% | - |
| 2020 | $39,940 | -12.37% | - |
| 2019 | $44,880 | -21.72% | - |
| 2018 | $54,630 | -7.82% | - |
| 2017 | $58,900 | 12.26% | - |
| 2016 | $51,680 | -3.44% | - |
| 2015 | $53,460 | 16.29% | - |
| 2014 | $44,750 | -5.77% | - |
| 2013 | $47,330 | 3.38% | - |
| 2012 | $45,730 | - | - |
From Table 3 we note that with a median annual salary of $47,740, Reno-Sparks is the highest paying city for insurance sales agents in state of Nevada, followed by Carson City (median annual salary $46,990). In comparison, the median annual salary of insurance sales agents in Reno-Sparks is 1.6 percent (1.6%) higher than that in Carson City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Reno-Sparks | |
| Carson City | |
| Las Vegas-Paradise | |
| Nevada nonmetropolitan area | |
| Western Central Nevada nonmetropolitan area | |
| Other Nevada nonmetropolitan area |