The annual salary statistics of insurance sales agents in Utica-Rome, New York is shown in Table 1. The wage data of insurance sales agents in Utica-Rome 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 | $48,360 |
| 25th Percentile Wage | $48,430 |
| 50th Percentile Wage | $60,110 |
| 75th Percentile Wage | $97,680 |
| 90th Percentile Wage | $134,820 |
Table 1 shows the average annual salary for insurance sales agents in Utica-Rome, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $134,820. The median (50th percentile) annual salary is $60,110. The average annual salary for the bottom 10 percent earners is $48,360.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $60,110 | -51.27% | 17.82% |
| 2020 | $90,930 | 30.18% | - |
| 2019 | $63,490 | 8.46% | - |
| 2018 | $58,120 | -0.36% | - |
| 2017 | $58,330 | 7.97% | - |
| 2016 | $53,680 | -8.72% | - |
| 2015 | $58,360 | 7.27% | - |
| 2014 | $54,120 | -20.36% | - |
| 2013 | $65,140 | 24.16% | - |
| 2012 | $49,400 | - | - |
From Table 3 we note that the median annual salary of $60,110 in Utica-Rome is in the middle of salary range for insurance sales agents in state of New York. In comparison, the annual salary of insurance sales agents in Utica-Rome is 25.5 percent (25.5%) lower than that in the highest paying Southwest New York nonmetropolitan area and 21.6 percent (21.6%) higher than that in the lowest paying Capital-Northern New York nonmetropolitan area.