The annual salary statistics of insurance sales agents in Watertown-Fort Drum, New York is shown in Table 1. The wage data of insurance sales agents in Watertown-Fort Drum 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 | $33,650 |
| 25th Percentile Wage | $38,890 |
| 50th Percentile Wage | $48,100 |
| 75th Percentile Wage | $59,600 |
| 90th Percentile Wage | $140,340 |
Table 1 shows the average annual salary for insurance sales agents in Watertown-Fort Drum, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $140,340. The median (50th percentile) annual salary is $48,100. The average annual salary for the bottom 10 percent earners is $33,650.
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 | $48,100 | -2.20% | -26.47% |
| 2021 | $49,160 | 23.23% | - |
| 2020 | $37,740 | -17.04% | - |
| 2019 | $44,170 | -6.88% | - |
| 2018 | $47,210 | -5.51% | - |
| 2017 | $49,810 | -22.12% | - |
| 2016 | $60,830 | 0.00% | - |
| 2012 | $60,830 | - | - |
From Table 3 we note that the median annual salary of $48,100 in Watertown-Fort Drum 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 Watertown-Fort Drum is 40.4 percent (40.4%) lower than that in the highest paying Southwest New York nonmetropolitan area and 2.0 percent (2.0%) higher than that in the lowest paying Capital-Northern New York nonmetropolitan area.