The annual salary statistics of insurance sales agents in Newark-Union, Pennsylvania is shown in Table 1. The wage statistics of insurance sales agents in Newark-Union 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 | $34,400 |
| 25th Percentile Wage | $44,130 |
| 50th Percentile Wage | $58,500 |
| 75th Percentile Wage | $88,100 |
| 90th Percentile Wage | $128,850 |
Table 1 shows the average annual salary for insurance sales agents in Newark-Union, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,850. The median (50th percentile) annual salary is $58,500. The average annual salary for the bottom 10 percent earners is $34,400.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $58,500 | -7.28% | 0.17% |
| 2016 | $62,760 | -0.51% | - |
| 2015 | $63,080 | -1.03% | - |
| 2014 | $63,730 | 5.65% | - |
| 2013 | $60,130 | 2.88% | - |
| 2012 | $58,400 | - | - |
From Table 3 we note that the median annual salary of $58,500 in Newark-Union is in the middle of salary range for insurance sales agents in state of Pennsylvania. In comparison, the annual salary of insurance sales agents in Newark-Union is 19.1 percent (19.1%) lower than that in the highest paying Philadelphia and 32.9 percent (32.9%) higher than that in the lowest paying Johnstown.