The annual salary statistics of insurance sales agents in San Juan-Caguas-Guaynabo, Puerto Rico is shown in Table 1. The wage statistics of insurance sales agents in San Juan-Caguas-Guaynabo 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 | $19,480 |
| 25th Percentile Wage | $24,270 |
| 50th Percentile Wage | $30,650 |
| 75th Percentile Wage | $36,940 |
| 90th Percentile Wage | $50,840 |
Table 1 shows the average annual salary for insurance sales agents in San Juan-Caguas-Guaynabo, Puerto Rico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $50,840. The median (50th percentile) annual salary is $30,650. The average annual salary for the bottom 10 percent earners is $19,480.
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 | $30,650 | 0.88% | -18.47% |
| 2021 | $30,380 | -9.41% | - |
| 2020 | $33,240 | -1.23% | - |
| 2019 | $33,650 | 5.88% | - |
| 2018 | $31,670 | 3.35% | - |
| 2017 | $30,610 | 0.16% | - |
| 2016 | $30,560 | -1.47% | - |
| 2015 | $31,010 | -0.87% | - |
| 2014 | $31,280 | 5.15% | - |
| 2013 | $29,670 | -22.38% | - |
| 2012 | $36,310 | - | - |
From Table 3 we note that with a median annual salary of $30,650, San Juan-Caguas-Guaynabo is the second highest paying city for insurance sales agents in state of Puerto Rico, following the highest paying city Mayaguez (median annual salary of $30,950). Compared with Mayaguez, the median annual salary of insurance sales agents in San Juan-Caguas-Guaynabo is 1.0 percent (1.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Mayaguez | |
| San Juan-Caguas-Guaynabo | |
| Aguadilla-Isabela-San Sebastian | |
| Ponce | |
| Arecibo |