The annual salary statistics of insurance sales agents in Augusta-Richmond County, South Carolina is shown in Table 1. The wage data of insurance sales agents in Augusta-Richmond County 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 | $30,500 |
| 25th Percentile Wage | $36,310 |
| 50th Percentile Wage | $47,490 |
| 75th Percentile Wage | $71,610 |
| 90th Percentile Wage | $97,100 |
Table 1 shows the average annual salary for insurance sales agents in Augusta-Richmond County, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $97,100. The median (50th percentile) annual salary is $47,490. The average annual salary for the bottom 10 percent earners is $30,500.
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 | $47,490 | 18.95% | 34.22% |
| 2021 | $38,490 | -9.02% | - |
| 2020 | $41,960 | 1.48% | - |
| 2019 | $41,340 | 9.55% | - |
| 2018 | $37,390 | 4.09% | - |
| 2017 | $35,860 | 0.78% | - |
| 2016 | $35,580 | 5.06% | - |
| 2015 | $33,780 | -0.18% | - |
| 2014 | $33,840 | -11.38% | - |
| 2013 | $37,690 | 17.11% | - |
| 2012 | $31,240 | - | - |
From Table 3 we note that the median annual salary of $47,490 in Augusta-Richmond County is in the middle of salary range for insurance sales agents in state of South Carolina. In comparison, the annual salary of insurance sales agents in Augusta-Richmond County is 21.4 percent (21.4%) lower than that in the highest paying Charlotte-Gastonia-Rock Hill and 34.7 percent (34.7%) higher than that in the lowest paying Low Country South Carolina nonmetropolitan area.