The annual salary statistics of insurance sales agents in Charlotte-Gastonia-Rock Hill, South Carolina is shown in Table 1. The wage statistics of insurance sales agents in Charlotte-Gastonia-Rock Hill 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 | $30,710 |
| 25th Percentile Wage | $39,110 |
| 50th Percentile Wage | $60,440 |
| 75th Percentile Wage | $83,740 |
| 90th Percentile Wage | $124,810 |
Table 1 shows the average annual salary for insurance sales agents in Charlotte-Gastonia-Rock Hill, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,810. The median (50th percentile) annual salary is $60,440. The average annual salary for the bottom 10 percent earners is $30,710.
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 | $60,440 | 16.05% | 21.74% |
| 2021 | $50,740 | -14.03% | - |
| 2020 | $57,860 | 2.94% | - |
| 2019 | $56,160 | 1.46% | - |
| 2018 | $55,340 | 4.39% | - |
| 2017 | $52,910 | 0.00% | - |
| 2016 | $52,910 | -1.81% | - |
| 2015 | $53,870 | 3.43% | - |
| 2014 | $52,020 | 6.77% | - |
| 2013 | $48,500 | 2.47% | - |
| 2012 | $47,300 | - | - |
From Table 3 we note that with a median annual salary of $60,440, Charlotte-Gastonia-Rock Hill is the highest paying city for insurance sales agents in state of South Carolina, followed by Hilton Head Island-Bluffton-Beaufort (median annual salary $57,050). In comparison, the median annual salary of insurance sales agents in Charlotte-Gastonia-Rock Hill is 5.6 percent (5.6%) higher than that in Hilton Head Island-Bluffton-Beaufort.