The annual salary statistics of insurance sales agents in Hilton Head Island-Bluffton-Beaufort, South Carolina is shown in Table 1. The wage data of insurance sales agents in Hilton Head Island-Bluffton-Beaufort 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 | $30,450 |
| 25th Percentile Wage | $36,760 |
| 50th Percentile Wage | $57,050 |
| 75th Percentile Wage | $68,420 |
| 90th Percentile Wage | $97,860 |
Table 1 shows the average annual salary for insurance sales agents in Hilton Head Island-Bluffton-Beaufort, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $97,860. The median (50th percentile) annual salary is $57,050. The average annual salary for the bottom 10 percent earners is $30,450.
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 | $57,050 | 16.35% | 33.97% |
| 2021 | $47,720 | -39.12% | - |
| 2020 | $66,390 | 9.22% | - |
| 2019 | $60,270 | 30.06% | - |
| 2018 | $42,150 | 9.96% | - |
| 2017 | $37,950 | 0.74% | - |
| 2016 | $37,670 | -7.88% | - |
| 2015 | $40,640 | 7.31% | - |
| 2012 | $37,670 | - | - |
From Table 3 we note that with a median annual salary of $57,050, Hilton Head Island-Bluffton-Beaufort is the second highest paying city for insurance sales agents in state of South Carolina, following the highest paying city Charlotte-Gastonia-Rock Hill (median annual salary of $60,440). Compared with Charlotte-Gastonia-Rock Hill, the median annual salary of insurance sales agents in Hilton Head Island-Bluffton-Beaufort is 5.6 percent (5.6%) lower.