The annual salary statistics of insurance sales agents in McAllen-Edinburg-Mission, Texas is shown in Table 1. The wage data of insurance sales agents in McAllen-Edinburg-Mission 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 | $28,410 |
| 25th Percentile Wage | $28,970 |
| 50th Percentile Wage | $35,870 |
| 75th Percentile Wage | $48,940 |
| 90th Percentile Wage | $64,050 |
Table 1 shows the average annual salary for insurance sales agents in McAllen-Edinburg-Mission, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $64,050. The median (50th percentile) annual salary is $35,870. The average annual salary for the bottom 10 percent earners is $28,410.
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 | $35,870 | -5.30% | 2.62% |
| 2021 | $37,770 | -23.83% | - |
| 2020 | $46,770 | 14.90% | - |
| 2019 | $39,800 | -11.63% | - |
| 2018 | $44,430 | 5.54% | - |
| 2017 | $41,970 | 2.45% | - |
| 2016 | $40,940 | 11.70% | - |
| 2015 | $36,150 | 4.43% | - |
| 2014 | $34,550 | -0.09% | - |
| 2013 | $34,580 | -1.01% | - |
| 2012 | $34,930 | - | - |
From Table 3 we note that the median annual salary of $35,870 in McAllen-Edinburg-Mission is in the middle of salary range for insurance sales agents in state of Texas. In comparison, the annual salary of insurance sales agents in McAllen-Edinburg-Mission is 30.3 percent (30.3%) lower than that in the highest paying Dallas-Plano-Irving and 20.0 percent (20.0%) higher than that in the lowest paying Killeen-Temple-Fort Hood.