The annual salary statistics of insurance sales agents in Kingsport-Bristol-Bristol, Virginia is shown in Table 1. The wage statistics of insurance sales agents in Kingsport-Bristol-Bristol 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 | $29,330 |
| 25th Percentile Wage | $35,750 |
| 50th Percentile Wage | $46,830 |
| 75th Percentile Wage | $63,370 |
| 90th Percentile Wage | $92,800 |
Table 1 shows the average annual salary for insurance sales agents in Kingsport-Bristol-Bristol, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $92,800. The median (50th percentile) annual salary is $46,830. The average annual salary for the bottom 10 percent earners is $29,330.
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 | $46,830 | 2.54% | 22.78% |
| 2021 | $45,640 | -7.87% | - |
| 2020 | $49,230 | 29.33% | - |
| 2018 | $34,790 | -2.59% | - |
| 2017 | $35,690 | -4.74% | - |
| 2016 | $37,380 | 0.48% | - |
| 2015 | $37,200 | 0.59% | - |
| 2014 | $36,980 | -3.60% | - |
| 2013 | $38,310 | 5.61% | - |
| 2012 | $36,160 | - | - |
From Table 3 we note that the median annual salary of $46,830 in Kingsport-Bristol-Bristol is in the middle of salary range for insurance sales agents in state of Virginia. In comparison, the annual salary of insurance sales agents in Kingsport-Bristol-Bristol is 23.0 percent (23.0%) lower than that in the highest paying Southside Virginia nonmetropolitan area and 26.4 percent (26.4%) higher than that in the lowest paying Danville.